Patriot National Bancorp (PNBK) 10-K 29 Mar 23 2022 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Mar. 29, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	000-29599
Entity Registrant Name	PATRIOT NATIONAL BANCORP INC
Entity Incorporation, State or Country Code	CT
Entity Tax Identification Number	06-1559137
Entity Address, Address Line One	900 Bedford Street
Entity Address, City or Town	Stamford
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06901
City Area Code	203
Local Phone Number	252-5900
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	PNBK
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 46
Entity Common Stock, Shares Outstanding		3,965,186
Entity Central Index Key	0001098146
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Auditor Information [Abstract]
Auditor Firm ID	49
Auditor Name	RSM US LLP
Auditor Location	Hartford, Connecticut

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Cash and due from banks:
Noninterest bearing deposits and cash	$ 5,182	$ 3,264
Interest bearing deposits	33,311	43,781
Total cash and cash equivalents	38,493	47,045
Investment securities:
Available-for-sale securities, at fair value	84,520	94,341
Other investments, at cost	4,450	4,450
Total investment securities	88,970	98,791
Federal Reserve Bank stock, at cost	2,627	2,843
Federal Home Loan Bank stock, at cost	3,874	4,184
Loans receivable (net of allowance for loan and lease losses: 2022: $10,310 and 2021: $9,905)	838,006	729,583
Loans held for sale	5,211	3,129
Accrued interest and dividends receivable	7,267	5,822
Premises and equipment, net	30,641	31,500
Deferred tax asset	15,527	12,146
Goodwill	1,107	1,107
Core deposit intangible, net	249	296
Other assets	11,387	12,035
Total assets	1,043,359	948,481
Deposits:
Noninterest bearing deposits	269,636	226,713
Interest bearing deposits	590,810	521,849
Total deposits	860,446	748,562
Federal Home Loan Bank and correspondent bank borrowings	85,000	90,000
Senior notes, net	11,640	12,000
Subordinated debt, net	9,840	9,811
Junior subordinated debt owed to unconsolidated trust, net	8,128	8,119
Note payable	585	791
Advances from borrowers for taxes and insurance	886	1,101
Accrued expenses and other liabilities	7,251	10,753
Total liabilities	983,776	881,137
Commitments and Contingencies
Shareholders' equity
Preferred stock, no par value; 1,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $.01 par value, 100,000,000 shares authorized; As of December 31, 2022: 4,038,927 shares issued; 3,965,186 shares outstanding; As of December 31, 2021: 4,030,233 shares issued; 3,956,492 shares outstanding;	106,565	106,479
Accumulated deficit	(31,337)	(37,498)
Accumulated other comprehensive loss	(15,645)	(1,637)
Total shareholders' equity	59,583	67,344
Total liabilities and shareholders' equity	$ 1,043,359	$ 948,481

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for credit loss	$ 10,310	$ 9,905
Preferred stock, par value (usd per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	4,038,927	4,030,233
Common stock, shares outstanding (in shares)	3,965,186	3,956,492

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest and Dividend Income
Interest and fees on loans	$ 40,823	$ 30,115	$ 35,835
Interest on investment securities	2,307	1,924	1,460
Dividends on investment securities	384	223	399
Other interest income	498	89	209
Total interest and dividend income	44,012	32,351	37,903
Interest Expense
Interest on deposits	5,300	2,243	9,154
Interest on Federal Home Loan Bank borrowings	3,475	2,986	2,671
Interest on senior debt	866	913	915
Interest on subordinated debt	1,066	933	991
Interest on note payable and other	46	15	19
Total interest expense	10,753	7,090	13,750
Net interest income	33,259	25,261	24,153
Provision (credit) for loan losses	1,885	(500)	2,170
Net interest income after provision (credit) for loan losses	31,374	25,761	21,983
Non-interest Income
Loan application, inspection and processing fees	386	257	223
Deposit fees and service charges	256	251	321
Gains on sales of loans	1,461	1,886	566
Rental income	566	543	523
Gain on sale of investment securities	0	76	0
Other income	936	1,410	346
Total non-interest income	3,605	4,423	1,979
Non-interest Expense
Salaries and benefits	15,506	11,089	14,323
Occupancy and equipment expense	3,428	3,430	3,513
Data processing expense	1,185	1,451	1,571
Professional and other outside services	2,664	3,155	2,828
Project expenses, net	133	1,882	818
Advertising and promotional expense	232	235	454
Loan administration and processing expense	234	134	174
Regulatory assessments	817	907	1,477
Insurance expense, net	271	280	285
Communications, stationary and supplies	616	604	476
Other operating expense	2,136	2,004	2,199
Total non-interest expense	27,222	25,171	28,118
Income (loss) before income taxes	7,757	5,013	(4,156)
Provision (benefit) for income taxes	1,596	(81)	(337)
Net income (loss)	$ 6,161	$ 5,094	$ (3,819)
Basic earnings (loss) per share (usd per share)	$ 1.56	$ 1.29	$ (0.97)
Diluted earnings (loss) per share (usd per share)	$ 1.55	$ 1.29	$ (0.97)

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 6,161	$ 5,094	$ (3,819)
Other comprehensive (loss) income
Unrealized holding loss on securities	(18,879)	(1,432)	(155)
Income tax effect	4,871	369	40
Reclassification for realized gain on sale of investment securities	0	(76)	0
Income tax effect	0	20	0
Total, available for sale securities	(14,008)	(1,119)	(115)
Derivative instruments:
Unrealized holding gain on cash flow hedge	0	149	0
Income tax effect	0	(39)	0
Reclassification adjustment for net gain included in net income	0	(149)	0
Income tax effect	0	39	0
Total, derivative instruments	0	0	0
Total other comprehensive loss	(14,008)	(1,119)	(115)
Comprehensive (loss) income	$ (7,847)	$ 3,975	$ (3,934)

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Common Stock	Accumulated Deficit	Accumulated Other Comprehensive (Loss) Income
Balance (in shares) at Dec. 31, 2019		3,930,669
Balance at Dec. 31, 2019	$ 66,994	$ 106,170	$ (38,773)	$ (403)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(3,819)		(3,819)
Unrealized holding loss on available-for-sale securities, net of tax	(115)			(115)
Comprehensive (loss) income	(3,934)		(3,819)	(115)
Share-based compensation expense	159	$ 159
Vesting of restricted stock (in shares)		12,903
Balance (in shares) at Dec. 31, 2020		3,943,572
Balance at Dec. 31, 2020	63,219	$ 106,329	(42,592)	(518)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	5,094		5,094
Unrealized holding loss on available-for-sale securities, net of tax	(1,119)			(1,119)
Comprehensive (loss) income	3,975		5,094	(1,119)
Share-based compensation expense	$ 150	$ 150
Vesting of restricted stock (in shares)		12,920
Balance (in shares) at Dec. 31, 2021	3,956,492	3,956,492
Balance at Dec. 31, 2021	$ 67,344	$ 106,479	(37,498)	(1,637)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	6,161		6,161
Unrealized holding loss on available-for-sale securities, net of tax	(14,008)			(14,008)
Comprehensive (loss) income	(7,847)		6,161	(14,008)
Share-based compensation expense	$ 86	$ 86
Vesting of restricted stock (in shares)		8,694
Balance (in shares) at Dec. 31, 2022	3,965,186	3,965,186
Balance at Dec. 31, 2022	$ 59,583	$ 106,565	$ (31,337)	$ (15,645)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash Flows from Operating Activities:
Net income (loss)	$ 6,161	$ 5,094	$ (3,819)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Amortization and accretion of investment premiums and discounts, net	(51)	267	269
Amortization and accretion of purchase loan premiums and discounts, net	2,722	2,087	816
Amortization of debt issuance costs	38	111	112
Amortization of core deposit intangible	47	47	74
Amortization of servicing assets of sold SBA loans	98	67	22
Impairment of intangible assets	0	0	206
Purchase price adjustment expense related to acquisition activity	0	0	556
Provision (credit) for loan losses	1,885	(500)	2,170
Depreciation and amortization	1,325	1,521	1,505
Gain on sales of available-for-sale securities	0	(76)	0
Gain on sale of premises and equipment	0	(550)	0
Share-based compensation	86	150	159
Decrease (increase) in deferred income taxes, net	1,490	(261)	(323)
Originations of SBA loans held for sale	(23,972)	(16,574)	(2,049)
Proceeds from sale of SBA loans held for sale	23,077	16,267	12,160
Gains on sale of SBA loans held for sale, net	(1,461)	(1,886)	(566)
Net (gain) loss on sale and write-down of other real estate owned	0	(2)	69
Changes in assets and liabilities:
(Increase) decrease in accrued interest and dividends receivable	(1,445)	798	(3,017)
Increase in other assets	(879)	(2,124)	(331)
(Decrease) increase in accrued expenses and other liabilities	(2,085)	3,160	(1,732)
Net cash provided by operating activities	7,036	7,596	6,281
Cash Flows from Investing Activities:
Proceeds from maturity or sales on available-for-sale securities	3,600	77,690	0
Principal repayments on available-for-sale securities	6,723	11,667	9,879
Purchases of available-for-sale securities	(19,330)	(136,135)	(11,248)
Redemptions (purchases) of Federal Reserve Bank stock	216	(60)	114
Redemptions (purchases) of Federal Home Loan Bank stock	310	319	(26)
Origination of loans receivable	(211,383)	(220,349)	(36,860)
Purchases of loans receivable	(141,412)	(89,338)	(32,785)
Payments received on loans receivable	239,639	298,059	153,495
Purchases of premises and equipment	(414)	(430)	(70)
Proceeds from sale of premises and equipment	0	1,464	0
Proceeds from sale of other real estate owned	0	1,908	425
Net cash (used in) provided by investing activities	(122,051)	(55,205)	82,924
Increase (decrease) in deposits, net
Increase (decrease) in deposits, net	111,884	62,906	(133,877)
Increase in purchased deposits	0	0	49,998
Repayments of FHLB borrowings	(5,000)	0	(10,000)
Repayments of senior notes	(12,000)	0	0
Proceeds from issuance of senior notes	12,000	0	0
Principal repayments of note payable	(206)	(203)	(199)
(Increase) decrease in advances from borrowers for taxes and insurance	(215)	(2,685)	105
Net cash provided by (used in) financing activities	106,463	60,018	(93,973)
Net (decrease) increase in cash and cash equivalents	(8,552)	12,409	(4,768)
Cash and cash equivalents at beginning of year	47,045	34,636	39,404
Cash and cash equivalents at end of year	38,493	47,045	34,636
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	10,472	7,210	15,037
Cash paid (refund) for income taxes, net	102	140	(659)
Non-cash transactions:
Transfers of SBA loans held for sale to loans receivable	274	281	9,542
Transfers of loans receivable to loans held for sale	0	0	5,022
Capitalized servicing assets	400	335	137
Operating lease right-of-use assets	80	373	40
Accrued rent payable - adoption ASC 842	0	0	22
Interest rate swaps	(535)	449	(493)
Deferred cost for capital raise	(825)	825	0
Deferred debt issuance costs	360	0	0
Increase in premises and equipment	0	10	290
Reclassification of premises and equipment to implementation cost	0	52	0
Increase in accrued expense and other liabilities	0	(62)	(290)
Decrease in escrow deposit related to acquisition activity	0	0	(657)
Decrease in liabilities related to acquisition activity	0	0	15
Decrease in contingent consideration related to acquisition activity	$ 0	$ 0	$ 86

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	Nature of Operations and Summary of Significant Accounting Policies Patriot National Bancorp, Inc. (the "Company" or "PNBK"), a Connecticut corporation, is a bank holding company that was organized in 1999. Patriot Bank, N.A. (the "Bank") (collectively, “Patriot”) is a wholly owned subsidiary of the Company. The Bank is a nationally chartered commercial bank whose deposits are insured under the Bank Insurance Fund, which is administered by the Federal Deposit Insurance Corporation. The Bank provides a full range of banking services to commercial and consumer customers through its main office in Stamford, Connecticut, eight branch offices in Connecticut and one branch office in New York. The Bank's customers are concentrated in Fairfield and New Haven Counties in Connecticut and Westchester County in New York. On March 11, 2003, the Company formed Patriot National Statutory Trust I (the “Trust”) for the purpose of issuing trust preferred securities and investing the proceeds in subordinated debentures issued by the Company, and on March 26, 2003, the first series of trust preferred securities were issued. In accordance with accounting principles generally accepted in the United States of America (“US GAAP”), the Trust is not included in the Company’s consolidated financial statements. On May 10, 2018, the Bank completed its acquisition of Prime Bank, a Connecticut bank headquartered in Orange, CT (“Prime Bank”). The closing of the transaction added a new Patriot branch located in the Town of Orange, New Haven County, Connecticut. The results of Prime Bank’s operations are included in the Company’s consolidated financial statements from the date of acquisition. The preparation of consolidated financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and to disclose contingent assets and liabilities. Actual results could differ from those estimates. Management has identified accounting for the allowance for loan and lease losses, the analysis and valuation of its investment securities, the valuation of deferred tax assets, the impairment of goodwill, the valuation of derivatives, and the valuation of servicing assets as certain of Patriot’s more significant accounting policies and estimates, in that they are critical to the presentation of Patriot’s financial condition and results of operations. As they concern matters that are inherently uncertain, these estimates require management to make subjective and complex judgments in the preparation of Patriot’s consolidated financial statements. Certain prior period amounts have been reclassified to conform to current year presentation. Summary of Significant Accounting Policies: Principles of consolidation and basis of financial statement presentation The consolidated financial statements include the accounts of Patriot, and the Bank's wholly owned subsidiaries, PinPat Acquisition Corporation and have been prepared in conformity with US GAAP. All significant intercompany balances and transactions have been eliminated. Cash and cash equivalents Patriot considers all short-term, highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash and due from banks, federal funds sold, and short-term investments are recognized as cash equivalents in the consolidated balance sheets. Patriot maintains amounts due from banks which, at times, may exceed federally insured limits. Patriot has not experienced any losses from such concentrations. Federal Reserve Bank and Federal Home Loan Bank stock The Bank is required to maintain an investment in capital stock of the Federal Home Loan Bank of Boston (“FHLB-B”), as collateral, in an amount equal to a percentage of its outstanding mortgage loans and loans secured by residential properties, including mortgage-backed securities. Additionally, the Bank is required to maintain an investment in the capital stock of the Federal Reserve Bank (“FRB”), as collateral, in an amount equal to one percent of six percent of the Bank’s total equity capital as per its latest Report of Condition (“Call Report”) filed with the Federal Deposit Insurance Corporation. The FRB requires that one-half of the investment in its stock be funded currently, with the remaining amount subject to call when deemed necessary by the FRB Board of Governors. Shares in the FHLB-B and FRB are purchased and redeemed based upon their $100 par value. The stocks are non-marketable equity securities, and as such, are considered restricted securities that are carried at cost, and evaluated for impairment in accordance with relevant accounting guidance. In accordance with this guidance, the stocks’ values are determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as: (a) the significance of any decline in net assets of the FHLB-B or FRB, as applicable, compared to its capital stock amount, and the length of time this situation has persisted; (b) commitments by either the FHLB-B or FRB to make payments required by law or regulation and the level of such payments in relation to their operating performance; (c) the potential impact of any legislative or regulatory changes; and (d) the regulatory capital ratios and liquidity position of the FHLB-B or FRB, as applicable. Included in the Bank’s investment portfolio are shares in the FHLB-B and FRB of $6.5 million and $7.0 million as of December 31, 2022 and 2021, respectively. Management has evaluated its investment in the capital stock of the FHLB-B and FRB for impairment, based on the aforementioned criteria, and has determined that as of December 31, 2022 and 2021 there is no impairment of its investment in either the FHLB-B or FRB. Investment Securities Management determines the appropriate classification of securities at the date individual investment securities are acquired, and the appropriateness of such classification is reassessed at each balance sheet date. Debt securities, if any, that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and are recorded at amortized cost. “Trading” securities, if any, are carried at fair value with unrealized gains and losses recognized in earnings. Securities classified as “available-for-sale” are recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), net of taxes. Purchase premiums and discounts are recognized in interest income using the interest method of accounting, in order to achieve a constant effective yield over the contractual term of the securities. Patriot conducts a quarterly review and evaluation of the securities portfolio to determine if a decline in the fair value of any security below its cost basis is an other-than-temporary impairment (“OTTI”). Our evaluation of OTTI considers the duration and severity of the impairment, our intent to hold the securities, whether or not we will be required to sell the securities, and our assessments of the reason for the decline in value and the likelihood of a near-term recovery. If such decline is deemed to be an OTTI, the security is written down to its fair value, which becomes its new cost basis, and the resulting loss is charged to earnings as a component of non-interest income. Other than the credit loss portion, OTTI on a debt security that we have the intent and ability to hold until recovery of its amortized cost is recognized in other comprehensive income/loss, net of applicable taxes. The credit loss portion of OTTI (i.e., any losses resulting from an inability to collect on the instrument) is charged against earnings. Securities transactions are recorded on the trade date. Realized gains and losses on the sale of securities are determined using the specific identification method, recorded on the trade date, and reported in non-interest income for the period. At December 31, 2022 and 2021, the Bank’s investment portfolio includes a $4.5 million investment in the Solomon Hess SBA Loan Fund (“SBA Fund”). The Bank uses this investment to satisfy its Community Reinvestment Act lending requirements. At December 31, 2022 and 2021, the investment in the SBA Fund is reported in the consolidated balance sheets at cost, which management believes approximates fair value. Loans receivable Loans that Patriot has the intent and ability to hold until maturity or for the foreseeable future generally are reported at their outstanding unpaid principal balances adjusted for deferred costs, an allowance for loan and lease losses, if any, and any unamortized discount, premium and deferred fees. Interest income is accrued based on unpaid principal balances. Loan application fees are reported as non-interest income, while other certain direct origination costs, or for purchased loans, any discounts or premiums are deferred and amortized to interest income as a level yield adjustment over the respective term of the loan. Loans are placed on non-accrual status or charged off when collection of principal or interest is considered doubtful. The accrual of interest on loans is discontinued no later than when the loan is 90 days past due for payment, unless the loan is well secured and in process of collection. Consumer installment loans are typically charged off no later than when they become 180 days past due. Past due status is based on the contractual terms of the loan. Accrued uncollected interest income on loans that are placed on non-accrual status or have been charged off is reversed against interest income. Interest income on such non-performing loans is accounted for on the cash-basis of accounting until qualifying for return to accrual status. Any cash received on non-accrual or charged off loans is first applied against unpaid and past-due principal and then to interest, unless the loan is in a cure period. If in a cure period, and management believes there will be a loss, cash receipts are applied to principal until the balance at risk and collateral value, if any, is equal to the amount management believes will ultimately be collected. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. The interest on these loans is accounted for on the cash-basis method until qualifying for return to accrual status. Patriot’s real estate loans are collateralized by real estate located principally in Fairfield and New Haven Counties in Connecticut, and Westchester County and New York City in New York. Accordingly, the ultimate collectability of a substantial portion of Patriot’s loan portfolio is susceptible to regional real estate market conditions. A loan is considered impaired when, based on current information and events, it is probable that Patriot will be unable to collect the scheduled payments of principal or interest when due, according to the loan’s contractual terms. Factors considered by management in determining impairment include payment status and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and shortfalls generally are not classified as impaired. Management determines the significance of payment delays and shortfalls on a case-by-case basis, taking into consideration the circumstances contributing to the borrower’s loan performance issues, including the length of the delay, the reasons for the delay, the borrower’s prior payment history, and the amount of the shortfall in relation to the principal and interest owed. For commercial and real estate loans, impairment is measured for each individual loan based on the present value of the expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or, for collateral dependent loans, the fair value of the collateral less applicable selling costs. Impaired loans also include loans modified in troubled debt restructurings (“TDR”), where concessions have been granted to borrowers experiencing financial difficulties. These concessions could include a reduction in the interest rate on the loan, payment or maturity date extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. TDRs are generally placed on non-accrual status until the loan qualifies for return to accrual status. Loans qualify for return to accrual status once they have demonstrated compliance with the restructured terms of the loan agreement and have performed for a minimum of six months. Lower balance lending arrangements, such as consumer installment loans, are evaluated for impairment by pooling the loans into homogenous groupings. Accordingly, Patriot does not separately identify individual consumer installment loans for impairment, unless such loans are individually evaluated for impairment due to financial difficulties of the borrower. Acquired Loans Acquired loans are initially recorded at their acquisition date fair values. The carryover of allowance for loan and lease losses is prohibited as any credit losses in the acquired loans are included in the determination of the fair value of the loans at the acquisition date. Fair values for acquired loans are based on a discounted cash flow methodology that involves assumptions and judgments as to credit risk, prepayment risk, liquidity risk, default rates, loss severity, payment speeds, collateral values and discount rate. Acquired Impaired Loans- Purchase Credit Impaired “PCI” Loans Acquired loans that exhibit evidence of deterioration in credit quality since origination and for which it is probable, at acquisition, that the Company will be unable to collect all contractually required payments are accounted for as PCI loans under Accounting Standards Codification (“ASC”) 310-30. The excess of undiscounted cash flows expected at acquisition over the estimated fair value is referred to as the accretable discount and is accreted into interest income over the remaining life of the loans using the interest method. The difference between contractually required payments at acquisition and the undiscounted cash flows expected to be collected at acquisition is referred to as the non-accretable discount. The non-accretable discount represents estimated future credit losses and other contractually required payments that the Company does not expect to collect. Subsequent decreases in expected cash flows are recognized as impairments through a charge to the provision for loan losses resulting in an increase in the allowance for loan and lease losses. Subsequent improvements in expected cash flows result in a recovery of previously recorded allowance for loan and lease losses or a reversal of a corresponding amount of the non-accretable discount, which the Company then reclassifies as an accretable discount that is accreted into interest income over the remaining life of the loans using the interest method. PCI loans are initially measured at fair value, which includes estimated future credit losses expected to be incurred over the life of the loan. Accordingly, the associated allowance for credit losses related to these loans is not carried over at the acquisition date. Acquired loans that met the criteria for non-accrual of interest prior to acquisition were not considered performing upon acquisition. When the customers resume payments, to make the nonaccrual loans current, the loans may return to accrual status, including the impact of any accretable discounts, if the Company can reasonably estimate the timing and amount of the expected cash flows on such loans and if the Company expects to fully collect the new carrying value of the loans. Acquired Non-impaired Loans Acquired loans that do not meet the requirements under ASC 310-30 are considered acquired non-impaired loans. The difference between the acquisition date fair value and the outstanding balance represents the fair value adjustment for a loan and includes both credit and interest rate considerations. Fair value adjustments may be discounts (or premiums) to a loan’s cost basis and are accreted (or amortized) to net interest income (or expense) over the loan’s remaining life in accordance with ASC 310-20. Fair value adjustments for revolving loans are accreted (or amortized) using a straight-line method. Term loans are accreted (or amortized) using the constant effective yield method. Subsequent to the purchase date, the methods used to estimate the allowance for loan and lease losses for the acquired non-impaired loans are consistent with the policy for allowance for loan and lease losses described below. Allowance for loan and lease losses The allowance for loan and lease losses (“ALLL”) is regularly evaluated by management, based upon the nature and volume of the loan portfolio, periodic review of loan collectability using historical experience rates, adverse situations potentially affecting individual borrowers’ ability to repay, the estimated value of any underlying collateral, and prevailing economic conditions on overall segments of the loan portfolio. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The non-specific ALLL by loan segment is calculated using a systematic methodology, consisting of a quantitative and qualitative analytical component, applied on a quarterly basis to homogeneous loans. The model is comprised of six distinct loan portfolio segments: Commercial Real Estate, Residential Real Estate, Commercial and Industrial, Consumer and Other, Construction, and Construction to Permanent – Commercial Real Estate (“Construction to permanent – CRE”). Management monitors a distinct set of risk characteristics for each loan segment. Additionally, management assesses and monitors risk and performance on a disaggregated basis, including an internal risk rating system for loans included in the Commercial loan segment and analyzing the type of collateral, lien position, and loan-to-value (i.e., LTV) ratio for loans included in the Consumer loan segment. Management’s ALLL process first applies historical loss rates to pools of loans with homogeneous risk characteristics. Loss rates are calculated by historical charge-off rates that have occurred within each pool of homogenous loans over its loss emergence period (“LEP”). The LEP is an estimate of the average amount of time from the point at which a loan loss is incurred to the point in time at which the loan loss is confirmed. In general, the LEP will be shorter in an economic slowdown or recession and longer during times of economic stability or growth, when adverse conditions are not generally applicable across a class of borrowers and individual customers are better able to manage deteriorating conditions. Another key assumption is the look-back period (“LBP”), which represents the historical data period utilized to calculate loss rates. A three-year LBP is used for each loan segment, in order to capture relevant historical data believed to reflect losses inherent in the loan segment portfolios. After considering the historic loss calculations, management applies additional qualitative adjustments to the ALLL to reflect the inherent risk of loss that exists in the loan portfolio at the balance sheet date. Qualitative adjustments are made based upon changes in economic conditions, loan portfolio and asset quality data, and credit process changes, such as credit policies or underwriting standards. Evaluation of the ALLL requires considerable judgment, to adequately estimate and provide for the risk of loss inherent in the loan portfolio segments. Qualitative adjustments are aggregated into nine categories described in the Interagency Policy Statement (“Interagency Statement”) issued by the bank regulators. Within the statement, the following qualitative factors are considered: • Changes in lending policies and procedures, including underwriting standards, collection, charge-off, and recovery practices not considered elsewhere in estimating credit losses; • Changes in international, national, regional, and local economic and business conditions and developments that affect the collectability of the loan portfolio, including the condition of various market segments; • Changes in the nature and volume of the loan portfolio and terms of loans; • Changes in the experience, ability and depth of lending management and staff; • Changes in the volume and loss severity of past due loans, the volume of non-accrual loans, and the volume and loss severity of adversely classified or graded loans; • Changes in the quality of the loan review system; • Changes in the value of the underlying collateral for collateral-dependent loans; • The existence and effect of any concentrations of credit and changes in the level of such concentrations; • The effect of other external factors such as competition and legal and regulatory requirements on the level of estimated credit losses in our current loan portfolio. Patriot provides for loan losses by consistently applying the documented ALLL methodology. Loan losses are charged to the allowance as incurred and recoveries are credited to the ALLL. Additions to the ALLL are charged against income, based on various factors which, in management’s judgment, deserve current recognition in estimating probable losses. Loan losses are charged-off in the period the loans, or portions thereof, are deemed uncollectible. Generally, Patriot will record a loan charge-off (including a partial charge-off) to reduce a loan to the estimated fair value of the underlying collateral, less costs to sell, for collateral dependent loans. Subsequent recoveries, if any, are credited to the ALLL. Patriot regularly reviews the loan portfolio and makes adjustments for loan losses, in order to maintain the allowance for loan and lease losses in accordance with US GAAP. The allowance for loan and lease losses consists primarily of the following three components: (1) Allowances are established for impaired loans (generally defined by Patriot as non-accrual loans, troubled debt restructured loans, and loans that were previously classified as troubled debt restructurings but have been upgraded). The amount of impairment provided as an allowance is represented by the deficiency, if any, between the present value of expected future cash flows discounted at the loan’s original effective interest rate or the underlying collateral value, less estimated costs to sell, if the loan is collateral dependent, and the carrying value of the loan. Impaired loans that have no discounted cash flow or collateral deficiency, if applicable, are not considered for general valuation allowances described below. (2) General allowances are established for loan losses on a portfolio basis for loans that do not meet the definition of impaired. The portfolio is grouped into homogeneous risk characteristics, primarily loan type. Management applies an estimated loss rate to each pool of homogeneous loans. The loss rates applied are based on Patriot’s three-year loss LBP adjusted, as appropriate, for the factors discussed above. The evaluation is inherently subjective, as it requires material estimates that may be susceptible to significant revision based on changes in economic and real estate market conditions. Actual loan losses may be more or less than the ALLL management established which could have an effect on Patriot’s financial results. In addition, a risk rating system is utilized to evaluate the general component of the ALLL. Under this system, management assigns risk ratings between one and eleven. Risk ratings are assigned based upon the recommendation of the credit analyst and the originating loan officer. The risk ratings are reviewed and confirmed by the management loan committee of the Board of Directors (the “Loan Committee”). Risk ratings are established at the initiation of transactions and are reviewed and changed, when necessary, during the life of the loan. Loans assigned a risk rating of six or above are monitored more closely by the credit administration officers and the Loan Committee. (3) An unallocated component of the ALLL is considered when necessary to cover uncertainties that could affect management's estimate of probable losses. The unallocated component of the ALLL reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies applied to estimating specific and general losses in the loan portfolio. In underwriting a loan secured by real property, a property appraisal is required to be performed by an independent licensed appraiser that has been approved by Patriot’s Board of Directors. Appraisals are subject to review by independent third parties hired by Patriot. All appraisals are reviewed by qualified independent parties to the firm preparing the appraisals. Generally, management obtains updated appraisals when a loan is deemed impaired. These appraisals may be more limited than those prepared for the underwriting of a new loan. Additionally, the Bank hires an outside engineering consultant perform the inspection on properties and Management reviews and inspection reports before disbursing funds, during the term of a construction loan. The Bank further segmented its loan pools by Pass, Special Mention, and Substandard risk ratings and assigned additional risk premiums to each group. The qualitative and economic factors for all of the pools and subsegments were also evaluated, with Pass loans receiving adjustments to reflect their credit profile relative to the non-impaired criticized assets. These adjustments generally flow through the qualitative factors addressing severity of past due loans and other similar conditions and the nature and volume of the portfolio and terms of the loans. The Bank’s SBA loan portfolio consists of the unguaranteed portion of certain C&I and Owner-Occupied CRE loans. An additional risk premium was assigned to those loans due to their risk parameters and profile, including higher historical loss rates (based on historical SBA data) than the rest of the C&I and Owner-Occupied CRE portfolio. Acquired loans are marked to fair value on the date of acquisition and are evaluated on a quarterly basis to ensure the necessary purchase accounting updates are made in parallel with the allowance for loan loss calculation. Acquired loans that have been renewed since acquisition are included in the allowance for loan loss calculation since these loans have been underwritten to the Bank’s guidelines. Acquired loans that have not been renewed since acquisition, or that have a PCI mark, are excluded from the allowance for loan loss calculation. While Patriot uses the best information available to evaluate the ALLL, future adjustments to the ALLL may be necessary if conditions differ or substantially change from the information used in making the evaluation. In addition, as an integral part of its regulatory examination process, the OCC will periodically review the ALLL. The OCC may require Patriot to adjust the ALLL based on its analysis of information available at the time of its examination. As discussed further in the section titled “Accounting Standards Issued but not yet adopted”, the current ALLL methodology will be replaced by the measurement of losses under a current expected cumulative loss (CECL) model beginning January 1, 2023 in accordance with new accounting standard ASU 2016-13. Transfers of financial assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from Patriot -- put presumptively beyond the reach of Patriot and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and no condition both constrains the transferee from taking advantage of that right and provides more than a trivial benefit for Patriot, and (3) Patriot does not maintain effective control over the transferred assets through either (a) an agreement that both entitles and obligates it to repurchase or redeem the assets before maturity or (b) the ability to unilaterally cause the holder to return specific assets, other than through a cleanup call. Loans Held for Sale Loans held for sale represent the guaranteed portion of SBA loans and are reflected at the lower of aggregate cost or market value. Patriot originates loans to customers under the SBA program that historically has provided for SBA guarantees of 75% of the principal balance of each loan. As a result of the pandemic, in 2021, the SBA increased the guaranteed percentage to 90% during one of the rounds of stimulus. As of October 1, 2021, the guaranteed percentage reverted back to 75% of the loan. Patriot generally sells the guaranteed portion of its SBA loans to a third party and retains the servicing, holding the unguaranteed portion in its portfolio. The amount of loan origination fees is included in the carrying value of loans sold and in the calculation of the gain or loss on the sale. When sales of SBA loans do occur, the premium received on the sale and the present value of future cash flows of the servicing assets, less the discount of the retained portion of the loan are recognized in income. All criteria for sale accounting must be met in order for the loan sales to occur; see details under the “Transfers of Financial Assets” heading above. Servicing Assets Servicing assets represent the estimated fair value of retained servicing rights, net of servicing costs, at the time loans are sold. Servicing assets are amortized in proportion to, and over the period of, estimated net servicing revenues. Impairment is evaluated based on stratifying the underlying financial assets by date of origination and term. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Any impairment, if temporary, would be reported as a valuation allowance. Other real estate owned Assets acquired through, loan foreclosure or in lieu of, are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. In addition, when Patriot acquires other real estate owned (“OREO”), it obtains a current appraisal to substantiate the net carrying value of the asset. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in the results of operations. Costs relating to the development and improvement of the property are capitalized, subject to the limit of fair value of the collateral. Gains or losses are included in non-interest expenses upon disposal. Write-downs of foreclosed properties that are required upon transfer to OREO are charged to the ALLL. Thereafter, an allowance for OREO losses is established for any further declines in the property’s value. These losses are included in non-interest expenses in the consolidated statements of operations. Premises and equipment Premises and equipment are stated at cost, net of accumulated depreciation and amortization. Leasehold improvements are capitalized and amortized over the shorter of the terms of the related leases or the estimated economic lives of the improvements. Depreciation is charged to operations for buildings, furniture, equipment and software using the straight-line method over the estimated useful lives of the related assets which range from three Impairment of long-lived assets Long-lived assets, which are held and used, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If impairment is indicated by that review, the asset is written down to its estimated fair value through a charge to non-interest expense. Intangible Assets Intangible assets include core deposit intangibles (“CDI”) and goodwill arising from acquisitions. The initial and ongoing carrying value of

Restrictions on Cash and Due fr

Restrictions on Cash and Due from Banks	12 Months Ended
	Dec. 31, 2022
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]
Restrictions on Cash and Due from Banks	Restrictions on Cash and Due from BanksFederal Reserve System regulations require depository institutions to maintain cash reserves against their transaction accounts, primarily interest-bearing and regular checking accounts. The required cash reserves can be in the form of vault cash and, if vault cash does not fully satisfy the required cash reserves, in the form of a balance maintained with Federal Reserve Banks. The Board of Governors of the Federal Reserve System generally makes annual adjustments to the tiered cash reserve requirements. In March of 2020, the Federal Reserve Bank eliminated reserve requirements for all depository institution. Therefore, the Company was not required to have cash on hand or on deposit with the Federal Reserve Bank to meet regulatory reserve and clearing requirements as of December 31, 2022 and 2021.

Available-for-sale securities

Available-for-sale securities	12 Months Ended
	Dec. 31, 2022
Investments [Abstract]
Available-for-sale securities	Available-for-sale securities At December 31, 2022 and 2021, the amortized cost, gross unrealized gains, gross unrealized losses and approximate fair value of available-for-sale securities was as follows: (In thousands) Amortized Gross Gross Fair December 31, 2022: U. S. Government agency and mortgage-backed securities $ 73,480 $ — $ (14,434) $ 59,046 Corporate bonds 19,773 7 (5,125) 14,655 Subordinated notes 5,000 — (398) 4,602 SBA loan pools 6,791 — (1,073) 5,718 Municipal bonds 561 — (62) 499 105,605 7 (21,092) 84,520 December 31, 2021: U. S. Government agency and mortgage-backed securities $ 67,850 $ 24 $ (1,245) $ 66,629 Corporate bonds 17,754 118 (951) 16,921 Subordinated notes 4,608 35 (17) 4,626 SBA loan pools 5,772 — (169) 5,603 Municipal bonds 563 1 (2) 562 $ 96,547 $ 178 $ (2,384) $ 94,341 The following table presents available-for-sale securities’ gross unrealized losses and fair value, aggregated by the length of time the individual securities have been in a continuous loss position as of December 31, 2022 and 2021: (In thousands) Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2022: U. S. Government agency and mortgage-backed securities $ 11,126 $ (633) $ 47,920 $ (13,801) $ 59,046 $ (14,434) Corporate bonds 1,959 (64) 10,934 (5,061) 12,893 (5,125) Subordinated notes 4,602 (398) — — 4,602 (398) SBA loan pools 1,437 (12) 4,280 (1,061) 5,717 (1,073) Municipal bonds — — 498 (62) 498 (62) $ 19,124 $ (1,107) $ 63,632 $ (19,985) $ 82,756 $ (21,092) December 31, 2021: U. S. Government agency and mortgage-backed securities $ 60,606 $ (1,196) $ 1,610 $ (49) $ 62,216 $ (1,245) Corporate bonds 15,042 (951) — — 15,042 (951) Subordinated notes — — 1,092 (17) 1,092 (17) SBA loan pools 5,603 (169) — — 5,603 (169) Municipal bonds 406 (2) — — 406 (2) $ 81,657 $ (2,318) $ 2,702 $ (66) $ 84,359 $ (2,384) At December 31, 2022 and 2021, forty-six of forty-seven and thirty-two of thirty-nine available-for-sale securities had unrealized losses with an aggregate depreciation of 20.3% and 2.7% from amortized cost, respectively. Management believes that none of the losses on available-for-sale securities noted above constitute OTTI. The noted losses are considered temporary due to market fluctuations in available interest rates on U.S. Government agency debt, mortgage-backed securities issued by U.S. Government agencies, subordinated notes, corporate debt, and municipal bonds. Management considers the issuers of the securities to be financially sound, the corporate bonds are investment grade, and the collectability of all contractual principal and interest payments is reasonably expected. SBA government guaranteed loan pools securities were purchased at a premium and the impairment was attributable primarily to increased prepayment speeds. The timely payment of principal and interest on these securities is guaranteed by the U.S. Government agency. The contractual terms of the subordinated notes do not permit the issuer to settle the securities at a price less than the amortized cost bases of the investments. Since Patriot is not more-likely-than-not to be required to sell the investments before recovery of the amortized cost basis and does not intend to sell the securities at a loss, none of the available-for-sale securities noted are considered to be OTTI as of December 31, 2022. As of December 31, 2022 and 2021, available-for-sale securities of $30.8 million and $36.6 million were pledged primarily to secure municipal deposits and FHLB borrowing, respectively. The securities were pledged to the FRB and FHLB. The following summarizes, by class and contractual maturity, the amortized cost and estimated fair value of available-for-sale debt securities held at December 31, 2022 and 2021. The mortgages underlying the mortgage-backed securities are not due at a single maturity date. Additionally, these mortgages often are and generally may be pre-paid without penalty, creating a degree of uncertainty that such investments can be held until maturity. For convenience, mortgage-backed securities have been included in the summary as a separate line item. (In thousands) Amortized Cost Fair Value Due Due After Due Total Due Due After Due Total December 31, 2022: Corporate bonds $ 3,778 $ 15,995 $ — $ 19,773 $ 3,721 $ 10,934 $ — $ 14,655 Subordinated notes 3,000 2,000 — 5,000 2,830 1,772 — 4,602 SBA loan pools — 1,449 5,342 6,791 — 1,438 4,280 5,718 Municipal bonds 154 407 — 561 139 360 — 499 Available-for-sale securities with stated maturity dates 6,932 19,851 5,342 32,125 6,690 14,504 4,280 25,474 U. S. Government agency and mortgage-backed securities — 5,276 68,204 73,480 — 4,129 54,917 59,046 $ 6,932 $ 25,127 $ 73,546 $ 105,605 $ 6,690 $ 18,633 $ 59,197 $ 84,520 December 31, 2021: Corporate bonds $ 17,754 $ — $ — $ 17,754 $ 16,921 $ — $ — $ 16,921 Subordinated notes — 4,608 — 4,608 — 4,626 — 4,626 SBA loan pools — — 5,772 5,772 — — 5,603 5,603 Municipal bonds — 563 — 563 — 562 — 562 Available-for-sale securities with stated maturity dates 17,754 5,171 5,772 28,697 16,921 5,188 5,603 27,712 U. S. Government agency and mortgage-backed securities 13,876 — 53,974 67,850 13,835 — 52,794 66,629 $ 31,630 $ 5,171 $ 59,746 $ 96,547 $ 30,756 $ 5,188 $ 58,397 $ 94,341

Loans Receivables and Allowance

Loans Receivables and Allowance for Loan and Lease Losses	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Loans Receivables and Allowance for Loan and Lease Losses	Loans Receivables and Allowance for Loan and Lease Losses As of December 31, 2022 and 2021, loans receivable, net, consisted of the following: December 31, (In thousands) 2022 2021 Loan portfolio segment: Commercial Real Estate $ 437,443 $ 365,247 Residential Real Estate 124,140 158,591 Commercial and Industrial 138,787 122,810 Consumer and Other 141,091 59,364 Construction 4,922 21,781 Construction to Permanent - CRE 1,933 11,695 Loans receivable, gross 848,316 739,488 Allowance for loan and lease losses (10,310) (9,905) Loans receivable, net $ 838,006 $ 729,583 Patriot's lending activities are conducted principally in Fairfield and New Haven Counties in Connecticut and Westchester County in New York, and the five Boroughs of New York City. Patriot originates commercial real estate loans, commercial business loans, a variety of consumer loans, and construction loans, and has purchased residential loans since 2016. All commercial and residential real estate loans are collateralized primarily by first or second mortgages on real estate. The ability and willingness of borrowers to satisfy their loan obligations is dependent to some degree on the status of the regional economy as well as upon the regional real estate market. Accordingly, the ultimate collectability of a substantial portion of the loan portfolio and the recovery of a substantial portion of any resulting real estate acquired is susceptible to changes in market conditions. Patriot has established credit policies applicable to each type of lending activity in which it engages and evaluates the creditworthiness of each borrower. Unless extenuating circumstances exist, Patriot limits the extension of credit on commercial real estate loans to 75% of the market value of the underlying collateral. Patriot’s loan origination policy for multi-family residential real estate is limited to 80% of the market value of the underlying collateral. In the case of construction loans, the maximum loan-to-value is 75% of the “as completed” appraised value of the real estate project. Management monitors the appraised value of collateral on an on-going basis and additional collateral is requested when warranted. Real estate is the primary form of collateral, although other forms of collateral do exist and may include such assets as accounts receivable, inventory, marketable securities, time deposits, and other business assets. In May 2018, loans were acquired in connection with the Prime Bank merger. A subset of these loans was determined to have evidence of credit deterioration at the acquisition date, which was accounted for in accordance with ASC 310-30. The purchased credit impaired (“PCI”) loans presently maintain a carrying value of zero as of December 31, 2022 and 2021. The loans were evaluated for impairment through the periodic reforecasting of expected cash flows. Income is recognized on PCI loans pursuant to ASC Topic 310-30. A portion of the fair value discount has been ascribed as an accretable yield that is accreted into interest income over the estimated remaining life of the loans. The remaining non-accretable difference represents cash flows not expected to be collected. There were no PCI loans transactions in 2022 and 2021. A summary of changes in the accretable discount for PCI loans for the year ended December 31, 2020 follows: (In thousands) Year Ended December 31, 2020 Accretable discount, beginning of period $ (47) Accretion 2 Other changes, net 45 Accretable discount, end of period $ — The accretion of the accretable discount for PCI loans for the year end December 31, 2020 was $2,000. The other changes represent primarily loans that were either fully paid-off or totally charged off. Risk characteristics of the Company ’ s portfolio classes include the following: Commercial Real Estate Loans In underwriting commercial real estate loans, Patriot evaluates both the prospective borrower’s ability to make timely payments on the loan and the value of the property securing the loans. Repayment of such loans may be negatively impacted should the borrower default, the value of the property collateralizing the loan substantially decline, or there are declines in general economic conditions. Where the owner occupies the property, Patriot also evaluates the business’ ability to repay the loan on a timely basis and may require personal guarantees, lease assignments, and/or the guarantee of the operating company. During 2022, Patriot purchased $20.7 million of commercial real estate loans. There were no commercial real estate loans purchased during 2021. Residential Real Estate Loans In 2013, Patriot discontinued offering primary mortgages on personal residences. Repayment of residential real estate loans may be negatively impacted should the borrower have financial difficulties, should there be a significant decline in the value of the property securing the loan, or should there be declines in general economic conditions. In 2022 and 2021, Patriot purchased $0 and $72.3 million of residential real estate loans, respectively. Commercial and Industrial Loans Patriot’s commercial and industrial loan portfolio consists primarily of commercial business loans and lines of credit to businesses and professionals. These loans are generally for the financing of accounts receivable, purchases of inventory, purchases of new or used equipment, or for other short- or long-term working capital purposes. These loans are generally secured by business assets but are also occasionally offered on an unsecured basis. In granting these types of loans, Patriot considers the borrower’s cash flow as the primary source of repayment, supported by the value of collateral, if any, and personal guarantees, as applicable. Repayment of commercial and industrial loans may be negatively impacted by adverse changes in economic conditions, ineffective management, claims on the borrower’s assets by others that are superior to Patriot’s claims, a loss of demand for the borrower’s products or services, or the death or disability of the borrower or other key management personnel. Patriot’s syndicated and leveraged loan portfolios totaled $5.8 million and $19.6 million at December 31, 2022 and 2021, respectively. The syndicated and leveraged loans are included in the commercial and industrial loan classification and are primarily comprised of loan transactions led by major financial institutions and regional banks, which are the Agent Bank or Lead Arranger, and are referred to as syndicated loans or "Shared National Credits (SNC)". SNC loans were determined to be complementary to the Bank’s existing commercial and industrial loan portfolio and product offerings. Further originations in this loan class are not expected. Consumer and Other Loans Patriot offers individual consumers various forms of credit including installment loans, credit cards, overdraft protection, auto loans, and reserve lines of credit. Repayments of such loans are generally dependent on the personal income of the borrower, which may be negatively impacted by adverse changes in economic conditions. The Company does not place a high emphasis on originating these types of loans. The Company does not have any lending programs commonly referred to as subprime lending. Subprime lending generally targets borrowers with weakened credit histories that are typically characterized by payment delinquencies, previous charge-offs, judgments against the consumer, a history of bankruptcies, or borrowers with questionable repayment capacity as evidenced by low credit scores or high debt-burdened ratios. During 2022 and 2021, Patriot purchased unsecured consumer loans of $90.1 million and $17.0 million, respectively. Total outstanding from this program totaled $78.9 million and $15.7 million as of December 31, 2022 and 2021, respectively. These loans carry higher rates of return than the Bank’s commercial portfolio, with an overall yield of 8.70% , and incurred net charge-offs of $1.6 million for the year ended December 31, 2022. No charge-off was recorded in 2021. Patriot purchased home equity line of credit loans (“HELOC”) of $30.6 million for the year ended December 31, 2022. No HELOC loan was purchases in 2021. Construction Loans Construction loans are of a short-term nature, generally of eighteen months or less, that are secured by land and improvements intended for commercial, residential, or mixed-use development. Loan proceeds may be used for the acquisition of or improvements to the land under development and funds are generally disbursed as phases of construction are completed. Included in this category are loans to construct single family homes where no contract of sale exists, based upon the experience and financial strength of the builder, the type and location of the property, and other factors. Construction loans tend to be personally guaranteed by the principal(s). Repayment of such loans may be negatively impacted by an inability to complete construction, a downturn in the market for new construction, by a significant increase in interest rates, or by decline in general economic conditions. Construction to Permanent - Commercial Real Estate (“CRE”) Loans in this category represent a one-time close of a construction facility with simultaneous conversion to an amortizing mortgage loan. Construction to Permanent loans combine a short-term period similar to a construction loan, generally with a variable rate, and a longer term CRE loan typically 20-25 years, resetting every five years to the Federal Home Loan Bank (“FHLB”) rate. Close of the permanent facility typically occurs when events dictate, such as receipt of a certificate of occupancy and property stabilization, which is defined as cash flow sufficient to support a pre-defined minimum debt coverage ratio and other conditions and covenants particular to the loan. Construction facilities are typically variable rate instruments that, upon conversion to an amortizing mortgage loan, reset to a fixed rate instrument that is the greater of the in-force variable rate plus a predetermined spread over a reference rate (e.g., prime) or a minimum interest rate. SBA Loans Patriot originates SBA 7(a) loans, on which the SBA has historically provided guarantees of 75% of the principal balance. However, during the pandemic in 2021, the SBA temporarily increased the guarantees to 90% and reverted to 75% on October 1, 2021. The guaranteed portion of the Company’s SBA loans is generally sold in the secondary market with the unguaranteed portion held in the portfolio as a loan held for investment. SBA loans are for the purpose of providing working capital, financing the purchase of equipment, inventory or commercial real estate and for other business purposes. Loans are guaranteed by the businesses' major owners. SBA loans are made based primarily on the historical and projected cash flow of the business and secondarily on the underlying collateral provided. SBA loans held for investment are included in the commercial real estate loans and commercial and industrial loan classifications, which totaled $(0.8) million and $27.1 million at December 31, 2022 and 2021, respectively. Small Business Administration Paycheck Protection Program The CARES Act created the SBA’s Paycheck Protection Program. Under the Paycheck Protection Program, $669 billion was authorized for small business loans to pay payroll and group health costs, salaries and commissions, mortgage and rent payments, utilities, and interest on other debt. The loans are provided through participating financial institutions that process loan applications and service the loans. The Bank participated in the SBA’s Paycheck Protection Program in 2021. Paycheck Protection Program loans totaled $31,700,000 and $919,000 as of December 31, 2022 and 2021, respectively, which are included in the commercial and industrial loan classifications. Allowance for Loan and Lease Losses The following tables summarize the activity in the allowance for loan and lease losses, allocated to segments of the loan portfolio, for each year in the three-year period ended December 31, 2022: (In thousands) Commercial Residential Commercial Consumer Construction Construction to Unallocated Total As of and for the year ended December 31, 2022 Allowance for loan and lease losses: December 31, 2021 $ 5,063 $ 1,700 $ 2,532 $ 253 $ 78 $ 41 $ 238 $ 9,905 Charge-offs — — (70) (1,690) (68) — — (1,828) Recoveries 154 4 69 121 — — — 348 Provisions (credits) 1,749 (1,039) (1,128) 2,523 14 (31) (203) 1,885 December 31, 2022 $ 6,966 $ 665 $ 1,403 $ 1,207 $ 24 $ 10 $ 35 $ 10,310 As of and for the year ended December 31, 2021 Allowance for loan and lease losses: December 31, 2020 $ 4,485 $ 1,379 $ 3,284 $ 295 $ 739 $ 162 $ 240 $ 10,584 Charge-offs (51) (3) (212) (23) (69) — — (358) Recoveries — 3 65 111 — — — 179 Provisions (credits) 629 321 (605) (130) (592) (121) (2) (500) December 31, 2021 $ 5,063 $ 1,700 $ 2,532 $ 253 $ 78 $ 41 $ 238 $ 9,905 As of and for the year ended December 31, 2020 Allowance for loan and lease losses: December 31, 2019 $ 3,789 $ 1,038 $ 4,340 $ 341 $ 477 $ 130 $ — $ 10,115 Charge-offs (1,032) (24) (677) (45) — — — (1,778) Recoveries — 1 70 6 — — — 77 Provisions (credits) 1,728 364 (449) (7) 262 32 240 2,170 December 31, 2020 $ 4,485 $ 1,379 $ 3,284 $ 295 $ 739 $ 162 $ 240 $ 10,584 The following tables summarize, by loan portfolio segment, the amount of loans receivable evaluated individually and collectively for impairment as of December 31, 2022 and 2021: (In thousands) Commercial Residential Commercial Consumer Construction Construction to Unallocated Total December 31, 2022 Allowance for loan and lease losses: Individually evaluated for impairment $ 5,430 $ 5 $ 608 $ — $ — $ — $ — $ 6,043 Collectively evaluated for impairment 1,536 660 795 1,207 24 10 35 4,267 Total allowance for loan and lease losses $ 6,966 $ 665 $ 1,403 $ 1,207 $ 24 $ 10 $ 35 $ 10,310 Loans receivable, gross: Individually evaluated for impairment $ 11,241 $ 2,508 $ 4,653 $ 514 $ — $ — $ — $ 18,916 Collectively evaluated for impairment 426,202 121,632 134,134 140,577 4,922 1,933 — 829,400 Total loans receivable, gross $ 437,443 $ 124,140 $ 138,787 $ 141,091 $ 4,922 $ 1,933 $ — $ 848,316 (In thousands) Commercial Residential Commercial Consumer Construction Construction to Unallocated Total December 31, 2021 Allowance for loan and lease losses: Individually evaluated for impairment $ 1,567 $ 3 $ 722 $ — $ — $ — $ — $ 2,292 Collectively evaluated for impairment 3,496 1,697 1,810 253 78 41 238 7,613 Total allowance for loan losses $ 5,063 $ 1,700 $ 2,532 $ 253 $ 78 $ 41 $ 238 $ 9,905 Loans receivable, gross: Individually evaluated for impairment $ 15,704 $ 2,954 $ 4,031 $ 523 $ — $ — $ — $ 23,212 Collectively evaluated for impairment 349,543 155,637 118,779 58,841 21,781 11,695 — 716,276 Total loans receivable, gross $ 365,247 $ 158,591 $ 122,810 $ 59,364 $ 21,781 $ 11,695 $ — $ 739,488 Patriot monitors the credit quality of its loans receivable on an ongoing basis. Credit quality is monitored by reviewing certain indicators, including cash flow from business operations, loan to value ratios, debt service coverage ratios, and credit scores. Patriot employs a risk rating system as part of the risk assessment of its loan portfolio. At origination, credit officers are required to assign a risk rating to each loan in their portfolio, which is ratified or modified by the Loan Committee to which the loan is submitted for approval. If financial developments occur on a loan in the credit officer’s portfolio of responsibility, the risk rating is reviewed and adjusted, as applicable. In carrying out its oversight responsibilities, the Loan Committee can adjust a risk rating based on available information. In addition, the risk ratings on all commercial loans over $250,000 are reviewed by the Credit Department either annually or biannually, depending upon the amount of the bank’s exposure. Additionally, Patriot retains an independent third-party loan review expert to perform a quarterly analysis of the results of its risk rating process. The semi-annual review is based on a randomly selected sample of loans within established parameters (e.g., value, concentration), in order to assess and validate the risk ratings assigned to individual loans. Any changes to the assigned risk ratings, based on the semi-annual review, are required to be reported to the Board Audit Committee. When assigning a risk rating to a loan, management utilizes the Bank’s internal eleven-point risk rating system. An asset is considered “special mention” when it has a potential weakness based on objective evidence, but does not currently expose the Company to sufficient risk to warrant classification in one of the following categories: • Substandard: An asset is classified “substandard” if it is not adequately protected by the current net worth and paying capacity of the obligor or the collateral pledged, if any. Substandard assets have well defined weaknesses based on objective evidence, and are characterized by the distinct possibility that the Company will sustain some loss, if noted deficiencies are not corrected. • Doubtful: Assets classified as “doubtful” have all of the weaknesses inherent in those classified as “substandard”, with the added characteristic that the identified weaknesses make collection or liquidation-in-full improbable, on the basis of currently existing facts, conditions, and values. Charge-offs of loans to reduce the loan to its recoverable value that are solely collateral dependent, generally occur immediately upon confirmation of the partial loss amount. Loans that are cash flow dependent are modeled to reflect the expected cash flows through expected loan maturity, including any proceeds from refinancing or principal curtailment. A specific reserve is established for the amount by which the net investment in the loan exceeds the present value of discounted cash flows. Charge-offs on cash flow dependent loans also generally occur immediately upon confirmation of the partial loss amount. If either type of loan is classified as “Loss”, meaning full loss on the loan is expected, the full balance of the loan receivable is charged off, regardless of the potential recovery from a sale of the underlying collateral. Any amount that may be recovered on the sale of collateral underlying a loan is recognized as a “recovery” in the period in which the collateral is sold. In accordance with Federal Financial Institutions Examination Council published policies establishing uniform criteria for the classification of retail credit based on delinquency status, “Open-end” and “Closed-end” credits are charged off when 180 days and 120 days delinquent, respectively. Loans receivable that are part of the unsecured loan purchase program are charged-off in full when the loan is 90 days past due. The allowance for loan losses may increase to reflect the decline in the performance of the loan portfolio and the higher level of incurred losses. Loan Portfolio Aging Analysis The following tables summarize performing and non-performing (i.e., non-accruing) loans receivable by portfolio segment, by aging category, by delinquency status as of December 31, 2022. (In thousands) Performing (Accruing) Loans As of December 31, 2022: 30 - 59 60 - 89 90 Days Total Current Total Non- Loans Loan portfolio segment: Commercial Real Estate: Pass $ — $ — $ — $ — $ 401,313 $ 401,313 $ — $ 401,313 Special mention — — — — 24,559 24,559 — 24,559 Substandard 330 — — 330 — 330 11,241 11,571 330 — — 330 425,872 426,202 11,241 437,443 Residential Real Estate: Pass 330 — — 330 120,715 121,045 — 121,045 Special mention — — — — 625 625 — 625 Substandard — — — — — — 2,470 2,470 330 — — 330 121,340 121,670 2,470 124,140 Commercial and Industrial: Pass 2 — 230 232 131,092 131,324 — 131,324 Special mention — — — — 597 597 — 597 Substandard 1,488 412 — 1,900 133 2,033 4,833 6,866 1,490 412 230 2,132 131,822 133,954 4,833 138,787 Consumer and Other: Pass 929 3,175 925 5,029 135,990 141,019 — 141,019 Substandard — — — — 23 23 49 72 929 3,175 925 5,029 136,013 141,042 49 141,091 Construction: Pass 895 — — 895 3,503 4,398 — 4,398 Special mention — — — — 524 524 — 524 895 — — — — — 895 — 4,027 — 4,922 — 4,922 Construction to Permanent -CRE: Pass — — — — 1,933 1,933 — 1,933 — — — — 1,933 1,933 — 1,933 Total $ 3,974 $ 3,587 $ 1,155 $ 8,716 $ 821,007 $ 829,723 $ 18,593 $ 848,316 Loans receivable, gross: Pass 2,156 3,175 1,155 6,486 794,546 801,032 — 801,032 Special mention — — — — 26,305 26,305 — 26,305 Substandard 1,818 412 — 2,230 156 2,386 18,593 20,979 Loans receivable, gross $ 3,974 $ 3,587 $ 1,155 $ 8,716 $ 821,007 $ 829,723 $ 18,593 $ 848,316 The following tables summarize performing and non-performing (i.e., non-accruing) loans receivable by portfolio segment, by aging category, by delinquency status as of December 31, 2021. (In thousands) Performing (Accruing) Loans As of December 31, 2021: 30 - 59 Days 60 - 89 Days 90 Days Total Current Total Non-accruing Loans Loan portfolio segment: Commercial Real Estate: Pass $ 696 $ — $ — $ 696 $ 324,858 $ 325,554 $ — $ 325,554 Special mention — — — — 16,625 16,625 — 16,625 Substandard — — — — 7,364 7,364 15,704 23,068 696 — — 696 348,847 349,543 15,704 365,247 Residential Real Estate: Pass — — — — 154,044 154,044 — 154,044 Special mention — — — — 1,399 1,399 — 1,399 Substandard — — — — — — 3,148 3,148 — — — — 155,443 155,443 3,148 158,591 Commercial and Industrial: Pass 243 — — 243 114,306 114,549 — 114,549 Special mention — — — — 1,951 1,951 — 1,951 Substandard — — — — 2,209 2,209 4,101 6,310 243 — — 243 118,466 118,709 4,101 122,810 Consumer and Other: Pass — 26 2 28 59,171 59,199 — 59,199 Substandard — — — — 23 23 142 165 — 26 2 28 59,194 59,222 142 59,364 Construction: Pass — — — — 21,781 21,781 — 21,781 — — — — 21,781 21,781 — 21,781 Construction to Permanent - CRE: Pass — — — — 11,695 11,695 — 11,695 — — — — 11,695 11,695 — 11,695 Total $ 939 $ 26 $ 2 $ 967 $ 715,426 $ 716,393 $ 23,095 $ 739,488 Loans receivable, gross: Pass $ 939 $ 26 $ 2 $ 967 $ 685,855 $ 686,822 $ — $ 686,822 Special mention — — — — 19,975 19,975 — 19,975 Substandard — — — — 9,596 9,596 23,095 32,691 Loans receivable, gross $ 939 $ 26 $ 2 $ 967 $ 715,426 $ 716,393 $ 23,095 $ 739,488 The following tables summarize non-performing (i.e., non-accruing) loans by aging category and status, within the applicable loan portfolio segment as of December 31, 2022 and 2021: (In thousands) Non-accruing Loans 30 - 59 60 - 89 90 Days or Total Current Total As of December 31, 2022: Loan portfolio segment: Commercial Real Estate: Substandard $ — $ — $ 11,241 $ 11,241 $ — $ 11,241 Residential Real Estate: Substandard 657 — 1,796 2,453 17 2,470 Commercial and Industrial: Substandard 46 395 3,196 3,637 1,196 4,833 Consumer and Other: Substandard — — 27 27 22 49 Total non-accruing loans $ 703 $ 395 $ 16,260 $ 17,358 $ 1,235 $ 18,593 As of December 31, 2021: Loan portfolio segment: Commercial Real Estate: Substandard $ — $ — $ 15,704 $ 15,704 $ — $ 15,704 Residential Real Estate: Substandard — — 2,419 2,419 729 3,148 Commercial and Industrial: Substandard — 491 2,458 2,949 1,152 4,101 Consumer and Other: Substandard — 94 28 122 20 142 Total non-accruing loans $ — $ 585 $ 20,609 $ 21,194 $ 1,901 $ 23,095 If non-accrual loans had been performing in accordance with the original contractual terms, additional interest income (net of cash collected) of approximately $372,000, $802,000, and $904,000 would have been recognized in income for the years ended December 31, 2022, 2021, and 2020, respectively. Interest income collected and recognized on non-accruing loans for the year ended December 31, 2022, 2021 and 2020 was $329,000, $377,000 and $156,000, respectively. The accrual of interest on loans is discontinued at the time the loan is 90 days past due for payment unless the loan is well-secured and in process of collection. Consumer installment loans are typically charged off no later than 180 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on non-accrual status or charged-off, at an earlier date, if collection of principal or interest is considered doubtful. All interest accrued, but not collected for loans that are placed on non-accrual status or charged off, is reversed against interest income. The interest on these loans is accounted for on the cash-basis method until qualifying for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, future payments are reasonably assured, after at least six months of timely payment history. Management considers all non-accrual loans and Trouble Debt Restructurings (“TDR”) for impaired loans. In most cases, loan payments that are past due less than 90 days, well-secured, and in the process of collection are not considered impaired. The Bank considers consumer installment loans to be pools of smaller homogeneous loan balances, which are collectively evaluated for impairment. Troubled Debt Restructurings ( “ TDR ” ) On a case-by-case basis, Patriot may agree to modify the contractual terms of a borrower’s loan to assist customers who may be experiencing financial difficulty. If the borrower is experiencing financial difficulties and a concession has been made, the loan is classified as a TDR. Substantially all TDR loan modifications involve lowering the monthly payments on such loans through either a reduction in interest rate below market rate, an extension of the term of the loan, or a combination of adjusting these two contractual attributes. TDR loan modifications may also result in the forgiveness of principal or accrued interest. In addition, when modifying commercial loans, Patriot frequently obtains additional collateral or guarantor support. If the borrower has performed under the existing contractual terms of the loan and Patriot’s underwriters determine that the borrower has the capacity to continue to perform under the terms of the TDR, the loan continues accruing interest. Non-accruing TDRs may be returned to accrual status when there has been a sustained period of performance (generally six consecutive months of payments) and both principal and interest are reasonably assured of collection. The following table summarizes the recorded investment in TDRs as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Loan portfolio segment: Number of Recorded Number of Recorded Commercial Real Estate 1 $ 8,806 1 $ 8,884 Residential Real Estate 3 814 3 870 Consumer and Other 2 537 3 640 Total TDR Loans 6 10,157 7 10,394 Less: TDRs included in non-accrual loans 2 (9,464) 3 (9,688) Total accrual TDR Loans 4 $ 693 4 $ 706 During the year ended December 31, 2022 and 2021, no loans were modified as TDRs, and there were no defaults of TDRs. The following loans were modified as TDR during the year ended December 31, 2020. Outstanding Recorded Investment (In thousands) Pre-Modification Post-Modification Year Ended December 31, 2020 2020 2020 Loan portfolio segment: Commercial Real Estate 2 $ 822 $ 819 Commercial and Industrial 1 4,000 4,000 Consumer and Other 3 413 414 Total TDR Loans 6 $ 5,235 $ 5,233 The following table provides information on how loans were modified as TDRs during the year ended December 31, 2020. (In thousands) Year Ended December 31, 2020 Rate reduction $ 4,819 Extension of interest only period 121 Payment deferral 293 Total $ 5,233 The loans modified in a TDR often involve reducing the interest rate for the remaining term of the loan, extending the maturity date at an interest rate lower than the current market rate for new debt with similar risk, extending payment periods for the interest and /or principal, or substituting or adding a co-borrower or guarantor. At December 31, 2022 and 2021, there were no commitments to advance additional funds under TDRs. The balances reflected here as TDR’s are also included in the non-accruing loan balance included in the prior table - Loan Portfolio Aging Analysis. Impaired Loans Impaired loans may consist of non-accrual loans and/or performing and non-performing TDRs. As of December 31, 2022 and 2021, based on the on-going monitoring and analysis of the loan portfolio, impaired loans of $19.3 million and $23.8 million, respectively, were identified, for which $6.0 million and $2.3 million specific reserves were established, respectively. At December 31, 2022, exposure to the impaired loans was related to thirty-two borrowers. Twenty-one out of thirty-two impaired loans were individually evaluated for impairment, and the remaining eleven impaired loans with balances under $100,000, totaling $371,000, with a general reserve of $2,000 were collectively evaluated, and not individually evaluated for impairment. At December 31, 2021, exposure to the impaired loans was related to thirty-four borrowers. Twenty-three out of thirty-four impaired loans were individually evaluated for impairment, and the remaining eleven impaired loans with balances under $100,000, totaling $590,000, with a general reserve of $7,000 were collectively evaluated, and not individually evaluated for impairment. For collateral dependent loans, appraisal reports of the underlying collateral, have been obtained from independent licensed appraisal firms. For non-performing loans, the independently determined appraised values were first reduced by a 5.8% discount to reflect the Bank’s experience selling Other Real Estate Owned (OREO) properties, and were further reduced by 8% in selling costs, in order to estimate the potential loss, if any, that may eventually be realized. Performing loans are monitored to determine when, if at all, additional loan loss reserves may be required for a loss of underlying collateral value. For cash flow dependent loans, the Bank determined the reserve based on the present value of expected future cash flows discounted at the loan's effective interest rate. Loans not requiring specific reserves had fair values exceeding the total recorded investment, supporting the net investment in the loan which includes principal balance, unamortized fees and costs and accrued interest, if any. Once a borrower is in default, Patriot is under no obligation to advance additional funds on unused commitments. The following table reflects information about the impaired loans by class as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Recorded Principal Related Recorded Principal Related With no related allowance recorded: Commercial Real Estate $ 2,435 $ 2,428 $ — $ 6,820 $ 7,776 $ — Residential Real Estate 2,402 2,224 — 2,847 2,763 — Commercial and Industrial 1,939 2,424 — 630 758 — Consumer and Other 514 514 — 523 523 — 7,290 7,590 — 10,820 11,820 — With a related allowance recorded: Commercial Real Estate $ 8,806 $ 8,656 $ 5,430 $ 8,884 $ 8,811 $ 1,567 Residential Real Estate 223 221 6 461 488 8 Commercial and Industrial 2,895 3,052 609 3,471 3,916 723 Consumer and Other 73 74 — 166 201 1 11,997 12,003 6,045 12,982 13,416 2,299 Impaired Loans, Total: Commercial Real Estate $ 11,241 $ 11,084 $ 5,430 $ 15,704 $ 16,587 $ 1,567 Residential Real Estate 2,625 2,445 6 3,308 3,251 8 Commercial and Industrial 4,834 5,476 609 4,101 4,674 723 Consumer and Other 587 588 — 689 724 1 Impaired Loans, Total $ 19,287 $ 19,593 $ 6,045 $ 23,802 $ 25,236 $ 2,299 For each year in the three-year period ended December 31, 2022, the average recorded investment in and interest income recognized on impaired loans without and with a related allowance, by loan portfolio segment, was as follows: Year Ended December 31, (In thousands) 2022 2021 2020 Average Interest Average Interest Average Interest With no related allowance recorded: Commercial Real Estate $ 6,621 $ 87 $ 7,636 $ 103 $ 5,859 $ 39 Residential Real Estate 3,452 34 4,014 51 3,681 28 Commercial and Industrial 565 63 2,548 12 2,111 79 Consumer and Other 342 23 702 16 1,132 47 10,980 207 14,900 182 12,783 193 With a related allowance recorded: Commercial Real Estate $ 7,096 $ 113 $ 8,869 $ 66 $ 8,861 $ 35 Residential Real Estate 518 8 428 21 34 7 Commercial and Industrial 3,365 29 2,239 126 — — Consumer and Other 342 4 106 7 39 — 11,321 154 11,642 220 8,934 42 Impaired Loans, Total: Commercial Real Estate $ 13,717 $ 200 $ 16,505 $ 169 $ 14,720 $ 74 Residential Real Estate 3,970 42 4,442 72 3,715 35 Commercial and Industrial 3,930 92 4,787 138 2,111 79 Consumer and Other 684 27 808 23 1,171 47 Impaired Loans, Total $ 22,301 $ 361 $ 26,542 $ 402 $ 21,717 $ 235

Loans Held for Sale

Loans Held for Sale	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Loans Held for Sale	Loans Held for Sale SBA loans held for sale represent the guaranteed portion of SBA loans originated and are reflected at the lower of aggregate cost or market value. There were $5.2 million of SBA loans held for sale at December 31, 2022, consisting of $3.1 million SBA commercial and industrial loans and $2.1 million SBA commercial real estate loans. As of December 31, 2021, SBA loans held for sale totaled $3.1 million, consisting of $2.6 million of SBA commercial and industrial loans and $562,000 SBA commercial real estate loans. During 2022 and 2021, $274,000 and $281,000 SBA loans previously classified as held for sale were transferred to held for investment, respectively. In September 2020, one commercial and industrial loan of $5.0 million was reclassified from loans held for investment to loans held for sale. The loan was sold in October 2020 which resulted in proceeds of $5.0 million. No held of investment loan was reclassified to held of sale during 2022 and 2021. The Company generally sells the guaranteed portion of its SBA loans to a third party and retains the servicing, holding the unguaranteed portion in its portfolio. When sales of SBA loans do occur, the premium received on the sale and the present value of future cash flows of the servicing assets, less the discount of the retained portion of the loan are recognized in income. Servicing assets represent the estimated fair value of retained servicing rights, net of servicing costs, at the time loans are sold. Servicing assets are amortized in proportion to, and over the period of, estimated net servicing revenues. Impairment will be evaluated based on stratifying the underlying financial assets by date of origination and term. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Any impairment, if temporary, would be reported as a valuation allowance. Serviced loans sold to others are not included in the accompanying consolidated balance sheets. The total amount of such loans serviced, but owned by third party, amounted to approximately $47.3 million and $29.6 million at December 31, 2022 and 2021, respectively. As of December 31, 2022 and 2021, the servicing asset has a carrying value of $886,000 and $584,000, respectively, and fair value of $1.0 million and $617,000 respectively. Income and fees collected for loan servicing are credited to non-interest income when earned, net of amortization on the related servicing assets. The following table presents an analysis of the activity in the SBA servicing assets for the years ended December 31, 2022, 2021 and 2020: (In thousands) Year Ended December 31, 2022 2021 2020 Beginning balance $ 584 $ 316 $ 201 Servicing rights capitalized 400 335 137 Servicing rights amortized (87) (22) (22) Servicing rights disposed (11) (45) — Ending balance $ 886 $ 584 $ 316 The servicing assets are included in the other assets on the consolidated balance sheet.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment At December 31, 2022 and 2021, premises and equipment consisted of the following: (In thousands) December 31, 2022 2021 Land $ 12,819 $ 12,819 Buildings 19,046 19,046 Leasehold Improvements 3,058 3,058 Furniture, equipment, and software 12,674 12,264 Construction-in-progress 69 65 Premises and equipment, gross 47,666 47,252 Accumulated depreciation and amortization (17,025) (15,752) Premises and equipment, net $ 30,641 $ 31,500 In 2021, the Bank sold a building located in the City New Haven, Connecticut for a cash proceed of $1.5 million, and recognized a gain of $550,000, which is included in other income of the consolidated statements of operations. No property was sold in 2022. For the years ended December 31, 2022, 2021 and 2020, depreciation and amortization expense related to premises and equipment totaled $1.3 million, $1.4 million, and $1.5 million, respectively.

Other Real Estate Owned (_OREO_

Other Real Estate Owned (“OREO”)	12 Months Ended
	Dec. 31, 2022
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Other Real Estate Owned (“OREO”)	Other Real Estate Owned ( “ OREO ” ) The OREO balance consists of foreclosed residential properties from loans receivable that were marketed for sale. As of December 31, 2022 and 2021, no OREO was recorded. The following table presents an analysis of the activity in OREO for the years ended December 31, 2022, 2021 and 2020: (In thousands) Year Ended December 31, 2022 2021 2020 Beginning balance $ — $ 1,906 $ 2,400 Additions — — — Sold — (1,906) (446) Write-downs — — (48) Ending balance $ — $ — $ 1,906 All OREO were sold prior to December 31, 2021. Patriot recognized a gain of $2,000 on the sale of OREO for the year ended December 31, 2021. For the year ended December 31, 2020, Patriot recorded losses on sales of OREO properties of $69,000. The recognized gain and losses are included in the other operating expenses on the consolidated statements of operations.

Business Combination, Goodwill

Business Combination, Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Business Combination, Goodwill and Other Intangible Assets	Business Combination, Goodwill and Other Intangible Assets Acquisition of Prime Bank The Company’s acquisitions are accounted for under the acquisition method of accounting in accordance with ASC 805, Business Combinations. Both the purchased assets and liabilities assumed are recorded at their respective acquisition date fair values. Determining the fair value of assets and liabilities, especially the loan portfolio, is a complicated process involving significant judgment regarding methods and assumptions used to calculate estimated fair values. At date of acquisition fair values are generally preliminary and subject to refinement for up to one year after the closing date of the acquisition as additional information regarding fair values becomes available. On May 10, 2018, the Company completed its acquisition of Prime Bank, a Connecticut bank headquartered in Orange, CT. The closing of the transaction added a new Patriot branch located in the Town of Orange, New Haven County, Connecticut. Information on goodwill for the year ended December 31, 2022, 2021 and 2020 is as follows: Year Ended December 31, (In thousands) 2022 2021 2020 Balance, beginning of period $ 1,107 $ 1,107 $ 1,107 Balance, end of period $ 1,107 $ 1,107 $ 1,107 Goodwill is evaluated for impairment annually or whenever we identify certain triggering events or circumstances that would more likely than not reduce the fair value of a reporting unit below its carrying amount. Events or circumstances that might indicate an interim evaluation is warranted include, among other things, unexpected adverse business conditions, macro and reporting unit specific economic factors, supply costs, unanticipated competitive activities, and acts by governments and courts. Management estimates the fair value of the reporting unit by considering multiple valuation techniques, which include subjective assumptions about the future cash flows of the Company, assumptions within the capitalization rate, valuation multiples, and market data used. The fair value of each reporting unit is compared to the carrying amount of such reporting unit in order to determine if impairment is indicated. The Company performed a quantitative assessment as of October 31, 2022, the Company’s annual goodwill impairment measurement date, and concluded that the goodwill was not impaired as of December 31, 2022. CDI was recorded as part of the Prime Bank business combination in May 2018. The CDI is amortized over a 10-year period using the straight-line method. For the year ended December 31, 2022, 2021 and 2020 the amortization was $47,000, $47,000 and 74,000, respectively. The Company performed a quantitative assessment for CDI as of October 31, 2022, and concluded that the CDI was not impaired as of December 31, 2022. The amortization expense and impairment charge were included in the other operating expenses on the consolidated statements of operations. The table below provides information regarding the carrying amounts and accumulated amortization of amortized intangible assets as of the dates set forth below. (In thousands) As of December 31, 2022 2021 Gross carrying amount $ 748 $ 748 Accumulated amortization (293) (246) Impairment (206) (206) Net carrying amount $ 249 $ 296 Merger and acquisition with American Challenger On November 15, 2021, the Company and American Challenger Development Corp., a Delaware corporation (“American Challenger”), entered into an Agreement and Plan of Merger (the “Original Merger Agreement”), which was subsequently amended on January 26, 2022 and February 28, 2022 (the Original Merger Agreement, as amended, referred to as the “Merger Agreement”). On July 18, 2022, Patriot and American Challenger entered into a Termination and Release Agreement pursuant to which the parties mutually agreed to terminate the Merger Agreement. The parties mutually determined that not all closing conditions of the Merger Agreement could be satisfied under the current structure and agreement. In connection with the merger, the Company has recognized expenses of $1.9 million for the full year ended December 31, 2021 and $112,000 for the year ended December 31, 2022.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2022
Statistical Disclosure for Banks [Abstract]
Deposits	Deposits The following table presents the balance of deposits held, by category, and the related weighted average stated interest rate as of December 31, 2022 and 2021. December 31, 2022 December 31, 2021 (In thousands) Balance Weighted Avg. Balance Weighted Avg. Non-interest bearing $ 269,636 — $ 226,713 — Interest bearing: Negotiable order of withdrawal accounts 34,440 0.07 % 34,741 0.07 % Savings 71,002 0.61 % 109,744 0.13 % Money market 211,000 1.38 % 164,518 0.23 % Certificates of deposit, less than $250,000 165,793 1.72 % 142,246 0.35 % Certificates of deposit, $250,000 or greater 59,877 1.72 % 53,584 0.40 % Brokered deposits 48,698 2.07 % 17,016 1.05 % Interest bearing, Total 590,810 1.40 % 521,849 0.27 % Total Deposits $ 860,446 0.96 % $ 748,562 0.19 % On July 22, 2020, the Company completed the purchase of prepaid debit card deposits of $50.0 million from a prominent national provider and processor of prepaid debit cards for corporate, consumer and government clients. The prepaid debit card deposits are included in the non-interest-bearing deposits and money market deposits, which totaled approximately $197.3 million and $150.4 million as of December 31, 2022 and 2021, respectively. The following table presents interest expense, by deposit category, and the related weighted average effective interest rate for each of the years in the three-year period ended December 31, 2022. (In thousands) Year ended December 31, 2022 2021 2020 Interest Weighted Interest Weighted Interest Weighted Negotiable order of withdrawal accounts $ 23 0.07 % $ 24 0.07 % $ 23 0.07 % Savings 1,028 1.02 % 238 0.22 % 426 0.54 % Money market 1,973 1.09 % 449 0.30 % 1,451 1.05 % Certificates of deposit, less than $250,000 1,411 0.79 % 899 0.61 % 3,227 1.75 % Certificates of deposit, $250,000 or greater 400 0.68 % 270 0.49 % 1,188 1.95 % Brokered deposits 465 1.39 % 363 1.83 % 2,839 1.88 % $ 5,300 0.93 % $ 2,243 0.43 % $ 9,154 1.43 % As of December 31, 2022, contractual maturities of Certificates of Deposit (“CDs”) and brokered deposits are summarized as follows: (In thousands) CDs CDs Brokered Total 1 year or less $ 119,299 $ 49,789 $ 43,589 $ 212,677 More than 1 year through 2 years 22,200 7,581 4,609 34,390 More than 2 years through 3 years 11,588 2,507 500 14,595 More than 3 years through 4 years 1,051 — — 1,051 More than 4 years through 5 years 11,655 — — 11,655 $ 165,793 $ 59,877 $ 48,698 $ 274,368

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Borrowings	Borrowings As of December 31, 2022 and 2021, total borrowings were $115.2 million and $120.7 million, respectively. Borrowings consist primarily of FHLB advances, senior notes, subordinated notes, junior subordinated debentures and a note payable. The senior notes, subordinated notes, junior subordinated debentures contain affirmative covenants that require the Company to: maintain its and its subsidiaries’ legal entity and tax status, pay its income tax obligations on a timely basis, and comply with SEC and FDIC reporting requirements. Federal Home Loan Bank borrowings The Company is a member of the Federal Home Loan Bank of Boston ("FHLB-B"). Borrowings from the FHLB-B are limited to a percentage of the value of qualified collateral, as defined on the FHLB-B Statement of Products Policy. Qualified collateral, as defined, primarily consists of mortgage-backed securities and loans receivable that are required to be free and clear of liens and encumbrances, and may not be pledged for any other purposes. As of December 31, 2022, the Bank had $67.2 million of available borrowing capacity from the FHLB-B. FHLB-B advances are structured to facilitate the Bank’s management of its balance sheet and liquidity requirements. At December 31, 2022 and 2021, outstanding advances from the FHLB-B aggregated $85.0 million and $90.0 million, respectively. At December 31, 2022, FHLB-B advances of $85.0 million outstanding bore fixed rates of interest ranging from 2.40% to 4.37% with maturities ranging from 6 days to 1.71 years, and have a weighted average interest rate of 3.69%. At December 31, 2022, collateral for FHLB-B borrowings consisted of a mixture of real estate loans and securities with book value of $233.5 million. Remaining borrowing capacity under this line totaled $67.2 million at December 31, 2022. In addition, Patriot has a $2.0 million revolving line of credit with the FHLB-B. At December 31, 2022 and 2021, no funds had been borrowed under the line of credit. Interest expense incurred for FHLB-B borrowing for the year ended December 31, 2022, 2021 and 2020 were $3.5 million, $3.0 million and $2.7 million, respectively. Correspondent Bank - Lines of Credit Patriot has entered into unsecured federal funds sweep and federal funds line of credit facility agreements with certain correspondent Banks. As of December 31, 2022 and 2021, borrowings available under the agreements totaled $24.5 million and $5 million, respectively. The purpose of the agreements is to provide a credit facility intended to satisfy overnight federal account balance requirements and to provide for daily settlement of FRB, ACH, and other clearinghouse transactions. There was no outstanding balance under the agreements at December 31, 2022 and 2021. No interest expense incurred in 2022, 2021 and 2020. Other Borrowing In August 2020, Patriot was approved to pledge commercial and industrial loans and leases, commercial real estate, construction loans and one-to-four family first lien loans under the Federal Reserve Bank of New York’s (“FRBNY”) Borrower-in-Custody program. As of December 31, 2022, Patriot had pledged eligible loans with a book value of $19.9 million and a collateral value of $13.7 million as collateral to support borrowing capacity at the FRBNY. There was no outstanding balance under the agreements as of December 31, 2022. Senior notes On December 22, 2016, the Company issued $12 million of senior notes (“2016 Senior Notes”) bearing interest at 7% per annum. On November 17, 2021, the original maturity date of the Senior Notes were extended from December 22, 2021 to June 30, 2022. On June 22, 2022, the Company amended and restated the Senior Notes. The maturity date of the Senior Notes were further extended to December 31, 2022, and the interest rate increases from (i) 7% to 7.25% from July 1, 2022 until September 30, 2022 and (ii) from 7.25% to 7.50% thereafter. The Senior Notes were repaid in December 2022. On December 21, 2022, the Company completed an issuance and sale of $12 million in aggregate principal amount of 8.50% fixed rate Senior Notes due January 15, 2026 (“2022 Senior Notes”). In connection with the issuance of the Senior Notes, the Company incurred $360,000 of costs, which are being amortized over the term of the 2022 Senior Notes to recognize a constant rate of interest expense. As of December 31, 2022, unamortized debt issuance cost of $360,000 was deducted from the face amount of the Senior Notes included in the consolidated balance sheet. The 2022 Senior Note Purchase Agreement contains certain customary representations, warranties, and covenants made by each of the Company and the Purchasers. The 2022 Senior Notes are not subject to any sinking fund and are not convertible into or exchangeable for any other securities or assets of the Company or any of its subsidiaries. The 2022 Senior Notes are not subject to redemption at the option of the holders. Principal and interest on the 2022 Senior Notes are subject to acceleration only in limited circumstances. The 2022 Senior Notes are an unsecured, unsubordinated obligation and ranks equally in right of payment to all of the Company’s existing and future unsecured indebtedness, liabilities and other obligations that are not subordinated in right of payment to the Senior Note, and will be effectively subordinated to any of the Company’s existing and future secured indebtedness, to the extent of the value of the collateral securing such indebtedness. The 2022 Senior Notes are the obligations of the Company only and are not obligations of, and are not guaranteed by, any of the Company’s affiliates. For the year ended December 31, 2022, 2021 and 2020, the Company recognized interest expense of $866,000, $913,000 and $915,000, respectively, and the debt issuance cost amortization expense was $0, $73,000 and $75,000, respectively. As of December 31, 2022 and 2021, $28,000 and $23,000 of interest has been included in the consolidated balance sheet in accrued expenses and other liabilities, respectively. Subordinated notes On June 29, 2018, the Company entered into certain subordinated note purchase agreements with two institutional accredited investors and completed a private placement of $10 million of fixed-to-floating rate subordinated notes with the maturity date of September 30, 2028 (the “Subordinated Notes”) pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506(b) of Regulation D promulgated thereunder. The Subordinated Notes initially bear interest at 6.25% per annum, from and including June 29, 2018, to but excluding, June 30, 2023, payable semi-annually in arrears. From and including June 30, 2023, until but excluding June 30, 2028 or an early redemption date, the interest rate shall reset quarterly to an interest rate per annum equal to the then current three-month LIBOR (but not less than zero) plus 332.5 basis points, payable quarterly in arrears. The Company may, at its option, beginning on June 30, 2023 and on any scheduled interest payment date thereafter, redeem the Subordinated Notes. Interest on the Subordinated Notes is payable beginning on December 30, 2018. In connection with the issuance of the Subordinated Notes, the Company incurred $291,000 of debt issuance costs, which are being amortized over the term of the Subordinated Notes to recognize a constant rate of interest expense. At December 31, 2022 and 2021, $160,000 and $189,000 of unamortized debt issuance costs have been deducted from the face amount of the Subordinated Notes included in the consolidated balance sheet, respectively. For the year ended December 31, 2022, 2021 and 2020, the Company recognized interest expense of $654,000, $654,000 and $654,000, respectively. Junior subordinated debt owed to unconsolidated trust In 2003, the Patriot National Statutory Trust I (“the Trust”), which has no independent assets and is wholly-owned by the Company, issued $8.0 million of trust preferred securities. The proceeds, net of a $240,000 placement fee, were invested in junior subordinated debentures issued by the Company, which invested the proceeds in the Bank. The Bank used the proceeds to fund its operations. Trust preferred securities currently qualify for up to 25% of the Company’s Tier I Capital, with the excess qualifying as Tier 2 Capital. The junior subordinated debentures are unsecured obligations of the Company. The debentures are subordinate and junior in right of payment to all present and future senior indebtedness of the Company. In addition to its obligations under the junior subordinated debentures and in conjunction with the Trust, the Company issued an unconditional guarantee of the trust preferred securities. The junior subordinated debentures bear interest at three-month LIBOR plus 3.15% (7.79% at December 31, 2022) and mature on March 26, 2033, at which time the principal amount borrowed will be due. Beginning in the second quarter of 2009, the Company opted to defer payment of quarterly interest on the junior subordinated debentures for 20 consecutive quarters. In June of 2014, the Company brought the debt current by paying approximately $1.7 million of interest in arrears to the holders of the junior subordinated debentures. On bringing the debt current and, as permitted under the terms of the junior subordinated debentures, the Company again opted to defer payment of quarterly interest through September 2016, when a $0.7 million payment was made to bring the debt current. The placement fee of $240,000 is amortized and included as a component of the periodic interest expense on the junior subordinated debentures, in order to produce a constant rate of interest expense. For the years ended December 31, 2022, 2021 and 2020, $9,000, $9,000 and $8,000 of debt placement fee amortization has been included in interest expense recognized of $412,000, $279,000 and $337,000, respectively. As of December 31, 2022 and 2021, the unamortized placement fee deducted from the face amount of the junior subordinated debt owed to the unconsolidated trust amounted to $120,000 and $129,000, respectively, and accrued interest on the junior subordinated debentures was $9,000 and $4,000, respectively. At its option, exercisable on a quarterly basis, the Company may redeem the junior subordinated debentures from the Trust, which would then redeem the trust preferred securities. Note Payable In September 2015, the Bank purchased the property in which its Fairfield, Connecticut branch is located for approximately $2.0 million, a property it had been leasing until that date. The purchase price was primarily satisfied by issuing the seller a $2.0 million, nine-year, promissory note bearing interest at a fixed rate of 1.75% per annum. As of December 31, 2022 and 2021, the note had a balance outstanding of $585,000 and $791,000, respectively. The note matures in August 2024 and requires a balloon payment of approximately $234,000. The note is secured by a first Mortgage Deed and Security Agreement on the purchased property. Interest expenses incurred for the year ended December 31, 2022, 2021 and 2020 were $12,000, $15,000 and $19,000, respectively. Maturity of borrowings At December 31, 2022, the contractual maturities of the Company’s borrowings in future periods were as follows: (In thousands) Year ending December 31, FHLB Senior Subordinated Junior Note Total 2023 $ 55,000 $ — $ — $ — $ 210 $ 55,210 2024 30,000 — — — 375 30,375 2025 — — — — — — 2026 — 12,000 — — — 12,000 2027 — — — — — — Thereafter — — 10,000 8,248 — 18,248 Total contractual maturities of borrowings 85,000 12,000 10,000 8,248 585 115,833 Unamortized debt issuance costs — (360) (160) (120) — (640) Balance of borrowings as of December 31, 2022 $ 85,000 $ 11,640 $ 9,840 $ 8,128 $ 585 $ 115,193

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives Derivatives Not Designated in Hedge Relationships Patriot is a party to interest rate swaps; derivatives that are not designated as hedging instruments. Under a program, Patriot will execute interest rate swaps with commercial lending customers to facilitate their respective risk management strategies. Patriot entered into total four interest rate swaps (“swaps”) in November 2018 and May 2019. Two swaps are with a loan customer to provide a facility to mitigate the fluctuations in the variable rate on the respective loan. The other two swaps are with an outside third party. The customer interest rate swaps are matched in offsetting terms to the third party interest rate swaps, such that Patriot minimizes its net risk exposure resulting from such transactions. Because the interest rate swaps associated with the program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. The changes in the fair value of the swaps offset each other, except for the credit risk of the counterparties, which is determined by taking into consideration the risk rating, probability of default and loss given default for all counterparties. The swaps are reported at fair value in other assets or other liabilities on the consolidated balance sheets. As of December 31, 2022 and 2021, Patriot had cash pledged for collateral on its interest rate swaps of $0.0 million and $1.4 million, respectively. This collateral is included in other assets on the consolidated balance sheets. Patriot did not recognize any net gain or loss in other non-interest income on the consolidated statements of operations during the year ended December 31, 2022, 2021 and 2020. Derivatives Designated in Hedge Relationships Interest rate swaps allow the Company to change the fixed or variable nature of an interest rate without the exchange of the underlying notional amount. In April 2021, Patriot entered into an interest rate swap, which was designated as a cash flow hedge that effectively converted variable-rate receivable into fixed-rate receivable. The Company’s objectives in using the cash flow hedge are to add stability to interest receivable and to manage its exposure to contractually specified interest rate movements. Under the term of the swap contract, the Company hedged the cash flows associated with a pool of 1-month LIBOR floating rate loans by converting a $50 million portion of that pool of loans into fixed rates with the swap. The Bank received fixed and paid floating rate based on 1 month LIBOR for a 7-year rolling period beginning April 29, 2021. A hedging instrument is expected at inception to be highly effective at offsetting changes in the hedged transactions attributable to the changes in the hedged risk. Changes in the fair value of derivatives designated and that qualify as cash flow hedges are recorded in accumulated other comprehensive income and are subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. In August 2021, the cash flow hedge interest rate swap contract was terminated. During the year ended December 31, 2021, the Company recognized $149,000 of accumulated other comprehensive income that was reclassified into interest income. The swap interest income is included in interest and fees on loans on the consolidated statements of operations. In addition, a gain of $512,000 was recognized from the termination of the interest rate swap cash flow hedge for the year ended December 31, 2021, which was included in other income on the consolidated statements of operations. In 2022, no interest income was recognized. The Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged item or transaction. The Company does not offset derivative assets and derivative liabilities for financial statement presentation purposes. Further discussion of the accounting policy of derivatives is set forth in Note 1, and information about the valuation methods used to measure the fair value of derivatives is provided in Note 21 to the consolidated financial statements. The following table presents summary information regarding these derivatives for the periods presented (dollars in thousands): (In thousands) Notional Maturity Fixed Rate Variable Fair Value December 31, 2022 Classified in Other Assets: Customer interest rate swap $ 4,736 6.3 5.25 % 1 Mo. LIBOR + 1.96% $ 106 Customer interest rate swap 1,363 6.5 4.38 % 1 Mo. LIBOR + 2.00% 97 Classified in Other Liabilities: 3rd party interest rate swap $ 4,736 6.3 5.25 % 1 Mo. LIBOR + 1.96% $ (106) 3rd party interest rate swap 1,363 6.5 4.38 % 1 Mo. LIBOR + 2.00% (97) December 31, 2021 Classified in Other Assets: Customer interest rate swap $ 4,843 7.3 5.25 % 1 Mo. LIBOR + 1.96% $ 638 Customer interest rate swap 1,398 7.5 4.38 % 1 Mo. LIBOR + 2.00% 100 Classified in Other Liabilities: 3rd party interest rate swap $ 4,843 7.3 5.25 % 1 Mo. LIBOR + 1.96% $ (638) 3rd party interest rate swap 1,398 7.5 4.38 % 1 Mo. LIBOR + 2.00% (100) For the year ended December 31, 2021, changes in the consolidated statements of comprehensive income related to interest rate derivatives designated as hedges of cash flows were as follows: (In thousands) Year Ended Interest rate swap designated as cash flow hedge: Unrealized gain recognized in accumulated other comprehensive income before reclassifications $ 149 Amounts reclassified from accumulated other comprehensive income (149) Other comprehensive income $ — The above unrealized gains and losses are reflective of market interest rates as of the respective balance sheet dates. Generally, lower long-term interest rates will result in a positive impact to comprehensive income whereas higher long-term interest rates will result in a negative impact to comprehensive income.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Leases A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. On January 1, 2019, the Company adopted ASU No. 2016-02 “Leases” (Topic 842) and all subsequent ASUs that modified Topic 842. For the Company, Topic 842 primarily affected the accounting treatment for operating lease agreements in which the Company is the lessee. Patriot has eleven non-cancelable operating leases, including four Bank branch locations and four for administrative and operational space, two locations for an Interactive Teller Machine (“ITM”) and an automated teller machine (“ATM”), and one equipment lease. The leases expire on various dates through 2032 and some include renewal options. Most of the leases contain rent escalation provisions, as well as renewal options for one or more periods. The last potential year the leases can be extended through 2037. All of our leases are classified as operating leases, and therefore, were previously not recognized on the Company’s consolidated balance sheets. With the adoption of Topic 842, operating lease agreements are required to be recognized on the consolidated balance sheets as a right-of-use (“ROU”) asset and a corresponding lease liability. Renew periods were included in the future cash flows for purposes of calculating the ROU and lease liability. The Company has no finance leases (previously referred to as a capital lease). ROU lease assets represent the Company’s right to use an underlying asset for the lease term and lease obligations represent the Company’s obligation to make lease payments arising from the lease. Operating ROU lease assets and obligations are recognized at the commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. As of December 31, 2022 and 2021, the Company recognized ROU assets of $2.2 million and $2.6 million, respectively, and lease liabilities of $2.4 million and $2.8 million, respectively. ROU lease assets are included in other assets lease liabilities Lease expense for lease payments is recognized on a straight-line basis over the lease term. Short-term leases are leases having a term of twelve months or less. The Company recognizes short-term leases on a straight-line basis and does not record a related lease asset or liability for such leases, as allowed as practical expedient of the standard. The Company elected to separate lease and non-lease components. The fixed lease costs are recognized as ROU lease assets and Lease liability. The variable lease cost primarily represents variable payments such as common area maintenance and utilities, which are included in the occupancy and equipment expenses on the consolidated statements of operations. For the year ended December 31, 2022, the fixed lease costs and variable lease costs for the non-cancelable operating leases were $582,000 and $39,000, respectively. For the year ended December 31, 2021, the fixed lease costs and variable lease costs for the non-cancelable operating leases were $571,000 and $38,000, respectively. For the year ended December 31, 2020, the fixed lease costs and variable lease costs for the non-cancelable operating leases were $565,000 and $38,000, respectively. The following is a maturity analysis of the operating lease liabilities as of December 31, 2022: (in thousands) Operating lease Years ending December 31, 2023 $ 583 2024 446 2025 329 2026 299 2027 252 Thereafter 830 Total undiscounted lease payments $ 2,739 Less imputed interest (379) Present value of operating lease liabilities $ 2,360 Operating lease right-of-use asset $ 2,223 Year Ended December 31, 2022 2021 2020 Lease cost Operating lease cost $ 582 $ 571 $ 565 Short-term lease cost 12 12 18 Total lease cost $ 594 $ 583 $ 583 Other information Operating cash flows from operating leases $ 582 $ 552 $ 543 December 31, 2022 2021 Weighted -average remaining lease term - operating leases (in years) 8 8 Weighted -average discount rate - operating leases 3.35 % 3.30 % As of December 31, 2022 and 2021, the undiscounted lease payments were $2.7 million and $3.2 million, respectively. The lease payments were not reduced by minimum sublease rentals of $964,000 and $812,000 due in the future under non-cancelable subleases, respectively. Rent expense for operating leases is recognized in earnings on a straight-line basis over the base term of the respective lease and is included in the consolidated statement of operations as a component of Occupancy and Equipment expense. For the years ended December 31, 2022, 2021 and 2020, total rent expense for cancellable and non-cancellable operating leases was $594,000, $583,000, and $583,000, respectively. For the years ended December 31, 2022, 2021 and 2020, Patriot recognized gross rental income of $566,000, $543,000, and $523,000 offset by rental costs of $5,000, $5,000, and $5,000, respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Employment Agreements The Company has a severance agreement for two Executive Vice Presidents that provides for severance equal to 12 months of current salary, if the Executive officer is terminated within 12 months of a change of control of Patriot. Legal Matters Patriot does not have any pending legal proceedings, other than ordinary routine litigation, incidental to its business, to which Patriot is a party or any of its property is subject. Management is of the opinion that the ultimate disposition of these routine legal matters will not have a material adverse effect on the consolidated financial condition, results of operations, or liquidity of Patriot.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Following is a summary of the components of the federal and state income tax expense (benefit) for each of the years in the three-year period ended December 31, 2022. (In thousands) Year Ended December 31, 2022 2021 2020 Current: Federal $ 44 $ — $ (100) State 62 180 86 106 180 (14) Deferred: Federal 1,117 1,860 (2,448) State 373 (2,121) 2,125 1,490 (261) (323) Income tax expense (benefit) $ 1,596 $ (81) $ (337) For each of the years in the three-year period ended December 31, 2022, the difference between the federal statutory income tax rate and Patriot’s effective income tax rate reconciles as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Income taxes at statutory Federal rate $ 1,629 $ 1,053 $ (873) State taxes, net of Federal benefit 343 404 (191) Project expenses for merger and acquisition (383) 383 — Deferred tax valuation allowance — (1,938) 1,938 Reversal UTP on Federal DTA — — (1,132) Nondeductible expenses (3) (10) 8 Other 10 27 (87) Income tax expense (benefit) $ 1,596 $ (81) $ (337) The effective tax rate for the years ended December 31, 2022, 2021 and 2020 was 20.6%, (1.6)%, and 8.1%, respectively. The effective tax rate for 2022 was decreased by the reversal of project expenses. The decrease in the effective tax rate for 2021 was primarily due to the full reversal of $1.9 million deferred tax asset valuation allowance recorded at December 31, 2020. There were no significant changes to the effective tax rate in 2020. Deferred Tax Assets and Liabilities The significant components of Patriot’s net deferred tax assets at December 31, 2022 and 2021 are presented below. (In thousands) December 31, 2022 2021 Deferred tax assets: Federal NOL carryforward benefit $ 3,321 $ 3,605 NOL write-off for Sec 382 Limit (3,258) (3,258) Capitalized cost temporary item 3,023 3,325 State NOL carryforward benefit 3,128 3,168 Allowance for loan loss 2,793 3,017 Lease liabilities 634 746 Non-accrual interest 907 827 Merger and acquisition 171 187 Accrued expenses 80 421 Unrealized loss AFS securities 5,440 569 Goodwill and intangible 104 137 Depreciation of premises and equipment 120 98 Share based compensation — 3 Other 25 17 Gross deferred tax assets 16,488 12,862 Total deferred tax assets $ 16,488 $ 12,862 Deferred tax liabilities: Right-of-use assets (597) (709) Prepaid Expenses (337) — Other (27) (7) Gross deferred tax liabilities (961) (716) Net deferred tax asset $ 15,527 $ 12,146 As of December 31, 2022, Patriot had available approximately $15.8 million of Federal net operating loss carryforwards (“NOL”) that is offset by $15.5 million in §382 limitations imposed by the Internal Revenue Code. Of the NOL of $15.8 million, approximately $15.5 million will expire between 2030 and 2033 and $0.3 million do not expire. Patriot has approximately $52.8 million of NOLs available for Connecticut tax purposes at December 31, 2022, which may be used to offset up to 50% of taxable income in any year. The NOLs will expire between 2030 and 2040. Valuation Allowance against net Deferred Tax Assets Patriot uses the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on temporary differences between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect on deferred tax assets and liabilities of a change in tax laws is recognized in the consolidated statements of operations in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts that are more likely than not expected to be realized based on the weighting of positive and negative evidence. Future realization of deferred tax assets ultimately depends on the existence of sufficient taxable income of the appropriate character (for example, ordinary income or capital gain) within the carryback or carryforward periods available under the applicable tax law. The Company regularly reviews the deferred tax assets for recoverability based on historical taxable income, projected future taxable income, the expected timing of the reversals of existing temporary differences and prudent and feasible tax planning strategies. The Company’s judgments regarding future profitability may change due to many factors, including future market conditions and the ability to successfully execute its business plans. Should there be a change in the ability to recover deferred tax assets, the tax provision would increase or decrease in the period in which the assessment is changed. For the year ended December 31, 2022, Patriot was in a cumulative income position. Patriot reviewed its accumulated pre-tax income (loss) for the current and prior two- and there-year periods and adjusted for non-recurring items. After the adjustments, Patriot remained in a cumulative income position. Patriot used the average adjusted pre-tax income for the current and prior three years as the basis for objectively estimating future taxable income. Patriot will continue to evaluate the need for a valuation allowances. Secondly, Patriot has a tax planning strategy available under ASC 740 that would be implemented to prevent a carry-forward state net operating losses from expiring. The strategy consists of capitalizing loan costs to increase income and avoid state net operating losses from expiring unused. As of December 31, 2021, based on Patriot’s objective projection of future taxable income and tax planning, Patriot fully reversed the partial valuation allowance of $1.9 million recorded at December 31, 2020. As of December 31, 2022, no valuation allowance was recorded. Patriot will review the valuation allowance quarterly to determine if an adjustment, to either increase or decrease, the allowance is required. Unrecognized tax benefits Patriot recognizes a benefit from its tax positions only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. As of December 31, 2022 and 2021, the Bank did not record any uncertain tax position related to the utilization of certain federal net operating losses. At December 31, 2022 and 2021, Patriot no longer has a liability for unrecognized tax benefits. Additionally, Patriot has no pending or on-going audits in any tax jurisdiction. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Balance, beginning of year $ — $ — $ 1,220 Increases due to tax positions related to a prior year — — 65 Decreases to tax positions as a result of a lapse of statute — — (1,285) Balance, end of year $ — $ — $ — The Company’s policy is to recognize interest and penalties related to income tax matters in income tax expense. Patriot’s returns for tax years 2019 through 2022 are subject to examination by the IRS for U.S. Federal tax purposes and, for State tax purposes, by the Department of Revenue Services for the State of Connecticut and the State of New York Department of Taxation and Finance.

Share-based Compensation

Share-based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Share-based Compensation	Share-based Compensation In 2011, the Company adopted the Patriot National Bancorp, Inc. 2012 Stock Plan (the “2012 Plan”). The 2012 Plan was amended in 2020 and renamed as the Patriot National Bancorp, Inc. 2020 Restricted Stock Award Plan (the “2020 Plan”). A copy of the 2020 Plan was filed as Exhibit 10.1 to the Company’s Amendment No. 1 to Annual Report on Form 10-K/A for the year ended December 31, 2020 filed on April 30, 2021. The 2020 Plan provides an incentive to directors and employees of the Company by the grant of restricted stock awards (“RSA”). On November 10, 2022, the Board of Directors approved the Amendment and Restatement of the 2020 Plan (the “Amended and Restated 2020 Plan”), which was approved and ratified by shareholders of the Company on December 14, 2022. The 2020 Plan was amended primarily to (i) reduce the total number of shares authorized for issuance thereunder from 3,000,000 shares to 400,000 shares; and (ii) limit the maximum number of shares of Company’s Common Stock granted during a single fiscal year to any non-employee director, together with any cash fees paid to such director, to be no more than a total value of $300,000. As of December 31, 2022, 224,731 shares of stock are available for issuance under the Plan. In accordance with the terms of the Plan, the vesting of RSAs may be accelerated at the discretion of the Compensation Committee of the Board of Directors. The Compensation Committee sets the terms and conditions applicable to the vesting of RSAs. RSAs granted to directors and employees generally vest in quarterly or annual installments over a three four The following is a summary of the status of the Company’s restricted share awards as of and for each of the years in the three-year period ended December 31, 2022. Number of Weighted Average Unvested at December 31, 2019 21,470 $ 12.91 Granted 12,484 $ 6.12 Vested (12,903) $ 13.82 Forfeited (2,553) $ 15.86 Unvested at December 31, 2020 18,498 $ 7.29 Granted 20,476 $ 10.48 Vested (12,920) $ 12.95 Forfeited (4,586) $ 9.39 Unvested at December 31, 2021 21,468 $ 6.48 Granted 9,886 $ 11.94 Vested (8,694) $ 11.05 Unvested at December 31, 2022 22,660 $ 7.11 The Company recognizes compensation expense for all director and employee share-based compensation awards on a straight-line basis over the requisite service period, which is equal to the vesting schedule of each award, for each vesting portion of an award equal to its grant date fair value. For the years ended December 31, 2022, 2021 and 2020, the Company recognized share-based compensation expense of $86,000, $150,000, and $159,000, respectively. For the years ended December 31, 2022, 2021 and 2020, share-based compensation attributable to employees of Patriot amounted to $32,000, $90,000, and $80,000, respectively. The share-based compensation expense attributable to Patriot’s external Directors for the years ended December 31, 2022, 2021, and 2020 was $54,000, $60,000, and $79,000, respectively. For each of those years, the Directors received total compensation of $248,000, $325,000, and $429,000, respectively, which amounts are included in Other Operating Expenses in the consolidated statements of operations.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Shareholders’ Equity	Shareholders ’ Equity Common Stock On December 16, 2009, the Company entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with PNBK Holdings, LLC, a limited liability company controlled by Michael Carrazza (“Holdings”). Pursuant to the Securities Purchase Agreement, on October 15, 2010, the Company issued 3,360,000 shares of common stock to Holdings at $15.00 per share, for an aggregate issuance value of $50.4 million. The shares issued to Holdings represented 87.6% of the Company’s then issued and outstanding common stock. In connection with the equity interest obtained by Holdings, Michael Carrazza became Patriot’s Chairman of the Board and nominees of Holdings replaced certain directors and officers who resigned. Additionally, the Company reduced the par value of its common stock from $2 to $0.01 per share, increased the number of its authorized common shares to 100,000,000. Pursuant to its Operating Agreement, on March 31, 2021, Holdings completed a pro-rata in-kind distribution of shares of restricted common stock of Patriot. Following these distributions, Holdings no longer owns any shares of Patriot. Dividends The Company did not pay any dividends for the year ended December 31, 2022, 2021, and 2020, and has suspended dividend payments. Earnings per Share The Company is required to present basic earnings per share and diluted earnings per share in its consolidated statements of operations. Basic earnings per share amounts are computed by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share reflects additional common shares that would have been outstanding if potentially dilutive common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate to the outstanding unvested RSAs granted to directors and employees. The dilutive effect resulting from these potential shares is determined using the treasury stock method. The Company is also required to provide a reconciliation of the numerator and denominator used in the computation of both basic and diluted earnings per share. The following is a summary of the computation of basic and diluted earnings per share for each of the years in the three-year period ended December 31, 2022. (Net income in thousands) Year ended December 31, 2022 2021 2020 Basic earnings (loss) per share: Net income (loss) attributable to Common shareholders $ 6,161 $ 5,094 $ (3,819) Divided by: Weighted average shares outstanding 3,957,097 3,946,384 3,934,886 Basic earnings (loss) per common share $ 1.56 $ 1.29 $ (0.97) Diluted earnings (loss) per share: Net income (loss) attributable to Common shareholders $ 6,161 $ 5,094 $ (3,819) Weighted average shares outstanding 3,957,097 3,946,384 3,934,886 Effect of potentially dilutive restricted common shares 5,801 6,270 — (1) Divided by: Weighted average diluted shares outstanding 3,962,898 3,952,654 3,934,886 Diluted earnings (loss) per common share $ 1.55 $ 1.29 $ (0.97) (1) The weighted average diluted shares outstanding does not include 3,039 anti-dilutive restricted common shares for the year ended December 31, 2020.

401(k) Savings Plan

401(k) Savings Plan	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
401(k) Savings Plan	401(k) Savings PlanPatriot offers employees participation in the Patriot Bank, N.A. 401(k) Savings Plan (the "401(k) Plan") under Section 401(k) of the Internal Revenue Code, along with the ROTH feature to the Plan. The 401(k) Plan covers substantially all employees who have completed one month of service, are 21 years of age and who elect to participate. Under the terms of the 401(k) Plan, participants can contribute up to the maximum amount allowed, subject to Federal limitations. At its discretion, Patriot may match eligible participating employee contributions at the rate of 50% of the first 6% of the participants’ salary contributed to the 401(k) Plan. Eligibility for matching contributions is dependent on an employee’s completing 6 consecutive month(s) of service or 500 hours of employment. Participants immediately vest in Patriot’s matching contributions, if applicable. During the years ended December 31, 2022, 2021, and 2020, Patriot made matching contributions to the 401(k) Plan of $251,000, $215,000, and $253,000, respectively.

Financial Instruments With Off-

Financial Instruments With Off-balance Sheet Risk	12 Months Ended
	Dec. 31, 2022
Risks and Uncertainties [Abstract]
Financial Instruments with Off-Balance-Sheet Risk	Financial Instruments with Off-Balance-Sheet Risk In the normal course of business, the Bank is a party to financial instruments with off-balance-sheet risk to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit, which involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the balance sheet. The contractual amounts of these instruments reflect the extent of involvement Patriot has in particular classes of financial instruments. The contractual amounts of commitments to extend credit and standby letters of credit represent the maximum amount of potential accounting loss should: the contract be fully drawn upon; the customer default; and the value of any existing collateral becomes worthless. Patriot applies its credit policies to entering commitments and conditional obligations and, as with its lending activities, evaluates each customer's creditworthiness on a case-by-case basis. Management believes that it effectively mitigates the credit risk of these financial instruments through its credit approval processes, establishing credit limits, monitoring the on-going creditworthiness of recipients and grantees, and the receipt of collateral as deemed necessary. At December 31, 2022 and 2021 , financial instruments with credit risk are as follows: December 31, (In thousands) 2022 2021 Commitments to extend credit: Unused lines of credit $ 100,986 $ 68,341 Undisbursed construction loans 12,000 18,594 Home equity lines of credit 26,878 16,396 Future loan commitments 14,365 23,486 Financial standby letters of credit 78 164 $ 154,307 $ 126,981 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments to extend credit generally have fixed expiration dates or other termination clauses and may require payment of a fee by the borrower. Since these commitments could expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if deemed necessary upon extending credit, is based on management's credit evaluation of the customer. Collateral held varies, but may include commercial property, residential property, deposits, and securities. The Bank has established a reserve for credit loss of $8,000 and $8,000 as of December 31, 2022 and 2021, respectively. Standby letters of credit are written commitments issued by the Bank to guarantee the performance of a customer to a third party. The credit risk involved in issuing standby letters of credit is essentially the same as that involved in extending loan facilities to customers. Guarantees that are not derivative contracts are recorded at fair value and included in the consolidated balance sheet.

Regulatory and Operational Matt

Regulatory and Operational Matters	12 Months Ended
	Dec. 31, 2022
Regulatory Capital Requirements under Banking Regulations [Abstract]
Regulatory and Operational Matters	Regulatory and Operational Matters Federal and state regulatory authorities have adopted standards requiring financial institutions to maintain increased levels of capital. Effective January 1, 2015, federal banking agencies imposed four minimum capital requirements on a community bank’s risk-based capital ratios consisting of Total Capital, Tier 1 Capital, Common Equity Tier 1 (“CET1”) Capital, and a Tier 1 Leverage Capital ratio. The risk-based capital ratios measure the adequacy of a bank's capital against the riskiness of its on- and off-balance sheet assets and activities. Failure to maintain adequate capital is a basis for "prompt corrective action" or other regulatory enforcement action. In assessing a bank's capital adequacy, regulators also consider other factors such as interest rate risk exposure, liquidity, funding and market risks, quality and level of earnings, concentrations of credit, quality of loans and investments, nontraditional activity risk, policy effectiveness, and management's overall ability to monitor and control risk. In September 2019, the community bank leverage ratio (CBLR) framework was jointly issued by the FDIC, OCC and FRB. The final rule gives qualifying community banks the option to use a simplified measure of capital adequacy instead of risk based capital, beginning with their March 31, 2020 Call Report. Under the final rule a community bank may qualify for the CBLR framework if it has a Tier 1 leverage ratio of greater than 9%, less than $10 billion in total consolidated assets, and limited amounts of off-balance sheet exposures and trading assets and liabilities. The CARES Act directed the federal banking agencies to issue an interim rule temporarily lowering the CBLR ratio to 8% which the agencies did with a transition back to 9% beginning January 1, 2022. Capital adequacy is one of the most important factors used to determine the safety and soundness of individual banks and the banking system. A community bank which meets the leverage ratio requirement, and other CBLR framework requirements will not be subject to other capital and leverage requirements and will be considered “well capitalized.” In September 2021, the Bank elected to adopt the CBLR framework. The Bank’s Tier 1 leverage ratio as of December 31, 2022 and 2021 was 9.3% and 9.9%, respectively, which satisfied the “greater than 9 percent” leverage ratio requirement under the CBLR framework. Management continuously assesses the adequacy of the Bank’s capital in order to maintain its “well capitalized” status. The Bank’s Community Bank Leverage Ratio regulatory capital amounts and ratios at December 31, 2022 and 2021 are summarized as follows: (In thousands) December 31, 2022 2021 Patriot Bank, N.A. Amount Ratio Amount Ratio Tier 1 Leverage Capital (to average assets): Actual $ 100,267 9.27 % $ 93,923 9.86 % To be Well Capitalized 97,388 9.00 % (1) $ 85,773 9.00 % (1) (1) Leverage Capital Ratio greater than 9% is considered well-capitalized under the CBLR Framework. Designation as "Well Capitalized" does not apply to bank holding companies - the Company. Such categorization of capital adequacy only applies to insured depository institutions - the Bank.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In the normal course of business, the Company grants loans to executive officers, directors and members of their immediate families, as defined, and to entities in which these individuals have more than a 10% equity ownership. No related party loans were outstanding as of December 31, 2022 and 2021. As of December 31, 2022 and 2021, deposits from related parties aggregated $64,000 and $58,000, respectively.

Fair Value and Interest Rate Ri

Fair Value and Interest Rate Risk	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value and Interest Rate Risk	Fair Value and Interest Rate Risk Patriot measures the carrying value of certain financial assets and liabilities at fair value, as required by its policies as a financial institution and by US GAAP. The carrying values of certain assets and liabilities are measured at fair value on a recurring basis, such as available-for-sale securities; while other assets and liabilities are measured at fair value on a non-recurring basis due to external factors requiring management’s judgment to estimate potential losses of value resulting in asset impairments or the establishment of valuation reserves. Measuring assets and liabilities at fair value may result in fluctuations to carrying value that have a significant impact on the results of operations or other comprehensive income for the period and period over period. Following is a detailed summary of the guidance provided by US GAAP regarding the application of fair value measurements and Patriot’s application thereof. Additionally, the following information includes detailed summaries of the effects fair value measurements have on the carrying amounts of asset and liabilities presented in the consolidated financial statements. The objective of fair value measurement is to value an asset that may be sold or a liability that may be transferred at the estimated value which might be obtained in a transaction between unrelated parties under current market conditions. US GAAP establishes a framework for measuring assets and liabilities at fair value, as well as certain financial instruments classified in equity. The framework provides a fair value hierarchy, which prioritizes quoted prices in active markets for identical assets and liabilities and minimizes unobservable inputs, which are inputs for which market data are not available and that are developed by management using the best information available to develop assumptions about the value market participants might place on the asset to be sold or liability to be transferred. The three levels of the fair value hierarchy consist of: Level 1 Unadjusted quoted market prices for identical assets or liabilities in active markets that the entity has ability to access at the measurement date (such as active exchange-traded equity securities and certain U.S. and government agency debt securities). Level 2 Observable inputs other than quoted prices included in Level 1, such as: - Quoted prices for similar assets or liabilities in active markets (such as U.S. agency and government sponsored mortgage-backed securities) - Quoted prices for identical or similar assets or liabilities in less active markets (such as certain U.S. and government agency debt securities, and corporate and municipal debt securities that trade infrequently) - Other inputs that are observable for substantially the full term of the asset or liability (i.e. interest rates, yield curves, prepayment speeds, default rates, etc.). Level 3 Valuation techniques that require unobservable inputs that are supported by little or no market activity and are significant to the fair value measurement of the asset or liability (such as pricing and discounted cash flow models that typically reflect management’s estimates of the assumptions a market participant would use in pricing the asset or liability). A description of the valuation methodologies used for assets and liabilities recorded at fair value, and for estimating fair value for financial and non-financial instruments not recorded at fair value, is set forth below. Cash and due from banks and accrued interest receivable and payable The carrying amount is a reasonable estimate of fair value and accordingly these are classified as Level 1. These financial instruments are not recorded at fair value on a recurring basis. Available-for-sale securities The fair value of securities available-for-sale (carried at fair value) are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities, but rather by relying on the securities' relationship to other benchmark quoted prices, or using unobservable inputs employing various techniques and assumptions (Level 3). Other Investments The Bank’s investment portfolio includes the Solomon Hess SBA Loan Fund, which is utilized by the Bank to satisfy its Community Reinvestment Act (“CRA”) lending requirements. As this fund operates as a private fund, shares in the fund are not publicly traded but may be redeemed with 60 days’ notice at cost. For that reason, the carrying amount was considered comparable to fair value at both December 31, 2022 and 2021 due to its short-term nature. Federal Reserve Bank Stock and Federal Home Loan Bank Stock Shares in the FRB and FHLB are purchased and redeemed based upon their $100 par value. The stocks are non-marketable equity securities, and as such, are considered restricted securities that are carried at cost. Loans The fair value of loans are estimated by discounting the future cash flows using the rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. We estimate the fair value of our loan portfolio using an exit price notion. The exit price notion requires determination of the price at which willing market participants would transact at the measurement date under current market conditions depending on facts and circumstances, such as origination rates, credit risk, transaction costs, liquidity, national and regional market trends and other adjustments, utilizing publicly available rates and indices. The application of an exit price notion requires the use of significant judgment. Loans Held for Sale The fair value of loans held for sale is estimated by using a market approach that includes prices for loans sold awaiting settlement and other observable inputs. The Company has determined that the inputs used to value the loans held for sale fall within Level 2 of the fair value hierarchy. SBA Servicing Asset Servicing assets do not trade in an active, open market with readily observable prices. The Company estimates the fair value of servicing assets using discounted cash flow models incorporating numerous assumptions from the perspective of a market participant including market discount rates and prepayment speeds. Due to the significant unobservable input related to the servicing rights, the SBA servicing asset is classified within Level 3 of the valuation hierarchy. Derivative asset (liability) - Interest Rate Swaps The Company’s derivative assets and liabilities consist of transactions as part of management’s strategy to manage interest rate risk. The valuation of interest rate swap agreements does not contain any counterparty risk. The valuation of the Company’s interest rate swaps is obtained from a third-party pricing service and is determined using a discounted cash flow analysis on the expected cash flows of each derivative. The pricing analysis is based on observable inputs for the contractual terms of the derivatives, including the period to maturity and interest rate curves. The Company has determined that the inputs used to value its interest rate derivatives fall within Level 2 of the fair value hierarchy. See Notes 1 and 11 for additional disclosures on derivatives. Deposits The fair value of demand deposits, regular savings and certain money market deposits is the amount payable on demand at the reporting date. The fair value of certificates of deposit and other time deposits is estimated using a discounted cash flow calculation that applies interest rates currently being offered for deposits of similar remaining maturities, estimated using local market data, to a schedule of aggregated expected maturities on such deposits. Patriot does not record deposits at fair value on a recurring basis. Senior Notes, Subordinated Notes, Junior Subordinated Debt and Note Payable Patriot does not record senior notes at fair value on a recurring basis. The fair value of the senior notes was estimated by discounting future cash flows at rates at which similar notes would be made. The carrying value is considered comparable to fair value. Patriot does not record subordinated notes at fair value on a recurring basis. The fair value of the subordinated notes was estimated by discounting future cash flows at rates at which similar notes would be made. The carrying value is considered comparable to fair value. Patriot does not record junior subordinated debt at fair value on a recurring basis. Junior subordinated debt reprices quarterly, as a result, the carrying amount is considered a reasonable estimate of fair value. The Company considers its own credit worthiness in determining the fair value of its senior Notes, subordinated notes, notes payable and junior subordinated debt. Federal Home Loan Bank Borrowings The fair value of FHLB advances is estimated using a discounted cash flow calculation that applies current FHLB interest rates for advances of similar maturity to a schedule of maturities of such advances. Patriot does not record FHLB advances at fair value on a recurring basis. Off-balance-sheet financial instruments Off-balance-sheet financial instruments are based on interest rate changes and fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The off-balance-sheet financial instruments (i.e., commitments to extend credit) are insignificant and are not recorded on a recurring basis. The following table provides a comparison of the carrying amounts and estimated fair values of Patriot’s financial assets and liabilities as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Fair Value Carrying Estimated Carrying Estimated Financial Assets: Cash and noninterest bearing balances due from banks Level 1 $ 5,182 $ 5,182 $ 3,264 $ 3,264 Interest-bearing deposits due from banks Level 1 33,311 33,311 43,781 43,781 Available-for-sale securities Level 2 75,093 75,093 81,161 81,161 Available-for-sale securities Level 3 9,427 9,427 13,180 13,180 Other investments Level 2 4,450 4,450 4,450 4,450 Federal Reserve Bank stock Level 2 2,627 2,627 2,843 2,843 Federal Home Loan Bank stock Level 2 3,874 3,874 4,184 4,184 Loans receivable, net Level 3 838,006 818,960 729,583 727,733 Loans held for sale Level 2 5,211 5,534 3,129 3,506 SBA servicing assets Level 3 886 1,013 584 617 Accrued interest receivable Level 2 7,267 7,267 5,822 5,822 Interest rate swap receivable Level 2 203 203 738 738 Financial assets, total $ 985,537 $ 966,941 $ 892,719 $ 891,279 Financial Liabilities: Demand deposits Level 2 $ 269,636 $ 269,636 $ 226,713 $ 226,713 Savings deposits Level 2 71,002 71,002 109,744 109,744 Money market deposits Level 2 211,000 211,000 164,518 164,518 Negotiable order of withdrawal accounts Level 2 34,440 34,440 34,741 34,741 Time deposits Level 2 225,670 221,353 195,830 195,048 Brokered deposits Level 1 48,698 47,684 17,016 17,003 FHLB borrowings Level 2 85,000 83,853 90,000 93,643 Senior notes Level 2 11,640 11,103 12,000 12,045 Subordinated debt Level 2 9,840 9,680 9,811 9,947 Junior subordinated debt owed to unconsolidated trust Level 2 8,128 8,128 8,119 8,119 Note payable Level 3 585 544 791 775 Accrued interest payable Level 2 585 585 343 343 Interest rate swap liability Level 2 203 203 738 738 Financial liabilities, total $ 976,427 $ 969,211 $ 870,364 $ 873,377 The carrying amount of cash and non-interest-bearing balances due from banks, interest-bearing deposits due from banks, and demand deposits approximates fair value, due to the short-term nature and high turnover of these balances. These amounts are included in the table above for informational purposes. In the normal course of its operations, Patriot assumes interest rate risk (i.e., the risk that general interest rate levels will fluctuate). As a result, the fair value of Patriot’s financial assets and liabilities are affected when interest market rates change, which change may be either favorable or unfavorable. Management attempts to mitigate interest rate risk by matching the maturities of its financial assets and liabilities. However, borrowers with fixed rate obligations are less likely to prepay their obligations in a rising interest rate environment and more likely to prepay their obligations in a falling interest rate environment. Conversely, depositors receiving fixed rates are more likely to withdraw funds before maturity in a rising interest rate environment and less likely to do so in a falling interest rate environment. Management monitors market rates of interest and the maturities of its financial assets and financial liabilities, adjusting the terms of new loans and deposits in an attempt to minimize interest rate risk. Additionally, management mitigates its overall interest rate risk through its available funds investment strategy. The following tables detail the financial assets measured at fair value on a recurring basis and the valuation techniques utilized relative to the fair value hierarchy, as of December 31, 2022 and 2021. (In thousands) Quoted Prices in Significant Significant Total December 31, 2022: U. S. Government agency and mortgage-backed securities $ — $ 59,046 $ — $ 59,046 Corporate bonds — 5,228 9,427 14,655 Subordinated notes — 4,602 — 4,602 SBA loan pools — 5,718 — 5,718 Municipal bonds — 499 — 499 Available-for-sale securities $ — $ 75,093 $ 9,427 $ 84,520 Interest rate swap receivable $ — $ 203 $ — $ 203 Interest rate swap liability $ — $ 203 $ — $ 203 December 31, 2021: U. S. Government agency and mortgage-backed securities $ — $ 66,629 $ — $ 66,629 Corporate bonds — 3,741 13,180 16,921 Subordinated notes — 4,626 — 4,626 SBA loan pools — 5,603 — 5,603 Municipal bonds — 562 — 562 Available-for-sale securities $ — $ 81,161 $ 13,180 $ 94,341 Interest rate swap receivable $ — $ 738 $ — $ 738 Interest rate swap liability $ — $ 738 $ — $ 738 Patriot measures certain financial assets and financial liabilities at fair value on a non-recurring basis. When circumstances dictate (e.g., impairment of long-lived assets, other than temporary impairment of collateral value), the carrying values of such financial assets and financial liabilities are adjusted to fair value or fair value less costs to sell, as may be appropriate. As of December 31, 2022, four corporate bonds purchased in 2021, were classified as Level 3 instruments. The fair values of these securities were determined using a present value approach. The discount rate assumed was determined based on unobservable inputs in a pricing model. During the years ended December 31, 2022, 2021 and 2020, the Company had no transfers into or out of Levels 1, 2 or 3. The reconciliation of the beginning and ending balances for Level 3 available-for-sale securities for the years ended December 31, 2022 and 2021 is as follows: (In thousands) Year Ended December 31, 2022 2021 Level 3 fair value, beginning of year $ 13,180 $ — Purchases — 14,000 Realized gain (loss) — — Unrealized loss (3,753) (820) Transfers in and /or out of Level 3 — — Level 3 fair value, end of year $ 9,427 $ 13,180 The table below presents the valuation methodology and unobservable inputs for level 3 assets measured at fair value on a non-recurring basis as of December 31, 2022 and 2021: (In thousands) Fair Value Valuation Unobservable Inputs Range of Inputs December 31, 2022: Impaired loans, net $ 12,873 Real Estate Appraisals Discount for appraisal type 5.8% - 20% SBA servicing assets 1,013 Discounted Cash Flows Market discount rates 14.73% - 14.90% December 31, 2021: Impaired loans, net $ 20,920 Real Estate Appraisals Discount for appraisal type 5.8% - 20% SBA servicing assets 617 Discounted Cash Flows Market discount rates 14.73 % - 14.90 % Patriot discloses fair value information about financial instruments, whether or not recognized in the consolidated balance sheet, for which it is practicable to estimate that value. Certain financial instruments are excluded from disclosure requirements and, accordingly, the aggregate fair value amounts presented do not necessarily represent the complete underlying value of financial instruments included in the consolidated financial statements. The estimated fair value amounts have been measured as of December 31, 2022 and 2021 and have not been reevaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates. As such, the estimated fair values of the financial instruments measured may be different than if they had been subsequently valued. The information presented should not be interpreted as an estimate of the total fair value of Patriot’s assets and liabilities, since only a portion of Patriot’s assets and liabilities are required to be measured at fair value for financial reporting purposes. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between Patriot’s fair value disclosures and those of other bank holding companies may not be meaningful.

Parent Company-only Financial S

Parent Company-only Financial Statements	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Parent Company-only Financial Statements	Parent Company-only Financial Statements The following represent the condensed stand-alone financial statements of the Company, which is the sole owner and parent company of the Bank, its operating bank subsidiary. CONDENSED BALANCE SHEETS December 31, 2022 and 2021 (In thousands) As of December 31, 2022 2021 ASSETS Cash and due from banks $ 11 $ 377 Investment in subsidiary 89,533 96,799 Other assets 50 149 Total assets $ 89,594 $ 97,325 LIABILITIES AND SHAREHOLDERS' EQUITY Borrowings $ 29,608 $ 29,930 Accrued expenses and other liabilities 403 51 Shareholders' equity 59,583 67,344 Total liabilities and shareholders' equity $ 89,594 $ 97,325 CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME Years Ended December 31, 2022, 2021 and 2020 (In thousands) Year ended December 31, 2022 2021 2020 Expenses: Interest on subordinated debt $ 1,078 $ 941 $ 1,001 Interest on senior debt 866 913 915 Total interest expense 1,944 1,854 1,916 Other expenses 87 173 159 Loss before benefit for income taxes 2,031 2,027 2,075 Benefit for income taxes (550) (540) (532) Loss before equity in undistributed net income of subsidiary 1,481 1,487 1,543 Equity in undistributed net income (loss) of subsidiary 7,642 6,581 (2,276) Net income (loss) 6,161 5,094 (3,819) Equity in subsidiary other comprehensive loss, net of subsidiary (14,008) (1,119) (115) Total comprehensive (loss) income $ (7,847) $ 3,975 $ (3,934) CONDENSED STATEMENTS OF CASH FLOWS Years Ended December 31, 2022, 2021 and 2020 (In thousands) Year ended December 31, 2022 2021 2020 Cash Flows from Operating Activities: Net income (loss) $ 6,161 $ 5,094 $ (3,819) Adjustments to reconcile net income to net cash used in operating activities: Equity in undistributed net income (loss) of subsidiary (7,642) (6,581) 2,276 Dividends received from Patriot Bank, N.A. 900 500 2,000 Share-based compensation expense 86 150 159 Amortization of debt issuance costs 38 111 112 Change in assets and liabilities: Decrease (increase) in other assets 99 955 (540) Decrease in accrued expenses and other liabilities (8) (399) (315) Net cash used in operating activities (366) (170) (127) Cash Flows from Investing Activities: Net (increase) decrease in investment in Patriot Bank N.A. — (1) 8 Net cash (used in) provided by investing activities — (1) 8 Cash Flows from Financing Activities: Proceeds from issuance of senior notes 12,000 — — — Repayments of senior notes (12,000) — — — Net cash used in financing activities — — — Net decrease in cash and cash equivalents (366) (171) (119) Cash and cash equivalents at beginning of year $ 377 $ 548 $ 667 Cash and cash equivalents at end of year $ 11 $ 377 $ 548 Supplemental Disclosures of Cash Flow Information: Cash paid for interest $ 1,897 $ 1,570 $ 1,776 Supplemental Disclosure of Non-cash Activity: Deferred debt issuance costs $ 360 $ — $ —

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventOn March 10, 2023, Silicon Valley Bank Santa Clara, CA was closed by the California Department of Financial Protection & Innovation which appointed the Federal Deposit Insurance Corporation (FDIC) as Receiver. To protect depositors, on March 13, 2023, the FDIC transferred all the deposits, both insured and uninsured, of Silicon Valley Bank to Silicon Valley Bridge Bank, N.A. a full-service 'bridge bank' that will be operated by the FDIC as it markets the institution to potential bidders. The initial FDIC actions created concerns among depositors, investors, and other bank stakeholders that the banking system could be subject to an overall drain on liquidity. The Company has no current direct investment in or contractual relationships with Silicon Valley Bank or its holding company.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Principles of consolidation	Principles of consolidation and basis of financial statement presentation The consolidated financial statements include the accounts of Patriot, and the Bank's wholly owned subsidiaries, PinPat Acquisition Corporation and have been prepared in conformity with US GAAP. All significant intercompany balances and transactions have been eliminated.
Basis of financial statement presentation	Principles of consolidation and basis of financial statement presentation The consolidated financial statements include the accounts of Patriot, and the Bank's wholly owned subsidiaries, PinPat Acquisition Corporation and have been prepared in conformity with US GAAP. All significant intercompany balances and transactions have been eliminated.
Cash and cash equivalents	Cash and cash equivalents Patriot considers all short-term, highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Cash and due from banks, federal funds sold, and short-term investments are recognized as cash equivalents in the consolidated balance sheets. Patriot maintains amounts due from banks which, at times, may exceed federally insured limits. Patriot has not experienced any losses from such concentrations.
Federal Reserve Bank and Federal Home Loan Bank stock	Federal Reserve Bank and Federal Home Loan Bank stock The Bank is required to maintain an investment in capital stock of the Federal Home Loan Bank of Boston (“FHLB-B”), as collateral, in an amount equal to a percentage of its outstanding mortgage loans and loans secured by residential properties, including mortgage-backed securities. Additionally, the Bank is required to maintain an investment in the capital stock of the Federal Reserve Bank (“FRB”), as collateral, in an amount equal to one percent of six percent of the Bank’s total equity capital as per its latest Report of Condition (“Call Report”) filed with the Federal Deposit Insurance Corporation. The FRB requires that one-half of the investment in its stock be funded currently, with the remaining amount subject to call when deemed necessary by the FRB Board of Governors. Shares in the FHLB-B and FRB are purchased and redeemed based upon their $100 par value. The stocks are non-marketable equity securities, and as such, are considered restricted securities that are carried at cost, and evaluated for impairment in accordance with relevant accounting guidance. In accordance with this guidance, the stocks’ values are determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as: (a) the significance of any decline in net assets of the FHLB-B or FRB, as applicable, compared to its capital stock amount, and the length of time this situation has persisted; (b) commitments by either the FHLB-B or FRB to make payments required by law or regulation and the level of such payments in relation to their operating performance; (c) the potential impact of any legislative or regulatory changes; and (d) the regulatory capital ratios and liquidity position of the FHLB-B or FRB, as applicable.
Investment Securities	Investment Securities Management determines the appropriate classification of securities at the date individual investment securities are acquired, and the appropriateness of such classification is reassessed at each balance sheet date. Debt securities, if any, that management has the positive intent and ability to hold to maturity are classified as “held to maturity” and are recorded at amortized cost. “Trading” securities, if any, are carried at fair value with unrealized gains and losses recognized in earnings. Securities classified as “available-for-sale” are recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), net of taxes. Purchase premiums and discounts are recognized in interest income using the interest method of accounting, in order to achieve a constant effective yield over the contractual term of the securities. Patriot conducts a quarterly review and evaluation of the securities portfolio to determine if a decline in the fair value of any security below its cost basis is an other-than-temporary impairment (“OTTI”). Our evaluation of OTTI considers the duration and severity of the impairment, our intent to hold the securities, whether or not we will be required to sell the securities, and our assessments of the reason for the decline in value and the likelihood of a near-term recovery. If such decline is deemed to be an OTTI, the security is written down to its fair value, which becomes its new cost basis, and the resulting loss is charged to earnings as a component of non-interest income. Other than the credit loss portion, OTTI on a debt security that we have the intent and ability to hold until recovery of its amortized cost is recognized in other comprehensive income/loss, net of applicable taxes. The credit loss portion of OTTI (i.e., any losses resulting from an inability to collect on the instrument) is charged against earnings. Securities transactions are recorded on the trade date. Realized gains and losses on the sale of securities are determined using the specific identification method, recorded on the trade date, and reported in non-interest income for the period.
Loans receivable	Loans receivable Loans that Patriot has the intent and ability to hold until maturity or for the foreseeable future generally are reported at their outstanding unpaid principal balances adjusted for deferred costs, an allowance for loan and lease losses, if any, and any unamortized discount, premium and deferred fees. Interest income is accrued based on unpaid principal balances. Loan application fees are reported as non-interest income, while other certain direct origination costs, or for purchased loans, any discounts or premiums are deferred and amortized to interest income as a level yield adjustment over the respective term of the loan. Loans are placed on non-accrual status or charged off when collection of principal or interest is considered doubtful. The accrual of interest on loans is discontinued no later than when the loan is 90 days past due for payment, unless the loan is well secured and in process of collection. Consumer installment loans are typically charged off no later than when they become 180 days past due. Past due status is based on the contractual terms of the loan. Accrued uncollected interest income on loans that are placed on non-accrual status or have been charged off is reversed against interest income. Interest income on such non-performing loans is accounted for on the cash-basis of accounting until qualifying for return to accrual status. Any cash received on non-accrual or charged off loans is first applied against unpaid and past-due principal and then to interest, unless the loan is in a cure period. If in a cure period, and management believes there will be a loss, cash receipts are applied to principal until the balance at risk and collateral value, if any, is equal to the amount management believes will ultimately be collected. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. The interest on these loans is accounted for on the cash-basis method until qualifying for return to accrual status. Patriot’s real estate loans are collateralized by real estate located principally in Fairfield and New Haven Counties in Connecticut, and Westchester County and New York City in New York. Accordingly, the ultimate collectability of a substantial portion of Patriot’s loan portfolio is susceptible to regional real estate market conditions. A loan is considered impaired when, based on current information and events, it is probable that Patriot will be unable to collect the scheduled payments of principal or interest when due, according to the loan’s contractual terms. Factors considered by management in determining impairment include payment status and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and shortfalls generally are not classified as impaired. Management determines the significance of payment delays and shortfalls on a case-by-case basis, taking into consideration the circumstances contributing to the borrower’s loan performance issues, including the length of the delay, the reasons for the delay, the borrower’s prior payment history, and the amount of the shortfall in relation to the principal and interest owed. For commercial and real estate loans, impairment is measured for each individual loan based on the present value of the expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or, for collateral dependent loans, the fair value of the collateral less applicable selling costs. Impaired loans also include loans modified in troubled debt restructurings (“TDR”), where concessions have been granted to borrowers experiencing financial difficulties. These concessions could include a reduction in the interest rate on the loan, payment or maturity date extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. TDRs are generally placed on non-accrual status until the loan qualifies for return to accrual status. Loans qualify for return to accrual status once they have demonstrated compliance with the restructured terms of the loan agreement and have performed for a minimum of six months. Lower balance lending arrangements, such as consumer installment loans, are evaluated for impairment by pooling the loans into homogenous groupings. Accordingly, Patriot does not separately identify individual consumer installment loans for impairment, unless such loans are individually evaluated for impairment due to financial difficulties of the borrower.
Acquired Loans	Acquired Loans Acquired loans are initially recorded at their acquisition date fair values. The carryover of allowance for loan and lease losses is prohibited as any credit losses in the acquired loans are included in the determination of the fair value of the loans at the acquisition date. Fair values for acquired loans are based on a discounted cash flow methodology that involves assumptions and judgments as to credit risk, prepayment risk, liquidity risk, default rates, loss severity, payment speeds, collateral values and discount rate.
Acquired Impaired Loans- Purchase Credit Impaired “PCI” Loans	Acquired Impaired Loans- Purchase Credit Impaired “PCI” Loans Acquired loans that exhibit evidence of deterioration in credit quality since origination and for which it is probable, at acquisition, that the Company will be unable to collect all contractually required payments are accounted for as PCI loans under Accounting Standards Codification (“ASC”) 310-30. The excess of undiscounted cash flows expected at acquisition over the estimated fair value is referred to as the accretable discount and is accreted into interest income over the remaining life of the loans using the interest method. The difference between contractually required payments at acquisition and the undiscounted cash flows expected to be collected at acquisition is referred to as the non-accretable discount. The non-accretable discount represents estimated future credit losses and other contractually required payments that the Company does not expect to collect. Subsequent decreases in expected cash flows are recognized as impairments through a charge to the provision for loan losses resulting in an increase in the allowance for loan and lease losses. Subsequent improvements in expected cash flows result in a recovery of previously recorded allowance for loan and lease losses or a reversal of a corresponding amount of the non-accretable discount, which the Company then reclassifies as an accretable discount that is accreted into interest income over the remaining life of the loans using the interest method. PCI loans are initially measured at fair value, which includes estimated future credit losses expected to be incurred over the life of the loan. Accordingly, the associated allowance for credit losses related to these loans is not carried over at the acquisition date. Acquired loans that met the criteria for non-accrual of interest prior to acquisition were not considered performing upon acquisition. When the customers resume payments, to make the nonaccrual loans current, the loans may return to accrual status, including the impact of any accretable discounts, if the Company can reasonably estimate the timing and amount of the expected cash flows on such loans and if the Company expects to fully collect the new carrying value of the loans.
Acquired Non-impaired Loans	Acquired Non-impaired Loans Acquired loans that do not meet the requirements under ASC 310-30 are considered acquired non-impaired loans. The difference between the acquisition date fair value and the outstanding balance represents the fair value adjustment for a loan and includes both credit and interest rate considerations. Fair value adjustments may be discounts (or premiums) to a loan’s cost basis and are accreted (or amortized) to net interest income (or expense) over the loan’s remaining life in accordance with ASC 310-20. Fair value adjustments for revolving loans are accreted (or amortized) using a straight-line method. Term loans are accreted (or amortized) using the constant effective yield method. Subsequent to the purchase date, the methods used to estimate the allowance for loan and lease losses for the acquired non-impaired loans are consistent with the policy for allowance for loan and lease losses described below.
Allowance for loan and lease losses	Allowance for loan and lease losses The allowance for loan and lease losses (“ALLL”) is regularly evaluated by management, based upon the nature and volume of the loan portfolio, periodic review of loan collectability using historical experience rates, adverse situations potentially affecting individual borrowers’ ability to repay, the estimated value of any underlying collateral, and prevailing economic conditions on overall segments of the loan portfolio. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The non-specific ALLL by loan segment is calculated using a systematic methodology, consisting of a quantitative and qualitative analytical component, applied on a quarterly basis to homogeneous loans. The model is comprised of six distinct loan portfolio segments: Commercial Real Estate, Residential Real Estate, Commercial and Industrial, Consumer and Other, Construction, and Construction to Permanent – Commercial Real Estate (“Construction to permanent – CRE”). Management monitors a distinct set of risk characteristics for each loan segment. Additionally, management assesses and monitors risk and performance on a disaggregated basis, including an internal risk rating system for loans included in the Commercial loan segment and analyzing the type of collateral, lien position, and loan-to-value (i.e., LTV) ratio for loans included in the Consumer loan segment. Management’s ALLL process first applies historical loss rates to pools of loans with homogeneous risk characteristics. Loss rates are calculated by historical charge-off rates that have occurred within each pool of homogenous loans over its loss emergence period (“LEP”). The LEP is an estimate of the average amount of time from the point at which a loan loss is incurred to the point in time at which the loan loss is confirmed. In general, the LEP will be shorter in an economic slowdown or recession and longer during times of economic stability or growth, when adverse conditions are not generally applicable across a class of borrowers and individual customers are better able to manage deteriorating conditions. Another key assumption is the look-back period (“LBP”), which represents the historical data period utilized to calculate loss rates. A three-year LBP is used for each loan segment, in order to capture relevant historical data believed to reflect losses inherent in the loan segment portfolios. After considering the historic loss calculations, management applies additional qualitative adjustments to the ALLL to reflect the inherent risk of loss that exists in the loan portfolio at the balance sheet date. Qualitative adjustments are made based upon changes in economic conditions, loan portfolio and asset quality data, and credit process changes, such as credit policies or underwriting standards. Evaluation of the ALLL requires considerable judgment, to adequately estimate and provide for the risk of loss inherent in the loan portfolio segments. Qualitative adjustments are aggregated into nine categories described in the Interagency Policy Statement (“Interagency Statement”) issued by the bank regulators. Within the statement, the following qualitative factors are considered: • Changes in lending policies and procedures, including underwriting standards, collection, charge-off, and recovery practices not considered elsewhere in estimating credit losses; • Changes in international, national, regional, and local economic and business conditions and developments that affect the collectability of the loan portfolio, including the condition of various market segments; • Changes in the nature and volume of the loan portfolio and terms of loans; • Changes in the experience, ability and depth of lending management and staff; • Changes in the volume and loss severity of past due loans, the volume of non-accrual loans, and the volume and loss severity of adversely classified or graded loans; • Changes in the quality of the loan review system; • Changes in the value of the underlying collateral for collateral-dependent loans; • The existence and effect of any concentrations of credit and changes in the level of such concentrations; • The effect of other external factors such as competition and legal and regulatory requirements on the level of estimated credit losses in our current loan portfolio. Patriot provides for loan losses by consistently applying the documented ALLL methodology. Loan losses are charged to the allowance as incurred and recoveries are credited to the ALLL. Additions to the ALLL are charged against income, based on various factors which, in management’s judgment, deserve current recognition in estimating probable losses. Loan losses are charged-off in the period the loans, or portions thereof, are deemed uncollectible. Generally, Patriot will record a loan charge-off (including a partial charge-off) to reduce a loan to the estimated fair value of the underlying collateral, less costs to sell, for collateral dependent loans. Subsequent recoveries, if any, are credited to the ALLL. Patriot regularly reviews the loan portfolio and makes adjustments for loan losses, in order to maintain the allowance for loan and lease losses in accordance with US GAAP. The allowance for loan and lease losses consists primarily of the following three components: (1) Allowances are established for impaired loans (generally defined by Patriot as non-accrual loans, troubled debt restructured loans, and loans that were previously classified as troubled debt restructurings but have been upgraded). The amount of impairment provided as an allowance is represented by the deficiency, if any, between the present value of expected future cash flows discounted at the loan’s original effective interest rate or the underlying collateral value, less estimated costs to sell, if the loan is collateral dependent, and the carrying value of the loan. Impaired loans that have no discounted cash flow or collateral deficiency, if applicable, are not considered for general valuation allowances described below. (2) General allowances are established for loan losses on a portfolio basis for loans that do not meet the definition of impaired. The portfolio is grouped into homogeneous risk characteristics, primarily loan type. Management applies an estimated loss rate to each pool of homogeneous loans. The loss rates applied are based on Patriot’s three-year loss LBP adjusted, as appropriate, for the factors discussed above. The evaluation is inherently subjective, as it requires material estimates that may be susceptible to significant revision based on changes in economic and real estate market conditions. Actual loan losses may be more or less than the ALLL management established which could have an effect on Patriot’s financial results. In addition, a risk rating system is utilized to evaluate the general component of the ALLL. Under this system, management assigns risk ratings between one and eleven. Risk ratings are assigned based upon the recommendation of the credit analyst and the originating loan officer. The risk ratings are reviewed and confirmed by the management loan committee of the Board of Directors (the “Loan Committee”). Risk ratings are established at the initiation of transactions and are reviewed and changed, when necessary, during the life of the loan. Loans assigned a risk rating of six or above are monitored more closely by the credit administration officers and the Loan Committee. (3) An unallocated component of the ALLL is considered when necessary to cover uncertainties that could affect management's estimate of probable losses. The unallocated component of the ALLL reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies applied to estimating specific and general losses in the loan portfolio. In underwriting a loan secured by real property, a property appraisal is required to be performed by an independent licensed appraiser that has been approved by Patriot’s Board of Directors. Appraisals are subject to review by independent third parties hired by Patriot. All appraisals are reviewed by qualified independent parties to the firm preparing the appraisals. Generally, management obtains updated appraisals when a loan is deemed impaired. These appraisals may be more limited than those prepared for the underwriting of a new loan. Additionally, the Bank hires an outside engineering consultant perform the inspection on properties and Management reviews and inspection reports before disbursing funds, during the term of a construction loan. The Bank further segmented its loan pools by Pass, Special Mention, and Substandard risk ratings and assigned additional risk premiums to each group. The qualitative and economic factors for all of the pools and subsegments were also evaluated, with Pass loans receiving adjustments to reflect their credit profile relative to the non-impaired criticized assets. These adjustments generally flow through the qualitative factors addressing severity of past due loans and other similar conditions and the nature and volume of the portfolio and terms of the loans. The Bank’s SBA loan portfolio consists of the unguaranteed portion of certain C&I and Owner-Occupied CRE loans. An additional risk premium was assigned to those loans due to their risk parameters and profile, including higher historical loss rates (based on historical SBA data) than the rest of the C&I and Owner-Occupied CRE portfolio. Acquired loans are marked to fair value on the date of acquisition and are evaluated on a quarterly basis to ensure the necessary purchase accounting updates are made in parallel with the allowance for loan loss calculation. Acquired loans that have been renewed since acquisition are included in the allowance for loan loss calculation since these loans have been underwritten to the Bank’s guidelines. Acquired loans that have not been renewed since acquisition, or that have a PCI mark, are excluded from the allowance for loan loss calculation. While Patriot uses the best information available to evaluate the ALLL, future adjustments to the ALLL may be necessary if conditions differ or substantially change from the information used in making the evaluation. In addition, as an integral part of its regulatory examination process, the OCC will periodically review the ALLL. The OCC may require Patriot to adjust the ALLL based on its analysis of information available at the time of its examination. As discussed further in the section titled “Accounting Standards Issued but not yet adopted”, the current ALLL methodology will be replaced by the measurement of losses under a current expected cumulative loss (CECL) model beginning January 1, 2023 in accordance with new accounting standard ASU 2016-13.
Transfers of financial assets	Transfers of financial assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from Patriot -- put presumptively beyond the reach of Patriot and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and no condition both constrains the transferee from taking advantage of that right and provides more than a trivial benefit for Patriot, and (3) Patriot does not maintain effective control over the transferred assets through either (a) an agreement that both entitles and obligates it to repurchase or redeem the assets before maturity or (b) the ability to unilaterally cause the holder to return specific assets, other than through a cleanup call.
Loans Held for Sale	Loans Held for Sale Loans held for sale represent the guaranteed portion of SBA loans and are reflected at the lower of aggregate cost or market value. Patriot originates loans to customers under the SBA program that historically has provided for SBA guarantees of 75% of the principal balance of each loan. As a result of the pandemic, in 2021, the SBA increased the guaranteed percentage to 90% during one of the rounds of stimulus. As of October 1, 2021, the guaranteed percentage reverted back to 75% of the loan. Patriot generally sells the guaranteed portion of its SBA loans to a third party and retains the servicing, holding the unguaranteed portion in its portfolio. The amount of loan origination fees is included in the carrying value of loans sold and in the calculation of the gain or loss on the sale. When sales of SBA loans do occur, the premium received on the sale and the present value of future cash flows of the servicing assets, less the discount of the retained portion of the loan are recognized in income. All criteria for sale accounting must be met in order for the loan sales to occur; see details under the “Transfers of Financial Assets” heading above.
Servicing Assets	Servicing Assets Servicing assets represent the estimated fair value of retained servicing rights, net of servicing costs, at the time loans are sold. Servicing assets are amortized in proportion to, and over the period of, estimated net servicing revenues. Impairment is evaluated based on stratifying the underlying financial assets by date of origination and term. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Any impairment, if temporary, would be reported as a valuation allowance.
Other real estate owned	Other real estate owned Assets acquired through, loan foreclosure or in lieu of, are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. In addition, when Patriot acquires other real estate owned (“OREO”), it obtains a current appraisal to substantiate the net carrying value of the asset. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in the results of operations. Costs relating to the development and improvement of the property are capitalized, subject to the limit of fair value of the collateral. Gains or losses are included in non-interest expenses upon disposal. Write-downs of foreclosed properties that are required upon transfer to OREO are charged to the ALLL. Thereafter, an allowance for OREO losses is established for any further declines in the property’s value. These losses are included in non-interest expenses in the consolidated statements of operations.
Premises and equipment	Premises and equipment Premises and equipment are stated at cost, net of accumulated depreciation and amortization. Leasehold improvements are capitalized and amortized over the shorter of the terms of the related leases or the estimated economic lives of the improvements. Depreciation is charged to operations for buildings, furniture, equipment and software using the straight-line method over the estimated useful lives of the related assets which range from three
Impairment of long-lived assets	Impairment of long-lived assets Long-lived assets, which are held and used, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If impairment is indicated by that review, the asset is written down to its estimated fair value through a charge to non-interest expense.
Intangible Assets	Intangible Assets Intangible assets include core deposit intangibles (“CDI”) and goodwill arising from acquisitions. The initial and ongoing carrying value of intangible assets is based upon modeling techniques that require management to make estimates regarding the amount and timing of expected future cash flows. It also requires use of a discount rate that reflects the current return requirements of the market in relation to present risk-free interest rates, required equity market premiums, peer volatility indicators, and company-specific risk indicators. CDI is amortized on straight-line basis over a 10-year period because that is managements’ estimate of the period Patriot will benefit from Prime Bank’s deposit base comprised of funds associated with long-term customer relationships. CDI is evaluated for impairment whenever events or changes in circumstances indicate that its carrying amount may not be recoverable, with any changes in estimated useful life accounted for prospectively over the revised remaining life. The Company evaluates goodwill for impairment on an annual basis, or more often if events or circumstances indicate there may be impairment. The annual impairment test is conducted annually as of October 31, or whenever certain triggering events occur or there are circumstances that would more likely than not reduce the fair value of the reporting unit below its carrying amount are identified. Management estimates the fair value of the reporting unit by considering multiple valuation techniques, which include subjective assumptions about the future cash flows of the Company, assumptions within the capitalization rate, valuation multiples, and market data used. The fair value of each reporting unit is compared to the carrying amount of such reporting unit in order to determine if impairment is indicated.
Derivatives	Derivatives Derivatives are recognized at fair value and included in other assets and other liabilities in the accompanying consolidated balance sheets. The value of exchange-traded contracts is based on quoted market prices while non-exchange traded contracts are valued based on dealer quotes, pricing models, discounted cash flow methodologies, or similar techniques for which the determination of fair value may require management judgment or estimation, relating to future rates and credit activities. Cash flows from derivative financial instruments are included in net cash provided by operating activities in the accompanying consolidated statements of cash flows. Derivatives Not Designated in Hedge Relationships: Patriot enters into interest rate swap agreements (“swaps”), to provide a facility to mitigate for the borrower the fluctuations in the variable rate on the respective loan. The customer swaps are simultaneously hedged by offsetting derivatives that Patriot entered into with an outside third party. The swaps are reported at fair value in other assets or other liabilities. These swaps qualify as derivatives, but are not designated as hedging instruments, thus any net gain or loss resulting from changes in the fair value is recognized in other non-interest income. The credit risk associated with derivatives executed with customers is similar as that involved in extending loans and is subject to normal credit policies. Collateral is obtained based on management’s assessment of the customer. The positions of customer derivatives are recorded at fair value and changes in value are included in non-interest income on the consolidated statement of operations. Derivatives Designated in Hedge Relationships: The Company uses derivatives to hedge exposures, or to modify interest rate characteristics, for certain balance sheet accounts under its interest rate risk management strategy. The Company designates derivatives in qualifying hedge relationships as cash flow hedges for accounting purposes. Derivative financial instruments receive hedge accounting treatment if they are qualified and properly designated as a hedge and remain highly effective in offsetting changes in the cash flows attributable to the risk being hedged both at hedge inception and on an ongoing basis throughout the life of the hedge. Quarterly prospective and retrospective assessments are performed to ensure hedging relationships continue to be highly effective. If a hedge relationship were no longer highly effective, hedge accounting would be discontinued. The gain or loss on a derivative designated and qualifying as a cash flow hedge is initially recorded as a component of accumulated other comprehensive income or loss, net of tax and subsequently reclassified to interest income as hedged interest payments are received or to interest expense as hedged interest payments are made in the same period during which the hedged transaction affects earnings.
Income taxes	Income taxes Patriot recognizes income taxes under the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the estimated tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and loss carry forwards. Deferred tax assets (“DTA”s) and liabilities (“DTL”s) are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on DTAs and DTLs of a change in tax rates is recognized in income in the period that includes the enactment date. In certain circumstances DTAs are subject to reduction by a valuation allowance. A valuation allowance is subject to ongoing adjustment based on changes in circumstances that affect management’s judgment about the realizability of the deferred tax asset. Adjustments to increase or decrease the valuation allowance are charged or credited to the deferred tax component of the income tax provision or benefit. Patriot evaluates its ability to realize its net deferred tax assets on a quarterly basis. In doing so, management considers all available evidence, both positive and negative, to determine whether it is more likely than not that the deferred tax assets will be realized. In addition, management assesses tax attributes including available tax planning strategies and net operating loss carry-forwards that do not begin to expire until the year 2030. As of December 31, 2022, no valuation allowance was recorded. See Note 14 for more information on the deferred tax valuation allowance. Management will continue to evaluate its ability to realize the net deferred tax asset. Future evidence may indicate that it is more likely than not that a portion of the net deferred tax asset will not be realized at which point the valuation allowance may need to be increased. Patriot had a net deferred tax asset of $15.5 million at December 31, 2022 as compared to a net deferred tax asset of $12.1 million at December 31, 2021. On March 27, 2020, the CARES Act was signed into law. The CARES Act includes provisions relating to refundable payroll tax credits, deferment of the employer portion of certain payroll taxes, net operating loss carryback periods, and modifications to the net interest deduction limitations. The CARES Act did not have a material impact on the Company’s income taxes or related disclosures.
Unrecognized tax benefits	Unrecognized tax benefits Patriot recognizes a benefit from its tax positions only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. Patriot’s returns for tax years 2019 through 2022 are subject to examination by the Internal Revenue Service (“IRS”) for U.S. Federal tax purposes and, for State tax purposes, by the Department of Revenue Services for the State of Connecticut and the State of New York Department of Taxation and Finance. As of December 31, 2022 and 2021, the Bank did not record any uncertain tax position (“UTP”). Additionally, Patriot has no pending or on-going audits in any tax jurisdiction. The Company’s policy is to recognize interest and penalties related to income tax matters in income tax expense.
Earnings per Share	Earnings per Share Basic earnings per share represent earnings accruing to common shareholders and are computed by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share reflects additional common shares that would have been outstanding if potentially dilutive securities had been converted to common stock, as well as any adjustments to earnings resulting from the assumed conversion, unless such effect is anti-dilutive. Potential common shares that may be issued by Patriot include any unvested restricted stock awards, stock options, and stock warrants and are determined using the treasury stock method.
Share-based compensation plan	Share-based compensation plan Incentive and compensatory share-based compensation granted to employees is accounted for at the grant date fair value of the award and recognized in the results of operations as compensation expense with an off-setting entry to equity on a straight-line basis over the requisite service period, which is the vesting period. Non-employee members of the Board of Directors are treated as employees for any share-based compensation granted in exchange for their service on the Board of Directors. Patriot does not currently have, nor has it had in the past, any grants of share-based compensation to non-employees. However, should such awards exist in the future, the value of the goods or services received shall be measured at the grant date fair value of the award or the goods or services to be received, if determined to be a more reliable measurement of fair value. A liability will be recognized for the award, which will periodically be adjusted to reflect the then current fair value, and compensation expense will be recognized over the requisite period during which the goods or services are received, so that the fair value at the date of settlement is the compensation expense recognized. three four
Comprehensive income	Comprehensive income Accounting principles generally require that recognized revenues, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of shareholders' equity in the consolidated balance sheets, such items, along with net income, are components of comprehensive income.
Segment reporting	Segment reporting Patriot’s only business segment is Community Banking. During the years ended December 31, 2022, 2021 and 2020, this segment represented all the revenues and income of Patriot.
Reserve for Unfunded Commitments	Reserve for Unfunded Commitments The reserve for unfunded commitments provides for probable losses inherent with funding the unused portion of legal commitments to lend. The unfunded reserve calculation includes factors that are consistent with the ALLL methodology for our loan portfolio as well as a draw down factor applied to the various commitments. The reserve for unfunded commitments is included within other liabilities in the accompanying consolidated balance sheets, and changes in the reserve are reported as a component of other expenses in the accompanying consolidated statements of operations. See Note 18: Financial Instruments with Off-Balance-Sheet Risk for further information.
Related Party Transactions	Related Party Transactions Directors and officers of the Company and their affiliates have been customers of and have had transactions with the Company, and it is expected that such people will continue to have such transactions in the future. Management believes that all deposit accounts, loans, services and commitments comprising such transactions were made in the ordinary course of business, on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other customers who are not directors or officers. In the opinion of management, the transactions with related parties did not involve more than normal risks of collectability, nor favored treatment or terms, nor present other unfavorable features. See Note 20: Related Party Transactions for further information.
Fair value	Fair value Patriot uses fair value measurements to record adjustments to the carrying amounts of certain assets and liabilities. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in certain instances, there are no quoted market prices for certain assets or liabilities. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate sale or settlement of the asset or liability, respectively. Provided in these notes to the consolidated financial statements is a detailed summary of Patriot’s application of fair value measurements and the effect on the assets and liabilities presented in the consolidated financial statements.
Advertising Costs	Advertising Costs Patriot's policy is to expense advertising costs in the period in which they are incurred.
Project expenses	Project expenses Project expenses represent non-recurring expenses, primarily legal and consulting not directly related to the core business of Community Banking. The project expenses consist of material non-recurring costs related to the previously planned merger with American Challenger in 2021 and 2022. However, the merger was terminated in July 2022. In 2020, the project expenses consist of an adjustment of goodwill after measurement period of the Prime acquisition in May 2018.
Employee Retention Tax Credit	Employee Retention CreditThe CARES Act also provided for an employee retention credit (“Employee Retention Credit”), which is a refundable tax credit against certain employment taxes of up to $5,000 per employee for eligible employers for 2020. In 2021, the tax credit is up to $7,000 for each quarter, equal to 70% of qualified wages paid to employees during a quarter, capped at $10,000 of qualified wages per employee per quarter. The Company adopted a policy to recognize the employee retention credit when earned and to recognize the credit as a reduction to compensation and benefits expense on the Company’s consolidated statements of operations.
Revenue Recognition	Revenue Recognition ASC 606, Revenue from Contracts with Customers ("ASC 606"), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity's contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The majority of our revenue-generating transactions are not subject to ASC 606, including revenue generated from financial instruments, such as our loans, letters of credit, derivatives and investment securities, as well as revenue related to our mortgage servicing activities, as these activities are subject to other GAAP discussed elsewhere within our disclosures. Descriptions of our revenue-generating activities that are within the scope of ASC 606, which are presented in our income statements as components of non-interest income are as follows: • Service charges on deposit accounts - these represent general service fees for monthly account maintenance and activity- or transaction-based fees and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Revenue is recognized when our performance obligation is completed, which is generally monthly for account maintenance services or when a transaction has been completed (such as a wire transfer). Payment for such performance obligations are generally received at the time the performance obligations are satisfied.
Recently Adopted and Issued Accounting Standards	Recently Adopted and Issued Accounting Standards Accounting Standards Adopted During 2022 There were no applicable material accounting pronouncements adopted by the Company during 2022. Accounting Standards Issued But Not Yet Adopted ASU 2016-13 In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses: Measurement of Credit Losses on Financial Instruments . The ASU changes the methodology for measuring credit losses on financial instruments measured at amortized cost to a current expected loss (“CECL”) model. Under the CECL model, entities will estimate credit losses over the entire contractual term of a financial instrument from the date of initial recognition of the instrument. The ASU also changes the existing impairment model for available-for-sale debt securities. In cases where there is neither the intent nor a more-likely-than-not requirement to sell the debt security, an entity will record credit losses as an allowance rather than a direct write-down of the amortized cost basis. Additionally, ASU 2016-13 notes that credit losses related to available-for-sale debt securities and purchased credit impaired loans should be recorded through an allowance for credit losses. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted for fiscal years beginning after December 15, 2018. In November 2019, the FASB issued ASU 2019-10, which amends the effective date of ASC 326 for smaller reporting companies, as defined by the SEC, and other non-SEC reporting entities, and delays the effective date to fiscal years beginning after December 31, 2022, including interim periods within those fiscal periods. As the Company is a small reporting company, the delay was applicable to the Company. Upon adoption on January 1, 2023, the Company will record a pre-tax adjustment in the range of $2.0 million to $4.0 million to the allowance for loan losses and a pre-tax adjustment in the range of $0.5 million to $1.0 million to reserve for unfunded commitments (which will be reflected in other liabilities on the Company’s consolidated balance sheets), and a cumulative-effect adjustment to increase the opening balance of accumulated deficit of $1.8 million to $3.7 million. These impacts will be reflected in the Company's first quarter 2023 financial statements. ASU Update 2020-02 In January 2020, the FASB issued ASU No. 2020-02, “ Financial Instruments - Credit Losses (Topic 326) and Leases (Topic 842): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 119 and Update to SEC Section on Effective Date Related to Accounting Standards Update No. 2016-02, Leases (Topic 842). ” This ASU adds and amends SEC paragraphs in the Accounting Standards Codification to reflect the issuance of SEC Staff Accounting Bulletin No. 119, related to the new credit losses standard, and comments by the SEC staff related to the revised effective date of the new leases standard. This ASU is effective upon issuance. See the discussion regarding the adoption of ASU 2016-13 above. ASU Update 2020-03 In March 2020, the FASB issued ASU No. 2020-3, “ Codification Improvements to Financial Instruments. ” This ASU clarifies various financial instruments topics, including the CECL standard issued in 2016. Amendments related to ASU 2016-13 for entities that have not yet adopted that guidance are effective upon adoption of the amendments in ASU 2016-13. Early adoption is not permitted before an entity’s adoption of ASU 2016-13. Other amendments are effective upon issuance of this ASU. See the discussion regarding the adoption of ASU 2016-13 above. ASU 2022-02 In March 2022, the FASB issued ASU No. 2022-02, "Financial Instruments — Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures" . ASU 2022-02 updates guidance in Topic 326, to eliminate the accounting guidance for TDRs by creditors in Subtopic 310-40, Receivables—Troubled Debt Restructurings by Creditors, while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty and to require entities to disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments—Credit Losses—Measured at Amortized Cost. ASU 2022-02 is effective for fiscal years beginning after December 15, 2022, with early adoption permitted. if an entity has adopted the amendments in Update 2016-03, including adoption in an interim period. The adoption of this guidance will not have a material impact on the Company's consolidated financial statements. See the discussion regarding the adoption of ASU 2016-13 above. ASU 2022-06 On December 21, 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848) “Deferral of the Sunset Date of Topic 848” This ASU defers the sunset date of the temporary, optional expedients related to the accounting for contract modifications and hedging transactions as a result of the anticipated transition away from the use of LIBOR and other interbank offered rates to alternative reference rates. In response to the United Kingdom’s Financial Conduct Authority's extension of the cessation date of LIBOR in the United States to June 30, 2023, the FASB has deferred the expiration date of these optional expedients to December 31, 2024. The ASU became effective upon issuance and affords the Company an extended period to utilize the currently available optional expedients related to the accounting for contract modifications and hedging transactions as a result of the anticipated transition away from the use of LIBOR and other inter-bank offered rates. The adoption of this guidance will not have a material impact on the Company's consolidated financial statements.

Available-for-sale securities (

Available-for-sale securities (Tables)	12 Months Ended
	Dec. 31, 2022
Investments [Abstract]
Available-for-sale Securities	At December 31, 2022 and 2021, the amortized cost, gross unrealized gains, gross unrealized losses and approximate fair value of available-for-sale securities was as follows: (In thousands) Amortized Gross Gross Fair December 31, 2022: U. S. Government agency and mortgage-backed securities $ 73,480 $ — $ (14,434) $ 59,046 Corporate bonds 19,773 7 (5,125) 14,655 Subordinated notes 5,000 — (398) 4,602 SBA loan pools 6,791 — (1,073) 5,718 Municipal bonds 561 — (62) 499 105,605 7 (21,092) 84,520 December 31, 2021: U. S. Government agency and mortgage-backed securities $ 67,850 $ 24 $ (1,245) $ 66,629 Corporate bonds 17,754 118 (951) 16,921 Subordinated notes 4,608 35 (17) 4,626 SBA loan pools 5,772 — (169) 5,603 Municipal bonds 563 1 (2) 562 $ 96,547 $ 178 $ (2,384) $ 94,341
Schedule of Unrealized Loss on Investments	The following table presents available-for-sale securities’ gross unrealized losses and fair value, aggregated by the length of time the individual securities have been in a continuous loss position as of December 31, 2022 and 2021: (In thousands) Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2022: U. S. Government agency and mortgage-backed securities $ 11,126 $ (633) $ 47,920 $ (13,801) $ 59,046 $ (14,434) Corporate bonds 1,959 (64) 10,934 (5,061) 12,893 (5,125) Subordinated notes 4,602 (398) — — 4,602 (398) SBA loan pools 1,437 (12) 4,280 (1,061) 5,717 (1,073) Municipal bonds — — 498 (62) 498 (62) $ 19,124 $ (1,107) $ 63,632 $ (19,985) $ 82,756 $ (21,092) December 31, 2021: U. S. Government agency and mortgage-backed securities $ 60,606 $ (1,196) $ 1,610 $ (49) $ 62,216 $ (1,245) Corporate bonds 15,042 (951) — — 15,042 (951) Subordinated notes — — 1,092 (17) 1,092 (17) SBA loan pools 5,603 (169) — — 5,603 (169) Municipal bonds 406 (2) — — 406 (2) $ 81,657 $ (2,318) $ 2,702 $ (66) $ 84,359 $ (2,384)
Investments Classified by Contractual Maturity Date	The following summarizes, by class and contractual maturity, the amortized cost and estimated fair value of available-for-sale debt securities held at December 31, 2022 and 2021. The mortgages underlying the mortgage-backed securities are not due at a single maturity date. Additionally, these mortgages often are and generally may be pre-paid without penalty, creating a degree of uncertainty that such investments can be held until maturity. For convenience, mortgage-backed securities have been included in the summary as a separate line item. (In thousands) Amortized Cost Fair Value Due Due After Due Total Due Due After Due Total December 31, 2022: Corporate bonds $ 3,778 $ 15,995 $ — $ 19,773 $ 3,721 $ 10,934 $ — $ 14,655 Subordinated notes 3,000 2,000 — 5,000 2,830 1,772 — 4,602 SBA loan pools — 1,449 5,342 6,791 — 1,438 4,280 5,718 Municipal bonds 154 407 — 561 139 360 — 499 Available-for-sale securities with stated maturity dates 6,932 19,851 5,342 32,125 6,690 14,504 4,280 25,474 U. S. Government agency and mortgage-backed securities — 5,276 68,204 73,480 — 4,129 54,917 59,046 $ 6,932 $ 25,127 $ 73,546 $ 105,605 $ 6,690 $ 18,633 $ 59,197 $ 84,520 December 31, 2021: Corporate bonds $ 17,754 $ — $ — $ 17,754 $ 16,921 $ — $ — $ 16,921 Subordinated notes — 4,608 — 4,608 — 4,626 — 4,626 SBA loan pools — — 5,772 5,772 — — 5,603 5,603 Municipal bonds — 563 — 563 — 562 — 562 Available-for-sale securities with stated maturity dates 17,754 5,171 5,772 28,697 16,921 5,188 5,603 27,712 U. S. Government agency and mortgage-backed securities 13,876 — 53,974 67,850 13,835 — 52,794 66,629 $ 31,630 $ 5,171 $ 59,746 $ 96,547 $ 30,756 $ 5,188 $ 58,397 $ 94,341

Loans Receivables and Allowan_2

Loans Receivables and Allowance for Loan and Lease Losses (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Schedule of Loans Receivable	As of December 31, 2022 and 2021, loans receivable, net, consisted of the following: December 31, (In thousands) 2022 2021 Loan portfolio segment: Commercial Real Estate $ 437,443 $ 365,247 Residential Real Estate 124,140 158,591 Commercial and Industrial 138,787 122,810 Consumer and Other 141,091 59,364 Construction 4,922 21,781 Construction to Permanent - CRE 1,933 11,695 Loans receivable, gross 848,316 739,488 Allowance for loan and lease losses (10,310) (9,905) Loans receivable, net $ 838,006 $ 729,583
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule	A summary of changes in the accretable discount for PCI loans for the year ended December 31, 2020 follows: (In thousands) Year Ended December 31, 2020 Accretable discount, beginning of period $ (47) Accretion 2 Other changes, net 45 Accretable discount, end of period $ —
Allowance for Credit Loss	The following tables summarize the activity in the allowance for loan and lease losses, allocated to segments of the loan portfolio, for each year in the three-year period ended December 31, 2022: (In thousands) Commercial Residential Commercial Consumer Construction Construction to Unallocated Total As of and for the year ended December 31, 2022 Allowance for loan and lease losses: December 31, 2021 $ 5,063 $ 1,700 $ 2,532 $ 253 $ 78 $ 41 $ 238 $ 9,905 Charge-offs — — (70) (1,690) (68) — — (1,828) Recoveries 154 4 69 121 — — — 348 Provisions (credits) 1,749 (1,039) (1,128) 2,523 14 (31) (203) 1,885 December 31, 2022 $ 6,966 $ 665 $ 1,403 $ 1,207 $ 24 $ 10 $ 35 $ 10,310 As of and for the year ended December 31, 2021 Allowance for loan and lease losses: December 31, 2020 $ 4,485 $ 1,379 $ 3,284 $ 295 $ 739 $ 162 $ 240 $ 10,584 Charge-offs (51) (3) (212) (23) (69) — — (358) Recoveries — 3 65 111 — — — 179 Provisions (credits) 629 321 (605) (130) (592) (121) (2) (500) December 31, 2021 $ 5,063 $ 1,700 $ 2,532 $ 253 $ 78 $ 41 $ 238 $ 9,905 As of and for the year ended December 31, 2020 Allowance for loan and lease losses: December 31, 2019 $ 3,789 $ 1,038 $ 4,340 $ 341 $ 477 $ 130 $ — $ 10,115 Charge-offs (1,032) (24) (677) (45) — — — (1,778) Recoveries — 1 70 6 — — — 77 Provisions (credits) 1,728 364 (449) (7) 262 32 240 2,170 December 31, 2020 $ 4,485 $ 1,379 $ 3,284 $ 295 $ 739 $ 162 $ 240 $ 10,584 The following tables summarize, by loan portfolio segment, the amount of loans receivable evaluated individually and collectively for impairment as of December 31, 2022 and 2021: (In thousands) Commercial Residential Commercial Consumer Construction Construction to Unallocated Total December 31, 2022 Allowance for loan and lease losses: Individually evaluated for impairment $ 5,430 $ 5 $ 608 $ — $ — $ — $ — $ 6,043 Collectively evaluated for impairment 1,536 660 795 1,207 24 10 35 4,267 Total allowance for loan and lease losses $ 6,966 $ 665 $ 1,403 $ 1,207 $ 24 $ 10 $ 35 $ 10,310 Loans receivable, gross: Individually evaluated for impairment $ 11,241 $ 2,508 $ 4,653 $ 514 $ — $ — $ — $ 18,916 Collectively evaluated for impairment 426,202 121,632 134,134 140,577 4,922 1,933 — 829,400 Total loans receivable, gross $ 437,443 $ 124,140 $ 138,787 $ 141,091 $ 4,922 $ 1,933 $ — $ 848,316 (In thousands) Commercial Residential Commercial Consumer Construction Construction to Unallocated Total December 31, 2021 Allowance for loan and lease losses: Individually evaluated for impairment $ 1,567 $ 3 $ 722 $ — $ — $ — $ — $ 2,292 Collectively evaluated for impairment 3,496 1,697 1,810 253 78 41 238 7,613 Total allowance for loan losses $ 5,063 $ 1,700 $ 2,532 $ 253 $ 78 $ 41 $ 238 $ 9,905 Loans receivable, gross: Individually evaluated for impairment $ 15,704 $ 2,954 $ 4,031 $ 523 $ — $ — $ — $ 23,212 Collectively evaluated for impairment 349,543 155,637 118,779 58,841 21,781 11,695 — 716,276 Total loans receivable, gross $ 365,247 $ 158,591 $ 122,810 $ 59,364 $ 21,781 $ 11,695 $ — $ 739,488
Financing Receivable, Past Due	The following tables summarize performing and non-performing (i.e., non-accruing) loans receivable by portfolio segment, by aging category, by delinquency status as of December 31, 2022. (In thousands) Performing (Accruing) Loans As of December 31, 2022: 30 - 59 60 - 89 90 Days Total Current Total Non- Loans Loan portfolio segment: Commercial Real Estate: Pass $ — $ — $ — $ — $ 401,313 $ 401,313 $ — $ 401,313 Special mention — — — — 24,559 24,559 — 24,559 Substandard 330 — — 330 — 330 11,241 11,571 330 — — 330 425,872 426,202 11,241 437,443 Residential Real Estate: Pass 330 — — 330 120,715 121,045 — 121,045 Special mention — — — — 625 625 — 625 Substandard — — — — — — 2,470 2,470 330 — — 330 121,340 121,670 2,470 124,140 Commercial and Industrial: Pass 2 — 230 232 131,092 131,324 — 131,324 Special mention — — — — 597 597 — 597 Substandard 1,488 412 — 1,900 133 2,033 4,833 6,866 1,490 412 230 2,132 131,822 133,954 4,833 138,787 Consumer and Other: Pass 929 3,175 925 5,029 135,990 141,019 — 141,019 Substandard — — — — 23 23 49 72 929 3,175 925 5,029 136,013 141,042 49 141,091 Construction: Pass 895 — — 895 3,503 4,398 — 4,398 Special mention — — — — 524 524 — 524 895 — — — — — 895 — 4,027 — 4,922 — 4,922 Construction to Permanent -CRE: Pass — — — — 1,933 1,933 — 1,933 — — — — 1,933 1,933 — 1,933 Total $ 3,974 $ 3,587 $ 1,155 $ 8,716 $ 821,007 $ 829,723 $ 18,593 $ 848,316 Loans receivable, gross: Pass 2,156 3,175 1,155 6,486 794,546 801,032 — 801,032 Special mention — — — — 26,305 26,305 — 26,305 Substandard 1,818 412 — 2,230 156 2,386 18,593 20,979 Loans receivable, gross $ 3,974 $ 3,587 $ 1,155 $ 8,716 $ 821,007 $ 829,723 $ 18,593 $ 848,316 The following tables summarize performing and non-performing (i.e., non-accruing) loans receivable by portfolio segment, by aging category, by delinquency status as of December 31, 2021. (In thousands) Performing (Accruing) Loans As of December 31, 2021: 30 - 59 Days 60 - 89 Days 90 Days Total Current Total Non-accruing Loans Loan portfolio segment: Commercial Real Estate: Pass $ 696 $ — $ — $ 696 $ 324,858 $ 325,554 $ — $ 325,554 Special mention — — — — 16,625 16,625 — 16,625 Substandard — — — — 7,364 7,364 15,704 23,068 696 — — 696 348,847 349,543 15,704 365,247 Residential Real Estate: Pass — — — — 154,044 154,044 — 154,044 Special mention — — — — 1,399 1,399 — 1,399 Substandard — — — — — — 3,148 3,148 — — — — 155,443 155,443 3,148 158,591 Commercial and Industrial: Pass 243 — — 243 114,306 114,549 — 114,549 Special mention — — — — 1,951 1,951 — 1,951 Substandard — — — — 2,209 2,209 4,101 6,310 243 — — 243 118,466 118,709 4,101 122,810 Consumer and Other: Pass — 26 2 28 59,171 59,199 — 59,199 Substandard — — — — 23 23 142 165 — 26 2 28 59,194 59,222 142 59,364 Construction: Pass — — — — 21,781 21,781 — 21,781 — — — — 21,781 21,781 — 21,781 Construction to Permanent - CRE: Pass — — — — 11,695 11,695 — 11,695 — — — — 11,695 11,695 — 11,695 Total $ 939 $ 26 $ 2 $ 967 $ 715,426 $ 716,393 $ 23,095 $ 739,488 Loans receivable, gross: Pass $ 939 $ 26 $ 2 $ 967 $ 685,855 $ 686,822 $ — $ 686,822 Special mention — — — — 19,975 19,975 — 19,975 Substandard — — — — 9,596 9,596 23,095 32,691 Loans receivable, gross $ 939 $ 26 $ 2 $ 967 $ 715,426 $ 716,393 $ 23,095 $ 739,488
Financing Receivable, Nonaccrual	The following tables summarize non-performing (i.e., non-accruing) loans by aging category and status, within the applicable loan portfolio segment as of December 31, 2022 and 2021: (In thousands) Non-accruing Loans 30 - 59 60 - 89 90 Days or Total Current Total As of December 31, 2022: Loan portfolio segment: Commercial Real Estate: Substandard $ — $ — $ 11,241 $ 11,241 $ — $ 11,241 Residential Real Estate: Substandard 657 — 1,796 2,453 17 2,470 Commercial and Industrial: Substandard 46 395 3,196 3,637 1,196 4,833 Consumer and Other: Substandard — — 27 27 22 49 Total non-accruing loans $ 703 $ 395 $ 16,260 $ 17,358 $ 1,235 $ 18,593 As of December 31, 2021: Loan portfolio segment: Commercial Real Estate: Substandard $ — $ — $ 15,704 $ 15,704 $ — $ 15,704 Residential Real Estate: Substandard — — 2,419 2,419 729 3,148 Commercial and Industrial: Substandard — 491 2,458 2,949 1,152 4,101 Consumer and Other: Substandard — 94 28 122 20 142 Total non-accruing loans $ — $ 585 $ 20,609 $ 21,194 $ 1,901 $ 23,095
Financing Receivable, Troubled Debt Restructuring	The following table summarizes the recorded investment in TDRs as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Loan portfolio segment: Number of Recorded Number of Recorded Commercial Real Estate 1 $ 8,806 1 $ 8,884 Residential Real Estate 3 814 3 870 Consumer and Other 2 537 3 640 Total TDR Loans 6 10,157 7 10,394 Less: TDRs included in non-accrual loans 2 (9,464) 3 (9,688) Total accrual TDR Loans 4 $ 693 4 $ 706 The following loans were modified as TDR during the year ended December 31, 2020. Outstanding Recorded Investment (In thousands) Pre-Modification Post-Modification Year Ended December 31, 2020 2020 2020 Loan portfolio segment: Commercial Real Estate 2 $ 822 $ 819 Commercial and Industrial 1 4,000 4,000 Consumer and Other 3 413 414 Total TDR Loans 6 $ 5,235 $ 5,233 The following table provides information on how loans were modified as TDRs during the year ended December 31, 2020. (In thousands) Year Ended December 31, 2020 Rate reduction $ 4,819 Extension of interest only period 121 Payment deferral 293 Total $ 5,233
Impaired Financing Receivables	The following table reflects information about the impaired loans by class as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Recorded Principal Related Recorded Principal Related With no related allowance recorded: Commercial Real Estate $ 2,435 $ 2,428 $ — $ 6,820 $ 7,776 $ — Residential Real Estate 2,402 2,224 — 2,847 2,763 — Commercial and Industrial 1,939 2,424 — 630 758 — Consumer and Other 514 514 — 523 523 — 7,290 7,590 — 10,820 11,820 — With a related allowance recorded: Commercial Real Estate $ 8,806 $ 8,656 $ 5,430 $ 8,884 $ 8,811 $ 1,567 Residential Real Estate 223 221 6 461 488 8 Commercial and Industrial 2,895 3,052 609 3,471 3,916 723 Consumer and Other 73 74 — 166 201 1 11,997 12,003 6,045 12,982 13,416 2,299 Impaired Loans, Total: Commercial Real Estate $ 11,241 $ 11,084 $ 5,430 $ 15,704 $ 16,587 $ 1,567 Residential Real Estate 2,625 2,445 6 3,308 3,251 8 Commercial and Industrial 4,834 5,476 609 4,101 4,674 723 Consumer and Other 587 588 — 689 724 1 Impaired Loans, Total $ 19,287 $ 19,593 $ 6,045 $ 23,802 $ 25,236 $ 2,299 For each year in the three-year period ended December 31, 2022, the average recorded investment in and interest income recognized on impaired loans without and with a related allowance, by loan portfolio segment, was as follows: Year Ended December 31, (In thousands) 2022 2021 2020 Average Interest Average Interest Average Interest With no related allowance recorded: Commercial Real Estate $ 6,621 $ 87 $ 7,636 $ 103 $ 5,859 $ 39 Residential Real Estate 3,452 34 4,014 51 3,681 28 Commercial and Industrial 565 63 2,548 12 2,111 79 Consumer and Other 342 23 702 16 1,132 47 10,980 207 14,900 182 12,783 193 With a related allowance recorded: Commercial Real Estate $ 7,096 $ 113 $ 8,869 $ 66 $ 8,861 $ 35 Residential Real Estate 518 8 428 21 34 7 Commercial and Industrial 3,365 29 2,239 126 — — Consumer and Other 342 4 106 7 39 — 11,321 154 11,642 220 8,934 42 Impaired Loans, Total: Commercial Real Estate $ 13,717 $ 200 $ 16,505 $ 169 $ 14,720 $ 74 Residential Real Estate 3,970 42 4,442 72 3,715 35 Commercial and Industrial 3,930 92 4,787 138 2,111 79 Consumer and Other 684 27 808 23 1,171 47 Impaired Loans, Total $ 22,301 $ 361 $ 26,542 $ 402 $ 21,717 $ 235

Loans Held for Sale (Tables)

Loans Held for Sale (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Servicing Asset at Amortized Cost	The following table presents an analysis of the activity in the SBA servicing assets for the years ended December 31, 2022, 2021 and 2020: (In thousands) Year Ended December 31, 2022 2021 2020 Beginning balance $ 584 $ 316 $ 201 Servicing rights capitalized 400 335 137 Servicing rights amortized (87) (22) (22) Servicing rights disposed (11) (45) — Ending balance $ 886 $ 584 $ 316

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Premises and Equipment	At December 31, 2022 and 2021, premises and equipment consisted of the following: (In thousands) December 31, 2022 2021 Land $ 12,819 $ 12,819 Buildings 19,046 19,046 Leasehold Improvements 3,058 3,058 Furniture, equipment, and software 12,674 12,264 Construction-in-progress 69 65 Premises and equipment, gross 47,666 47,252 Accumulated depreciation and amortization (17,025) (15,752) Premises and equipment, net $ 30,641 $ 31,500

Other Real Estate Owned ("OREO"

Other Real Estate Owned ("OREO") (Tables)	12 Months Ended
	Dec. 31, 2022
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Other Real Estate	The following table presents an analysis of the activity in OREO for the years ended December 31, 2022, 2021 and 2020: (In thousands) Year Ended December 31, 2022 2021 2020 Beginning balance $ — $ 1,906 $ 2,400 Additions — — — Sold — (1,906) (446) Write-downs — — (48) Ending balance $ — $ — $ 1,906

Business Combination, Goodwil_2

Business Combination, Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Goodwill	Information on goodwill for the year ended December 31, 2022, 2021 and 2020 is as follows: Year Ended December 31, (In thousands) 2022 2021 2020 Balance, beginning of period $ 1,107 $ 1,107 $ 1,107 Balance, end of period $ 1,107 $ 1,107 $ 1,107
Schedule of Acquired Finite-Lived Intangible Assets by Major Class	The table below provides information regarding the carrying amounts and accumulated amortization of amortized intangible assets as of the dates set forth below. (In thousands) As of December 31, 2022 2021 Gross carrying amount $ 748 $ 748 Accumulated amortization (293) (246) Impairment (206) (206) Net carrying amount $ 249 $ 296

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2022
Statistical Disclosure for Banks [Abstract]
Deposit Liabilities, Type	The following table presents the balance of deposits held, by category, and the related weighted average stated interest rate as of December 31, 2022 and 2021. December 31, 2022 December 31, 2021 (In thousands) Balance Weighted Avg. Balance Weighted Avg. Non-interest bearing $ 269,636 — $ 226,713 — Interest bearing: Negotiable order of withdrawal accounts 34,440 0.07 % 34,741 0.07 % Savings 71,002 0.61 % 109,744 0.13 % Money market 211,000 1.38 % 164,518 0.23 % Certificates of deposit, less than $250,000 165,793 1.72 % 142,246 0.35 % Certificates of deposit, $250,000 or greater 59,877 1.72 % 53,584 0.40 % Brokered deposits 48,698 2.07 % 17,016 1.05 % Interest bearing, Total 590,810 1.40 % 521,849 0.27 % Total Deposits $ 860,446 0.96 % $ 748,562 0.19 %
Schedule of Interest Expenses on Deposits Liabilities Type	The following table presents interest expense, by deposit category, and the related weighted average effective interest rate for each of the years in the three-year period ended December 31, 2022. (In thousands) Year ended December 31, 2022 2021 2020 Interest Weighted Interest Weighted Interest Weighted Negotiable order of withdrawal accounts $ 23 0.07 % $ 24 0.07 % $ 23 0.07 % Savings 1,028 1.02 % 238 0.22 % 426 0.54 % Money market 1,973 1.09 % 449 0.30 % 1,451 1.05 % Certificates of deposit, less than $250,000 1,411 0.79 % 899 0.61 % 3,227 1.75 % Certificates of deposit, $250,000 or greater 400 0.68 % 270 0.49 % 1,188 1.95 % Brokered deposits 465 1.39 % 363 1.83 % 2,839 1.88 % $ 5,300 0.93 % $ 2,243 0.43 % $ 9,154 1.43 %
Contractual Obligation, Fiscal Year Maturity	As of December 31, 2022, contractual maturities of Certificates of Deposit (“CDs”) and brokered deposits are summarized as follows: (In thousands) CDs CDs Brokered Total 1 year or less $ 119,299 $ 49,789 $ 43,589 $ 212,677 More than 1 year through 2 years 22,200 7,581 4,609 34,390 More than 2 years through 3 years 11,588 2,507 500 14,595 More than 3 years through 4 years 1,051 — — 1,051 More than 4 years through 5 years 11,655 — — 11,655 $ 165,793 $ 59,877 $ 48,698 $ 274,368

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt	At December 31, 2022, the contractual maturities of the Company’s borrowings in future periods were as follows: (In thousands) Year ending December 31, FHLB Senior Subordinated Junior Note Total 2023 $ 55,000 $ — $ — $ — $ 210 $ 55,210 2024 30,000 — — — 375 30,375 2025 — — — — — — 2026 — 12,000 — — — 12,000 2027 — — — — — — Thereafter — — 10,000 8,248 — 18,248 Total contractual maturities of borrowings 85,000 12,000 10,000 8,248 585 115,833 Unamortized debt issuance costs — (360) (160) (120) — (640) Balance of borrowings as of December 31, 2022 $ 85,000 $ 11,640 $ 9,840 $ 8,128 $ 585 $ 115,193

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents summary information regarding these derivatives for the periods presented (dollars in thousands): (In thousands) Notional Maturity Fixed Rate Variable Fair Value December 31, 2022 Classified in Other Assets: Customer interest rate swap $ 4,736 6.3 5.25 % 1 Mo. LIBOR + 1.96% $ 106 Customer interest rate swap 1,363 6.5 4.38 % 1 Mo. LIBOR + 2.00% 97 Classified in Other Liabilities: 3rd party interest rate swap $ 4,736 6.3 5.25 % 1 Mo. LIBOR + 1.96% $ (106) 3rd party interest rate swap 1,363 6.5 4.38 % 1 Mo. LIBOR + 2.00% (97) December 31, 2021 Classified in Other Assets: Customer interest rate swap $ 4,843 7.3 5.25 % 1 Mo. LIBOR + 1.96% $ 638 Customer interest rate swap 1,398 7.5 4.38 % 1 Mo. LIBOR + 2.00% 100 Classified in Other Liabilities: 3rd party interest rate swap $ 4,843 7.3 5.25 % 1 Mo. LIBOR + 1.96% $ (638) 3rd party interest rate swap 1,398 7.5 4.38 % 1 Mo. LIBOR + 2.00% (100)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	For the year ended December 31, 2021, changes in the consolidated statements of comprehensive income related to interest rate derivatives designated as hedges of cash flows were as follows: (In thousands) Year Ended Interest rate swap designated as cash flow hedge: Unrealized gain recognized in accumulated other comprehensive income before reclassifications $ 149 Amounts reclassified from accumulated other comprehensive income (149) Other comprehensive income $ —

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Lessee, Operating Lease, Liability, Maturity	The following is a maturity analysis of the operating lease liabilities as of December 31, 2022: (in thousands) Operating lease Years ending December 31, 2023 $ 583 2024 446 2025 329 2026 299 2027 252 Thereafter 830 Total undiscounted lease payments $ 2,739 Less imputed interest (379) Present value of operating lease liabilities $ 2,360 Operating lease right-of-use asset $ 2,223
Lease, Cost	Year Ended December 31, 2022 2021 2020 Lease cost Operating lease cost $ 582 $ 571 $ 565 Short-term lease cost 12 12 18 Total lease cost $ 594 $ 583 $ 583 Other information Operating cash flows from operating leases $ 582 $ 552 $ 543 December 31, 2022 2021 Weighted -average remaining lease term - operating leases (in years) 8 8 Weighted -average discount rate - operating leases 3.35 % 3.30 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax (Benefit)	Following is a summary of the components of the federal and state income tax expense (benefit) for each of the years in the three-year period ended December 31, 2022. (In thousands) Year Ended December 31, 2022 2021 2020 Current: Federal $ 44 $ — $ (100) State 62 180 86 106 180 (14) Deferred: Federal 1,117 1,860 (2,448) State 373 (2,121) 2,125 1,490 (261) (323) Income tax expense (benefit) $ 1,596 $ (81) $ (337)
Schedule of Effective Income Tax Rate Reconciliation	For each of the years in the three-year period ended December 31, 2022, the difference between the federal statutory income tax rate and Patriot’s effective income tax rate reconciles as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Income taxes at statutory Federal rate $ 1,629 $ 1,053 $ (873) State taxes, net of Federal benefit 343 404 (191) Project expenses for merger and acquisition (383) 383 — Deferred tax valuation allowance — (1,938) 1,938 Reversal UTP on Federal DTA — — (1,132) Nondeductible expenses (3) (10) 8 Other 10 27 (87) Income tax expense (benefit) $ 1,596 $ (81) $ (337)
Schedule of Deferred Tax Assets and Liabilities	The significant components of Patriot’s net deferred tax assets at December 31, 2022 and 2021 are presented below. (In thousands) December 31, 2022 2021 Deferred tax assets: Federal NOL carryforward benefit $ 3,321 $ 3,605 NOL write-off for Sec 382 Limit (3,258) (3,258) Capitalized cost temporary item 3,023 3,325 State NOL carryforward benefit 3,128 3,168 Allowance for loan loss 2,793 3,017 Lease liabilities 634 746 Non-accrual interest 907 827 Merger and acquisition 171 187 Accrued expenses 80 421 Unrealized loss AFS securities 5,440 569 Goodwill and intangible 104 137 Depreciation of premises and equipment 120 98 Share based compensation — 3 Other 25 17 Gross deferred tax assets 16,488 12,862 Total deferred tax assets $ 16,488 $ 12,862 Deferred tax liabilities: Right-of-use assets (597) (709) Prepaid Expenses (337) — Other (27) (7) Gross deferred tax liabilities (961) (716) Net deferred tax asset $ 15,527 $ 12,146
Schedule of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Balance, beginning of year $ — $ — $ 1,220 Increases due to tax positions related to a prior year — — 65 Decreases to tax positions as a result of a lapse of statute — — (1,285) Balance, end of year $ — $ — $ —

Share-based Compensation (Table

Share-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Nonvested Restricted Stock Units Activity	The following is a summary of the status of the Company’s restricted share awards as of and for each of the years in the three-year period ended December 31, 2022. Number of Weighted Average Unvested at December 31, 2019 21,470 $ 12.91 Granted 12,484 $ 6.12 Vested (12,903) $ 13.82 Forfeited (2,553) $ 15.86 Unvested at December 31, 2020 18,498 $ 7.29 Granted 20,476 $ 10.48 Vested (12,920) $ 12.95 Forfeited (4,586) $ 9.39 Unvested at December 31, 2021 21,468 $ 6.48 Granted 9,886 $ 11.94 Vested (8,694) $ 11.05 Unvested at December 31, 2022 22,660 $ 7.11

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following is a summary of the computation of basic and diluted earnings per share for each of the years in the three-year period ended December 31, 2022. (Net income in thousands) Year ended December 31, 2022 2021 2020 Basic earnings (loss) per share: Net income (loss) attributable to Common shareholders $ 6,161 $ 5,094 $ (3,819) Divided by: Weighted average shares outstanding 3,957,097 3,946,384 3,934,886 Basic earnings (loss) per common share $ 1.56 $ 1.29 $ (0.97) Diluted earnings (loss) per share: Net income (loss) attributable to Common shareholders $ 6,161 $ 5,094 $ (3,819) Weighted average shares outstanding 3,957,097 3,946,384 3,934,886 Effect of potentially dilutive restricted common shares 5,801 6,270 — (1) Divided by: Weighted average diluted shares outstanding 3,962,898 3,952,654 3,934,886 Diluted earnings (loss) per common share $ 1.55 $ 1.29 $ (0.97) (1) The weighted average diluted shares outstanding does not include 3,039 anti-dilutive restricted common shares for the year ended December 31, 2020.

Financial Instruments With Of_2

Financial Instruments With Off-balance Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2022
Risks and Uncertainties [Abstract]
Schedule of Commitment to Extended Credit	At December 31, 2022 and 2021 , financial instruments with credit risk are as follows: December 31, (In thousands) 2022 2021 Commitments to extend credit: Unused lines of credit $ 100,986 $ 68,341 Undisbursed construction loans 12,000 18,594 Home equity lines of credit 26,878 16,396 Future loan commitments 14,365 23,486 Financial standby letters of credit 78 164 $ 154,307 $ 126,981

Regulatory and Operational Ma_2

Regulatory and Operational Matters (Tables)	12 Months Ended
	Dec. 31, 2022
Regulatory Capital Requirements under Banking Regulations [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The Bank’s Community Bank Leverage Ratio regulatory capital amounts and ratios at December 31, 2022 and 2021 are summarized as follows: (In thousands) December 31, 2022 2021 Patriot Bank, N.A. Amount Ratio Amount Ratio Tier 1 Leverage Capital (to average assets): Actual $ 100,267 9.27 % $ 93,923 9.86 % To be Well Capitalized 97,388 9.00 % (1) $ 85,773 9.00 % (1) (1) Leverage Capital Ratio greater than 9% is considered well-capitalized under the CBLR Framework. Designation as "Well Capitalized" does not apply to bank holding companies - the Company. Such categorization of capital adequacy only applies to insured depository institutions - the Bank.

Fair Value and Interest Rate _2

Fair Value and Interest Rate Risk (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The following table provides a comparison of the carrying amounts and estimated fair values of Patriot’s financial assets and liabilities as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Fair Value Carrying Estimated Carrying Estimated Financial Assets: Cash and noninterest bearing balances due from banks Level 1 $ 5,182 $ 5,182 $ 3,264 $ 3,264 Interest-bearing deposits due from banks Level 1 33,311 33,311 43,781 43,781 Available-for-sale securities Level 2 75,093 75,093 81,161 81,161 Available-for-sale securities Level 3 9,427 9,427 13,180 13,180 Other investments Level 2 4,450 4,450 4,450 4,450 Federal Reserve Bank stock Level 2 2,627 2,627 2,843 2,843 Federal Home Loan Bank stock Level 2 3,874 3,874 4,184 4,184 Loans receivable, net Level 3 838,006 818,960 729,583 727,733 Loans held for sale Level 2 5,211 5,534 3,129 3,506 SBA servicing assets Level 3 886 1,013 584 617 Accrued interest receivable Level 2 7,267 7,267 5,822 5,822 Interest rate swap receivable Level 2 203 203 738 738 Financial assets, total $ 985,537 $ 966,941 $ 892,719 $ 891,279 Financial Liabilities: Demand deposits Level 2 $ 269,636 $ 269,636 $ 226,713 $ 226,713 Savings deposits Level 2 71,002 71,002 109,744 109,744 Money market deposits Level 2 211,000 211,000 164,518 164,518 Negotiable order of withdrawal accounts Level 2 34,440 34,440 34,741 34,741 Time deposits Level 2 225,670 221,353 195,830 195,048 Brokered deposits Level 1 48,698 47,684 17,016 17,003 FHLB borrowings Level 2 85,000 83,853 90,000 93,643 Senior notes Level 2 11,640 11,103 12,000 12,045 Subordinated debt Level 2 9,840 9,680 9,811 9,947 Junior subordinated debt owed to unconsolidated trust Level 2 8,128 8,128 8,119 8,119 Note payable Level 3 585 544 791 775 Accrued interest payable Level 2 585 585 343 343 Interest rate swap liability Level 2 203 203 738 738 Financial liabilities, total $ 976,427 $ 969,211 $ 870,364 $ 873,377
Fair Value, Assets Measured on Recurring Basis	The following tables detail the financial assets measured at fair value on a recurring basis and the valuation techniques utilized relative to the fair value hierarchy, as of December 31, 2022 and 2021. (In thousands) Quoted Prices in Significant Significant Total December 31, 2022: U. S. Government agency and mortgage-backed securities $ — $ 59,046 $ — $ 59,046 Corporate bonds — 5,228 9,427 14,655 Subordinated notes — 4,602 — 4,602 SBA loan pools — 5,718 — 5,718 Municipal bonds — 499 — 499 Available-for-sale securities $ — $ 75,093 $ 9,427 $ 84,520 Interest rate swap receivable $ — $ 203 $ — $ 203 Interest rate swap liability $ — $ 203 $ — $ 203 December 31, 2021: U. S. Government agency and mortgage-backed securities $ — $ 66,629 $ — $ 66,629 Corporate bonds — 3,741 13,180 16,921 Subordinated notes — 4,626 — 4,626 SBA loan pools — 5,603 — 5,603 Municipal bonds — 562 — 562 Available-for-sale securities $ — $ 81,161 $ 13,180 $ 94,341 Interest rate swap receivable $ — $ 738 $ — $ 738 Interest rate swap liability $ — $ 738 $ — $ 738
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The reconciliation of the beginning and ending balances for Level 3 available-for-sale securities for the years ended December 31, 2022 and 2021 is as follows: (In thousands) Year Ended December 31, 2022 2021 Level 3 fair value, beginning of year $ 13,180 $ — Purchases — 14,000 Realized gain (loss) — — Unrealized loss (3,753) (820) Transfers in and /or out of Level 3 — — Level 3 fair value, end of year $ 9,427 $ 13,180
Fair Value Measurement Inputs and Valuation Techniques	The table below presents the valuation methodology and unobservable inputs for level 3 assets measured at fair value on a non-recurring basis as of December 31, 2022 and 2021: (In thousands) Fair Value Valuation Unobservable Inputs Range of Inputs December 31, 2022: Impaired loans, net $ 12,873 Real Estate Appraisals Discount for appraisal type 5.8% - 20% SBA servicing assets 1,013 Discounted Cash Flows Market discount rates 14.73% - 14.90% December 31, 2021: Impaired loans, net $ 20,920 Real Estate Appraisals Discount for appraisal type 5.8% - 20% SBA servicing assets 617 Discounted Cash Flows Market discount rates 14.73 % - 14.90 %

Parent Company-only Financial_2

Parent Company-only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Balance Sheet	CONDENSED BALANCE SHEETS December 31, 2022 and 2021 (In thousands) As of December 31, 2022 2021 ASSETS Cash and due from banks $ 11 $ 377 Investment in subsidiary 89,533 96,799 Other assets 50 149 Total assets $ 89,594 $ 97,325 LIABILITIES AND SHAREHOLDERS' EQUITY Borrowings $ 29,608 $ 29,930 Accrued expenses and other liabilities 403 51 Shareholders' equity 59,583 67,344 Total liabilities and shareholders' equity $ 89,594 $ 97,325
Condensed Income Statement	CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME Years Ended December 31, 2022, 2021 and 2020 (In thousands) Year ended December 31, 2022 2021 2020 Expenses: Interest on subordinated debt $ 1,078 $ 941 $ 1,001 Interest on senior debt 866 913 915 Total interest expense 1,944 1,854 1,916 Other expenses 87 173 159 Loss before benefit for income taxes 2,031 2,027 2,075 Benefit for income taxes (550) (540) (532) Loss before equity in undistributed net income of subsidiary 1,481 1,487 1,543 Equity in undistributed net income (loss) of subsidiary 7,642 6,581 (2,276) Net income (loss) 6,161 5,094 (3,819) Equity in subsidiary other comprehensive loss, net of subsidiary (14,008) (1,119) (115) Total comprehensive (loss) income $ (7,847) $ 3,975 $ (3,934)
Condensed Cash Flow Statement	CONDENSED STATEMENTS OF CASH FLOWS Years Ended December 31, 2022, 2021 and 2020 (In thousands) Year ended December 31, 2022 2021 2020 Cash Flows from Operating Activities: Net income (loss) $ 6,161 $ 5,094 $ (3,819) Adjustments to reconcile net income to net cash used in operating activities: Equity in undistributed net income (loss) of subsidiary (7,642) (6,581) 2,276 Dividends received from Patriot Bank, N.A. 900 500 2,000 Share-based compensation expense 86 150 159 Amortization of debt issuance costs 38 111 112 Change in assets and liabilities: Decrease (increase) in other assets 99 955 (540) Decrease in accrued expenses and other liabilities (8) (399) (315) Net cash used in operating activities (366) (170) (127) Cash Flows from Investing Activities: Net (increase) decrease in investment in Patriot Bank N.A. — (1) 8 Net cash (used in) provided by investing activities — (1) 8 Cash Flows from Financing Activities: Proceeds from issuance of senior notes 12,000 — — — Repayments of senior notes (12,000) — — — Net cash used in financing activities — — — Net decrease in cash and cash equivalents (366) (171) (119) Cash and cash equivalents at beginning of year $ 377 $ 548 $ 667 Cash and cash equivalents at end of year $ 11 $ 377 $ 548 Supplemental Disclosures of Cash Flow Information: Cash paid for interest $ 1,897 $ 1,570 $ 1,776 Supplemental Disclosure of Non-cash Activity: Deferred debt issuance costs $ 360 $ — $ —

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) portfolio branch $ / shares	Dec. 31, 2021 USD ($)	Jan. 01, 2023 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Accounting Policies [Line Items]
Federal Home Loan Bank stock and Federal Reserve Bank stock	$ 6,500,000	$ 7,000,000
Impairment of investment in Federal Home Loan Bank stock and Federal Reserve Bank stock	0	0
Deferred tax assets, valuation allowance	$ 0			$ 1,900,000
Number of portfolio loan segments | portfolio	6
Deferred tax assets	$ 15,527,000	12,146,000
Unrecognized tax benefits	0	0		0	$ 1,220,000
Employee retention tax credit	0	2,900,000
Allowance for credit loss	10,310,000	9,905,000
Shareholders' equity	59,583,000	67,344,000		63,219,000	66,994,000
Accumulated Deficit
Accounting Policies [Line Items]
Shareholders' equity	$ (31,337,000)	(37,498,000)		$ (42,592,000)	$ (38,773,000)
Vesting Period One | Restricted Stock
Accounting Policies [Line Items]
Vesting period	3 years
Vesting Period Two | Restricted Stock
Accounting Policies [Line Items]
Vesting period	4 years
Vesting Period Three | Restricted Stock
Accounting Policies [Line Items]
Vesting period	5 years
Core Deposits
Accounting Policies [Line Items]
Finite-lived intangible asset, useful life	10 years
Minimum
Accounting Policies [Line Items]
Estimated useful lives	3 years
Minimum | Pro Forma | Cumulative Effect, Period of Adoption, Adjustment
Accounting Policies [Line Items]
Allowance for credit loss			$ 2,000,000
Other liabilities			500,000
Minimum | Accumulated Deficit | Pro Forma | Cumulative Effect, Period of Adoption, Adjustment
Accounting Policies [Line Items]
Shareholders' equity			1,800,000
Maximum
Accounting Policies [Line Items]
Estimated useful lives	40 years
Maximum | Pro Forma | Cumulative Effect, Period of Adoption, Adjustment
Accounting Policies [Line Items]
Allowance for credit loss			4,000,000
Other liabilities			1,000,000
Maximum | Accumulated Deficit | Pro Forma | Cumulative Effect, Period of Adoption, Adjustment
Accounting Policies [Line Items]
Shareholders' equity			$ 3,700,000
Federal Home Loan Bank Certificates and Obligations (FHLB)
Accounting Policies [Line Items]
Stock value par value (in usd per share) | $ / shares	$ 100
SBA Loan Fund
Accounting Policies [Line Items]
Debt securities	$ 4,500,000	$ 4,500,000
Connecticut
Accounting Policies [Line Items]
Number of operating branches | branch	8
New York
Accounting Policies [Line Items]
Number of operating branches | branch	1

Available-for-sale securities -

Available-for-sale securities - Investment Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	$ 105,605	$ 96,547
Gross Unrealized Gains	7	178
Gross Unrealized (Losses)	(21,092)	(2,384)
Fair Value	84,520	94,341
U. S. Government agency and mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	73,480	67,850
Gross Unrealized Gains	0	24
Gross Unrealized (Losses)	(14,434)	(1,245)
Fair Value	59,046	66,629
Corporate bonds
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	19,773	17,754
Gross Unrealized Gains	7	118
Gross Unrealized (Losses)	(5,125)	(951)
Fair Value	14,655	16,921
Subordinated notes
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	5,000	4,608
Gross Unrealized Gains	0	35
Gross Unrealized (Losses)	(398)	(17)
Fair Value	4,602	4,626
SBA loan pools
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	6,791	5,772
Gross Unrealized Gains	0	0
Gross Unrealized (Losses)	(1,073)	(169)
Fair Value	5,718	5,603
Municipal bonds
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	561	563
Gross Unrealized Gains	0	1
Gross Unrealized (Losses)	(62)	(2)
Fair Value	$ 499	$ 562

Available-for-sale securities_2

Available-for-sale securities - Investment Securities in a Continuous Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-Sale [Line Items]
Less than 12 Months, Fair Value	$ 19,124	$ 81,657
Less than 12 Months, Unrealized (Loss)	(1,107)	(2,318)
12 Months or Longer, Fair Value	63,632	2,702
Less than 12 Months, Unrealized (Loss)	(19,985)	(66)
Fair Value	82,756	84,359
Unrealized (Loss)	(21,092)	(2,384)
U. S. Government agency and mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Less than 12 Months, Fair Value	11,126	60,606
Less than 12 Months, Unrealized (Loss)	(633)	(1,196)
12 Months or Longer, Fair Value	47,920	1,610
Less than 12 Months, Unrealized (Loss)	(13,801)	(49)
Fair Value	59,046	62,216
Unrealized (Loss)	(14,434)	(1,245)
Corporate bonds
Debt Securities, Available-for-Sale [Line Items]
Less than 12 Months, Fair Value	1,959	15,042
Less than 12 Months, Unrealized (Loss)	(64)	(951)
12 Months or Longer, Fair Value	10,934	0
Less than 12 Months, Unrealized (Loss)	(5,061)	0
Fair Value	12,893	15,042
Unrealized (Loss)	(5,125)	(951)
Subordinated notes
Debt Securities, Available-for-Sale [Line Items]
Less than 12 Months, Fair Value	4,602	0
Less than 12 Months, Unrealized (Loss)	(398)	0
12 Months or Longer, Fair Value	0	1,092
Less than 12 Months, Unrealized (Loss)	0	(17)
Fair Value	4,602	1,092
Unrealized (Loss)	(398)	(17)
SBA loan pools
Debt Securities, Available-for-Sale [Line Items]
Less than 12 Months, Fair Value	1,437	5,603
Less than 12 Months, Unrealized (Loss)	(12)	(169)
12 Months or Longer, Fair Value	4,280	0
Less than 12 Months, Unrealized (Loss)	(1,061)	0
Fair Value	5,717	5,603
Unrealized (Loss)	(1,073)	(169)
Municipal bonds
Debt Securities, Available-for-Sale [Line Items]
Less than 12 Months, Fair Value	0	406
Less than 12 Months, Unrealized (Loss)	0	(2)
12 Months or Longer, Fair Value	498	0
Less than 12 Months, Unrealized (Loss)	(62)	0
Fair Value	498	406
Unrealized (Loss)	$ (62)	$ (2)

Available-for-sale securities_3

Available-for-sale securities - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) position	Dec. 31, 2021 USD ($) position
Debt Securities, Available-for-Sale [Line Items]
Number of unrealized loss positions | position	46	32
Number of available-for-sale securities | position	47	39
Unrealized holding losses depreciation percentage from amortized cost	20.30%	2.70%
Other-than-temporary impairment loss, debt securities, available-for-sale | $	$ 0
Asset Pledged as Collateral | Debt Securities
Debt Securities, Available-for-Sale [Line Items]
Financial instruments, owned, at fair value | $	$ 30,800,000	$ 36,600,000

Available-for-sale securities_4

Available-for-sale securities - By Maturity Date (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Amortized Cost
Due Within 5 years	$ 6,932	$ 31,630
Due After 5 years through 10 years	25,127	5,171
Due After 10 years	73,546	59,746
Amortized Cost	105,605	96,547
Fair Value
Due Within 5 years	6,690	30,756
Due After 5 years through 10 years	18,633	5,188
Due After 10 years	59,197	58,397
Total	84,520	94,341
Available-for-sale securities with stated maturity dates
Amortized Cost
Due Within 5 years	6,932	17,754
Due After 5 years through 10 years	19,851	5,171
Due After 10 years	5,342	5,772
Amortized Cost	32,125	28,697
Fair Value
Due Within 5 years	6,690	16,921
Due After 5 years through 10 years	14,504	5,188
Due After 10 years	4,280	5,603
Total	25,474	27,712
Corporate bonds
Amortized Cost
Due Within 5 years	3,778	17,754
Due After 5 years through 10 years	15,995	0
Due After 10 years	0	0
Amortized Cost	19,773	17,754
Fair Value
Due Within 5 years	3,721	16,921
Due After 5 years through 10 years	10,934	0
Due After 10 years	0	0
Total	14,655	16,921
Subordinated notes
Amortized Cost
Due Within 5 years	3,000	0
Due After 5 years through 10 years	2,000	4,608
Due After 10 years	0	0
Amortized Cost	5,000	4,608
Fair Value
Due Within 5 years	2,830	0
Due After 5 years through 10 years	1,772	4,626
Due After 10 years	0	0
Total	4,602	4,626
SBA loan pools
Amortized Cost
Due Within 5 years	0	0
Due After 5 years through 10 years	1,449	0
Due After 10 years	5,342	5,772
Amortized Cost	6,791	5,772
Fair Value
Due Within 5 years	0	0
Due After 5 years through 10 years	1,438	0
Due After 10 years	4,280	5,603
Total	5,718	5,603
Municipal bonds
Amortized Cost
Due Within 5 years	154	0
Due After 5 years through 10 years	407	563
Due After 10 years	0	0
Amortized Cost	561	563
Fair Value
Due Within 5 years	139	0
Due After 5 years through 10 years	360	562
Due After 10 years	0	0
Total	499	562
U. S. Government agency and mortgage-backed securities
Amortized Cost
Due Within 5 years	0	13,876
Due After 5 years through 10 years	5,276	0
Due After 10 years	68,204	53,974
Amortized Cost	73,480	67,850
Fair Value
Due Within 5 years	0	13,835
Due After 5 years through 10 years	4,129	0
Due After 10 years	54,917	52,794
Total	$ 59,046	$ 66,629

Loans Receivables and Allowan_3

Loans Receivables and Allowance for Loan and Lease Losses - Loan Portfolio (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 848,316	$ 739,488
Allowance for loan and lease losses	(10,310)	(9,905)	$ (10,584)	$ (10,115)
Loans receivable, net	838,006	729,583
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	437,443	365,247
Allowance for loan and lease losses	(6,966)	(5,063)	(4,485)	(3,789)
Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	124,140	158,591
Allowance for loan and lease losses	(665)	(1,700)	(1,379)	(1,038)
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	138,787	122,810
Allowance for loan and lease losses	(1,403)	(2,532)	(3,284)	(4,340)
Consumer and Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	141,091	59,364
Allowance for loan and lease losses	(1,207)	(253)	(295)	(341)
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	4,922	21,781
Allowance for loan and lease losses	(24)	(78)	(739)	(477)
Construction to Permanent - CRE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	1,933	11,695
Allowance for loan and lease losses	$ (10)	$ (41)	$ (162)	$ (130)

Loans Receivables and Allowan_4

Loans Receivables and Allowance for Loan and Lease Losses - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2022 USD ($) loan	Dec. 31, 2022 USD ($) loan	Dec. 31, 2022 USD ($) loan transaction	Dec. 31, 2022 USD ($) loan	Dec. 31, 2022 USD ($) loan modification	Dec. 31, 2022 USD ($) default_loan loan	Dec. 31, 2021 USD ($) loan	Dec. 31, 2021 USD ($) loan transaction	Dec. 31, 2021 USD ($) loan	Dec. 31, 2021 USD ($) modification loan	Dec. 31, 2021 USD ($) default_loan loan	Dec. 31, 2020 USD ($)	Oct. 01, 2021	Jan. 01, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchased credit impaired loans	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Deteriorated loan transactions | transaction				0					0
Purchased credit impaired loans change													$ 2,000
Loans purchased		141,412,000						89,338,000					32,785,000
Maximum period of credit extension	18 months
Loans receivable, term to reset to FHLB rate	5 years
Period for charged off of open-end credits	180 days
Period for charged off of close-end credits	120 days
Interest lost on nonaccrual loans		372,000						802,000					904,000
Maximum period for charged off of consumer installment loans	180 days
Number of contract modifications					6	0				7	0
Number of contracts in default | default_loan							0					0
Commitments to advance additional funds	$ 0	0	0	$ 0	$ 0	$ 0	$ 0	0	$ 0	$ 0	$ 0	$ 0
Impaired loans	19,300,000	19,300,000	19,300,000	19,300,000	19,300,000	19,300,000	19,300,000	23,800,000	23,800,000	23,800,000	23,800,000	23,800,000
Impaired loans allowance	$ 6,000,000	$ 6,000,000	$ 6,000,000	$ 6,000,000	$ 6,000,000	$ 6,000,000	$ 6,000,000	$ 2,300,000	$ 2,300,000	$ 2,300,000	$ 2,300,000	$ 2,300,000
Number of impaired loans | loan	32	32	32	32	32	32	32	34	34	34	34	34
Individually evaluated for impairment | loan	21	21	21	21	21	21	21	23	23	23	23	23
Number of loans collectively evaluated for impairment | loan	11	11	11	11	11	11	11	11	11	11	11	11
Threshold balance	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000
Collectively evaluated for impairment, amount	371,000	371,000	371,000	371,000	371,000	371,000	371,000	590,000	590,000	590,000	590,000	590,000
Allowance for credit losses, collectively evaluated for impairment	$ 2,000	$ 2,000	$ 2,000	$ 2,000	$ 2,000	$ 2,000	$ 2,000	$ 7,000	$ 7,000	$ 7,000	$ 7,000	$ 7,000
Discount to appraisal value	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%
Discount of appraisal value, selling costs	8%	8%	8%	8%	8%	8%	8%
SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of principal balance guaranteed								75%	75%	75%	75%	75%		75%	90%
Syndicated and Leveraged Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 5,800,000	$ 5,800,000	$ 5,800,000	$ 5,800,000	$ 5,800,000	$ 5,800,000	$ 5,800,000	$ 19,600,000	$ 19,600,000	$ 19,600,000	$ 19,600,000	$ 19,600,000
Non-Accrual Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired financing receivable, interest income, cash basis		329,000						377,000					$ 156,000
Number of contract modifications | loan					2					3
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Maximum percentage of credit extension based on market value of collateral			75%
Loans purchased		20,700,000						0
Number of contract modifications | loan					1					1
Multi-family Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Maximum percentage of credit extension based on market value of collateral			80%
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of maximum loan to value			75%
Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans purchased		0						72,300,000
Number of contract modifications | loan					3					3
Consumer and Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of contract modifications | loan					2					3
Consumer and Other | Unsecured Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans purchased		90,100,000						17,000,000
Loans receivable	$ 78,900,000	$ 78,900,000	$ 78,900,000	$ 78,900,000	$ 78,900,000	$ 78,900,000	$ 78,900,000	15,700,000	15,700,000	$ 15,700,000	15,700,000	15,700,000
Interest rate on loans receivable	8.70%	8.70%	8.70%	8.70%	8.70%	8.70%	8.70%
Charge-offs		$ 1,600,000						0
Consumer and Other | HELOC Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 30,600,000	30,600,000	$ 30,600,000	$ 30,600,000	$ 30,600,000	$ 30,600,000	$ 30,600,000	0	0	0	0	0
Construction to Permanent - CRE | Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable term	20 years
Construction to Permanent - CRE | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable term	25 years
Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable								27,100,000	27,100,000	27,100,000	27,100,000	27,100,000
Loan receivable, reversal	$ (800,000)	(800,000)	(800,000)	(800,000)	(800,000)	(800,000)	(800,000)
Commercial and Industrial Loans | SBA CARES Act Paycheck Protection Program
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 31,700,000	$ 31,700,000	$ 31,700,000	$ 31,700,000	$ 31,700,000	$ 31,700,000	$ 31,700,000	$ 919,000	$ 919,000	$ 919,000	$ 919,000	$ 919,000

Loans Receivables and Allowan_5

Loans Receivables and Allowance for Loan and Lease Losses - Summary of Changes in Accretable Discount for PCI (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020 USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Accretable discount, beginning of period	$ (47)
Accretion	2
Other changes, net	45
Accretable discount, end of period	$ 0

Loans Receivables and Allowan_6

Loans Receivables and Allowance for Loan and Lease Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Allowance for Loan and Lease Losses [Roll Forward]
Balance	$ 9,905	$ 10,584	$ 10,115
Charge-offs	(1,828)	(358)	(1,778)
Recoveries	348	179	77
Provisions (credits)	1,885	(500)	2,170
Balance	10,310	9,905	10,584
Collectively evaluated for impairment	2	7
Collectively evaluated for impairment	371	590
Total loans receivable, gross	848,316	739,488
Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	9,905
Balance	10,310	9,905
Individually evaluated for impairment	6,043	2,292
Collectively evaluated for impairment	4,267	7,613
Individually evaluated for impairment	18,916	23,212
Collectively evaluated for impairment	829,400	716,276
Total loans receivable, gross	848,316	739,488
Commercial Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance	5,063	4,485	3,789
Charge-offs	0	(51)	(1,032)
Recoveries	154	0	0
Provisions (credits)	1,749	629	1,728
Balance	6,966	5,063	4,485
Total loans receivable, gross	437,443	365,247
Commercial Real Estate | Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	5,063
Balance	6,966	5,063
Individually evaluated for impairment	5,430	1,567
Collectively evaluated for impairment	1,536	3,496
Individually evaluated for impairment	11,241	15,704
Collectively evaluated for impairment	426,202	349,543
Total loans receivable, gross	437,443	365,247
Residential Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance	1,700	1,379	1,038
Charge-offs	0	(3)	(24)
Recoveries	4	3	1
Provisions (credits)	(1,039)	321	364
Balance	665	1,700	1,379
Total loans receivable, gross	124,140	158,591
Residential Real Estate | Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	1,700
Balance	665	1,700
Individually evaluated for impairment	5	3
Collectively evaluated for impairment	660	1,697
Individually evaluated for impairment	2,508	2,954
Collectively evaluated for impairment	121,632	155,637
Total loans receivable, gross	124,140	158,591
Commercial and Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance	2,532	3,284	4,340
Charge-offs	(70)	(212)	(677)
Recoveries	69	65	70
Provisions (credits)	(1,128)	(605)	(449)
Balance	1,403	2,532	3,284
Total loans receivable, gross	138,787	122,810
Commercial and Industrial | Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	2,532
Balance	1,403	2,532
Individually evaluated for impairment	608	722
Collectively evaluated for impairment	795	1,810
Individually evaluated for impairment	4,653	4,031
Collectively evaluated for impairment	134,134	118,779
Total loans receivable, gross	138,787	122,810
Consumer and Other
Allowance for Loan and Lease Losses [Roll Forward]
Balance	253	295	341
Charge-offs	(1,690)	(23)	(45)
Recoveries	121	111	6
Provisions (credits)	2,523	(130)	(7)
Balance	1,207	253	295
Total loans receivable, gross	141,091	59,364
Consumer and Other | Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	253
Balance	1,207	253
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	1,207	253
Individually evaluated for impairment	514	523
Collectively evaluated for impairment	140,577	58,841
Total loans receivable, gross	141,091	59,364
Construction
Allowance for Loan and Lease Losses [Roll Forward]
Balance	78	739	477
Charge-offs	(68)	(69)	0
Recoveries	0	0
Provisions (credits)	14	(592)	262
Balance	24	78	739
Total loans receivable, gross	4,922	21,781
Construction | Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	78
Balance	24	78
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	24	78
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	4,922	21,781
Total loans receivable, gross	4,922	21,781
Construction to Permanent - CRE
Allowance for Loan and Lease Losses [Roll Forward]
Balance	41	162	130
Charge-offs	0	0	0
Recoveries	0	0	0
Provisions (credits)	(31)	(121)	32
Balance	10	41	162
Total loans receivable, gross	1,933	11,695
Construction to Permanent - CRE | Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	41
Balance	10	41
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	10	41
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	1,933	11,695
Total loans receivable, gross	1,933	11,695
Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
Balance	238	240	0
Charge-offs	0	0	0
Recoveries	0	0	0
Provisions (credits)	(203)	(2)	240
Balance	35	238	$ 240
Unallocated | Business Activities Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance	238
Balance	35	238
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	35	238
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	0	0
Total loans receivable, gross	$ 0	$ 0

Loans Receivables and Allowan_7

Loans Receivables and Allowance for Loan and Lease Losses - Delinquency Status (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	$ 848,316	$ 739,488
Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	848,316	739,488
Non- accruing Loans	18,593	23,095
Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	437,443	365,247
Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	437,443	365,247
Non- accruing Loans	11,241	15,704
Residential Real Estate
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	124,140	158,591
Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	124,140	158,591
Non- accruing Loans	2,470	3,148
Commercial and Industrial
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	138,787	122,810
Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	138,787	122,810
Non- accruing Loans	4,833	4,101
Consumer and Other
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	141,091	59,364
Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	141,091	59,364
Non- accruing Loans	49	142
Construction
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	4,922	21,781
Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	4,922	21,781
Non- accruing Loans	0	0
Construction to Permanent - CRE
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,933	11,695
Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,933	11,695
Non- accruing Loans	0	0
Pass | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	801,032	686,822
Non- accruing Loans	0	0
Pass | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	401,313	325,554
Non- accruing Loans	0	0
Pass | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	121,045	154,044
Non- accruing Loans	0	0
Pass | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	131,324	114,549
Non- accruing Loans	0	0
Pass | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	141,019	59,199
Non- accruing Loans	0	0
Pass | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	4,398	21,781
Non- accruing Loans	0	0
Pass | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,933	11,695
Non- accruing Loans	0	0
Special mention | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	26,305	19,975
Non- accruing Loans	0	0
Special mention | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	24,559	16,625
Non- accruing Loans	0	0
Special mention | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	625	1,399
Non- accruing Loans	0	0
Special mention | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	597	1,951
Non- accruing Loans	0	0
Special mention | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	524
Non- accruing Loans	0
Substandard | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	20,979	32,691
Non- accruing Loans	18,593	23,095
Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	11,571	23,068
Non- accruing Loans	11,241	15,704
Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2,470	3,148
Non- accruing Loans	2,470	3,148
Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	6,866	6,310
Non- accruing Loans	4,833	4,101
Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	72	165
Non- accruing Loans	49	142
Performing (Accruing) Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	829,723	716,393
Performing (Accruing) Loans | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	426,202	349,543
Performing (Accruing) Loans | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	121,670	155,443
Performing (Accruing) Loans | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	133,954	118,709
Performing (Accruing) Loans | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	141,042	59,222
Performing (Accruing) Loans | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	4,922	21,781
Performing (Accruing) Loans | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,933	11,695
Performing (Accruing) Loans | Pass | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	801,032	686,822
Performing (Accruing) Loans | Pass | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	401,313	325,554
Performing (Accruing) Loans | Pass | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	121,045	154,044
Performing (Accruing) Loans | Pass | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	131,324	114,549
Performing (Accruing) Loans | Pass | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	141,019	59,199
Performing (Accruing) Loans | Pass | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	4,398	21,781
Performing (Accruing) Loans | Pass | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,933	11,695
Performing (Accruing) Loans | Special mention | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	26,305	19,975
Performing (Accruing) Loans | Special mention | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	24,559	16,625
Performing (Accruing) Loans | Special mention | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	625	1,399
Performing (Accruing) Loans | Special mention | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	597	1,951
Performing (Accruing) Loans | Special mention | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	524
Performing (Accruing) Loans | Substandard | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2,386	9,596
Performing (Accruing) Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	7,364
Performing (Accruing) Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Performing (Accruing) Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2,033	2,209
Performing (Accruing) Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	23	23
Non-accruing Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Non- accruing Loans	18,593	23,095
Non-accruing Loans | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Non- accruing Loans	4,833
Non-accruing Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Non- accruing Loans	11,241	15,704
Non-accruing Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Non- accruing Loans	2,470	3,148
Non-accruing Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Non- accruing Loans		4,101
Non-accruing Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Non- accruing Loans	49	142
Total Past Due | Performing (Accruing) Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	8,716	967
Total Past Due | Performing (Accruing) Loans | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	696
Total Past Due | Performing (Accruing) Loans | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	0
Total Past Due | Performing (Accruing) Loans | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2,132	243
Total Past Due | Performing (Accruing) Loans | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	5,029	28
Total Past Due | Performing (Accruing) Loans | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	895	0
Total Past Due | Performing (Accruing) Loans | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Performing (Accruing) Loans | Pass | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	6,486	967
Total Past Due | Performing (Accruing) Loans | Pass | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	696
Total Past Due | Performing (Accruing) Loans | Pass | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	0
Total Past Due | Performing (Accruing) Loans | Pass | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	232	243
Total Past Due | Performing (Accruing) Loans | Pass | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	5,029	28
Total Past Due | Performing (Accruing) Loans | Pass | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	895	0
Total Past Due | Performing (Accruing) Loans | Pass | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Performing (Accruing) Loans | Special mention | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Performing (Accruing) Loans | Special mention | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Performing (Accruing) Loans | Special mention | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Performing (Accruing) Loans | Special mention | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Performing (Accruing) Loans | Special mention | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0
Total Past Due | Performing (Accruing) Loans | Substandard | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2,230	0
Total Past Due | Performing (Accruing) Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	0
Total Past Due | Performing (Accruing) Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Performing (Accruing) Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,900	0
Total Past Due | Performing (Accruing) Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Total Past Due | Non-accruing Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	17,358	21,194
Total Past Due | Non-accruing Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	11,241	15,704
Total Past Due | Non-accruing Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2,453	2,419
Total Past Due | Non-accruing Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,637	2,949
Total Past Due | Non-accruing Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	27	122
30 - 59 Days Past Due | Performing (Accruing) Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,974	939
30 - 59 Days Past Due | Performing (Accruing) Loans | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	696
30 - 59 Days Past Due | Performing (Accruing) Loans | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,490	243
30 - 59 Days Past Due | Performing (Accruing) Loans | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	929	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	895	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Pass | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2,156	939
30 - 59 Days Past Due | Performing (Accruing) Loans | Pass | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	696
30 - 59 Days Past Due | Performing (Accruing) Loans | Pass | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Pass | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	2	243
30 - 59 Days Past Due | Performing (Accruing) Loans | Pass | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	929	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Pass | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	895	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Pass | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Special mention | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Special mention | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Special mention | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Special mention | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Special mention | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Substandard | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,818	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	330	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,488	0
30 - 59 Days Past Due | Performing (Accruing) Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Non-accruing Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	703	0
30 - 59 Days Past Due | Non-accruing Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
30 - 59 Days Past Due | Non-accruing Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	657	0
30 - 59 Days Past Due | Non-accruing Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	46	0
30 - 59 Days Past Due | Non-accruing Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,587	26
60 - 89 Days Past Due | Performing (Accruing) Loans | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	412	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,175	26
60 - 89 Days Past Due | Performing (Accruing) Loans | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Pass | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,175	26
60 - 89 Days Past Due | Performing (Accruing) Loans | Pass | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Pass | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Pass | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Pass | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,175	26
60 - 89 Days Past Due | Performing (Accruing) Loans | Pass | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Pass | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Special mention | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Special mention | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Special mention | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Special mention | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Special mention | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Substandard | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	412	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	412	0
60 - 89 Days Past Due | Performing (Accruing) Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Non-accruing Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	395	585
60 - 89 Days Past Due | Non-accruing Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Non-accruing Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
60 - 89 Days Past Due | Non-accruing Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	395	491
60 - 89 Days Past Due | Non-accruing Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	94
90 Days or Greater Past Due | Performing (Accruing) Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,155	2
90 Days or Greater Past Due | Performing (Accruing) Loans | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	230	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	925	2
90 Days or Greater Past Due | Performing (Accruing) Loans | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Pass | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,155	2
90 Days or Greater Past Due | Performing (Accruing) Loans | Pass | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Pass | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Pass | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	230	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Pass | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	925	2
90 Days or Greater Past Due | Performing (Accruing) Loans | Pass | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Pass | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Special mention | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Special mention | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Special mention | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Special mention | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Special mention | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Substandard | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Performing (Accruing) Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
90 Days or Greater Past Due | Non-accruing Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	16,260	20,609
90 Days or Greater Past Due | Non-accruing Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	11,241	15,704
90 Days or Greater Past Due | Non-accruing Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,796	2,419
90 Days or Greater Past Due | Non-accruing Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,196	2,458
90 Days or Greater Past Due | Non-accruing Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	27	28
Current | Performing (Accruing) Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	821,007	715,426
Current | Performing (Accruing) Loans | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	425,872	348,847
Current | Performing (Accruing) Loans | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	121,340	155,443
Current | Performing (Accruing) Loans | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	131,822	118,466
Current | Performing (Accruing) Loans | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	136,013	59,194
Current | Performing (Accruing) Loans | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	4,027	21,781
Current | Performing (Accruing) Loans | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,933	11,695
Current | Performing (Accruing) Loans | Pass | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	794,546	685,855
Current | Performing (Accruing) Loans | Pass | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	401,313	324,858
Current | Performing (Accruing) Loans | Pass | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	120,715	154,044
Current | Performing (Accruing) Loans | Pass | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	131,092	114,306
Current | Performing (Accruing) Loans | Pass | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	135,990	59,171
Current | Performing (Accruing) Loans | Pass | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	3,503	21,781
Current | Performing (Accruing) Loans | Pass | Construction to Permanent - CRE | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,933	11,695
Current | Performing (Accruing) Loans | Special mention | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	26,305	19,975
Current | Performing (Accruing) Loans | Special mention | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	24,559	16,625
Current | Performing (Accruing) Loans | Special mention | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	625	1,399
Current | Performing (Accruing) Loans | Special mention | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	597	1,951
Current | Performing (Accruing) Loans | Special mention | Construction | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	524
Current | Performing (Accruing) Loans | Substandard | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	156	9,596
Current | Performing (Accruing) Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	7,364
Current | Performing (Accruing) Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Current | Performing (Accruing) Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	133	2,209
Current | Performing (Accruing) Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	23	23
Current | Non-accruing Loans | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,235	1,901
Current | Non-accruing Loans | Substandard | Commercial Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	0	0
Current | Non-accruing Loans | Substandard | Residential Real Estate | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	17	729
Current | Non-accruing Loans | Substandard | Commercial and Industrial | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	1,196	1,152
Current | Non-accruing Loans | Substandard | Consumer and Other | Business Activities Loans
Financing Receivable, Past Due [Line Items]
Loans receivable, gross	$ 22	$ 20

Loans Receivables and Allowan_8

Loans Receivables and Allowance for Loan and Lease Losses - Recorded Investment in TDRs (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Dec. 31, 2022 USD ($) modification	Dec. 31, 2021 USD ($) loan	Dec. 31, 2021 USD ($)	Dec. 31, 2021 USD ($) modification	Dec. 31, 2020 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans	6	0	7		0
Recorded Investment	$ 10,157	$ 10,157	$ 10,394	$ 10,394	$ 10,394
Pre-Modification						$ 5,235
Post-Modification				5,233		$ 5,233
Rate reduction
Financing Receivable, Troubled Debt Restructuring [Line Items]
Post-Modification				4,819
Extension of interest only period
Financing Receivable, Troubled Debt Restructuring [Line Items]
Post-Modification				121
Payment deferral
Financing Receivable, Troubled Debt Restructuring [Line Items]
Post-Modification				293
Modified Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan						6
Non-Accrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	2		3
Recorded Investment	$ 9,464	9,464	$ 9,688	9,688	9,688
Accrual Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	4		4
Recorded Investment	$ 693	693	$ 706	706	706
Commercial Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	1		1
Recorded Investment	$ 8,806	8,806	$ 8,884	8,884	8,884
Pre-Modification						$ 822
Post-Modification						$ 819
Commercial Real Estate | Modified Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan						2
Residential Real Estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	3		3
Recorded Investment	$ 814	814	$ 870	870	870
Commercial and Industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-Modification						$ 4,000
Post-Modification						$ 4,000
Commercial and Industrial | Modified Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan						1
Consumer and Other
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	2		3
Recorded Investment	$ 537	$ 537	$ 640	$ 640	$ 640
Pre-Modification						$ 413
Post-Modification						$ 414
Consumer and Other | Modified Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan						3

Loans Receivables and Allowan_9

Loans Receivables and Allowance for Loan and Lease Losses - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Impaired [Line Items]
Related Allowance	$ 6,000	$ 2,300
Recorded Investment	19,300	23,800
With no related allowance recorded: average recorded investment	10,980	14,900	$ 12,783
With no related allowance recorded: interest income recognized	207	182	193
With a related allowance recorded: average recorded investment	11,321	11,642	8,934
With a related allowance recorded: interest income recognized	154	220	42
Impaired loans, average recorded investment	22,301	26,542	21,717
Impaired loans, interest income recognized	361	402	235
Business Activities Loans
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: recorded investment	7,290	10,820
With no related allowance recorded: principal outstanding	7,590	11,820
With a related allowance recorded: recorded investment	11,997	12,982
With a related allowance recorded: principal outstanding	12,003	13,416
Related Allowance	6,045	2,299
Recorded Investment	19,287	23,802
Principal Outstanding	19,593	25,236
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: average recorded investment	6,621	7,636	5,859
With no related allowance recorded: interest income recognized	87	103	39
With a related allowance recorded: average recorded investment	7,096	8,869	8,861
With a related allowance recorded: interest income recognized	113	66	35
Impaired loans, average recorded investment	13,717	16,505	14,720
Impaired loans, interest income recognized	200	169	74
Commercial Real Estate | Business Activities Loans
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: recorded investment	2,435	6,820
With no related allowance recorded: principal outstanding	2,428	7,776
With a related allowance recorded: recorded investment	8,806	8,884
With a related allowance recorded: principal outstanding	8,656	8,811
Related Allowance	5,430	1,567
Recorded Investment	11,241	15,704
Principal Outstanding	11,084	16,587
Residential Real Estate
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: average recorded investment	3,452	4,014	3,681
With no related allowance recorded: interest income recognized	34	51	28
With a related allowance recorded: average recorded investment	518	428	34
With a related allowance recorded: interest income recognized	8	21	7
Impaired loans, average recorded investment	3,970	4,442	3,715
Impaired loans, interest income recognized	42	72	35
Residential Real Estate | Business Activities Loans
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: recorded investment	2,402	2,847
With no related allowance recorded: principal outstanding	2,224	2,763
With a related allowance recorded: recorded investment	223	461
With a related allowance recorded: principal outstanding	221	488
Related Allowance	6	8
Recorded Investment	2,625	3,308
Principal Outstanding	2,445	3,251
Commercial and Industrial
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: average recorded investment	565	2,548	2,111
With no related allowance recorded: interest income recognized	63	12	79
With a related allowance recorded: average recorded investment	3,365	2,239	0
With a related allowance recorded: interest income recognized	29	126	0
Impaired loans, average recorded investment	3,930	4,787	2,111
Impaired loans, interest income recognized	92	138	79
Commercial and Industrial | Business Activities Loans
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: recorded investment	1,939	630
With no related allowance recorded: principal outstanding	2,424	758
With a related allowance recorded: recorded investment	2,895	3,471
With a related allowance recorded: principal outstanding	3,052	3,916
Related Allowance	609	723
Recorded Investment	4,834	4,101
Principal Outstanding	5,476	4,674
Consumer and Other
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: average recorded investment	342	702	1,132
With no related allowance recorded: interest income recognized	23	16	47
With a related allowance recorded: average recorded investment	342	106	39
With a related allowance recorded: interest income recognized	4	7	0
Impaired loans, average recorded investment	684	808	1,171
Impaired loans, interest income recognized	27	23	$ 47
Consumer and Other | Business Activities Loans
Financing Receivable, Impaired [Line Items]
With no related allowance recorded: recorded investment	514	523
With no related allowance recorded: principal outstanding	514	523
With a related allowance recorded: recorded investment	73	166
With a related allowance recorded: principal outstanding	74	201
Related Allowance	0	1
Recorded Investment	587	689
Principal Outstanding	$ 588	$ 724

Loans Held for Sale (Details)

Loans Held for Sale (Details) $ in Thousands	1 Months Ended		12 Months Ended
	Oct. 31, 2020 USD ($)	Sep. 30, 2020 USD ($) loan	Dec. 31, 2022 USD ($) loan	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of SBA loans held for sale			$ 23,077	$ 16,267	$ 12,160
SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-sale			5,200	3,100
Interest rate swaps			$ 274	281
Number of loans reclassed from loans held for investment to loans held for sale | loan			0
Loans serviced, but owned by third party			$ 47,300	29,600
Servicing asset			886	584
Servicing asset at fair value			1,000	617
Commercial and Industrial | SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-sale			3,100	2,600
Number of loans reclassed from loans held for investment to loans held for sale | loan		1
Deferred cost for capital raise		$ 5,000
Proceeds from sale of SBA loans held for sale	$ 5,000
Commercial Real Estate | SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-sale			$ 2,100	$ 562

Loans Held for Sale - Analysis

Loans Held for Sale - Analysis of the Activity in the SBA Servicing Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Beginning balance	$ 584	$ 316	$ 201
Servicing rights capitalized	400	335	137
Servicing rights amortized	(87)	(22)	(22)
Servicing rights disposed	(11)	(45)	0
Ending balance	$ 886	$ 584	$ 316

Premises and Equipment - Summar

Premises and Equipment - Summary of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 47,666	$ 47,252
Accumulated depreciation and amortization	(17,025)	(15,752)
Premises and equipment, net	30,641	31,500
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	12,819	12,819
Buildings
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	19,046	19,046
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	3,058	3,058
Furniture, equipment, and software
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	12,674	12,264
Construction-in-progress
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 69	$ 65

Premises and Equipment - Narrat

Premises and Equipment - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) property	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Property, Plant and Equipment [Abstract]
Proceeds from sale of premises and equipment	$ 0	$ 1,464	$ 0
Gain on sale of premises and equipment	$ 0	550	0
Number of properties sold | property	0
Depreciation	$ 1,300	$ 1,400	$ 1,500

Other Real Estate Owned ("ORE_2

Other Real Estate Owned ("OREO") - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2019
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Other real estate owned	$ 0	$ 1,906,000	$ 0	$ 2,400,000
Net gain (loss) recognized on sale or acquisition of other real estate	$ 2,000	$ (69,000)

Other Real Estate Owned ("ORE_3

Other Real Estate Owned ("OREO") - Activity in OREO (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Real Estate [Roll Forward]
Beginning balance	$ 0	$ 1,906,000	$ 2,400,000
Additions	0	0	0
Sold	0	(1,906,000)	(446,000)
Write-downs	0	0	(48,000)
Ending balance	$ 0	$ 0	$ 1,906,000

Business Combination, Goodwil_3

Business Combination, Goodwill and Other Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Balance, beginning of period	$ 1,107	$ 1,107	$ 1,107
Balance, end of period	$ 1,107	$ 1,107	$ 1,107

Business Combination, Goodwil_4

Business Combination, Goodwill and Other Intangible Assets - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Impairment of intangible assets	$ 0	$ 0	$ 206,000
Amortization of core deposit intangible	$ 47,000	47,000	74,000
Core Deposits
Goodwill [Line Items]
Impairment of intangible assets		0
Finite-lived intangible asset, useful life	10 years
Amortization of core deposit intangible	$ 47,000	47,000	$ 74,000
American Challenger | Project Expenses
Goodwill [Line Items]
Acquisition related costs	$ 112,000	$ 1,900,000

Business Combination, Goodwil_5

Business Combination, Goodwill and Other Intangible Assets - Schedule of Finite-lived Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Acquired Finite-Lived Intangible Assets [Line Items]
Net carrying amount	$ 249	$ 296
Core Deposits
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	748	748
Accumulated amortization	(293)	(246)
Impairment	(206)	(206)
Net carrying amount	$ 249	$ 296

Deposits - Summary of Deposits

Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Statistical Disclosure for Banks [Abstract]
Non-interest bearing	$ 269,636	$ 226,713
Negotiable order of withdrawal accounts	$ 34,440	$ 34,741
Negotiable order of withdrawal accounts, weighted avg. stated interest rate	0.07%	0.07%
Savings	$ 71,002	$ 109,744
Savings, weighted avg. stated interest rate	0.61%	0.13%
Money market	$ 211,000	$ 164,518
Money market, weighted avg. stated interest rate	1.38%	0.23%
Certificates of deposit, less than $250,000	$ 165,793	$ 142,246
Certificates of deposit, less than $250,000, weighted avg. stated interest rate	1.72%	0.35%
Certificates of deposit, $250,000 or greater	$ 59,877	$ 53,584
Certificates of deposit, $250,000 or greater, weighted avg. stated interest rate	1.72%	0.40%
Brokered deposits	$ 48,698	$ 17,016
Brokered deposits, weighted avg. stated interest rate	2.07%	1.05%
Interest bearing, Total	$ 590,810	$ 521,849
Interest bearing, total, weighted avg. stated interest rate	1.40%	0.27%
Total Deposits	$ 860,446	$ 748,562
Total deposits, weighted avg. stated interest rate	0.96%	0.19%

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Millions	Jul. 22, 2020	Dec. 31, 2022	Dec. 31, 2021
Statistical Disclosure for Banks [Abstract]
Payments to acquire prepaid debit card deposits	$ 50
Prepaid debit card deposits		$ 197.3	$ 150.4

Deposits - Interest Expense on

Deposits - Interest Expense on Deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statistical Disclosure for Banks [Abstract]
Negotiable order of withdrawal accounts, Interest Expense	$ 23	$ 24	$ 23
Negotiable order of withdrawal accounts, Weighted Avg. Effective Interest Rate	0.07%	0.07%	0.07%
Savings, Interest Expense	$ 1,028	$ 238	$ 426
Savings, Weighted Avg. Effective Interest Rate	1.02%	0.22%	0.54%
Money market, Interest Expense	$ 1,973	$ 449	$ 1,451
Money market, Weighted Avg. Effective Interest Rate	1.09%	0.30%	1.05%
Certificates of deposit, less than $250,000, Interest expense	$ 1,411	$ 899	$ 3,227
Certificates of deposit, less than $250,000, Weighted Avg. Effective Interest Rate	0.79%	0.61%	1.75%
Certificates of deposit, $250,000 or greater, Interest expense	$ 400	$ 270	$ 1,188
Certificates of deposit, $250,000 or greater, Weighted Avg. Effective Interest Rate	0.68%	0.49%	1.95%
Brokered deposits, Interest Expense	$ 465	$ 363	$ 2,839
Brokered deposits, Weighted Avg. Effective Interest Rate	1.39%	1.83%	1.88%
Domestic deposit liabilities, Interest Expense	$ 5,300	$ 2,243	$ 9,154
Interest Expense on Deposits, Total, Weighted Avg. Effective Interest Rate	0.93%	0.43%	1.43%

Deposits - Contractual Maturiti

Deposits - Contractual Maturities of Certificates of Deposit (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Deposit Liability [Line Items]
1 year or less	$ 212,677
More than 1 year through 2 years	34,390
More than 2 years through 3 years	14,595
More than 3 years through 4 years	1,051
More than 4 years through 5 years	11,655
Contractual maturities of certificates of deposit	274,368
CDs less than $250,000
Deposit Liability [Line Items]
1 year or less	119,299
More than 1 year through 2 years	22,200
More than 2 years through 3 years	11,588
More than 3 years through 4 years	1,051
More than 4 years through 5 years	11,655
Contractual maturities of certificates of deposit	165,793
CDs $250,000 or greater
Deposit Liability [Line Items]
1 year or less	49,789
More than 1 year through 2 years	7,581
More than 2 years through 3 years	2,507
More than 3 years through 4 years	0
More than 4 years through 5 years	0
Contractual maturities of certificates of deposit	59,877
Brokered Deposits
Deposit Liability [Line Items]
1 year or less	43,589
More than 1 year through 2 years	4,609
More than 2 years through 3 years	500
More than 3 years through 4 years	0
More than 4 years through 5 years	0
Contractual maturities of certificates of deposit	$ 48,698

Borrowings - Narrative (Details

Borrowings - Narrative (Details)		1 Months Ended			3 Months Ended	12 Months Ended
	Jun. 29, 2018 USD ($) investor	Sep. 30, 2016 USD ($)	Sep. 30, 2015	Jun. 30, 2014 USD ($)	Jun. 30, 2009 quarter	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2004 USD ($)	Dec. 31, 2003 USD ($)	Dec. 21, 2022 USD ($)	Jun. 22, 2022	Dec. 22, 2016 USD ($)
Debt Instrument [Line Items]
Borrowings						$ 115,193,000	$ 120,700,000
Advances from federal home loan banks, total						85,000,000	90,000,000
Federal home loan bank, advances, maturities summary, fixed rate, total						$ 85,000,000
Federal home loan bank, advances, activity for year, average interest rate for year						3.69%
Federal home loan bank, advances, general debt obligations, disclosures, collateral pledged						$ 233,500,000
Federal home loan bank, advances, general debt obligations, amount of available, unused funds						67,200,000
Debt issuance costs, net						640,000
Amortization of debt issuance costs						38,000	111,000	$ 112,000
Number of investors | investor	2
Subordinated debt, net						9,840,000	9,811,000
Interest on subordinated debt						1,066,000	933,000	991,000
Long-term debt, gross						115,833,000
Federal Reserve Bank Advances
Debt Instrument [Line Items]
Financial instruments, owned, at fair value						19,900,000
Short-term debt						0
Federal Reserve Bank Advances | Asset Pledged as Collateral with Right
Debt Instrument [Line Items]
Financial instruments, owned, at fair value						13,700,000
Correspondent Bank Agreement | Zions Bank
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity						24,500,000	5,000,000
Long-term line of credit, total						0	0
Interest expense, debt, total						0	0	0
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity						2,000,000
Long-term line of credit, total						0	0
Interest expense, debt, total						$ 3,500,000	3,000,000	2,700,000
Minimum
Debt Instrument [Line Items]
Federal home loan bank, advances, branch of FHLB bank, interest rate						2.40%
Maximum
Debt Instrument [Line Items]
Federal home loan bank, advances, branch of FHLB bank, interest rate						4.37%
FHLB Borrowings
Debt Instrument [Line Items]
Borrowings						$ 85,000,000
Long term debt, additional available amount						67,200,000
Debt issuance costs, net						0
Long-term debt, gross						$ 85,000,000
FHLB Borrowings | Minimum
Debt Instrument [Line Items]
Debt instrument, term (in years)						6 days
FHLB Borrowings | Maximum
Debt Instrument [Line Items]
Debt instrument, term (in years)						1 year 8 months 15 days
Senior Notes
Debt Instrument [Line Items]
Borrowings						$ 11,640,000
Debt instrument, face amount											$ 12,000,000		$ 12,000,000
Debt instrument, interest rate, stated											8.50%		7%
Debt issuance costs, net						360,000					$ 360,000
Interest expense, long-term debt						866,000	913,000	915,000
Amortization of debt issuance costs						0	73,000	75,000
Long-term debt, gross						12,000,000
Senior Notes | July 1, 2022 until September 30, 2022
Debt Instrument [Line Items]
Debt instrument, interest rate, stated												7.25%
Senior Notes | After September 30, 2022
Debt Instrument [Line Items]
Debt instrument, interest rate, stated												7.50%
Senior Notes | Accrued Expenses and Other Liabilities
Debt Instrument [Line Items]
Interest payable						28,000	23,000
Subordinated notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 10,000,000
Debt instrument, interest rate, stated	6.25%
Subordinated notes | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.325%
Subordinated Notes
Debt Instrument [Line Items]
Borrowings						9,840,000
Interest expense, debt, total						654,000	654,000	654,000
Debt issuance costs, net	$ 291,000					160,000	189,000
Long-term debt, gross						10,000,000
Junior Subordinated Debt
Debt Instrument [Line Items]
Borrowings						8,128,000
Interest expense, debt, total		$ 700,000		$ 1,700,000
Debt issuance costs, net						120,000	129,000
Amortization of debt issuance costs						9,000	8,000	9,000
Interest payable						$ 9,000	4,000
Subordinated debt, net										$ 8,000,000
Payments of debt issuance costs									$ 240,000	$ 240,000
Excess tier one risk based capital to risk weighted assets										0.25
Debt, weighted average interest rate						7.79%
Number of consecutive quarters for interest deferment | quarter					20
Interest on subordinated debt						$ 412,000	279,000	337,000
Long-term debt, gross						$ 8,248,000
Junior Subordinated Debt | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate						3.15%
Note Payable
Debt Instrument [Line Items]
Borrowings						$ 585,000
Debt instrument, term (in years)			9 years
Interest expense, debt, total						12,000	15,000	$ 19,000
Debt instrument, face amount		$ 2,000,000
Debt instrument, interest rate, stated		1.75%
Debt issuance costs, net						0
Long-term debt, gross						$ 585,000	$ 791,000
Debt instrument, periodic payment terms, balloon payment to be paid		$ 234,000

Borrowings - Maturity of Borrow

Borrowings - Maturity of Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 21, 2022	Dec. 31, 2021	Jun. 29, 2018
Long-Term Debt, Fiscal Year Maturity [Line Items]
2023	$ 55,210
2024	30,375
2025	0
2026	12,000
2027	0
Thereafter	18,248
Total contractual maturities of borrowings	115,833
Unamortized debt issuance costs	(640)
Balance of borrowings as of December 31, 2022	115,193		$ 120,700
FHLB Borrowings
Long-Term Debt, Fiscal Year Maturity [Line Items]
2023	55,000
2024	30,000
2025	0
2026	0
2027	0
Thereafter	0
Total contractual maturities of borrowings	85,000
Unamortized debt issuance costs	0
Balance of borrowings as of December 31, 2022	85,000
Senior Notes
Long-Term Debt, Fiscal Year Maturity [Line Items]
2023	0
2024	0
2025	0
2026	12,000
2027	0
Thereafter	0
Total contractual maturities of borrowings	12,000
Unamortized debt issuance costs	(360)	$ (360)
Balance of borrowings as of December 31, 2022	11,640
Subordinated Notes
Long-Term Debt, Fiscal Year Maturity [Line Items]
2023	0
2024	0
2025	0
2026	0
2027	0
Thereafter	10,000
Total contractual maturities of borrowings	10,000
Unamortized debt issuance costs	(160)		(189)	$ (291)
Balance of borrowings as of December 31, 2022	9,840
Junior Subordinated Debt
Long-Term Debt, Fiscal Year Maturity [Line Items]
2023	0
2024	0
2025	0
2026	0
2027	0
Thereafter	8,248
Total contractual maturities of borrowings	8,248
Unamortized debt issuance costs	(120)		(129)
Balance of borrowings as of December 31, 2022	8,128
Note Payable
Long-Term Debt, Fiscal Year Maturity [Line Items]
2023	210
2024	375
2025	0
2026	0
2027	0
Thereafter	0
Total contractual maturities of borrowings	585		$ 791
Unamortized debt issuance costs	0
Balance of borrowings as of December 31, 2022	$ 585

Derivatives - Narrative (Detail

Derivatives - Narrative (Details)	1 Months Ended	12 Months Ended
	Apr. 30, 2021 USD ($)	Dec. 31, 2022 USD ($) swap	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Other comprehensive income, cash flow hedge, gain, reclassification, before tax		$ 0	$ 149,000	$ 0
Interest rate swap receivable | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, number of instruments added during the period | swap		4
Derivative, collateral, right to reclaim cash		$ 0	1,400,000
Gain (loss) on derivative instruments, net, pretax, total		$ 0	0	$ 0
Interest rate swap receivable | Not Designated as Hedging Instrument | Loan Customer
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, number of instruments added during the period | swap		2
Interest rate swap receivable | Not Designated as Hedging Instrument | Third Party
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, number of instruments added during the period | swap		2
Interest rate swap receivable | Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on derivative instruments, net, pretax, total		$ 0
Derivative, notional amount	$ 50,000,000
Term of contract	7 years
Other comprehensive income, cash flow hedge, gain, reclassification, before tax			149,000
Derivative termination gain			$ 512,000

Derivatives - Schedule of Deriv

Derivatives - Schedule of Derivative Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
Interest Rate Swap One | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Derivative asset, notional amount	$ 4,736	$ 4,843
Derivative liability, notional amount	$ 4,736	$ 4,843
Maturity (Years)	6 years 3 months 18 days	7 years 3 months 18 days
Fixed Rate	5.25%	5.25%
Variable Rate	1.96%	1.96%
Derivative asset, fair value	$ 106	$ 638
Derivative liability, fair value	(106)	(638)
Interest Rate Swap Two | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Derivative asset, notional amount	1,363	1,398
Derivative liability, notional amount	$ 1,363	$ 1,398
Maturity (Years)	6 years 6 months	7 years 6 months
Fixed Rate	4.38%	4.38%
Variable Rate	2%	2%
Derivative asset, fair value	$ 97	$ 100
Derivative liability, fair value	$ (97)	$ (100)

Derivatives - Changes in the Co

Derivatives - Changes in the Consolidated Statements of Comprehensive Income Related to Derivatives Designed as Cash Flow Hedges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Unrealized gain recognized in accumulated other comprehensive income before reclassifications	$ 0	$ 149	$ 0
Amounts reclassified from accumulated other comprehensive income	$ 0	(149)	$ 0
Other comprehensive income		$ 0

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) lease location	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Leases [Abstract]
Number of noncancelable leases | lease	11
Number of operating leases in bank branch locations | location	4
Number of operating leases in administrative and operational spaces | location	4
Number of operating leases for ITM and ATM locations | location	2
Number of operating leases in equipment leases | lease	1
Number of finance leases | lease	0
Operating lease right-of-use asset	$ 2,223	$ 2,600
Present value of operating lease liabilities	$ 2,360	$ 2,800
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Operating lease cost	$ 582	$ 571	$ 565
Variable lease, cost	39	38	38
Lessee, operating lease, liability, to be paid	2,739	3,200
Sublease rental amount to be paid	964	812
Operating lease, expense	594	583	583
Rental income	566	543	523
Operating lease, initial direct cost expense, over term	$ 5	$ 5	$ 5

Leases - Maturity of Operating

Leases - Maturity of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
2023	$ 583
2024	446
2025	329
2026	299
2027	252
Thereafter	830
Total undiscounted lease payments	2,739	$ 3,200
Less imputed interest	(379)
Present value of operating lease liabilities	2,360	2,800
Operating lease right-of-use asset	$ 2,223	$ 2,600
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets

Leases - Lease Cost and Informa

Leases - Lease Cost and Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease cost	$ 582	$ 571	$ 565
Short-term lease cost	12	12	18
Total lease cost	594	583	583
Operating cash flows from operating leases	$ 582	$ 552	$ 543
Weighted -average remaining lease term - operating leases (in years)	8 years	8 years
Weighted -average discount rate - operating leases	3.35%	3.30%

Commitments and Contingencies (

Commitments and Contingencies (Details)	Dec. 31, 2022 agreement
Commitments and Contingencies Disclosure [Abstract]
Number of severance agreements	2

Income Taxes - Components of th

Income Taxes - Components of the Income Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current:
Federal	$ 44	$ 0	$ (100)
State	62	180	86
Current	106	180	(14)
Deferred:
Federal	1,117	1,860	(2,448)
State	373	(2,121)	2,125
Deferred	1,490	(261)	(323)
Income tax expense (benefit)	$ 1,596	$ (81)	$ (337)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of the Anticipated Income Tax Benefit (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income taxes at statutory Federal rate	$ 1,629	$ 1,053	$ (873)
State taxes, net of Federal benefit	343	404	(191)
Project expenses for merger and acquisition	(383)	383	0
Deferred tax valuation allowance	0	(1,938)	1,938
Reversal UTP on Federal DTA	0	0	(1,132)
Nondeductible expenses	(3)	(10)	8
Other	10	27	(87)
Income tax expense (benefit)	$ 1,596	$ (81)	$ (337)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating Loss Carryforwards [Line Items]
Effective income tax rate reconciliation, percent	20.60%	(1.60%)	8.10%
Deferred tax assets, valuation allowance	$ 0		$ 1,900,000
Valuation allowance change	(1,900,000)
Unrecognized tax benefits	0	$ 0	$ 0	$ 1,220,000
Domestic Tax Authority | Internal Revenue Service (IRS)
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, including limitation amount	15,800,000
Operating loss carryforwards, limitation amount	15,500,000
Operating loss carryforwards	15,800,000
Operating loss carryforwards, subject to expiration	15,500,000
Operating loss carryforwards, not subject to expiration	300,000
State and Local Jurisdiction | Department of Revenue Services for the State of Connecticut
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 52,800,000
Operating loss carryforwards, maximum percentage of taxable income per year allowed to be offset by NOLs	50%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Federal NOL carryforward benefit	$ 3,321	$ 3,605
NOL write-off for Sec 382 Limit	(3,258)	(3,258)
Capitalized cost temporary item	3,023	3,325
State NOL carryforward benefit	3,128	3,168
Allowance for loan loss	2,793	3,017
Lease liabilities	634	746
Non-accrual interest	907	827
Merger and acquisition	171	187
Accrued expenses	80	421
Unrealized loss AFS securities	5,440	569
Goodwill and intangible	104	137
Depreciation of premises and equipment	120	98
Share based compensation	0	3
Other	25	17
Gross deferred tax assets	16,488	12,862
Total deferred tax assets	16,488	12,862
Deferred tax liabilities:
Right-of-use assets	(597)	(709)
Prepaid Expenses	(337)	0
Other	(27)	(7)
Gross deferred tax liabilities	(961)	(716)
Net deferred tax asset	$ 15,527	$ 12,146

Income Taxes - Schedule of Unre

Income Taxes - Schedule of Unrecognized Tax Benefits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance, beginning of year	$ 0	$ 0	$ 1,220,000
Increases due to tax positions related to a prior year	0	0	65,000
Decreases to tax positions as a result of a lapse of statute	0	0	(1,285,000)
Balance, end of year	$ 0	$ 0	$ 0

Share-based Compensation - Narr

Share-based Compensation - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Nov. 10, 2022	Dec. 31, 2011
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum employee award amount				$ 300,000
Salaries and benefits	$ 15,506,000	$ 11,089,000	$ 14,323,000
Restricted Stock
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, excluding option, cost not yet recognized	$ 236,000
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition	2 years 9 months 10 days
2020 Stock Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized (in shares)				400,000	3,000,000
Share-based compensation arrangement by share-based payment award, number of shares available for grant (in shares)	224,731
Share-based payment arrangement, expense	$ 86,000	150,000	159,000
2020 Stock Plan | Employee
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	32,000	90,000	80,000
2020 Stock Plan | Patriot's External Directors
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment arrangement, expense	54,000	60,000	79,000
Salaries and benefits	$ 248,000	$ 325,000	$ 429,000
2020 Stock Plan | Restricted Stock | Share-based Payment Arrangement, Tranche One
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Vesting period	3 years
2020 Stock Plan | Restricted Stock | Share-based Payment Arrangement, Tranche Two
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Vesting period	4 years
2020 Stock Plan | Restricted Stock | Share-based Payment Arrangement, Tranche Three
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Vesting period	5 years

Share-based Compensation and Em

Share-based Compensation and Employee Benefit Plan - Restricted Shares (Details) - Restricted Stock - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested at beginning of year (in shares)	21,468	18,498	21,470
Granted (in shares)	9,886	20,476	12,484
Vested (in shares)	(8,694)	(12,920)	(12,903)
Forfeited (in shares)		(4,586)	(2,553)
Unvested at end of year (in shares)	22,660	21,468	18,498
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Unvested at beginning of year, weighted average grant date fair value (in usd per share)	$ 6.48	$ 7.29	$ 12.91
Granted, weighted average grant date fair value (in usd per share)	11.94	10.48	6.12
Vested, weighted average grant date fair value (in usd per share)	11.05	12.95	13.82
Forfeited, weighted average grant date fair value (in usd per share)		9.39	15.86
Unvested at end of year, weighted average grant date fair value (in usd per share)	$ 7.11	$ 6.48	$ 7.29

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - USD ($)		12 Months Ended
	Oct. 15, 2010	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Oct. 14, 2010
Subsidiary, Sale of Stock [Line Items]
Common stock, par value (usd per share)		$ 0.01	$ 0.01
Common stock, shares authorized (in shares)		100,000,000	100,000,000
Payments of ordinary dividends, common stock		$ 0	$ 0
Antidilutive securities excluded from computation of earnings per share, amount (in shares)				3,039
Securities Purchase Agreement
Subsidiary, Sale of Stock [Line Items]
Number of shares issued (in shares)	3,360,000
Sale of stock price (usd per share)	$ 15
Consideration received on transaction	$ 50,400,000
Percentage of shares sold of common stock issued and outstanding	87.60%
Common stock, par value (usd per share)	$ 0.01				$ 2
Common stock, shares authorized (in shares)	100,000,000

Shareholders' Equity - Computat

Shareholders' Equity - Computation of Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Basic earnings (loss) per share:
Net income (loss)	$ 6,161	$ 5,094	$ (3,819)
Divided by:
Weighted average shares outstanding (in shares)	3,957,097	3,946,384	3,934,886
Basic earnings (loss) per common share (usd per share)	$ 1.56	$ 1.29	$ (0.97)
Diluted earnings (loss) per share:
Net income (loss) attributable to Common shareholders	$ 6,161	$ 5,094	$ (3,819)
Weighted average shares outstanding (in shares)	3,957,097	3,946,384	3,934,886
Effect of potentially dilutive restricted common shares (in shares)	5,801	6,270	0
Divided by:
Weighted average diluted shares outstanding (in shares)	3,962,898	3,952,654	3,934,886
Diluted earnings (loss) per share (usd per share)	$ 1.55	$ 1.29	$ (0.97)

401(k) Savings Plan - Narrative

401(k) Savings Plan - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Defined benefit plan, employee eligible service period	1 month
Defined benefit plan, eligible age for employee	21 years
Defined contribution plan, employer matching contribution, percent of employees' gross pay	50%
Defined contribution plan, maximum annual contributions per employee, percent	6%
Defined contribution plan, employee eligible service period for employer match	6 months
Defined contribution plan, employee eligible service period for employer match, alternative option	500
Defined contribution plan, cost	$ 251	$ 215	$ 253

Financial Instruments With Of_3

Financial Instruments With Off-balance Sheet Risk - Financial Instruments With Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Ceded Credit Risk [Line Items]
Commitments to extend credit	$ 154,307	$ 126,981
Unused lines of credit
Ceded Credit Risk [Line Items]
Commitments to extend credit	100,986	68,341
Undisbursed construction loans
Ceded Credit Risk [Line Items]
Commitments to extend credit	12,000	18,594
Home equity lines of credit
Ceded Credit Risk [Line Items]
Commitments to extend credit	26,878	16,396
Future loan commitments
Ceded Credit Risk [Line Items]
Commitments to extend credit	14,365	23,486
Financial standby letters of credit
Ceded Credit Risk [Line Items]
Commitments to extend credit	$ 78	$ 164

Financial Instruments With Of_4

Financial Instruments With Off-balance Sheet Risk - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Risks and Uncertainties [Abstract]
Banks reserve based on analysis in unfunded commitments	$ 8	$ 8

Regulatory and Operational Ma_3

Regulatory and Operational Matters - Narrative (Details)	Dec. 31, 2022	Dec. 31, 2021
Regulatory Capital Requirements under Banking Regulations [Abstract]
Banking regulation, tier one leverage capital ratio, actual	0.093	0.099

Regulatory and Operational Ma_4

Regulatory and Operational Matters - Regulatory Capital Amounts and Ratios (Details) - Parent Company $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Banking regulation, total capital, actual	$ 100,267	$ 93,923
Banking regulation, total risk-based capital ratio, actual	0.0927	0.0986
Banking regulation, total risk-based capital, well capitalized, minimum	$ 97,388	$ 85,773
Banking regulation, total risk-based capital, well capitalized, minimum	0.0900	0.0900

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Abstract]
Percentage of related party ownership in other entities for grant of loan	10%
Proceeds from collection of (payments to fund) long-term loans to related parties, total	$ 0	$ 0
Related party deposit liabilities	$ 64,000	$ 58,000

Fair Value and Interest Rate _3

Fair Value and Interest Rate Risk - Narrative (Details)	3 Months Ended
	Dec. 31, 2022 bond
Fair Value Disclosures [Abstract]
Number of derivatives purchased, Level 3	4

Fair Value and Interest Rate _4

Fair Value and Interest Rate Risk - Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	$ 84,520	$ 94,341
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets, total	985,537	892,719
Financial liabilities, total	976,427	870,364
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial assets, total	966,941	891,279
Financial liabilities, total	969,211	873,377
Level 1 | Carrying Amount | Brokered Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	48,698	17,016
Level 1 | Carrying Amount | Cash and noninterest bearing balances due from banks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	5,182	3,264
Level 1 | Carrying Amount | Interest-bearing deposits due from banks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	33,311	43,781
Level 1 | Estimated Fair Value | Brokered Deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	47,684	17,003
Level 1 | Estimated Fair Value | Cash and noninterest bearing balances due from banks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	5,182	3,264
Level 1 | Estimated Fair Value | Interest-bearing deposits due from banks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	33,311	43,781
Level 2 | Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	75,093	81,161
Other investments	4,450	4,450
Federal Reserve Bank stock	2,627	2,843
Federal Home Loan Bank stock	3,874	4,184
Loans held for sale	5,211	3,129
Accrued interest receivable	7,267	5,822
FHLB borrowings	85,000	90,000
Senior notes	11,640	12,000
Subordinated debt	9,840	9,811
Junior subordinated debt owed to unconsolidated trust	8,128	8,119
Accrued interest payable	585	343
Interest rate swap liability	203	738
Level 2 | Carrying Amount | Demand deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	269,636	226,713
Level 2 | Carrying Amount | Savings deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	71,002	109,744
Level 2 | Carrying Amount | Money market deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	211,000	164,518
Level 2 | Carrying Amount | Negotiable order of withdrawal accounts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	34,440	34,741
Level 2 | Carrying Amount | Time deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	225,670	195,830
Level 2 | Carrying Amount | Interest rate swap receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap receivable	203	738
Level 2 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	75,093	81,161
Other investments	4,450	4,450
Federal Reserve Bank stock	2,627	2,843
Federal Home Loan Bank stock	3,874	4,184
Loans held for sale	5,534	3,506
Accrued interest receivable	7,267	5,822
FHLB borrowings	83,853	93,643
Senior notes	11,103	12,045
Subordinated debt	9,680	9,947
Junior subordinated debt owed to unconsolidated trust	8,128	8,119
Accrued interest payable	585	343
Interest rate swap liability	203	738
Level 2 | Estimated Fair Value | Demand deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	269,636	226,713
Level 2 | Estimated Fair Value | Savings deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	71,002	109,744
Level 2 | Estimated Fair Value | Money market deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	211,000	164,518
Level 2 | Estimated Fair Value | Negotiable order of withdrawal accounts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	34,440	34,741
Level 2 | Estimated Fair Value | Time deposits
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deposits	221,353	195,048
Level 2 | Estimated Fair Value | Interest rate swap receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap receivable	203	738
Level 3 | Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	9,427	13,180
Loans receivable, net	838,006	729,583
SBA servicing assets	886	584
Note payable	585	791
Level 3 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	9,427	13,180
Loans receivable, net	818,960	727,733
SBA servicing assets	1,013	617
Note payable	$ 544	$ 775

Fair Value and Interest Rate _5

Fair Value and Interest Rate Risk - Financial Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	$ 84,520	$ 94,341
U. S. Government agency and mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	59,046	66,629
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	14,655	16,921
Subordinated notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	4,602	4,626
SBA loan pools
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	5,718	5,603
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	499	562
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	84,520	94,341
Interest rate swap liability	203	738
Fair Value, Recurring | Interest rate swap receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap receivable	203	738
Fair Value, Recurring | U. S. Government agency and mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	59,046	66,629
Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	14,655	16,921
Fair Value, Recurring | Subordinated notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	4,602	4,626
Fair Value, Recurring | SBA loan pools
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	5,718	5,603
Fair Value, Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	499	562
Level 1 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Interest rate swap liability	0	0
Level 1 | Fair Value, Recurring | Interest rate swap receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap receivable	0	0
Level 1 | Fair Value, Recurring | U. S. Government agency and mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 1 | Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 1 | Fair Value, Recurring | Subordinated notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 1 | Fair Value, Recurring | SBA loan pools
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 1 | Fair Value, Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 2 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	75,093	81,161
Interest rate swap liability	203	738
Level 2 | Fair Value, Recurring | Interest rate swap receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap receivable	203	738
Level 2 | Fair Value, Recurring | U. S. Government agency and mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	59,046	66,629
Level 2 | Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	5,228	3,741
Level 2 | Fair Value, Recurring | Subordinated notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	4,602	4,626
Level 2 | Fair Value, Recurring | SBA loan pools
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	5,718	5,603
Level 2 | Fair Value, Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	499	562
Level 3 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	9,427	13,180
Interest rate swap liability	0	0
Level 3 | Fair Value, Recurring | Interest rate swap receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap receivable	0	0
Level 3 | Fair Value, Recurring | U. S. Government agency and mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 3 | Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	9,427	13,180
Level 3 | Fair Value, Recurring | Subordinated notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 3 | Fair Value, Recurring | SBA loan pools
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	0	0
Level 3 | Fair Value, Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities, at fair value	$ 0	$ 0

Fair Value and Interest Rate _6

Fair Value and Interest Rate Risk - Reconciliation of Level 3 Available-for-sale Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Level 3 fair value, beginning of year	$ 13,180	$ 0
Purchases	0	14,000
Realized gain (loss)	$ 0	$ 0
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Unrealized holding gain on cash flow hedge	Unrealized holding gain on cash flow hedge
Unrealized loss	$ (3,753)	$ (820)
Transfers in and /or out of Level 3	0	0
Level 3 fair value, end of year	$ 9,427	$ 13,180

Fair Value and Interest Rate _7

Fair Value and Interest Rate Risk - Quantitative Information About Level 3 Fair Value Measurements (Details) - Level 3 $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, net	$ 12,873	$ 20,920
SBA servicing assets	$ 1,013	$ 617
Real Estate Appraisals | Minimum | Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, net	0.058	0.058
Real Estate Appraisals | Maximum | Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, net	0.20	0.20
Discounted Cash Flows | Minimum | Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
SBA servicing assets	0.1473	0.1473
Discounted Cash Flows | Maximum | Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
SBA servicing assets	0.1490	0.1490

Parent Company-only Financial_3

Parent Company-only Financial Statements - Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Condensed Financial Statements, Captions [Line Items]
Cash and due from banks	$ 5,182	$ 3,264
Other assets	11,387	12,035
Total assets	1,043,359	948,481
Borrowings	115,193	120,700
Shareholders' equity	59,583	67,344	$ 63,219	$ 66,994
Total liabilities and shareholders' equity	1,043,359	948,481
Parent Company
Condensed Financial Statements, Captions [Line Items]
Cash and due from banks	11	377
Investment in subsidiary	89,533	96,799
Other assets	50	149
Total assets	89,594	97,325
Borrowings	29,608	29,930
Accrued expenses and other liabilities	403	51
Shareholders' equity	59,583	67,344
Total liabilities and shareholders' equity	$ 89,594	$ 97,325

Parent Company-only Financial_4

Parent Company-only Financial Statements - Condensed Statements of Income and Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Financial Statements, Captions [Line Items]
Interest on subordinated debt	$ 1,066	$ 933	$ 991
Interest on senior debt	866	913	915
Total interest expense	10,753	7,090	13,750
Other operating expense	2,136	2,004	2,199
Provision (benefit) for income taxes	1,596	(81)	(337)
Net income (loss)	6,161	5,094	(3,819)
Comprehensive (loss) income	(7,847)	3,975	(3,934)
Parent Company
Condensed Financial Statements, Captions [Line Items]
Interest on subordinated debt	1,078	941	1,001
Interest on senior debt	866	913	915
Total interest expense	1,944	1,854	1,916
Other operating expense	87	173	159
Loss before benefit for income taxes	2,031	2,027	2,075
Provision (benefit) for income taxes	(550)	(540)	(532)
Loss before equity in undistributed net income of subsidiary	1,481	1,487	1,543
Equity in undistributed net income (loss) of subsidiary	7,642	6,581	(2,276)
Net income (loss)	6,161	5,094	(3,819)
Equity in subsidiary other comprehensive loss, net of subsidiary	(14,008)	(1,119)	(115)
Comprehensive (loss) income	$ (7,847)	$ 3,975	$ (3,934)

Parent Company-only Financial_5

Parent Company-only Financial Statements - Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash Flows from Operating Activities:
Net income (loss)	$ 6,161	$ 5,094	$ (3,819)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Share-based compensation	86	150	159
Amortization of debt issuance costs	38	111	112
Decrease (increase) in other assets	879	2,124	331
(Decrease) increase in accrued expenses and other liabilities	(2,085)	3,160	(1,732)
Net cash provided by operating activities	7,036	7,596	6,281
Cash Flows from Investing Activities:
Net cash (used in) provided by investing activities	(122,051)	(55,205)	82,924
Cash Flows from Financing Activities:
Proceeds from issuance of senior notes	12,000	0	0
Repayments of senior notes	(12,000)	0	0
Net cash provided by (used in) financing activities	106,463	60,018	(93,973)
Net (decrease) increase in cash and cash equivalents	(8,552)	12,409	(4,768)
Cash and cash equivalents at beginning of year	47,045	34,636	39,404
Cash and cash equivalents at end of year	38,493	47,045	34,636
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	10,472	7,210	15,037
Supplemental Disclosure of Non-cash Activity:
Deferred debt issuance costs	360	0	0
Parent Company
Cash Flows from Operating Activities:
Net income (loss)	6,161	5,094	(3,819)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Equity in undistributed net income (loss) of subsidiary	(7,642)	(6,581)	2,276
Dividends received from Patriot Bank, N.A.	900	500	2,000
Share-based compensation	86	150	159
Amortization of debt issuance costs	38	111	112
Decrease (increase) in other assets	99	955	(540)
(Decrease) increase in accrued expenses and other liabilities	(8)	(399)	(315)
Net cash provided by operating activities	(366)	(170)	(127)
Cash Flows from Investing Activities:
Net (increase) decrease in investment in Patriot Bank N.A.	0	(1)	8
Net cash (used in) provided by investing activities	0	(1)	8
Cash Flows from Financing Activities:
Proceeds from issuance of senior notes	12,000	0	0
Repayments of senior notes	(12,000)	0	0
Net cash provided by (used in) financing activities	0	0	0
Net (decrease) increase in cash and cash equivalents	(366)	(171)	(119)
Cash and cash equivalents at beginning of year	377	548	667
Cash and cash equivalents at end of year	11	377	548
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest	1,897	1,570	1,776
Supplemental Disclosure of Non-cash Activity:
Deferred debt issuance costs	$ 360	$ 0	$ 0