Community West Bancshares (CWBC) 10-Q 11 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 08, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Document Transition Report	false
Entity File Number	000-23575
Entity Registrant Name	COMMUNITY WEST BANCSHARES
Entity Central Index Key	0001051343
Entity Incorporation, State or Country Code	CA
Entity Tax Identification Number	77-0446957
Entity Address, Address Line One	445 Pine Avenue
Entity Address, City or Town	Goleta
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	93117
City Area Code	805
Local Phone Number	692-5821
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	CWBC
Security Exchange Name	NASDAQ
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		8,746,663

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets:
Cash and due from banks and federal funds sold	$ 2,361	$ 1,621
Interest-earning demand deposits in other financial institutions	99,915	206,754
Cash and cash equivalents	102,276	208,375
Investment securities - available-for-sale, at fair value; amortized cost of $58,323 at June 30, 2022 and $19,588 at December 31, 2021	57,681	19,711
Investment securities - held-to-maturity, at amortized cost; fair value of $2,593 at June 30, 2022 and $2,974 at December 31, 2021	2,636	2,815
Investment securities - measured at fair value; amortized cost of $66 at June 30, 2022 and December 31, 2021	196	248
Federal Home Loan Bank stock, at cost	3,160	3,068
Federal Reserve Bank stock, at cost	1,373	1,373
Loans:
Held for sale, at lower of cost or fair value	23,124	23,408
Held for investment, net of allowance for loan losses of $10,866 at June 30, 2022 and $10,404 at December 31, 2021	878,682	858,271
Total loans, net	901,806	881,679
Other assets acquired through foreclosure, net	2,250	2,518
Premises and equipment, net	6,365	6,576
Other assets	29,085	30,689
Total assets	1,106,828	1,157,052
Deposits:
Non-interest-bearing demand	236,696	209,893
Interest-bearing demand	475,869	537,508
Savings	25,626	23,675
Certificates of deposit ($250,000 or more)	8,688	17,612
Other certificates of deposit	147,785	161,443
Total deposits	894,664	950,131
Federal Home Loan Bank advances	90,000	90,000
Other liabilities	15,022	15,546
Total liabilities	999,686	1,055,677
Stockholders' equity:
Common stock - no par value, 60,000,000 shares authorized; 8,743,679 shares issued and outstanding at June 30, 2022 and 8,650,166 at December 31, 2021	45,402	44,431
Retained earnings	62,187	56,852
Accumulated other comprehensive (loss) income	(447)	92
Total stockholders' equity	107,142	101,375
Total liabilities and stockholders' equity	$ 1,106,828	$ 1,157,052

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets:
Investment securities available-for-sale, amortized cost	$ 58,323	$ 19,588
Investment securities held-to-maturity, fair value	2,593	2,974
Investment securities measured at fair value, amortized cost	66	66
Loans:
Held for investment, allowance for loan losses	$ 10,866	$ 10,404
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)	8,743,679	8,650,166
Common stock, shares outstanding (in shares)	8,743,679	8,650,166

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income:
Loans, including fees	$ 11,129	$ 11,433	$ 22,323	$ 22,289
Investment securities and other	577	218	883	417
Total interest income	11,706	11,651	23,206	22,706
Interest expense:
Deposits	500	771	1,070	1,513
Federal Home Loan Bank advances	196	194	390	465
Total interest expense	696	965	1,460	1,978
Net interest income	11,010	10,686	21,746	20,728
Provision (credit) for loan losses	252	(41)	(32)	(214)
Net interest income after provision (credit) for loan losses	10,758	10,727	21,778	20,942
Non-interest income:
Other loan fees	377	310	623	623
Gains from loan sales, net	136	130	196	248
Document processing fees	122	138	223	244
Service charges	93	74	181	141
Other	323	220	1,119	513
Total non-interest income	1,051	872	2,342	1,769
Non-interest expenses:
Salaries and employee benefits	4,910	4,379	9,775	8,944
Occupancy, net	1,021	780	2,018	1,559
Professional services	635	430	1,034	770
Data processing	307	332	617	672
Depreciation	179	198	362	403
FDIC assessment	164	121	335	212
Advertising and marketing	233	164	491	347
Stock based compensation	71	59	144	126
Other	592	206	307	496
Total non-interest expenses	8,112	6,669	15,083	13,529
Income before provision for income taxes	3,697	4,930	9,037	9,182
Provision for income taxes	1,062	1,379	2,442	2,610
Net income	$ 2,635	$ 3,551	$ 6,595	$ 6,572
Earnings per share:
Basic (in dollars per share)	$ 0.30	$ 0.42	$ 0.76	$ 0.77
Diluted (in dollars per share)	$ 0.30	$ 0.41	$ 0.74	$ 0.76
Weighted average number of common shares outstanding:
Basic (in shares)	8,715	8,549	8,689	8,522
Diluted (in shares)	8,885	8,717	8,867	8,661
Dividends declared per common share (in dollars per share)	$ 0.075	$ 0.070	$ 0.145	$ 0.130

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) [Abstract]
Net income	$ 2,635	$ 3,551	$ 6,595	$ 6,572
Other comprehensive (loss) income, net:
Unrealized (loss) income on securities available-for-sale (AFS), net (tax effect of $121, $67, $226 and $49 for each respective period presented)	(289)	160	(539)	115
Net other comprehensive (loss) income	(289)	160	(539)	115
Comprehensive income	$ 2,346	$ 3,711	$ 6,056	$ 6,687

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other comprehensive (loss) income, net:
Unrealized (loss) income on securities available-for-sale (AFS), tax effect	$ 121	$ 67	$ 226	$ 49

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2020	$ 42,909	$ 35	$ 46,063	$ 89,007
Balance (in shares) at Dec. 31, 2020	8,473,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	6,572	6,572
Exercise of stock options	$ 745	0	0	745
Exercise of stock options (in shares)	116,000
Stock based compensation	$ 126	0	0	126
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(1,108)	(1,108)
Dividends on common stock (in shares)	0
Other comprehensive (loss) income, net	$ 0	115	0	115
Balance at Jun. 30, 2021	$ 43,780	150	51,527	95,457
Balance (in shares) at Jun. 30, 2021	8,589,000
Balance at Mar. 31, 2021	$ 43,227	(10)	48,574	91,791
Balance (in shares) at Mar. 31, 2021	8,524,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	3,551	3,551
Exercise of stock options	$ 494	0	0	494
Exercise of stock options (in shares)	65,000
Stock based compensation	$ 59	0	0	59
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(598)	(598)
Dividends on common stock (in shares)	0
Other comprehensive (loss) income, net	$ 0	160	0	160
Balance at Jun. 30, 2021	$ 43,780	150	51,527	95,457
Balance (in shares) at Jun. 30, 2021	8,589,000
Balance at Dec. 31, 2021	$ 44,431	92	56,852	$ 101,375
Balance (in shares) at Dec. 31, 2021	8,650,000			8,650,166
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	6,595	$ 6,595
Exercise of stock options	$ 827	0	0	827
Exercise of stock options (in shares)	94,000
Stock based compensation	$ 144	0	0	144
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(1,260)	(1,260)
Dividends on common stock (in shares)	0
Other comprehensive (loss) income, net	$ 0	(539)	0	(539)
Balance at Jun. 30, 2022	$ 45,402	(447)	62,187	$ 107,142
Balance (in shares) at Jun. 30, 2022	8,744,000			8,743,679
Balance at Mar. 31, 2022	$ 44,780	(158)	60,206	$ 104,828
Balance (in shares) at Mar. 31, 2022	8,682,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	2,635	2,635
Exercise of stock options	$ 551	0	0	551
Exercise of stock options (in shares)	62,000
Stock based compensation	$ 71	0	0	71
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(654)	(654)
Dividends on common stock (in shares)	0
Other comprehensive (loss) income, net	$ 0	(289)	0	(289)
Balance at Jun. 30, 2022	$ 45,402	$ (447)	$ 62,187	$ 107,142
Balance (in shares) at Jun. 30, 2022	8,744,000			8,743,679

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 6,595	$ 6,572
Adjustments to reconcile net income to cash provided by operating activities:
Provision (credit) for loan losses	(32)	(214)
Depreciation	362	403
Stock based compensation	144	126
Deferred income taxes	124	(77)
Net accretion of discounts and premiums for investment securities	11	39
(Gains) Losses on:
Sale of repossessed assets,	(104)	0
Sale of loans, net	(196)	(248)
Loans originated for sale, net of collections on loans held for sale	284	3,977
Changes in:
Investment securities held at fair value	52	(49)
Servicing assets, net	(1)	(64)
Other assets	1,707	350
Other liabilities	(524)	(1,890)
Net cash provided by operating activities	8,422	8,925
Cash flows from investing activities:
Principal pay downs and maturities of available-for-sale securities	992	2,273
Purchase of available-for-sale securities	(39,738)	(4,500)
Principal pay downs and maturities of held-to-maturity securities	179	1,196
Loan originations and principal collections, net	(20,183)	(39,297)
Purchase of FHLB stock	(92)	0
Redemption of FHLB stock	0	192
Purchase of premises and equipment, net	(151)	(79)
Proceeds from sale of other real estate owned and repossessed assets, net	372	0
Net cash used in investing activities	(58,621)	(40,215)
Cash flows from financing activities:
Net (decrease) increase in deposits	(55,467)	98,393
Repayment of FHLB advances	0	(15,000)
Exercise of stock options	827	745
Cash dividends paid on common stock	(1,260)	(1,108)
Net cash (used in) provided by financing activities	(55,900)	83,030
Net (decrease) increase cash and cash equivalents	(106,099)	51,740
Cash and cash equivalents at beginning of period	208,375	60,540
Cash and cash equivalents at end of period	102,276	112,280
Cash paid during the period for:
Interest	1,481	2,128
Income taxes	3,195	3,367
Non-cash investing and financing activity:
Transfers of loans to other assets acquired through foreclosure, net	$ 0	$ 136

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2022
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”) which includes 445 Pine, LLC, the Bank’s wholly-owned limited liability company. Unless indicated otherwise or unless the context suggests otherwise, these entities are referred to herein collectively and on a consolidated 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. Interim Financial Information T he accompanying unaudited consolidated financial statements as of June 30, 2022 and for the three and six months ended June 30, 2022 and 2021 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. 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. Reclassifications Certain amounts in the consolidated financial statements as of December 31, 2021 and for the three and six months ended June 30, 2021 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 loans guaranteed by the USDA Farm Service Agency (“FSA”) and Small Business Association (“SBA”) loans. The Company did not incur any lower of cost or fair value provision in the three and six months ended June 30, 2022 and 2021 Loans Held for Investment and Interest and Fees from Loans Loans are recorded 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. 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 borrower discontinues making payments as contractually required by the note, the Company must determine whether it is appropriate to continue to accrue interest. Generally, the Company places loans in a nonaccrual status and ceases recognizing interest income when the loan has become delinquent by more than 90 days or when management determines that the full repayment of principal and collection of interest is unlikely. The Company may decide to continue to accrue interest on certain loans more than 90 days delinquent if they are well secured by collateral and in the process of collection. 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: 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. Management determines the significance of payment delays or payment shortfalls on a case-by-case basis. When determining the possibility of impairment, management considers the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. For collateral-dependent loans, the Company uses the fair value of collateral method to measure impairment. The collateral-dependent loans that recognize impairment are charged down to the fair value less costs to sell. All other loans are measured for impairment either based on the present value of future cash flows or the loan’s observable market price. Troubled debt restructured loan (“TDR”): Allowance 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 Substantially Risk Free – These borrowers have virtually no probability 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 – This rating is for the highest quality borrowers with nominal probability of default or loss given default from the transaction. Typically, this is a borrower with a well-established record of financial performance, a strong equity position, abundant liquidity, and excellent debt service ability. The Borrower’s financial outlook is stable due to a broad range of operations or products and is able to weather an economic downturn without significant impact to liquidity or net worth. Typically, this borrower will be publicly owned or have access to public debt or equity, all investment grade. In addition, these credits will conform in all aspects to established loan policies and procedures, laws, rules, and regulations. Pass/Watch – The loans in the four remaining pass categories range from minimal risk to moderate risk to acceptable risk to Watch risk rating. Loans rated in the first three categories are acceptable loans, appropriately underwritten, bearing an ordinary risk of loss to the Company. Loans in the minimal and moderate risk categories are loans to quality borrowers with financial statements presenting a good primary source as well as an adequate secondary source of repayment. In the case of individuals, borrowers with this rating are quality borrowers demonstrating a reasonable level of secure income, a net worth adequate to support the loan and presenting a good primary source as well as an adequate secondary source of repayment. Loans rated Watch indicate that although the borrower meets the criteria for a rating of acceptable risk or better, the credit possesses an identified and elevated risk level that should be resolved in a short period of time. Technical risks include, but are not limited to, inadequate or improperly executed documentation, which may be material, serious delays in the submission of financial reporting or covenant violations that are not indicative of a protracted trend. Special Mention - A Special Mention loan has potential weaknesses that require management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the Company’s credit position at some future date. Special mention assets are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. Substandard - A Substandard loan is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize full collection of amounts due. They are characterized by the distinct possibility that the Company will sustain some loss if the borrower’s deficiencies are not corrected. Doubtful - A loan classified Doubtful has all the weaknesses inherent in one classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high, but because of certain important and reasonably specific pending factors, which may work to the advantage and strengthening of the loan, its classification as an estimated loss is deferred until its more exact status may be determined. Pending factors include proposed merger, acquisition or liquidation procedures, capital injection, perfecting liens on additional collateral and refinancing plans. Loss - Loans classified Loss are considered uncollectible and of such little value that their continuance as bankable loans is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this loan even though partial recovery may be realized in the future. Losses are taken in the period in which they are considered uncollectible. 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 (which includes SBA 504, Land, and Construction) and SBA 7 (a) 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 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 or valuation, an apparent deficiency exists. In the event there is no perceived equity, the loan is generally fully charged-off. Consumer Loans Consumer 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 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 loan’s 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 financial statements prepared by an accountant or appraisals no more than twelve months old at time of evaluation. Additionally, for both real estate and non-real estate collateral, the Company may use other sources to determine value as deemed appropriate. • The loan’s observable market price. Interest income is not recognized on impaired loans except for limited circumstances in which a loan, although impaired, continues to perform in accordance with the loan contract and the borrower provides financial information to support maintaining the loan on accrual. The Company determines the appropriate ALL on a monthly basis. Any differences between estimated and actual observed losses from the prior month are reflected in the current period in determining the appropriate ALL determination and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size, and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers’ ability to pay and/or the value of the underlying collateral. Additional factors considered include geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on changes in any of the following factors: • Concentrations of credit • Trends in volume, maturity, and composition of loans • Volume and trend in delinquency, nonaccrual, and classified assets • Economic conditions • 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 other expense on the consolidated income statement. Foreclosed Real Estate and Repossessed Assets Foreclosed real estate and other repossessed assets are recorded at fair value at the time of foreclosure less estimated costs to sell. Any excess of loan balance over the fair value less estimated costs to sell of the other assets is charged-off against the allowance for loan losses. Any excess of the fair value less estimated costs to sell over the loan balance is recorded as a loan loss recovery to the extent of the loan loss previously charged-off against the allowance for loan losses; and, if greater, recorded as a gain on foreclosed assets. Subsequent to the legal ownership date, the Company periodically performs a new valuation, and the asset is carried at the lower of carrying amount or fair value less estimated costs to sell. Operating expenses or income, and gains or losses on disposition of such properties, are recorded in current operations. Income Taxes The Company uses the asset and liability method, which recognizes an asset or liability representing the tax effects of future deductible or taxable amounts that have been recognized in the consolidated financial statements. Due to tax regulations, certain items of income and expense are recognized in different periods for tax return purposes than for financial statement reporting. These items represent “temporary differences.” Deferred income taxes are recognized for the tax effect of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is established for deferred tax assets if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets may not be realized. Any interest or penalties assessed by the taxing authorities is classified in the financial statements as income tax expense. Deferred tax assets are included in other assets on the consolidated balance sheets. Management evaluates the Company’s deferred tax asset for recoverability using a consistent approach, which considers the relative impact of negative and positive evidence, including the Company’s historical profitability and projections of future taxable income. The Company is required to establish a valuation allowance for deferred tax assets and record a charge to income if management determines, based on available evidence at the time the determination is made, that it is more likely than not that some portion or all of the deferred tax assets may not be realized. The Company is subject to the provisions of ASC 740, Income Taxes Earnings Per Share Basic earnings per common share is computed using the weighted average number of common shares outstanding for the period. Diluted earnings per share includes 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 has formed a subcommittee of its allowance for loan losses committee which 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 addition, the Company has analyzed its historical data and is running parallel calculations under different methods in order to refine its final methodology. In March 2020, the FASB issued updated guidance codified within ASU-2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,” which provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. In response to the risk of cessation of the London Interbank Offered Rate (“LIBOR”), regulators in several jurisdictions around the world have undertaken reference rate reform initiatives to identify alternative reference rates that are more observable, or transaction based and less susceptible to manipulation. The Company has limited e xposure. The Company is currently evaluating the impact of the amended guidance, however the adoption of this standard is not anticipated to have a material impact on the Company’s consolidated financial statements. In

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2022
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost and estimated fair value of investment securities are as follows: June 30, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 4,978 $ 52 $ — $ 5,030 U.S. government agency collateralized mortgage obligations (“CMO”) 4,219 4 (41 ) 4,182 U.S. Treasury securities 39,876 — (137 ) 39,739 Corporate debt securities 9,250 — (520 ) 8,730 Total $ 58,323 $ 56 $ (698 ) $ 57,681 Securities held-to-maturity U.S. government agency mortgage-backed securities (“MBS”) $ 2,636 $ 14 $ (57 ) $ 2,593 Total $ 2,636 $ 14 $ (57 ) $ 2,593 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 130 $ — $ 196 Total $ 66 $ 130 $ — $ 196 December 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 5,476 $ 32 $ — $ 5,508 U.S. government agency collateralized mortgage obligations (“CMO”) 4,862 31 (10 ) 4,883 Corporate debt securities 9,250 102 (32 ) 9,320 Total $ 19,588 $ 165 $ (42 ) $ 19,711 Securities held-to-maturity U.S. government agency mortgage-backed securities (“MBS”) $ 2,815 $ 159 $ — $ 2,974 Total $ 2,815 $ 159 $ — $ 2,974 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 182 $ — $ 248 Total $ 66 $ 182 $ — $ 248 At June 30, 2022 and December 31, 2021, securities with carrying values of $51.6 million and $13.2 million, 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 available-for-sale and held-to-maturity at the period ends indicated were as follows: June 30, 2022 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 $ — — $ — — $ 552 0.85 % $ 4,478 1.64 % $ 5,030 1.55 % U.S. government agency CMO — — — — — — 4,182 1.89 % 4,182 1.89 % U.S. Treasury securities 39,739 1.61 % — — — — — — 39,739 1.61 % Corporate debt securities — — — — 8,730 3.74 % — — 8,730 3.74 % Total $ 39,739 1.61 % $ — — $ 9,282 3.57 % $ 8,660 1.76 % $ 57,681 1.95 % Securities held-to-maturity U.S. government agency MBS $ — — $ — — $ 753 3.60 % $ 1,883 3.20 % $ 2,636 3.32 % Total $ — — $ — — $ 753 3.60 % $ 1,883 3.20 % $ 2,636 3.32 % December 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 $ — — $ 661 0.59 % $ 4,847 1.30 % $ — — $ 5,508 1.16 % U.S. government agency CMO — — 3,905 0.50 % 978 0.83 % — — 4,883 0.60 % Corporate debt securities — — 9,320 3.70 % — — — — 9,320 3.70 % Total $ — — $ 13,886 2.70 % $ 5,825 1.20 % $ — — $ 19,711 2.20 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,065 2.90 % $ 750 3.58 % $ — — $ 2,815 3.10 % Total $ — — $ 2,065 2.90 % $ 750 3.58 % $ — — $ 2,815 3.10 % The amortized cost and fair value of available-for-sale and held-to-maturity investment securities maturities as of the periods presented are as shown below: June 30, 2022 December 31, 2021 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 39,876 $ 39,739 $ — $ — After one year through five years — — 13,786 13,886 After five years through ten years 9,795 9,282 5,802 5,825 After ten years 8,652 8,660 — — Total $ 58,323 $ 57,681 $ 19,588 $ 19,711 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years — — 2,065 2,137 After five years through ten years 753 745 750 837 After ten years 1,883 1,848 — — Total $ 2,636 $ 2,593 $ 2,815 $ 2,974 Actual maturities may differ from contractual maturities as borrowers or issuers have the right to prepay or call the investment securities. Changes in interest rates may also impact prepayments. The following tables show all securities that are in an unrealized loss position: June 30, 2022 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 CMO $ (26 ) $ 2,739 $ (15 ) $ 652 $ (41 ) $ 3,391 U.S. Treasury securities (137 ) 39,739 — — (137 ) 39,739 Corporate debt securities (520 ) 8,730 — — (520 ) 8,730 Total $ (683 ) $ 51,208 $ (15 ) $ 652 $ (698 ) $ 51,860 Securities held-to-maturity U.S. government agency MBS $ (57 ) $ 911 $ — $ — $ (57 ) $ 911 Total $ (57 ) $ 911 $ — $ — $ (57 ) $ 911 December 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 CMO $ — $ — $ (10 ) $ 977 $ (10 ) $ 977 Corporate debt securities (32 ) 2,968 — — (32 ) 2,968 Total $ (32 ) $ 2,968 $ (10 ) $ 977 $ (42 ) $ 3,945 As of June 30, 2022 and December 31, 2021, there were 34 and 4 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 securities approach their maturity date, repricing date or if market yields for such investments decline. Management does not believe any of the securities are impaired due to reasons of credit quality. Accordingly, as of June 30, 2022 and December 31, 2021, management believes the impairments detailed in the table above are temporary and no other-than-temporary impairment loss has been realized in the Company’s consolidated income statements.

LOANS HELD FOR SALE

LOANS HELD FOR SALE	6 Months Ended
	Jun. 30, 2022
LOANS HELD FOR SALE [Abstract]
LOANS HELD FOR SALE	3. LOANS HELD FOR SALE As of June 30, 2022 and December 31, 2021, the Company had approximately $6.1 million and $6.3 million of SBA loans included in loans held for sale, respectively. As of June 30, 2022 and December 31, 2021, the principal balance of SBA loans serviced for others was $2.4 million and $2.7 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 United States Department of Agriculture (“USDA”), USDA Farm Service Agency (“FSA”), and the USDA Business and Industry loan program. As of June 30, 2022 and December 31, 2021, the Company had $17.0 million and $17.1 million of USDA loans included in loans held for sale, respectively. As of June 30, 2022 and December 31, 2021, the principal balance of USDA loans serviced for others was $0.7 million.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	6 Months Ended
	Jun. 30, 2022
LOANS HELD FOR INVESTMENT [Abstract]
LOANS HELD FOR INVESTMENT	4. LOANS HELD FOR INVESTMENT The composition of the Company’s loans held for investment loan portfolio follows: June 30, 2022 December 31, 2021 (in thousands) Manufactured housing $ 305,749 $ 297,363 Commercial real estate 516,514 480,801 Commercial 50,645 55,287 SBA 4,785 23,659 HELOC 3,380 3,579 Single family real estate 9,090 8,749 Consumer 35 109 890,198 869,547 Allowance for loan losses (10,866 ) (10,404 ) Deferred fees, net (703 ) (838 ) Discount on SBA loans (32 ) (34 ) Other loans in process 85 — Total loans held for investment, net $ 878,682 $ 858,271 The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: June 30, 2022 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 $ 304,288 $ 1,145 $ 71 $ 107 $ 1,323 $ 138 $ 305,749 $ — Commercial real estate: Commercial real estate 449,360 1,185 — — 1,185 — 450,545 — SBA 504 1st trust deed 13,273 — — — — — 13,273 — Land 10,720 — — — — — 10,720 — Construction 41,976 — — — — — 41,976 — Commercial 50,645 — — — — — 50,645 — SBA 4,559 226 — — 226 — 4,785 — HELOC 3,380 — — — — — 3,380 — Single family real estate 8,849 — — — — 241 9,090 — Consumer 35 — — — — — 35 — Total $ 887,085 $ 2,556 $ 71 $ 107 $ 2,734 $ 379 $ 890,198 $ — December 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 $ 296,715 $ 342 $ — $ — $ 342 $ 306 $ 297,363 $ — Commercial real estate: Commercial real estate 431,062 — — — — — 431,062 — SBA 504 1st trust deed 16,961 — — — — — 16,961 — Land 7,185 — — — — — 7,185 — Construction 25,593 — — — — — 25,593 — Commercial 55,287 — — — — — 55,287 — SBA 23,296 223 139 — 362 1 23,659 — HELOC 3,579 — — — — — 3,579 — Single family real estate 8,491 — — — — 258 8,749 — Consumer 109 — — — — — 109 — Total $ 868,278 $ 565 $ 139 $ — $ 704 $ 565 $ 869,547 $ — 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 from interest income 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 June 30, 2022 and 2021, was $10 thousand and $35 thousand, respectively. Foregone interest on nonaccrual and TDR loans for the six months ended June 30, 2022 and 2021, was $23 thousand and $91 thousand, respectively. Allowance for Loan Losses The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2022 (in thousands) Beginning balance $ 3,758 $ 6,046 $ 580 $ 22 $ 35 $ 105 $ 1 $ 10,547 Charge-offs — — — — — — — — Recoveries 28 21 3 11 4 — — 67 Net recoveries 28 21 3 11 4 — — 67 Provision (credit) 190 53 11 (10 ) (2 ) 10 — 252 Ending balance $ 3,976 $ 6,120 $ 594 $ 23 $ 37 $ 115 $ 1 $ 10,866 2021 Beginning balance $ 2,623 $ 6,220 $ 1,108 $ 130 $ 25 $ 126 $ 1 $ 10,233 Charge-offs — — — — — — — — Recoveries 12 20 10 4 1 1 — 48 Net recoveries 12 20 10 4 1 1 — 48 Provision (credit) (5 ) 88 (98 ) (20 ) (1 ) (5 ) — (41 ) Ending balance $ 2,630 $ 6,328 $ 1,020 $ 114 $ 25 $ 122 $ 1 $ 10,240 For the Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2022 (in thousands) Beginning balance $ 2,606 $ 6,729 $ 923 $ 22 $ 18 $ 105 $ 1 $ 10,404 Charge-offs — — — — — — — — Recoveries 35 40 170 242 6 — 1 494 Net recoveries 35 40 170 242 6 — 1 494 Provision (credit) 1,335 (649 ) (499 ) (241 ) 13 10 (1 ) (32 ) Ending balance $ 3,976 $ 6,120 $ 594 $ 23 $ 37 $ 115 $ 1 $ 10,866 2021 Beginning balance $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 Charge-offs — — — — — — — — Recoveries 151 40 20 45 3 1 — 260 Net recoveries 151 40 20 45 3 1 — 260 Provision (credit) (133 ) 338 (379 ) (49 ) (3 ) 13 (1 ) (214 ) Ending balance $ 2,630 $ 6,328 $ 1,020 $ 114 $ 25 $ 122 $ 1 $ 10,240 As of June 30, 2022 and December 31, 2021, the Company had reserves for credit losses on undisbursed loans of $94 thousand and $94 thousand, respectively, which were included in other liabilities on the consolidated balance sheet. The following tables present impairment method information related to loans and allowance for loan losses by loan portfolio segment: Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of June 30, 2022 (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 3,226 $ 215 $ 76 $ 45 $ — $ 412 $ — $ 3,974 Impaired loans with no allowance recorded 1,097 — 1,388 55 — 241 — 2,781 Total loans individually evaluated for impairment 4,323 215 1,464 100 — 653 — 6,755 Loans collectively evaluated for impairment 301,426 516,299 49,181 4,685 3,380 8,437 35 883,443 Total loans held for investment $ 305,749 $ 516,514 $ 50,645 $ 4,785 $ 3,380 $ 9,090 $ 35 $ 890,198 Unpaid Principal Balance Impaired loans with an allowance recorded $ 3,226 $ 215 $ 76 $ 45 $ — $ 412 $ — $ 3,974 Impaired loans with no allowance recorded 1,097 — 1,388 55 — 241 — 2,781 Total loans individually evaluated for impairment 4,323 215 1,464 100 — 653 — 6,755 Loans collectively evaluated for impairment 301,426 516,299 49,181 4,685 3,380 8,437 35 883,443 Total loans held for investment $ 305,749 $ 516,514 $ 50,645 $ 4,785 $ 3,380 $ 9,090 $ 35 $ 890,198 Related Allowance for Credit Losses Loans individually evaluated for impairment 183 17 1 1 — 10 — 212 Loans collectively evaluated for impairment 3,793 6,103 593 22 37 105 1 10,654 Total loans held for investment $ 3,976 $ 6,120 $ 594 $ 23 $ 37 $ 115 $ 1 $ 10,866 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2021 (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 3,563 $ 220 $ 85 $ 194 $ — $ 425 $ — $ 4,487 Impaired loans with no allowance recorded 1,358 1,402 1,505 226 — 258 — 4,749 Total loans individually evaluated for impairment 4,921 1,622 1,590 420 — 683 — 9,236 Loans collectively evaluated for impairment 292,442 479,179 53,697 23,239 3,579 8,066 109 860,311 Total loans held for investment $ 297,363 $ 480,801 $ 55,287 $ 23,659 $ 3,579 $ 8,749 $ 109 $ 869,547 Unpaid Principal Balance Impaired loans with an allowance recorded $ 3,563 $ 220 $ 85 $ 194 $ — $ 683 $ — $ 4,745 Impaired loans with no allowance recorded 1,358 1,402 1,505 226 — — — 4,491 Total loans individually evaluated for impairment 4,921 1,622 1,590 420 — 683 — 9,236 Loans collectively evaluated for impairment 292,442 479,179 53,697 23,239 3,579 8,066 109 860,311 Total loans held for investment $ 297,363 $ 480,801 $ 55,287 $ 23,659 $ 3,579 $ 8,749 $ 109 $ 869,547 Related Allowance for Credit Losses Loans individually evaluated for impairment 210 17 — 1 — 12 — 240 Loans collectively evaluated for impairment 2,396 6,712 923 21 18 93 1 10,164 Total loans held for investment $ 2,606 $ 6,729 $ 923 $ 22 $ 18 $ 105 $ 1 $ 10,404 Included in impaired loans were $0.3 million of loans guaranteed by government agencies at December 31, 2021. There were no impaired loans guaranteed by government agencies at June 30, 2022. A valuation allowance is established for an impaired loan when the fair value of the loan is less than the recorded investment. In certain cases, portions of impaired loans are charged-off to realizable value instead of establishing a valuation allowance and are included, when applicable in the table below as “Impaired loans without specific valuation allowance under ASC 310.” The valuation allowance disclosed above is included in the allowance for loan losses reported in the consolidated balance sheets as of June 30, 2022 and December 31, 2021. The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended June 30, 2022 2021 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 4,441 $ 88 $ 5,648 $ 69 Commercial real estate: Commercial real estate — — — — SBA 504 1st trust deed 215 4 1,627 6 Land — — — — Construction — — — — Commercial 1,487 21 1,744 27 SBA 100 6 407 4 HELOC — — — — Single family real estate 659 15 2,352 53 Consumer — — — — Total $ 6,902 $ 134 $ 11,778 $ 159 Six Months Ended June 30, 2022 2021 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 4,655 $ 173 $ 5,985 $ 182 Commercial real estate: Commercial real estate — — — — SBA 504 1st trust deed 680 8 1,647 44 Land — — — — Construction — — — — Commercial 1,522 42 1,661 54 SBA 204 12 367 8 HELOC — — — — Single family real estate 622 23 2,333 81 Consumer — — — — Total $ 7,683 $ 258 $ 11,993 $ 369 The Company is not committed to lend additional funds on these impaired 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”. Risk ratings are updated as part of our normal loan monitoring process, at a minimum, annually. The following tables present gross loans by risk rating: June 30, 2022 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 304,524 $ — $ 1,225 $ — $ 305,749 Commercial real estate: Commercial real estate 441,114 2,160 5,996 — 449,270 SBA 504 1st trust deed 12,793 — 480 — 13,273 Land 10,720 — — — 10,720 Construction 41,976 — — — 41,976 Commercial 45,976 500 2,831 — 49,307 SBA 1,865 — — — 1,865 HELOC 3,380 — — — 3,380 Single family real estate 8,845 — — 245 9,090 Consumer 35 — — — 35 Total, net 871,228 2,660 10,532 245 884,665 Government guaranteed loans 4,960 — 573 — 5,533 Total $ 876,188 $ 2,660 $ 11,105 $ 245 $ 890,198 December 31, 2021 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 295,810 $ — $ 1,553 $ — $ 297,363 Commercial real estate: Commercial real estate 415,471 3,043 11,255 — 429,769 SBA 504 1st trust deed 14,646 — 2,315 — 16,961 Land 7,185 — — — 7,185 Construction 25,593 — — — 25,593 Commercial 50,372 26 2,265 — 52,663 SBA 1,891 — 114 — 2,005 HELOC 3,579 — — — 3,579 Single family real estate 8,487 — 262 — 8,749 Consumer 109 — — — 109 Total, net 823,143 3,069 17,764 $ — 843,976 Government guaranteed loans 23,610 — 1,961 — 25,571 Total $ 846,753 $ 3,069 $ 19,725 $ — $ 869,547 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 total carrying amount of loans that were classified as TDRs at June 30, 2022 and December 31, 2021 were $6.6 million and $8.6 million, respectively. There were no new TDR loans for the three or six months ended June 30, 2022 or 2021. A TDR loan is deemed to have a payment default when the borrower fails to make two consecutive payments or the collateral is transferred to repossessed assets. The Company had no TDR loans with payment defaults for the three or six months ended June 30, 2022 or 2021. At June 30, 2022 there were no material loan commitments outstanding on TDR loans.

OTHER ASSETS ACQUIRED THROUGH F

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	6 Months Ended
	Jun. 30, 2022
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	5. OTHER ASSETS ACQUIRED THROUGH FORECLOSURE 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 of other assets acquired through foreclosure at June 30, 2022 and December 31, 2021 is primarily attributable to a single commercial agricultural relationship. The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in thousands) Balance, beginning of period $ 2,389 $ 2,572 $ 2,518 $ 2,614 Additions — — — 136 Proceeds from dispositions (232 ) — (372 ) — (Loss) gain on sales, net 93 — 104 (178 ) Third-party portion of write down/loss — — — — Balance, end of period $ 2,250 $ 2,572 $ 2,250 $ 2,572

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
	Jun. 30, 2022
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 (“ASC 820”) established a framework for measuring fair value using a three-level valuation hierarchy for fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. ASC 820 maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the factors market participants would consider in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of inputs, as follows: • 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 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. Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent limitations in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates presented herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction at June 30, 2022 and December 31, 2021. The estimated fair value amounts for June 30, 2022 and December 31, 2021 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 June 30 2022 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 $ 196 $ — $ — $ 196 Investment securities available-for-sale U.S. government agency notes — 5,030 — 5,030 U.S. government agency collateralized mortgage obligations — 4,182 — 4,182 U.S. Treasury securities — 39,739 — 39,739 Corporate debt securities — 8,730 — 8,730 Interest only strips — — 12 12 Servicing assets — — 1,601 1,601 Total $ 196 $ 57,681 $ 1,613 $ 59,490 Fair Value Measurements at the End of the Reporting Period Using: December 31, 2021 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 $ 248 $ — $ — $ 248 Investment securities available-for-sale U.S. government agency note — 5,508 — 5,508 U.S. government agency collateralized mortgage obligations — 4,883 — 4,883 Corporate debt securities — 9,320 — 9,320 Interest only strips — — 15 15 Servicing assets — — 1,600 1,600 Total $ 248 $ 19,711 $ 1,615 $ 21,574 The change in Level 3 assets measured at fair value on a recurring basis included in income was as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Servicing Assets: (in thousands) Balance, beginning of period $ 1,565 1,485 $ 1,600 $ 1,461 Additions 136 241 196 359 Amortization (100 ) (126 ) (195 ) (205 ) Valuation adjustments — — — (15 ) Balance, end of period $ 1,601 1,600 $ 1,601 $ 1,600 Market valuations of our investment securities which are classified as Level 2 are provided by an independent third party. The fair values are determined by using several sources for valuing fixed income securities. Their techniques include pricing models that vary based on the type of asset being valued and incorporate available trade, bid and other market information. In accordance with the fair value hierarchy, the market valuation sources include observable market inputs and are therefore considered Level 2 inputs for purposes of determining the fair values. On certain SBA loan sales, the Company retained interest only strip assets (“I/O strips”) which represent the present value of excess net cash flows generated by the difference between (a) interest at the stated rate paid by borrowers and (b) the sum of (i) pass-through interest paid to third-party investors and (ii) contractual servicing fees. I/O strips are classified as Level 3 in the fair value hierarchy. The fair value is determined on a quarterly basis through a discounted cash flow analysis prepared by an independent third-party using industry prepayment speeds. I/O strip valuation adjustments are recorded as additions or offsets to loan servicing income. The Company had elected to use the amortization 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) June 30 2022 Impaired loans $ 2,070 $ — $ 2,070 $ — Foreclosed real estate and repossessed assets 2,250 — 2,250 — Total $ 4,320 $ — $ 4,320 $ — 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, 2021 Impaired loans $ 3,785 $ — $ 3,785 $ — Loans held for sale 23,408 — 23,408 — Foreclosed real estate and repossessed assets 2,518 — 2,518 — Total $ 29,711 $ — $ 29,711 $ — 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. Loans held for sale are carried at the lower of cost or fair value. For loans in which impairment is determined based on the net present value of cash flows, the Company classifies these as a non-recurring valuation within Level 3 of the valuation hierarchy. Foreclosed real estate and repossessed assets are carried at the lower of book value or fair value less estimated costs to sell. Fair value is based upon independent market prices obtained from certified appraisers or the current listing price, if lower. When the fair value of the collateral is based on a current appraised value, the Company reports the fair value of the foreclosed collateral as non-recurring Level 2. When a current appraised value is not available or if management determines the fair value of the collateral is further impaired, the Company reports the foreclosed collateral as non-recurring Level 3. FAIR VALUES OF FINANCIAL INSTRUMENTS The estimated fair values of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. The estimated fair value of the Company’s financial instruments are as follows: June 30, 2022 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 102,276 $ 102,276 $ — $ — $ 102,276 FRB and FHLB stock 4,533 — 4,533 — 4,533 Investment securities 60,513 196 60,274 — 60,470 Loans, net 901,806 — 891,643 2,070 893,713 Accrued interest receivable 5,470 — 5,470 — 5,470 Financial liabilities: Deposits 894,664 — 893,384 — 893,384 FHLB advances 90,000 — 84,558 — 84,558 Accrued interest payable 37 — 37 — 37 December 31, 2021 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 208,375 $ 208,375 $ — $ — $ 208,375 FRB and FHLB stock 4,441 — 4,441 — 4,441 Investment securities 22,773 248 22,685 — 22,933 Loans, net 881,679 — 870,868 5,452 876,320 Accrued interest receivable 5,841 — 5,841 — 5,841 Financial liabilities: Deposits 950,131 — 948,648 — 948,648 FHLB advances 90,000 — 88,409 — 88,409 Accrued interest payable 58 — 58 — 58

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2022
BORROWINGS [Abstract]
BORROWINGS	7. BORROWINGS Federal Home Loan Bank Advances The Company through the Bank has a blanket lien credit line with the FHLB. FHLB advances are collateralized in the aggregate by CWB’s eligible loans and securities. Total FHLB advances were $90.0 million and $90.0 million at June 30, 2022 and December 31, 2021, respectively, borrowed at fixed rates. The Company also had $46.0 million of letters of credit with FHLB at June 30, 2022 to secure public funds. At June 30, 2022, CWB had pledged to the FHLB $51.6 million of securities and $260.7 million of loans. At June 30, 2022, CWB had $40.3 million available for additional borrowing. At December 31, 2021, CWB had pledged to the FHLB $13.2 million of securities and $286.6 million of loans. Total FHLB interest expense was $193 thousand and $384 thousand for the three and six months ended June 30, 2022, respectively, and was $269 thousand and $461 thousand for the three and six months ended June 30, 2021, respectively. Federal Reserve Bank The Company has established a credit line with the FRB. Advances are collateralized in the aggregate by eligible loans for up to 28 days. At June 30, 2022 and December 31, 2021, there were $263.1 million and $259.5 million, respectively, of loans pledged to the FRB. There were no outstanding FRB advances as of June 30, 2022 and December 31, 2021. Available borrowing capacity was $99.9 million and $119.0 million as of June 30, 2022 and December 31, 2021, respectively. Federal Funds Purchased Lines – The Company has federal funds borrowing lines at correspondent banks totaling $20.0 million. There was no amount outstanding as of June 30, 2022 and December 31, 2021. Line of Credit - In September of 2021, the Company entered into an unsecured line of credit agreement for up to $5.0 million at Prime + 0.25%. The Company must maintain a compensating deposit with the lender of $1.0 million. In addition, the Company must maintain a minimum debt service coverage ratio of 1.65 to 1, a minimum Tier 1 leverage ratio of 7.0%, a minimum total risked based capital ratio of 10.0% and a maximum net non-accrual ratio of not more than 3%. As of June 30, 2022 and December 31, 2021, there was no outstanding balance on the revolving line of credit.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2022
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	8. STOCKHOLDERS’ EQUITY The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (158 ) $ (10 ) $ 92 $ 35 Other comprehensive (loss) income before reclassifications (289 ) 160 (539 ) 115 Amounts reclassified from accumulated other comprehensive income — — — — Net current-period other comprehensive (loss) income (289 ) 160 (539 ) 115 Ending Balance $ (447 ) $ 150 $ (447 ) $ 150 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, 2023. 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 repurchased shares of common stock under this program during the three and six months ended June 30, 2022. During the three and six months ended June 30, 2022, the Company declared and paid common stock dividends of $0.7 million and $1.3 million, respectively. During the three and six months ended June 30, 2021, the Company declared and paid common stock dividends of $0.6 and $1.1 million, respectively.

CAPITAL REQUIREMENT

CAPITAL REQUIREMENT	6 Months Ended
	Jun. 30, 2022
CAPITAL REQUIREMENT [Abstract]
CAPITAL REQUIREMENT	9. CAPITAL REQUIREMENT CWB is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements could trigger certain mandatory or discretionary actions that, if undertaken, could have a material effect on the Company’s business and financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, CWB must meet specific capital guidelines that involve quantitative measures of its assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgements by the regulators about components, risk weightings and other factors. In 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. Under this framework, the Bank would choose the option of using the community bank leverage ratio (CBLR). A CBLR bank may opt out of the framework at any time, without restriction, by reverting to the generally applicable risk-based capital rules. As of the fourth quarter 2021, the Company rescinded its CBLR election. The following tables illustrate the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of June 30, 2022 and December 31, 2021. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) June 30 2022 CWB’s actual regulatory ratios 12.23 % 11.07 % 11.07 % 9.30 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) December 31 2021 CWB’s actual regulatory ratios 12.19 % 11.02 % 11.02 % 8.56 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A There are no conditions or events since June 30, 2022 that management believes have changed the Company’s or the Bank’s risk-based capital category.

REVENUE RECOGNITION

REVENUE RECOGNITION	6 Months Ended
	Jun. 30, 2022
REVENUE RECOGNITION [Abstract]
REVENUE RECOGNITION	10. REVENUE RECOGNITION ASC 606 requires recognition of revenue at an amount that reflects the consideration which the Company expects to be entitled to in exchange for transferring goods or services to a customer. The majority of the Company’s revenue is from sources outside of the scope of ASC 606. Revenue from service charges and fees and interchange fees on credit and debit cards are within the scope of ASC 606. Service Charges on Deposit Accounts Service charges on deposit accounts consist of monthly service fees, check orders, account analysis fees, and other deposit account related fees. The Company’s performance obligation for monthly service fees and account analysis fees is generally satisfied, and the related income recognized, over the period in which the service is provided. Check orders and other deposit related fees are largely transactional based and, therefore, the Company’s performance obligation is satisfied, and related income recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Exchange Fees and Other Service Charges Exchange fees and other service charges are primarily comprised of debit and credit card income, merchant services income, ATM fees and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa or MasterCard. Merchant services income is primarily fees charged to merchants to process their debit and credit card transactions. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM, or a non-Company cardholder uses a Company ATM. Other service charges include fees from processing wire transfers, cashier’s checks, and other services. The Company’s performance obligation for exchange and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 68 $ 58 $ 138 $ 111 Exchange fees and other service charges 132 118 250 221 Non-interest income (in-scope of ASC 606) 200 176 388 332 Non-interest income (out-of-scope of ASC 606) 851 696 1,954 1,437 Total $ 1,051 $ 872 $ 2,342 $ 1,769 Contract Balances A contract asset balance occurs when an entity performs a service for a customer customer customer customer customers Contract Acquisition Costs In connection with the adoption of ASC 606, an entity is required to capitalize, and subsequently amortize into expense, certain incremental costs of obtaining a contract with a customer

LEASES

LEASES	6 Months Ended
	Jun. 30, 2022
LEASES [Abstract]
LEASES	11. LEASES The Company has operating leases for office space. The Company’s office leases are typically for terms of between 2 and 10 years. As of June 30, 2022 and December 31, 2021, the balance of the right-of-use assets lease liabilities The right-of-use assets are included in other assets and the lease liabilities are included in other liabilities Six Months Ended June 30, 2022 2021 Lease cost: (in thousands) Operating lease cost $ 503 $ 1,018 Sublease income — — Total lease cost $ 503 $ 1,018 Other information: Operating cash flows from operating leases $ 499 $ 990 Weighted average remaining lease term - operating leases 7.41 years 8.45 years Weighted average discount rate - operating leases 3.25 % 3.24 % Future minimum operating lease payments: June 30, 2022 2021 (in thousands) 2021 $ — $ 496 2022 504 887 2023 1,013 813 2024 1,026 821 2025 976 768 2026 876 664 Thereafter 2,011 1,922 Total future minimum lease payments $ 6,406 $ 6,371 Less remaining imputed interest 729 820 Total lease liabilities $ 5,677 $ 5,551

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2022
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”) which includes 445 Pine, LLC, the Bank’s wholly-owned limited liability company. Unless indicated otherwise or unless the context suggests otherwise, these entities are referred to herein collectively and on a consolidated
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.
Interim Financial Information	Interim Financial Information T he accompanying unaudited consolidated financial statements as of June 30, 2022 and for the three and six months ended June 30, 2022 and 2021 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.
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.
Reclassifications	Reclassifications Certain amounts in the consolidated financial statements as of December 31, 2021 and for the three and six months ended June 30, 2021
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 loans guaranteed by the USDA Farm Service Agency (“FSA”) and Small Business Association (“SBA”) loans. The Company did not incur any lower of cost or fair value provision in the three and six months ended June 30, 2022 and 2021
Loans Held for Investment and Interest and Fees from Loans	Loans Held for Investment and Interest and Fees from Loans Loans are recorded 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. 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 borrower discontinues making payments as contractually required by the note, the Company must determine whether it is appropriate to continue to accrue interest. Generally, the Company places loans in a nonaccrual status and ceases recognizing interest income when the loan has become delinquent by more than 90 days or when management determines that the full repayment of principal and collection of interest is unlikely. The Company may decide to continue to accrue interest on certain loans more than 90 days delinquent if they are well secured by collateral and in the process of collection. 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: 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. Management determines the significance of payment delays or payment shortfalls on a case-by-case basis. When determining the possibility of impairment, management considers the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. For collateral-dependent loans, the Company uses the fair value of collateral method to measure impairment. The collateral-dependent loans that recognize impairment are charged down to the fair value less costs to sell. All other loans are measured for impairment either based on the present value of future cash flows or the loan’s observable market price. Troubled debt restructured loan (“TDR”):
Allowance for Loan Losses	Allowance 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 Substantially Risk Free – These borrowers have virtually no probability 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 – This rating is for the highest quality borrowers with nominal probability of default or loss given default from the transaction. Typically, this is a borrower with a well-established record of financial performance, a strong equity position, abundant liquidity, and excellent debt service ability. The Borrower’s financial outlook is stable due to a broad range of operations or products and is able to weather an economic downturn without significant impact to liquidity or net worth. Typically, this borrower will be publicly owned or have access to public debt or equity, all investment grade. In addition, these credits will conform in all aspects to established loan policies and procedures, laws, rules, and regulations. Pass/Watch – The loans in the four remaining pass categories range from minimal risk to moderate risk to acceptable risk to Watch risk rating. Loans rated in the first three categories are acceptable loans, appropriately underwritten, bearing an ordinary risk of loss to the Company. Loans in the minimal and moderate risk categories are loans to quality borrowers with financial statements presenting a good primary source as well as an adequate secondary source of repayment. In the case of individuals, borrowers with this rating are quality borrowers demonstrating a reasonable level of secure income, a net worth adequate to support the loan and presenting a good primary source as well as an adequate secondary source of repayment. Loans rated Watch indicate that although the borrower meets the criteria for a rating of acceptable risk or better, the credit possesses an identified and elevated risk level that should be resolved in a short period of time. Technical risks include, but are not limited to, inadequate or improperly executed documentation, which may be material, serious delays in the submission of financial reporting or covenant violations that are not indicative of a protracted trend. Special Mention - A Special Mention loan has potential weaknesses that require management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the Company’s credit position at some future date. Special mention assets are not adversely classified and do not expose the Company to sufficient risk to warrant adverse classification. Substandard - A Substandard loan is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize full collection of amounts due. They are characterized by the distinct possibility that the Company will sustain some loss if the borrower’s deficiencies are not corrected. Doubtful - A loan classified Doubtful has all the weaknesses inherent in one classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high, but because of certain important and reasonably specific pending factors, which may work to the advantage and strengthening of the loan, its classification as an estimated loss is deferred until its more exact status may be determined. Pending factors include proposed merger, acquisition or liquidation procedures, capital injection, perfecting liens on additional collateral and refinancing plans. Loss - Loans classified Loss are considered uncollectible and of such little value that their continuance as bankable loans is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather it is not practical or desirable to defer writing off this loan even though partial recovery may be realized in the future. Losses are taken in the period in which they are considered uncollectible. 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 (which includes SBA 504, Land, and Construction) and SBA 7 (a) 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 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 or valuation, an apparent deficiency exists. In the event there is no perceived equity, the loan is generally fully charged-off. Consumer Loans Consumer 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 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 loan’s 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 financial statements prepared by an accountant or appraisals no more than twelve months old at time of evaluation. Additionally, for both real estate and non-real estate collateral, the Company may use other sources to determine value as deemed appropriate. • The loan’s observable market price. Interest income is not recognized on impaired loans except for limited circumstances in which a loan, although impaired, continues to perform in accordance with the loan contract and the borrower provides financial information to support maintaining the loan on accrual. The Company determines the appropriate ALL on a monthly basis. Any differences between estimated and actual observed losses from the prior month are reflected in the current period in determining the appropriate ALL determination and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size, and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers’ ability to pay and/or the value of the underlying collateral. Additional factors considered include geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on changes in any of the following factors: • Concentrations of credit • Trends in volume, maturity, and composition of loans • Volume and trend in delinquency, nonaccrual, and classified assets • Economic conditions • 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 other expense on the consolidated income statement.
Foreclosed Real Estate and Repossessed Assets	Foreclosed Real Estate and Repossessed Assets Foreclosed real estate and other repossessed assets are recorded at fair value at the time of foreclosure less estimated costs to sell. Any excess of loan balance over the fair value less estimated costs to sell of the other assets is charged-off against the allowance for loan losses. Any excess of the fair value less estimated costs to sell over the loan balance is recorded as a loan loss recovery to the extent of the loan loss previously charged-off against the allowance for loan losses; and, if greater, recorded as a gain on foreclosed assets. Subsequent to the legal ownership date, the Company periodically performs a new valuation, and the asset is carried at the lower of carrying amount or fair value less estimated costs to sell. Operating expenses or income, and gains or losses on disposition of such properties, are recorded in current operations.
Income Taxes	Income Taxes The Company uses the asset and liability method, which recognizes an asset or liability representing the tax effects of future deductible or taxable amounts that have been recognized in the consolidated financial statements. Due to tax regulations, certain items of income and expense are recognized in different periods for tax return purposes than for financial statement reporting. These items represent “temporary differences.” Deferred income taxes are recognized for the tax effect of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is established for deferred tax assets if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets may not be realized. Any interest or penalties assessed by the taxing authorities is classified in the financial statements as income tax expense. Deferred tax assets are included in other assets on the consolidated balance sheets. Management evaluates the Company’s deferred tax asset for recoverability using a consistent approach, which considers the relative impact of negative and positive evidence, including the Company’s historical profitability and projections of future taxable income. The Company is required to establish a valuation allowance for deferred tax assets and record a charge to income if management determines, based on available evidence at the time the determination is made, that it is more likely than not that some portion or all of the deferred tax assets may not be realized. The Company is subject to the provisions of ASC 740, Income Taxes
Earnings Per Share	Earnings Per Share Basic earnings per common share is computed using the weighted average number of common shares outstanding for the period. Diluted earnings per share includes 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 has formed a subcommittee of its allowance for loan losses committee which 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 addition, the Company has analyzed its historical data and is running parallel calculations under different methods in order to refine its final methodology. In March 2020, the FASB issued updated guidance codified within ASU-2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,” which provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. In response to the risk of cessation of the London Interbank Offered Rate (“LIBOR”), regulators in several jurisdictions around the world have undertaken reference rate reform initiatives to identify alternative reference rates that are more observable, or transaction based and less susceptible to manipulation. The Company has limited e xposure. The Company is currently evaluating the impact of the amended guidance, however the adoption of this standard is not anticipated to have a material impact on the Company’s consolidated financial statements. In

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2022
INVESTMENT SECURITIES [Abstract]
Amortized Cost and Estimated Fair Value of Investment Securities	The amortized cost and estimated fair value of investment securities are as follows: June 30, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 4,978 $ 52 $ — $ 5,030 U.S. government agency collateralized mortgage obligations (“CMO”) 4,219 4 (41 ) 4,182 U.S. Treasury securities 39,876 — (137 ) 39,739 Corporate debt securities 9,250 — (520 ) 8,730 Total $ 58,323 $ 56 $ (698 ) $ 57,681 Securities held-to-maturity U.S. government agency mortgage-backed securities (“MBS”) $ 2,636 $ 14 $ (57 ) $ 2,593 Total $ 2,636 $ 14 $ (57 ) $ 2,593 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 130 $ — $ 196 Total $ 66 $ 130 $ — $ 196 December 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 5,476 $ 32 $ — $ 5,508 U.S. government agency collateralized mortgage obligations (“CMO”) 4,862 31 (10 ) 4,883 Corporate debt securities 9,250 102 (32 ) 9,320 Total $ 19,588 $ 165 $ (42 ) $ 19,711 Securities held-to-maturity U.S. government agency mortgage-backed securities (“MBS”) $ 2,815 $ 159 $ — $ 2,974 Total $ 2,815 $ 159 $ — $ 2,974 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 182 $ — $ 248 Total $ 66 $ 182 $ — $ 248
Maturity Periods and Weighted Average Yields of Investment Securities	The maturity periods and weighted average yields of investment securities available-for-sale and held-to-maturity at the period ends indicated were as follows: June 30, 2022 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 $ — — $ — — $ 552 0.85 % $ 4,478 1.64 % $ 5,030 1.55 % U.S. government agency CMO — — — — — — 4,182 1.89 % 4,182 1.89 % U.S. Treasury securities 39,739 1.61 % — — — — — — 39,739 1.61 % Corporate debt securities — — — — 8,730 3.74 % — — 8,730 3.74 % Total $ 39,739 1.61 % $ — — $ 9,282 3.57 % $ 8,660 1.76 % $ 57,681 1.95 % Securities held-to-maturity U.S. government agency MBS $ — — $ — — $ 753 3.60 % $ 1,883 3.20 % $ 2,636 3.32 % Total $ — — $ — — $ 753 3.60 % $ 1,883 3.20 % $ 2,636 3.32 % December 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 $ — — $ 661 0.59 % $ 4,847 1.30 % $ — — $ 5,508 1.16 % U.S. government agency CMO — — 3,905 0.50 % 978 0.83 % — — 4,883 0.60 % Corporate debt securities — — 9,320 3.70 % — — — — 9,320 3.70 % Total $ — — $ 13,886 2.70 % $ 5,825 1.20 % $ — — $ 19,711 2.20 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,065 2.90 % $ 750 3.58 % $ — — $ 2,815 3.10 % Total $ — — $ 2,065 2.90 % $ 750 3.58 % $ — — $ 2,815 3.10 %
Amortized Cost and Fair Value of Investment Securities by Contractual Maturities	The amortized cost and fair value of available-for-sale and held-to-maturity investment securities maturities as of the periods presented are as shown below: June 30, 2022 December 31, 2021 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 39,876 $ 39,739 $ — $ — After one year through five years — — 13,786 13,886 After five years through ten years 9,795 9,282 5,802 5,825 After ten years 8,652 8,660 — — Total $ 58,323 $ 57,681 $ 19,588 $ 19,711 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years — — 2,065 2,137 After five years through ten years 753 745 750 837 After ten years 1,883 1,848 — — Total $ 2,636 $ 2,593 $ 2,815 $ 2,974
Fair Value and Unrealized Losses of Securities in Unrealized Loss Position	The following tables show all securities that are in an unrealized loss position: June 30, 2022 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 CMO $ (26 ) $ 2,739 $ (15 ) $ 652 $ (41 ) $ 3,391 U.S. Treasury securities (137 ) 39,739 — — (137 ) 39,739 Corporate debt securities (520 ) 8,730 — — (520 ) 8,730 Total $ (683 ) $ 51,208 $ (15 ) $ 652 $ (698 ) $ 51,860 Securities held-to-maturity U.S. government agency MBS $ (57 ) $ 911 $ — $ — $ (57 ) $ 911 Total $ (57 ) $ 911 $ — $ — $ (57 ) $ 911 December 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 CMO $ — $ — $ (10 ) $ 977 $ (10 ) $ 977 Corporate debt securities (32 ) 2,968 — — (32 ) 2,968 Total $ (32 ) $ 2,968 $ (10 ) $ 977 $ (42 ) $ 3,945

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	6 Months Ended
	Jun. 30, 2022
LOANS HELD FOR INVESTMENT [Abstract]
Composition of Loans Held for Investment Loan Portfolio	The composition of the Company’s loans held for investment loan portfolio follows: June 30, 2022 December 31, 2021 (in thousands) Manufactured housing $ 305,749 $ 297,363 Commercial real estate 516,514 480,801 Commercial 50,645 55,287 SBA 4,785 23,659 HELOC 3,380 3,579 Single family real estate 9,090 8,749 Consumer 35 109 890,198 869,547 Allowance for loan losses (10,866 ) (10,404 ) Deferred fees, net (703 ) (838 ) Discount on SBA loans (32 ) (34 ) Other loans in process 85 — Total loans held for investment, net $ 878,682 $ 858,271
Contractual Aging of Recorded Investment in Past Due Held for Investment Loans by Class of Loans	The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: June 30, 2022 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 $ 304,288 $ 1,145 $ 71 $ 107 $ 1,323 $ 138 $ 305,749 $ — Commercial real estate: Commercial real estate 449,360 1,185 — — 1,185 — 450,545 — SBA 504 1st trust deed 13,273 — — — — — 13,273 — Land 10,720 — — — — — 10,720 — Construction 41,976 — — — — — 41,976 — Commercial 50,645 — — — — — 50,645 — SBA 4,559 226 — — 226 — 4,785 — HELOC 3,380 — — — — — 3,380 — Single family real estate 8,849 — — — — 241 9,090 — Consumer 35 — — — — — 35 — Total $ 887,085 $ 2,556 $ 71 $ 107 $ 2,734 $ 379 $ 890,198 $ — December 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 $ 296,715 $ 342 $ — $ — $ 342 $ 306 $ 297,363 $ — Commercial real estate: Commercial real estate 431,062 — — — — — 431,062 — SBA 504 1st trust deed 16,961 — — — — — 16,961 — Land 7,185 — — — — — 7,185 — Construction 25,593 — — — — — 25,593 — Commercial 55,287 — — — — — 55,287 — SBA 23,296 223 139 — 362 1 23,659 — HELOC 3,579 — — — — — 3,579 — Single family real estate 8,491 — — — — 258 8,749 — Consumer 109 — — — — — 109 — Total $ 868,278 $ 565 $ 139 $ — $ 704 $ 565 $ 869,547 $ —
Analysis of Allowance for Loan Losses for Loans Held for Investment	The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2022 (in thousands) Beginning balance $ 3,758 $ 6,046 $ 580 $ 22 $ 35 $ 105 $ 1 $ 10,547 Charge-offs — — — — — — — — Recoveries 28 21 3 11 4 — — 67 Net recoveries 28 21 3 11 4 — — 67 Provision (credit) 190 53 11 (10 ) (2 ) 10 — 252 Ending balance $ 3,976 $ 6,120 $ 594 $ 23 $ 37 $ 115 $ 1 $ 10,866 2021 Beginning balance $ 2,623 $ 6,220 $ 1,108 $ 130 $ 25 $ 126 $ 1 $ 10,233 Charge-offs — — — — — — — — Recoveries 12 20 10 4 1 1 — 48 Net recoveries 12 20 10 4 1 1 — 48 Provision (credit) (5 ) 88 (98 ) (20 ) (1 ) (5 ) — (41 ) Ending balance $ 2,630 $ 6,328 $ 1,020 $ 114 $ 25 $ 122 $ 1 $ 10,240 For the Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2022 (in thousands) Beginning balance $ 2,606 $ 6,729 $ 923 $ 22 $ 18 $ 105 $ 1 $ 10,404 Charge-offs — — — — — — — — Recoveries 35 40 170 242 6 — 1 494 Net recoveries 35 40 170 242 6 — 1 494 Provision (credit) 1,335 (649 ) (499 ) (241 ) 13 10 (1 ) (32 ) Ending balance $ 3,976 $ 6,120 $ 594 $ 23 $ 37 $ 115 $ 1 $ 10,866 2021 Beginning balance $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 Charge-offs — — — — — — — — Recoveries 151 40 20 45 3 1 — 260 Net recoveries 151 40 20 45 3 1 — 260 Provision (credit) (133 ) 338 (379 ) (49 ) (3 ) 13 (1 ) (214 ) Ending balance $ 2,630 $ 6,328 $ 1,020 $ 114 $ 25 $ 122 $ 1 $ 10,240
Impairment Method Information Related to Loans and Allowance for Loan Losses by Loan Portfolio Segment	The following tables present impairment method information related to loans and allowance for loan losses by loan portfolio segment: Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of June 30, 2022 (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 3,226 $ 215 $ 76 $ 45 $ — $ 412 $ — $ 3,974 Impaired loans with no allowance recorded 1,097 — 1,388 55 — 241 — 2,781 Total loans individually evaluated for impairment 4,323 215 1,464 100 — 653 — 6,755 Loans collectively evaluated for impairment 301,426 516,299 49,181 4,685 3,380 8,437 35 883,443 Total loans held for investment $ 305,749 $ 516,514 $ 50,645 $ 4,785 $ 3,380 $ 9,090 $ 35 $ 890,198 Unpaid Principal Balance Impaired loans with an allowance recorded $ 3,226 $ 215 $ 76 $ 45 $ — $ 412 $ — $ 3,974 Impaired loans with no allowance recorded 1,097 — 1,388 55 — 241 — 2,781 Total loans individually evaluated for impairment 4,323 215 1,464 100 — 653 — 6,755 Loans collectively evaluated for impairment 301,426 516,299 49,181 4,685 3,380 8,437 35 883,443 Total loans held for investment $ 305,749 $ 516,514 $ 50,645 $ 4,785 $ 3,380 $ 9,090 $ 35 $ 890,198 Related Allowance for Credit Losses Loans individually evaluated for impairment 183 17 1 1 — 10 — 212 Loans collectively evaluated for impairment 3,793 6,103 593 22 37 105 1 10,654 Total loans held for investment $ 3,976 $ 6,120 $ 594 $ 23 $ 37 $ 115 $ 1 $ 10,866 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2021 (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 3,563 $ 220 $ 85 $ 194 $ — $ 425 $ — $ 4,487 Impaired loans with no allowance recorded 1,358 1,402 1,505 226 — 258 — 4,749 Total loans individually evaluated for impairment 4,921 1,622 1,590 420 — 683 — 9,236 Loans collectively evaluated for impairment 292,442 479,179 53,697 23,239 3,579 8,066 109 860,311 Total loans held for investment $ 297,363 $ 480,801 $ 55,287 $ 23,659 $ 3,579 $ 8,749 $ 109 $ 869,547 Unpaid Principal Balance Impaired loans with an allowance recorded $ 3,563 $ 220 $ 85 $ 194 $ — $ 683 $ — $ 4,745 Impaired loans with no allowance recorded 1,358 1,402 1,505 226 — — — 4,491 Total loans individually evaluated for impairment 4,921 1,622 1,590 420 — 683 — 9,236 Loans collectively evaluated for impairment 292,442 479,179 53,697 23,239 3,579 8,066 109 860,311 Total loans held for investment $ 297,363 $ 480,801 $ 55,287 $ 23,659 $ 3,579 $ 8,749 $ 109 $ 869,547 Related Allowance for Credit Losses Loans individually evaluated for impairment 210 17 — 1 — 12 — 240 Loans collectively evaluated for impairment 2,396 6,712 923 21 18 93 1 10,164 Total loans held for investment $ 2,606 $ 6,729 $ 923 $ 22 $ 18 $ 105 $ 1 $ 10,404
Average Investment in Impaired Loans by Class and Related Interest Income Recognized	The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended June 30, 2022 2021 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 4,441 $ 88 $ 5,648 $ 69 Commercial real estate: Commercial real estate — — — — SBA 504 1st trust deed 215 4 1,627 6 Land — — — — Construction — — — — Commercial 1,487 21 1,744 27 SBA 100 6 407 4 HELOC — — — — Single family real estate 659 15 2,352 53 Consumer — — — — Total $ 6,902 $ 134 $ 11,778 $ 159 Six Months Ended June 30, 2022 2021 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 4,655 $ 173 $ 5,985 $ 182 Commercial real estate: Commercial real estate — — — — SBA 504 1st trust deed 680 8 1,647 44 Land — — — — Construction — — — — Commercial 1,522 42 1,661 54 SBA 204 12 367 8 HELOC — — — — Single family real estate 622 23 2,333 81 Consumer — — — — Total $ 7,683 $ 258 $ 11,993 $ 369
Gross Loans by Risk Rating	The following tables present gross loans by risk rating: June 30, 2022 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 304,524 $ — $ 1,225 $ — $ 305,749 Commercial real estate: Commercial real estate 441,114 2,160 5,996 — 449,270 SBA 504 1st trust deed 12,793 — 480 — 13,273 Land 10,720 — — — 10,720 Construction 41,976 — — — 41,976 Commercial 45,976 500 2,831 — 49,307 SBA 1,865 — — — 1,865 HELOC 3,380 — — — 3,380 Single family real estate 8,845 — — 245 9,090 Consumer 35 — — — 35 Total, net 871,228 2,660 10,532 245 884,665 Government guaranteed loans 4,960 — 573 — 5,533 Total $ 876,188 $ 2,660 $ 11,105 $ 245 $ 890,198 December 31, 2021 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 295,810 $ — $ 1,553 $ — $ 297,363 Commercial real estate: Commercial real estate 415,471 3,043 11,255 — 429,769 SBA 504 1st trust deed 14,646 — 2,315 — 16,961 Land 7,185 — — — 7,185 Construction 25,593 — — — 25,593 Commercial 50,372 26 2,265 — 52,663 SBA 1,891 — 114 — 2,005 HELOC 3,579 — — — 3,579 Single family real estate 8,487 — 262 — 8,749 Consumer 109 — — — 109 Total, net 823,143 3,069 17,764 $ — 843,976 Government guaranteed loans 23,610 — 1,961 — 25,571 Total $ 846,753 $ 3,069 $ 19,725 $ — $ 869,547

OTHER ASSETS ACQUIRED THROUGH_2

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Tables)	6 Months Ended
	Jun. 30, 2022
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Other Assets Acquired through Foreclosure	The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in thousands) Balance, beginning of period $ 2,389 $ 2,572 $ 2,518 $ 2,614 Additions — — — 136 Proceeds from dispositions (232 ) — (372 ) — (Loss) gain on sales, net 93 — 104 (178 ) Third-party portion of write down/loss — — — — Balance, end of period $ 2,250 $ 2,572 $ 2,250 $ 2,572

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Jun. 30, 2022
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 June 30 2022 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 $ 196 $ — $ — $ 196 Investment securities available-for-sale U.S. government agency notes — 5,030 — 5,030 U.S. government agency collateralized mortgage obligations — 4,182 — 4,182 U.S. Treasury securities — 39,739 — 39,739 Corporate debt securities — 8,730 — 8,730 Interest only strips — — 12 12 Servicing assets — — 1,601 1,601 Total $ 196 $ 57,681 $ 1,613 $ 59,490 Fair Value Measurements at the End of the Reporting Period Using: December 31, 2021 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 $ 248 $ — $ — $ 248 Investment securities available-for-sale U.S. government agency note — 5,508 — 5,508 U.S. government agency collateralized mortgage obligations — 4,883 — 4,883 Corporate debt securities — 9,320 — 9,320 Interest only strips — — 15 15 Servicing assets — — 1,600 1,600 Total $ 248 $ 19,711 $ 1,615 $ 21,574
Change in Level 3 Assets Measured at Fair Value on a Recurring Basis	The change in Level 3 assets measured at fair value on a recurring basis included in income was as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Servicing Assets: (in thousands) Balance, beginning of period $ 1,565 1,485 $ 1,600 $ 1,461 Additions 136 241 196 359 Amortization (100 ) (126 ) (195 ) (205 ) Valuation adjustments — — — (15 ) Balance, end of period $ 1,601 1,600 $ 1,601 $ 1,600
Fair Value Measurements of Assets Measured on a Non-recurring Basis	The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using: Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) June 30 2022 Impaired loans $ 2,070 $ — $ 2,070 $ — Foreclosed real estate and repossessed assets 2,250 — 2,250 — Total $ 4,320 $ — $ 4,320 $ — 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, 2021 Impaired loans $ 3,785 $ — $ 3,785 $ — Loans held for sale 23,408 — 23,408 — Foreclosed real estate and repossessed assets 2,518 — 2,518 — Total $ 29,711 $ — $ 29,711 $ —
Estimated Fair Values and Carrying Values of Financial Instruments	The estimated fair value of the Company’s financial instruments are as follows: June 30, 2022 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 102,276 $ 102,276 $ — $ — $ 102,276 FRB and FHLB stock 4,533 — 4,533 — 4,533 Investment securities 60,513 196 60,274 — 60,470 Loans, net 901,806 — 891,643 2,070 893,713 Accrued interest receivable 5,470 — 5,470 — 5,470 Financial liabilities: Deposits 894,664 — 893,384 — 893,384 FHLB advances 90,000 — 84,558 — 84,558 Accrued interest payable 37 — 37 — 37 December 31, 2021 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 208,375 $ 208,375 $ — $ — $ 208,375 FRB and FHLB stock 4,441 — 4,441 — 4,441 Investment securities 22,773 248 22,685 — 22,933 Loans, net 881,679 — 870,868 5,452 876,320 Accrued interest receivable 5,841 — 5,841 — 5,841 Financial liabilities: Deposits 950,131 — 948,648 — 948,648 FHLB advances 90,000 — 88,409 — 88,409 Accrued interest payable 58 — 58 — 58

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2022
STOCKHOLDERS' EQUITY [Abstract]
Changes in Other Comprehensive Income (Loss) by Component, Net of Tax	The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (158 ) $ (10 ) $ 92 $ 35 Other comprehensive (loss) income before reclassifications (289 ) 160 (539 ) 115 Amounts reclassified from accumulated other comprehensive income — — — — Net current-period other comprehensive (loss) income (289 ) 160 (539 ) 115 Ending Balance $ (447 ) $ 150 $ (447 ) $ 150

CAPITAL REQUIREMENT (Tables)

CAPITAL REQUIREMENT (Tables)	6 Months Ended
	Jun. 30, 2022
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 June 30, 2022 and December 31, 2021. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) June 30 2022 CWB’s actual regulatory ratios 12.23 % 11.07 % 11.07 % 9.30 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) December 31 2021 CWB’s actual regulatory ratios 12.19 % 11.02 % 11.02 % 8.56 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	6 Months Ended
	Jun. 30, 2022
REVENUE RECOGNITION [Abstract]
Non-Interest Income	The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 68 $ 58 $ 138 $ 111 Exchange fees and other service charges 132 118 250 221 Non-interest income (in-scope of ASC 606) 200 176 388 332 Non-interest income (out-of-scope of ASC 606) 851 696 1,954 1,437 Total $ 1,051 $ 872 $ 2,342 $ 1,769

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2022
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 Six Months Ended June 30, 2022 2021 Lease cost: (in thousands) Operating lease cost $ 503 $ 1,018 Sublease income — — Total lease cost $ 503 $ 1,018 Other information: Operating cash flows from operating leases $ 499 $ 990 Weighted average remaining lease term - operating leases 7.41 years 8.45 years Weighted average discount rate - operating leases 3.25 % 3.24 %
Future Minimum Operating Lease Payments	Future minimum operating lease payments: June 30, 2022 2021 (in thousands) 2021 $ — $ 496 2022 504 887 2023 1,013 813 2024 1,026 821 2025 976 768 2026 876 664 Thereafter 2,011 1,922 Total future minimum lease payments $ 6,406 $ 6,371 Less remaining imputed interest 729 820 Total lease liabilities $ 5,677 $ 5,551

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	6 Months Ended
	Jun. 30, 2022 Payment Category
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
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	4
Number of categories considered to be acceptable loans	3
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	Jun. 30, 2022	Dec. 31, 2021
Securities available-for-sale [Abstract]
Amortized cost	$ 58,323	$ 19,588
Gross unrealized gains	56	165
Gross unrealized (losses)	(698)	(42)
Fair value	57,681	19,711
U.S. Government Agency Notes [Member]
Securities available-for-sale [Abstract]
Amortized cost	4,978	5,476
Gross unrealized gains	52	32
Gross unrealized (losses)	0	0
Fair value	5,030	5,508
U.S. Government Agency Collateralized Mortgage Obligations ("CMO") [Member]
Securities available-for-sale [Abstract]
Amortized cost	4,219	4,862
Gross unrealized gains	4	31
Gross unrealized (losses)	(41)	(10)
Fair value	4,182	4,883
U.S. Treasury Securities [Member]
Securities available-for-sale [Abstract]
Amortized cost	39,876
Gross unrealized gains	0
Gross unrealized (losses)	(137)
Fair value	39,739
Corporate Debt Securities [Member]
Securities available-for-sale [Abstract]
Amortized cost	9,250	9,250
Gross unrealized gains	0	102
Gross unrealized (losses)	(520)	(32)
Fair value	$ 8,730	$ 9,320

INVESTMENT SECURITIES, Securi_2

INVESTMENT SECURITIES, Securities Held-to-Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Securities held-to-maturity [Abstract]
Amortized cost	$ 2,636	$ 2,815
Gross unrealized gains	14	159
Gross unrealized (losses)	(57)	0
Fair value	2,593	2,974
U.S. Government Agency Mortgage-Backed Securities ("MBS") [Member]
Securities held-to-maturity [Abstract]
Amortized cost	2,636	2,815
Gross unrealized gains	14	159
Gross unrealized (losses)	(57)	0
Fair value	$ 2,593	$ 2,974

INVESTMENT SECURITIES, Securi_3

INVESTMENT SECURITIES, Securities Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Securities measured at fair value [Abstract]
Amortized cost	$ 66	$ 66
Gross unrealized gains	130	182
Gross unrealized (losses)	0	0
Fair value	196	248
Equity Securities: Farmer Mac Class A Stock [Member]
Securities measured at fair value [Abstract]
Amortized cost	66	66
Gross unrealized gains	130	182
Gross unrealized losses	0	0
Fair value	$ 196	$ 248

INVESTMENT SECURITIES, Securi_4

INVESTMENT SECURITIES, Securities Pledged as Collateral (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
INVESTMENT SECURITIES [Abstract]
Securities pledged as collateral to the Federal Home Loan Bank ("FHLB")	$ 51.6	$ 13.2

INVESTMENT SECURITIES, Maturity

INVESTMENT SECURITIES, Maturity Periods and Weighted Average Yields (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 39,739	$ 0
Less than one year, yield	1.61%	0%
One to five years, amount	$ 0	$ 13,886
One to five years, yield	0%	2.70%
Five to ten years, amount	$ 9,282	$ 5,825
Five to ten years, yield	3.57%	1.20%
Over ten years, amount	$ 8,660	$ 0
Over ten years, yield	1.76%	0%
Total amount	$ 57,681	$ 19,711
Total yield	1.95%	2.20%
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%	0%
One to five years, amount	$ 0	$ 2,065
One to five years, yield	0%	2.90%
Five to ten years, amount	$ 753	$ 750
Five to ten years, yield	3.60%	3.58%
Over ten years, amount	$ 1,883	$ 0
Over ten years, yield	3.20%	0%
Total amount	$ 2,636	$ 2,815
Total yield	3.32%	3.10%
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%	0%
One to five years, amount	$ 0	$ 661
One to five years, yield	0%	0.59%
Five to ten years, amount	$ 552	$ 4,847
Five to ten years, yield	0.85%	1.30%
Over ten years, amount	$ 4,478	$ 0
Over ten years, yield	1.64%	0%
Total amount	$ 5,030	$ 5,508
Total yield	1.55%	1.16%
U.S. Government Agency CMO [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 0	$ 0
Less than one year, yield	0%	0%
One to five years, amount	$ 0	$ 3,905
One to five years, yield	0%	0.50%
Five to ten years, amount	$ 0	$ 978
Five to ten years, yield	0%	0.83%
Over ten years, amount	$ 4,182	$ 0
Over ten years, yield	1.89%	0%
Total amount	$ 4,182	$ 4,883
Total yield	1.89%	0.60%
U.S. Treasury Securities [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 39,739
Less than one year, yield	1.61%
One to five years, amount	$ 0
One to five years, yield	0%
Five to ten years, amount	$ 0
Five to ten years, yield	0%
Over ten years, amount	$ 0
Over ten years, yield	0%
Total amount	$ 39,739
Total yield	1.61%
Corporate Debt 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%	0%
One to five years, amount	$ 0	$ 9,320
One to five years, yield	0%	3.70%
Five to ten years, amount	$ 8,730	$ 0
Five to ten years, yield	3.74%	0%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0%	0%
Total amount	$ 8,730	$ 9,320
Total yield	3.74%	3.70%
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%	0%
One to five years, amount	$ 0	$ 2,065
One to five years, yield	0%	2.90%
Five to ten years, amount	$ 753	$ 750
Five to ten years, yield	3.60%	3.58%
Over ten years, amount	$ 1,883	$ 0
Over ten years, yield	3.20%	0%
Total amount	$ 2,636	$ 2,815
Total yield	3.32%	3.10%

INVESTMENT SECURITIES, Investme

INVESTMENT SECURITIES, Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Securities available-for-sale, Amortized Cost [Abstract]
Due in one year or less	$ 39,876	$ 0
After one year through five years	0	13,786
After five years through ten years	9,795	5,802
After ten years	8,652	0
Amortized cost	58,323	19,588
Securities available for sale, Estimated Fair Value [Abstract]
Due in one year or less	39,739	0
After one year through five years	0	13,886
After five years through ten years	9,282	5,825
After ten years	8,660	0
Estimated fair value	57,681	19,711
Securities held to maturity, Amortized Cost [Abstract]
Due in one year or less	0	0
After one year through five years	0	2,065
After five years through ten years	753	750
After ten years	1,883	0
Amortized cost	2,636	2,815
Securities held to maturity, Estimated Fair Value [Abstract]
Due in one year or less	0	0
After one year through five years	0	2,137
After five years through ten years	745	837
After ten years	1,848	0
Estimated fair value	$ 2,593	$ 2,974

INVESTMENT SECURITIES, Unrealiz

INVESTMENT SECURITIES, Unrealized Loss Positions (Details) $ in Thousands	Jun. 30, 2022 USD ($) Security	Dec. 31, 2021 USD ($) Security
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ (683)	$ (32)
More than twelve months, gross unrealized losses	(15)	(10)
Total, gross unrealized losses	(698)	(42)
Less than twelve months, fair value	51,208	2,968
More than twelve months, fair value	652	977
Total, fair value	51,860	$ 3,945
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	(57)
More than twelve months, gross unrealized losses	0
Total, gross unrealized losses	(57)
Less than twelve months, fair value	911
More than twelve months, fair value	0
Total, fair value	$ 911
Securities in unrealized loss positions | Security	34	4
U.S. Government Agency CMO [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ (26)	$ 0
More than twelve months, gross unrealized losses	(15)	(10)
Total, gross unrealized losses	(41)	(10)
Less than twelve months, fair value	2,739	0
More than twelve months, fair value	652	977
Total, fair value	3,391	977
U.S. Treasury Securities [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	(137)
More than twelve months, gross unrealized losses	0
Total, gross unrealized losses	(137)
Less than twelve months, fair value	39,739
More than twelve months, fair value	0
Total, fair value	39,739
Corporate Debt Securities [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	(520)	(32)
More than twelve months, gross unrealized losses	0	0
Total, gross unrealized losses	(520)	(32)
Less than twelve months, fair value	8,730	2,968
More than twelve months, fair value	0	0
Total, fair value	8,730	$ 2,968
U.S. Government Agency MBS [Member]
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	(57)
More than twelve months, gross unrealized losses	0
Total, gross unrealized losses	(57)
Less than twelve months, fair value	911
More than twelve months, fair value	0
Total, fair value	$ 911

LOANS HELD FOR SALE (Details)

LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Loans Held for Sale [Abstract]
Loans included in loans held for sale	$ 23,124	$ 23,408
SBA [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	6,100	6,300
Principal balance of loan serviced	2,400	2,700
US Department of Agriculture [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	17,000	17,100
Principal balance of loan serviced	$ 700	$ 700

LOANS HELD FOR INVESTMENT, Comp

LOANS HELD FOR INVESTMENT, Composition of Loans Held for Investment Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Loans held for investment [Abstract]
Loans held for investment, gross	$ 890,198		$ 869,547
Deferred fees, net	(703)		(838)
Allowance for loan losses	(10,866)	$ (10,547)	(10,404)	$ (10,240)	$ (10,233)	$ (10,194)
Discount on SBA loans	(32)		(34)
Other loans in process	85		0
Total loans held for investment, net	878,682		858,271
Manufactured Housing [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	305,749		297,363
Allowance for loan losses	(3,976)	(3,758)	(2,606)	(2,630)	(2,623)	(2,612)
Commercial Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	516,514		480,801
Allowance for loan losses	(6,120)	(6,046)	(6,729)	(6,328)	(6,220)	(5,950)
Commercial [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	50,645		55,287
Allowance for loan losses	(594)	(580)	(923)	(1,020)	(1,108)	(1,379)
SBA [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	4,785		23,659
Allowance for loan losses	(23)	(22)	(22)	(114)	(130)	(118)
HELOC [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	3,380		3,579
Allowance for loan losses	(37)	(35)	(18)	(25)	(25)	(25)
Single Family Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	9,090		8,749
Allowance for loan losses	(115)	(105)	(105)	(122)	(126)	(108)
Consumer [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	35		109
Allowance for loan losses	$ (1)	$ (1)	$ (1)	$ (1)	$ (1)	$ (2)

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financing Receivables Past Due (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Aging of loans held for investment [Abstract]
Total loans held for investment	$ 890,198		$ 890,198		$ 869,547
Nonaccrual	379		379		565
Recorded investment over 90 days and accruing	0		$ 0		0
Period past due after which accrual of interest is discontinued			90 days
Foregone interest on nonaccrual and troubled debt restructured loans	10	$ 35	$ 23	$ 91
Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	887,085		887,085		868,278
Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	2,734		2,734		704
30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	2,556		2,556		565
60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	71		71		139
Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	107		107		0
Manufactured Housing [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	305,749		305,749		297,363
Nonaccrual	138		138		306
Recorded investment over 90 days and accruing	0		0		0
Manufactured Housing [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	304,288		304,288		296,715
Manufactured Housing [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	1,323		1,323		342
Manufactured Housing [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	1,145		1,145		342
Manufactured Housing [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	71		71		0
Manufactured Housing [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	107		107		0
Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	516,514		516,514		480,801
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	450,545		450,545		431,062
Nonaccrual	0		0		0
Recorded investment over 90 days and accruing	0		0		0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	449,360		449,360		431,062
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	1,185		1,185		0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	1,185		1,185		0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	13,273		13,273		16,961
Nonaccrual	0		0		0
Recorded investment over 90 days and accruing	0		0		0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	13,273		13,273		16,961
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		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 loans held for investment	0		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 loans held for investment	0		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 loans held for investment	0		0		0
Commercial Real Estate [Member] | Land [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	10,720		10,720		7,185
Nonaccrual	0		0		0
Recorded investment over 90 days and accruing	0		0		0
Commercial Real Estate [Member] | Land [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	10,720		10,720		7,185
Commercial Real Estate [Member] | Land [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Land [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Land [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Land [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Construction [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	41,976		41,976		25,593
Nonaccrual	0		0		0
Recorded investment over 90 days and accruing	0		0		0
Commercial Real Estate [Member] | Construction [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	41,976		41,976		25,593
Commercial Real Estate [Member] | Construction [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Construction [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Construction [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial Real Estate [Member] | Construction [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	50,645		50,645		55,287
Nonaccrual	0		0		0
Recorded investment over 90 days and accruing	0		0		0
Commercial [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	50,645		50,645		55,287
Commercial [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Commercial [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
SBA [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	4,785		4,785		23,659
Nonaccrual	0		0		1
Recorded investment over 90 days and accruing	0		0		0
SBA [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	4,559		4,559		23,296
SBA [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	226		226		362
SBA [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	226		226		223
SBA [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		139
SBA [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
HELOC [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	3,380		3,380		3,579
Nonaccrual	0		0		0
Recorded investment over 90 days and accruing	0		0		0
HELOC [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	3,380		3,380		3,579
HELOC [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
HELOC [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
HELOC [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
HELOC [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Single Family Real Estate [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	9,090		9,090		8,749
Nonaccrual	241		241		258
Recorded investment over 90 days and accruing	0		0		0
Single Family Real Estate [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	8,849		8,849		8,491
Single Family Real Estate [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Single Family Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Single Family Real Estate [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Single Family Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Consumer [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	35		35		109
Nonaccrual	0		0		0
Recorded investment over 90 days and accruing	0		0		0
Consumer [Member] | Current [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	35		35		109
Consumer [Member] | Total Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Consumer [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Consumer [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	0		0		0
Consumer [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	$ 0		$ 0		$ 0

LOANS HELD FOR INVESTMENT, Allo

LOANS HELD FOR INVESTMENT, Allowance for Credit Losses by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Summary of allowance for loan losses [Roll Forward]
Beginning balance	$ 10,547	$ 10,233	$ 10,404	$ 10,194
Charge-offs	0	0	0	0
Recoveries	67	48	494	260
Net recoveries	67	48	494	260
Provision (credit)	252	(41)	(32)	(214)
Ending balance	10,866	10,240	10,866	10,240
Reserve for credit losses on undisbursed loans	94		94		$ 94
Manufactured Housing [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	3,758	2,623	2,606	2,612
Charge-offs	0	0	0	0
Recoveries	28	12	35	151
Net recoveries	28	12	35	151
Provision (credit)	190	(5)	1,335	(133)
Ending balance	3,976	2,630	3,976	2,630
Commercial Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	6,046	6,220	6,729	5,950
Charge-offs	0	0	0	0
Recoveries	21	20	40	40
Net recoveries	21	20	40	40
Provision (credit)	53	88	(649)	338
Ending balance	6,120	6,328	6,120	6,328
Commercial [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	580	1,108	923	1,379
Charge-offs	0	0	0	0
Recoveries	3	10	170	20
Net recoveries	3	10	170	20
Provision (credit)	11	(98)	(499)	(379)
Ending balance	594	1,020	594	1,020
SBA [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	22	130	22	118
Charge-offs	0	0	0	0
Recoveries	11	4	242	45
Net recoveries	11	4	242	45
Provision (credit)	(10)	(20)	(241)	(49)
Ending balance	23	114	23	114
HELOC [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	35	25	18	25
Charge-offs	0	0	0	0
Recoveries	4	1	6	3
Net recoveries	4	1	6	3
Provision (credit)	(2)	(1)	13	(3)
Ending balance	37	25	37	25
Single Family Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	105	126	105	108
Charge-offs	0	0	0	0
Recoveries	0	1	0	1
Net recoveries	0	1	0	1
Provision (credit)	10	(5)	10	13
Ending balance	115	122	115	122
Consumer [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	1	1	1	2
Charge-offs	0	0	0	0
Recoveries	0	0	1	0
Net recoveries	0	0	1	0
Provision (credit)	0	0	(1)	(1)
Ending balance	$ 1	$ 1	$ 1	$ 1

LOANS HELD FOR INVESTMENT, Impa

LOANS HELD FOR INVESTMENT, Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	$ 3,974		$ 4,487
Impaired loans with no allowance recorded	2,781		4,749
Total loans individually evaluated for impairment	6,755		9,236
Loans collectively evaluated for impairment	883,443		860,311
Total loans held for investment	890,198		869,547
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	3,974		4,745
Impaired loans with no allowance recorded	2,781		4,491
Total loans individually evaluated for impairment	6,755		9,236
Loans collectively evaluated for impairment	883,443		860,311
Total loans held for investment	890,198		869,547
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	212		240
Loans collectively evaluated for impairment	10,654		10,164
Total loans held for investment	10,866	$ 10,547	10,404	$ 10,240	$ 10,233	$ 10,194
Loans Guaranteed by Government Agencies [Member]
Related Allowance for Credit Losses [Abstract]
Impaired loans	0		300
Manufactured Housing [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	3,226		3,563
Impaired loans with no allowance recorded	1,097		1,358
Total loans individually evaluated for impairment	4,323		4,921
Loans collectively evaluated for impairment	301,426		292,442
Total loans held for investment	305,749		297,363
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	3,226		3,563
Impaired loans with no allowance recorded	1,097		1,358
Total loans individually evaluated for impairment	4,323		4,921
Loans collectively evaluated for impairment	301,426		292,442
Total loans held for investment	305,749		297,363
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	183		210
Loans collectively evaluated for impairment	3,793		2,396
Total loans held for investment	3,976	3,758	2,606	2,630	2,623	2,612
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	215		220
Impaired loans with no allowance recorded	0		1,402
Total loans individually evaluated for impairment	215		1,622
Loans collectively evaluated for impairment	516,299		479,179
Total loans held for investment	516,514		480,801
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	215		220
Impaired loans with no allowance recorded	0		1,402
Total loans individually evaluated for impairment	215		1,622
Loans collectively evaluated for impairment	516,299		479,179
Total loans held for investment	516,514		480,801
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	17		17
Loans collectively evaluated for impairment	6,103		6,712
Total loans held for investment	6,120	6,046	6,729	6,328	6,220	5,950
Commercial [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	76		85
Impaired loans with no allowance recorded	1,388		1,505
Total loans individually evaluated for impairment	1,464		1,590
Loans collectively evaluated for impairment	49,181		53,697
Total loans held for investment	50,645		55,287
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	76		85
Impaired loans with no allowance recorded	1,388		1,505
Total loans individually evaluated for impairment	1,464		1,590
Loans collectively evaluated for impairment	49,181		53,697
Total loans held for investment	50,645		55,287
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	1		0
Loans collectively evaluated for impairment	593		923
Total loans held for investment	594	580	923	1,020	1,108	1,379
SBA [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	45		194
Impaired loans with no allowance recorded	55		226
Total loans individually evaluated for impairment	100		420
Loans collectively evaluated for impairment	4,685		23,239
Total loans held for investment	4,785		23,659
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	45		194
Impaired loans with no allowance recorded	55		226
Total loans individually evaluated for impairment	100		420
Loans collectively evaluated for impairment	4,685		23,239
Total loans held for investment	4,785		23,659
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	1		1
Loans collectively evaluated for impairment	22		21
Total loans held for investment	23	22	22	114	130	118
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	3,380		3,579
Total loans held for investment	3,380		3,579
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	3,380		3,579
Total loans held for investment	3,380		3,579
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	0		0
Loans collectively evaluated for impairment	37		18
Total loans held for investment	37	35	18	25	25	25
Single Family Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	412		425
Impaired loans with no allowance recorded	241		258
Total loans individually evaluated for impairment	653		683
Loans collectively evaluated for impairment	8,437		8,066
Total loans held for investment	9,090		8,749
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	412		683
Impaired loans with no allowance recorded	241		0
Total loans individually evaluated for impairment	653		683
Loans collectively evaluated for impairment	8,437		8,066
Total loans held for investment	9,090		8,749
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	10		12
Loans collectively evaluated for impairment	105		93
Total loans held for investment	115	105	105	122	126	108
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	35		109
Total loans held for investment	35		109
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	35		109
Total loans held for investment	35		109
Related Allowance for Credit Losses [Abstract]
Loans individually evaluated for impairment	0		0
Loans collectively evaluated for impairment	1		1
Total loans held for investment	$ 1	$ 1	$ 1	$ 1	$ 1	$ 2

LOANS HELD FOR INVESTMENT, Aver

LOANS HELD FOR INVESTMENT, Average Investment in Impaired Loans by Class (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	$ 6,902	$ 11,778	$ 7,683	$ 11,993
Interest income	134	159	258	369
Manufactured Housing [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	4,441	5,648	4,655	5,985
Interest income	88	69	173	182
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	0	0	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	215	1,627	680	1,647
Interest income	4	6	8	44
Commercial Real Estate [Member] | Land [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	0	0	0	0
Commercial Real Estate [Member] | Construction [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	0	0	0	0
Commercial [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	1,487	1,744	1,522	1,661
Interest income	21	27	42	54
SBA [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	100	407	204	367
Interest income	6	4	12	8
HELOC [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	0	0	0	0
Single Family Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	659	2,352	622	2,333
Interest income	15	53	23	81
Consumer [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	$ 0	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Gros

LOANS HELD FOR INVESTMENT, Gross Loans by Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 884,665	$ 843,976
Total loans held for investment	890,198	869,547
Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	871,228	823,143
Total loans held for investment	876,188	846,753
Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	2,660	3,069
Total loans held for investment	2,660	3,069
Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	10,532	17,764
Total loans held for investment	11,105	19,725
Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	245	0
Total loans held for investment	245	0
Government Guaranteed Loans [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	5,533	25,571
Government Guaranteed Loans [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	4,960	23,610
Government Guaranteed Loans [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Government Guaranteed Loans [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	573	1,961
Government Guaranteed Loans [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	305,749	297,363
Manufactured Housing [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	304,524	295,810
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	1,225	1,553
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	516,514	480,801
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	449,270	429,769
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	441,114	415,471
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,160	3,043
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	5,996	11,255
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	13,273	16,961
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	12,793	14,646
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	480	2,315
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	10,720	7,185
Commercial Real Estate [Member] | Land [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	10,720	7,185
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	41,976	25,593
Commercial Real Estate [Member] | Construction [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	41,976	25,593
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	0
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	49,307	52,663
Commercial [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	45,976	50,372
Commercial [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	500	26
Commercial [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,831	2,265
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	1,865	2,005
SBA [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	1,865	1,891
SBA [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
SBA [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	114
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	3,380	3,579
HELOC [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,380	3,579
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	9,090	8,749
Single Family Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	8,845	8,487
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	0	262
Single Family Real Estate [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	245	0
Consumer [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	35	109
Consumer [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	35	109
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 Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) Loan	Jun. 30, 2021 Loan	Jun. 30, 2022 USD ($) Loan	Jun. 30, 2021 Loan	Dec. 31, 2021 USD ($)
Troubled Debt Restructured Loans [Abstract]
Loans classified as TDRs | $	$ 6.6		$ 6.6		$ 8.6
Number of new TDRs | Loan	0	0	0	0

LOANS HELD FOR INVESTMENT, Tr_2

LOANS HELD FOR INVESTMENT, Trouble Debt Restructured Loans With Payment Defaults (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) Nonpayment	Jun. 30, 2021 USD ($)
LOANS HELD FOR INVESTMENT [Abstract]
Number of consecutive non-payments for a TDR loan to be deemed default | Nonpayment			2
Trouble debt restructurings with payment defaults | $	$ 0	$ 0	$ 0	$ 0

OTHER ASSETS ACQUIRED THROUGH_3

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Balance, beginning of period	$ 2,389	$ 2,572	$ 2,518	$ 2,614
Additions	0	0	0	136
Proceeds from dispositions	(232)	0	(372)	0
(Loss) gain on sales, net	93	0	104	(178)
Third-party portion of write down/loss	0	0	0	0
Balance, end of period	$ 2,250	$ 2,572	$ 2,250	$ 2,572

FAIR VALUE MEASUREMENT, Fair Va

FAIR VALUE MEASUREMENT, Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Assets [Abstract]
Investment securities measured at fair value	$ 196		$ 248
Investment securities available-for-sale	57,681		19,711
U.S. Government Agency Notes [Member]
Assets [Abstract]
Investment securities available-for-sale	5,030		5,508
U.S. Government Agency Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Investment securities available-for-sale	4,182		4,883
U.S. Treasury Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	39,739
Corporate Debt Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	8,730		9,320
Recurring [Member]
Assets [Abstract]
Investment securities measured at fair value	196		248
Interest only strips	12		15
Servicing assets	1,601		1,600
Total	59,490		21,574
Recurring [Member] | U.S. Government Agency Notes [Member]
Assets [Abstract]
Investment securities available-for-sale	5,030		5,508
Recurring [Member] | U.S. Government Agency Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Investment securities available-for-sale	4,182		4,883
Recurring [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	39,739
Recurring [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	8,730		9,320
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Investment securities measured at fair value	196		248
Interest only strips	0		0
Servicing assets	0		0
Total	196		248
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Government Agency Notes [Member]
Assets [Abstract]
Investment securities available-for-sale	0		0
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Government Agency Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Investment securities available-for-sale	0		0
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	0
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	0		0
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Investment securities measured at fair value	0		0
Interest only strips	0		0
Servicing assets	0		0
Total	57,681		19,711
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Government Agency Notes [Member]
Assets [Abstract]
Investment securities available-for-sale	5,030		5,508
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Government Agency Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Investment securities available-for-sale	4,182		4,883
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	39,739
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	8,730		9,320
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Investment securities measured at fair value	0		0
Interest only strips	12		15
Servicing assets	1,601	$ 1,565	1,600	$ 1,600	$ 1,485	$ 1,461
Total	1,613		1,615
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Government Agency Notes [Member]
Assets [Abstract]
Investment securities available-for-sale	0		0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Government Agency Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Investment securities available-for-sale	0		0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Treasury Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	0
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Investment securities available-for-sale	$ 0		$ 0

FAIR VALUE MEASUREMENT, Change

FAIR VALUE MEASUREMENT, Change in Level 3 Assets Measured at Fair Value on a Recurring Basis (Details) - Recurring [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Servicing Assets [Abstract]
Balance, beginning of period			$ 1,600
Balance, end of period	$ 1,601		1,601
Significant Unobservable Inputs (Level 3) [Member]
Servicing Assets [Abstract]
Balance, beginning of period	1,565	$ 1,485	1,600	$ 1,461
Additions	136	241	196	359
Amortization	(100)	(126)	(195)	(205)
Valuation adjustments	0	0	0	(15)
Balance, end of period	$ 1,601	$ 1,600	$ 1,601	$ 1,600

FAIR VALUE MEASUREMENT, Assets

FAIR VALUE MEASUREMENT, Assets Measured on Non-recurring Basis (Details) - Non-recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	$ 2,070	$ 3,785
Loans held for sale		23,408
Foreclosed real estate and repossessed assets	2,250	2,518
Total	4,320	29,711
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
Foreclosed real estate and repossessed assets	0	0
Total	0	0
Active Markets for Similar Assets (Level 2) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	2,070	3,785
Loans held for sale		23,408
Foreclosed real estate and repossessed assets	2,250	2,518
Total	4,320	29,711
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
Foreclosed real estate and repossessed assets	0	0
Total	$ 0	$ 0

FAIR VALUE MEASUREMENT, Fair _2

FAIR VALUE MEASUREMENT, Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 102,276	$ 208,375
FRB and FHLB stock	4,533	4,441
Investment securities	60,513	22,773
Loans, net	901,806	881,679
Accrued interest receivable	5,470	5,841
Financial liabilities [Abstract]
Deposits	894,664	950,131
FHLB advances	90,000	90,000
Accrued interest payable	37	58
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	102,276	208,375
FRB and FHLB stock	4,533	4,441
Investment securities	60,470	22,933
Loans, net	893,713	876,320
Accrued interest receivable	5,470	5,841
Financial liabilities [Abstract]
Deposits	893,384	948,648
FHLB advances	84,558	88,409
Accrued interest payable	37	58
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	102,276	208,375
FRB and FHLB stock	0	0
Investment securities	196	248
Loans, net	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
FHLB advances	0	0
Accrued interest payable	0	0
Fair Value [Member] | Level 2 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
FRB and FHLB stock	4,533	4,441
Investment securities	60,274	22,685
Loans, net	891,643	870,868
Accrued interest receivable	5,470	5,841
Financial liabilities [Abstract]
Deposits	893,384	948,648
FHLB advances	84,558	88,409
Accrued interest payable	37	58
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	2,070	5,452
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
FHLB advances	0	0
Accrued interest payable	$ 0	$ 0

BORROWINGS (Details)

BORROWINGS (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Borrowings [Abstract]
Securities pledged to FHLB	$ 51,600		$ 51,600		$ 13,200
Loans	890,198		890,198		869,547
Total FHLB interest expense	196	$ 194	390	$ 465
Federal funds borrowing lines at correspondent banks	20,000		20,000
Federal funds amount outstanding	0		0		0
Federal Home Loan Bank Advances [Member]
Borrowings [Abstract]
FHLB advances	90,000		90,000		90,000
Letter of credit with FHLB	46,000		46,000
Available for additional borrowing	40,300		40,300
Total FHLB interest expense	193	$ 269	384	$ 461
Federal Home Loan Bank Advances [Member] | Asset Pledged as Collateral [Member]
Borrowings [Abstract]
Securities pledged to FHLB	51,600		51,600		13,200
Loans	260,700		$ 260,700		286,600
Federal Reserve Bank Advances [Member]
Borrowings [Abstract]
Period for advances to be collateralized			28 days
Available borrowing capacity	99,900		$ 99,900		119,000
Outstanding balance	0		0		0
Federal Reserve Bank Advances [Member] | Asset Pledged as Collateral [Member]
Borrowings [Abstract]
Loans	263,100		263,100		259,500
Line of Credit [Member]
Borrowings [Abstract]
Maximum borrowing capacity	5,000		5,000
Required compensating deposit	$ 1,000		$ 1,000
Minimum debt service coverage ratio	1.65		1.65
Minimum Tier 1 leverage ratio	7%		7%
Minimum total risk-based capital ratio	10%		10%
Maximum net non-accrual ratio	3%		3%
Outstanding balance	$ 0		$ 0		$ 0
Line of Credit [Member] | Prime Rate [Member]
Borrowings [Abstract]
Basis spread on variable rate			0.25%

STOCKHOLDERS' EQUITY, Changes i

STOCKHOLDERS' EQUITY, Changes in Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	$ 104,828	$ 91,791	$ 101,375	$ 89,007
Net other comprehensive (loss) income	(289)	160	(539)	115
Balance	107,142	95,457	107,142	95,457
Unrealized Holding Gains (Losses) on AFS [Member]
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	(158)	(10)	92	35
Other comprehensive (loss) income before reclassifications	(289)	160	(539)	115
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Net other comprehensive (loss) income	(289)	160	(539)	115
Balance	$ (447)	$ 150	$ (447)	$ 150

STOCKHOLDERS' EQUITY, Common St

STOCKHOLDERS' EQUITY, Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Feb. 28, 2019
Common Stock [Abstract]
Common stock dividend declared	$ 700	$ 600	$ 1,300	$ 1,100
Common stock dividend paid	$ 700	$ 600	$ 1,260	$ 1,108
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		350,189
Common stock shares repurchased to date, value	$ 3,000		$ 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		0

CAPITAL REQUIREMENT (Details)

CAPITAL REQUIREMENT (Details)	Jun. 30, 2022	Dec. 31, 2021
Regulatory Ratios [Abstract]
Total capital ratio, minimum capital ratios	0.0800	0.0800
Total capital ratio, well-capitalized ratios	0.1000	0.1000
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
Common Equity Tier 1 ratio, minimum capital ratios	0.0450	0.0450
Common Equity Tier 1 ratio, well-capitalized ratios	0.0650	0.0650
Tier 1 leverage ratio, minimum capital ratios	0.0400	0.0400
CWB [Member]
Regulatory Ratios [Abstract]
Total capital ratio	0.1223	0.1219
Tier 1 risk-based capital ratio	0.1107	0.1102
Common Equity Tier 1 ratio	0.1107	0.1102
Tier 1 leverage ratio	0.0930	0.0856

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Noninterest Income [Abstract]
Non-interest income (in-scope of ASC 606)	$ 200	$ 176	$ 388	$ 332
Non-interest income (out-of-scope of ASC 606)	851	696	1,954	1,437
Total non-interest income	1,051	872	2,342	1,769
Service Charges on Deposit Accounts [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of ASC 606)	68	58	138	111
Exchange Fees and Other Service Charges [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of ASC 606)	$ 132	$ 118	$ 250	$ 221

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Operating leases [Abstract]
Operating lease, right-of-use assets	$ 5,600		$ 5,100
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets		Other Assets
Lease cost [Abstract]
Operating lease cost	$ 503	$ 1,018
Sublease income	0	0
Total lease cost	503	1,018
Other information [Abstract]
Operating cash flows from operating leases	$ 499	$ 990
Weighted average remaining lease term - operating leases	7 years 4 months 28 days	8 years 5 months 12 days
Weighted average discount rate - operating leases	3.25%	3.24%
Future minimum operating lease payments [Abstract]
2022/2021	$ 504	$ 496
2023/2022	1,013	887
2024/2023	1,026	813
2025/2024	976	821
2026/2025	876	768
2026		664
Thereafter	2,011
Thereafter		1,922
Total future minimum lease payments	6,406	6,371
Less remaining imputed interest	729	820
Total lease liabilities	$ 5,677	$ 5,551	$ 5,100
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other Liabilities	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