PCB Bancorp (PCB) 10-Q 6 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Oct. 31, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	PCB Bancorp
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		15,690,836
Amendment Flag	false
Entity Central Index Key	0001423869
Entity Filer Category	Accelerated Filer
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity emerging growth company	true
Entity small business	true
Transition period	true
Entity current reporting status	Yes
Entity shell company	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 22,546	$ 24,121
Interest-bearing deposits in other financial institutions	99,366	138,152
Total cash and cash equivalents	121,912	162,273
Securities available-for-sale, at fair value	134,602	146,991
Securities held-to-maturity, at amortized cost (fair value of $21,872 at September 30, 2019 and $21,152 at December 31, 2018)	21,601	21,760
Total investment securities	156,203	168,751
Loans held-for-sale	1,583	5,781
Loans held-for-investment, net of deferred loan costs (fees)	1,389,830	1,338,682
Allowance for loan losses	(13,094)	(13,167)
Net loans held-for-investment	1,376,736	1,325,515
Premises and equipment, net	4,008	4,588
Federal Home Loan Bank and other restricted stock, at cost	8,345	7,433
Deferred tax assets, net	3,389	3,377
Servicing assets	6,899	7,666
Operating lease assets	9,561	0
Accrued interest receivable and other assets	10,810	11,644
Total assets	1,699,446	1,697,028
Deposits:
Noninterest-bearing demand	353,448	329,270
Savings, NOW and money market accounts	341,980	313,610
Time deposits of $250,000 or less	440,049	519,634
Time deposits of more than $250,000	296,785	281,239
Total deposits	1,432,262	1,443,753
Federal Home Loan Bank advances	20,000	30,000
Operating lease liabilities	10,574	0
Accrued interest payable and other liabilities	11,967	12,979
Total liabilities	1,474,803	1,486,732
Commitments and contingent liabilities
Preferred stock, 10,000,000 shares authorized, no par value, 0 issued and outstanding shares	0	0
Common stock, 60,000,000 shares authorized, no par value; 15,710,287 and 15,977,754 shares issued and outstanding, respectively, and included 37,400 and 0 shares of unvested restricted stock, respectively, at September 30, 2019 and December 31, 2018	169,224	174,366
Retained earnings	54,768	37,577
Accumulated other comprehensive income (loss), net	651	(1,647)
Total shareholders’ equity	224,643	210,296
Total liabilities and shareholders’ equity	$ 1,699,446	$ 1,697,028

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Securities held-to-maturity, fair value	$ 21,872	$ 21,152
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, authorized (in shares)	60,000,000	60,000,000
Common stock, issued (in shares)	15,710,287	15,977,754
Common stock, outstanding (in shares)	15,710,287	15,977,754
Unvested restricted stock (in shares)	350,135	347,274
Restricted stock awards
Unvested restricted stock (in shares)	37,400	0

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Interest income:
Interest and fees on loans	$ 21,876	$ 19,699	$ 64,779	$ 55,749
Interest on tax-exempt investment securities	38	39	115	120
Interest on investment securities	940	892	3,018	2,528
Interest and dividends on other interest-earning assets	833	866	2,757	2,071
Total interest income	23,687	21,496	70,669	60,468
Interest expense:
Interest on deposits	6,060	4,643	17,925	12,101
Interest on borrowings	98	137	370	475
Total interest expense	6,158	4,780	18,295	12,576
Net interest income	17,529	16,716	52,374	47,892
Provision (reversal) for loan losses	(102)	417	207	937
Net interest income after provision for loan losses	17,631	16,299	52,167	46,955
Noninterest income:
Service charges and fees on deposits	667	613	1,875	1,775
Loan servicing income	534	578	1,657	1,789
Gain on sale of loans	1,540	1,328	4,551	4,477
Other income	323	297	920	847
Total noninterest income	2,802	2,580	8,265	8,215
Noninterest expense:
Salaries and employee benefits	6,901	5,840	20,123	18,239
Occupancy and equipment	1,408	1,244	4,128	3,634
Professional fees	664	213	2,108	1,724
Marketing and business promotion	292	555	1,049	1,484
Data processing	348	314	1,004	911
Director fees and expenses	188	220	562	661
Regulatory assessments	0	192	425	469
Other expenses	976	942	2,651	2,969
Total noninterest expense	10,777	9,520	32,050	30,091
Income before income taxes	9,656	9,359	28,382	25,079
Income tax expense	2,871	2,816	8,432	7,510
Net income	$ 6,785	$ 6,543	$ 19,950	$ 17,569
Earnings per common share, basic (in dollars per share)	$ 0.43	$ 0.44	$ 1.25	$ 1.27
Earnings per common share, diluted (in dollars per share)	$ 0.42	$ 0.44	$ 1.23	$ 1.25
Weighted-average common shares outstanding, basic (in shares)	15,816,269	14,730,120	15,943,603	13,865,190
Weighted-average common shares outstanding, diluted (in shares)	16,099,598	14,924,546	16,231,848	14,051,561
Service charges and fees on deposits
Noninterest income:
Service charges and fees on deposits	$ 405	$ 377	$ 1,137	$ 1,102

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 6,785	$ 6,543	$ 19,950	$ 17,569
Other comprehensive income (loss):
Unrealized gain (loss) on securities available-for-sale arising during the period	443	(604)	3,253	(2,564)
Income tax benefit (expense) related to items of other comprehensive income	(130)	176	(955)	747
Total other comprehensive income (loss), net of tax	313	(428)	2,298	(1,817)
Total comprehensive income	$ 7,098	$ 6,115	$ 22,248	$ 15,752

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2017		13,417,899
Beginning balance at Dec. 31, 2017	$ 142,184	$ 128,371	$ 15,036	$ (1,223)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	17,569		17,569
Other comprehensive income (loss), net of tax	(1,817)			(1,817)
Stock issued under stock offering, net of expenses (in shares)		2,508,234
Stock issued under stock offering, net of expenses	45,537	$ 45,537
Share-based compensation expense	486	$ 486
Stock options exercised (in shares)		46,781
Stock options exercised	259	$ 259
Cash dividends declared on common stock	$ (1,280)		(1,280)
Cash dividends declared (in dollars per share)	$ 0.09
Balance at end of period at Sep. 30, 2018	$ 202,938	$ 174,653	31,325	(3,040)
Ending balance (in shares) at Sep. 30, 2018		15,972,914
Beginning balance (in shares) at Jun. 30, 2018		13,435,214
Beginning balance at Jun. 30, 2018	151,431	$ 128,785	25,258	(2,612)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,543		6,543
Other comprehensive income (loss), net of tax	(428)			(428)
Stock issued under stock offering, net of expenses (in shares)		2,508,234
Stock issued under stock offering, net of expenses	45,537	$ 45,537
Share-based compensation expense	147	$ 147
Stock options exercised (in shares)		29,466
Stock options exercised	184	$ 184
Cash dividends declared on common stock	$ (476)		(476)
Cash dividends declared (in dollars per share)	$ 0.03
Balance at end of period at Sep. 30, 2018	$ 202,938	$ 174,653	31,325	(3,040)
Ending balance (in shares) at Sep. 30, 2018		15,972,914
Beginning balance (in shares) at Dec. 31, 2018	15,977,754	15,977,754
Beginning balance at Dec. 31, 2018	$ 210,296	$ 174,366	37,577	(1,647)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	19,950		19,950
Other comprehensive income (loss), net of tax	$ 2,298			2,298
Issuance of restricted stock (in shares)		37,700
Repurchase of common stock (in shares)	(374,069)	(374,069)
Repurchase of common stock	$ (6,104)	$ (6,104)
Share-based compensation expense	$ 503	$ 503
Stock options exercised (in shares)	68,902	68,902
Stock options exercised	$ 459	$ 459
Cash dividends declared on common stock	$ (2,706)		(2,706)
Cash dividends declared (in dollars per share)	$ 0.17
Balance at end of period at Sep. 30, 2019	$ 224,643	$ 169,224	54,768	651
Ending balance (in shares) at Sep. 30, 2019	15,710,287	15,710,287
Beginning balance (in shares) at Jun. 30, 2019		15,980,655
Beginning balance at Jun. 30, 2019	$ 223,400	$ 174,135	48,927	338
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,785		6,785
Other comprehensive income (loss), net of tax	$ 313			313
Issuance of restricted stock (in shares)		37,700
Repurchase of common stock (in shares)	(316,518)	(316,518)
Repurchase of common stock	$ (5,130)	$ (5,130)
Share-based compensation expense	$ 180	$ 180
Stock options exercised (in shares)	8,450	8,450
Stock options exercised	$ 39	$ 39
Cash dividends declared on common stock	$ (944)		(944)
Cash dividends declared (in dollars per share)	$ 0.06
Balance at end of period at Sep. 30, 2019	$ 224,643	$ 169,224	$ 54,768	$ 651
Ending balance (in shares) at Sep. 30, 2019	15,710,287	15,710,287

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities
Net income	$ 19,950	$ 17,569
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment	1,152	926
Net amortization of premiums on securities	641	577
Net accretion of discounts on loans	(3,083)	(3,057)
Net accretion of deferred loan costs (fees)	(327)	(371)
Amortization of servicing assets	1,875	1,931
Provision for loan losses	207	937
Deferred tax expense (benefit)	(967)	386
Stock-based compensation	503	486
Gain on sale of loans	(4,551)	(4,477)
Originations of loans held-for-sale	75,023	78,478
Proceeds from sales of and principal collected on loans held-for-sale	84,943	76,310
Change in accrued interest receivable and other assets	840	989
Change in accrued interest payable and other liabilities	(326)	2,798
Net cash provided by operating activities	25,834	16,526
Cash flows from investing activities
Purchase of securities available-for-sale	(6,247)	(26,073)
Proceeds from maturities, calls, and paydowns of securities available-for-sale	21,365	17,543
Purchase of securities held-to-maturity	(2,150)	(2,011)
Proceeds from maturities and paydowns of securities held-to-maturity	2,192	1,078
Proceeds from sale of loans held-for-sale previously classified as held-for-investment	826	7,208
Net change in loans held-for-investment	(50,280)	(125,059)
Purchase of loans held-for-investment	(893)	0
Purchase of Federal Home Loan Bank stock	(912)	(844)
Proceeds from sale of other real estate owned	321	102
Purchases of premises and equipment	(575)	(824)
Net cash used in investing activities	(36,353)	(128,880)
Cash flows from financing activities
Net increase (decrease) in deposits	(11,491)	168,236
Repayment of long-term Federal Home Loan Bank advances	(10,000)	(10,000)
Stock options exercised	459	259
Stock issued under stock offering, net of expenses	0	45,537
Repurchase of common stock	(6,104)	0
Cash dividends paid on common stock	(2,706)	(1,280)
Net cash provided by (used in) financing activities	(29,842)	202,752
Net increase (decrease) in cash and cash equivalents	(40,361)	90,398
Cash and cash equivalents at beginning of year	162,273	73,658
Cash and cash equivalents at end of year	121,912	164,056
Supplemental disclosures of cash flow information:
Interest paid	19,018	9,863
Income taxes paid	9,410	5,359
Supplemental disclosures of non-cash investment activities:
Loans transferred to loans held-for-sale	824	7,034
Loans transferred to other real estate owned	50	0
Right of use assets obtained in exchange for lease obligations	$ 1,616	$ 0

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and Significant Accounting Policies Nature of Operations PCB Bancorp (collectively, with its consolidated subsidiary, the “Company,” “we,” “us” or “our”) is a bank holding company whose subsidiary is Pacific City Bank (the “Bank”). The Company changed its corporate name from “Pacific City Financial Corporation” to “PCB Bancorp” in July 2019. The Bank is a single operating segment that operates 11 full-service branches in Los Angeles and Orange counties, California, one full-service branch in each of Fort Lee, New Jersey and Bayside, New York, and 10 loan production offices (“LPOs”) in Irvine, Artesia and Los Angeles, California; Annandale, Virginia; Chicago, Illinois; Atlanta, Georgia; Bellevue, Washington; Aurora, Colorado; Carrollton, Texas; and New York, New York. The Bank offers a broad range of loans, deposits, and other products and services predominantly to small and middle market businesses and individuals. Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared pursuant to Article 10 of SEC Regulation S-X and other SEC rules and regulations for reporting on the Quarterly Report on Form 10-Q. Accordingly, certain disclosures required by U.S. generally accepted accounting principles (“GAAP”) are not included herein. These interim statements should be read in conjunction with the audited consolidated financial statements and notes included in the Annual Report on Form 10-K for the year ended December 31, 2018 filed by the Company with the SEC. The December 31, 2018 balance sheet presented herein has been derived from the audited financial statements included in the Annual Report on Form 10-K for the year ended December 31, 2018 filed with the SEC, but does not include all of the disclosures required by GAAP for complete financial statements. In the opinion of management of the Company, the accompanying unaudited interim consolidated financial statements reflect all of the adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the consolidated financial condition and consolidated results of operations as of the dates and for the periods presented. Certain reclassifications have been made in the prior period financial statements to conform to the current period presentation. The results of operations for the nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. Principles of Consolidation The consolidated financial statements include the accounts of PCB Bancorp and its wholly owned subsidiary as of September 30, 2019 and December 31, 2018 and for the three and nine months ended September 30, 2019 and 2018 . Significant inter-company accounts and transactions have been eliminated in consolidation. Unless the context requires otherwise, all references to the Company include its wholly owned subsidiary. Significant Accounting Policies The accounting and reporting policies of the Company are based upon GAAP and conform to predominant practices within the banking industry. The Company has not made any significant changes in its critical accounting policies from those disclosed in its Annual Report on Form 10-K for the year ended December 31, 2018 filed with the SEC. Refer to Adopted Accounting Pronouncements below for discussion of accounting pronouncements adopted during the nine months ended September 30, 2019 . Use of Estimates in the Preparation of Financial Statements The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. These estimates are subject to change and such change could have a material effect on the consolidated financial statements. Actual results may differ from those estimates. Adopted Accounting Pronouncements During the nine months ended September 30, 2019 , the following accounting pronouncements applicable to the Company were adopted: In February 2016, the FASB issued Accounting Standard Update (“ASU”) 2016-02, “Leases (Topic 842).” In July 2018, the FASB issued ASU 2018-10, “Codification Improvements to Topic 842, Leases,” and ASU 2018-11, “Leases Topic 842, Targeted Improvements,” to provide additional clarification, implementation, and transition guidance on certain aspects of ASU 2016-02. The amendments in ASU 2016-02 require lessees to recognize lease assets and lease liabilities for both leases classified as operating leases and finance leases, except leases with a term of 12 months or less where lessees are permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. For leases with a term of greater than 12 months, lessees are required to recognize a liability to make lease payments and a right-of-use assets representing its right to use the underlying asset for the lease term measured at the present value of the lease payments. ASU 2016-02 and ASU 2018-10 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years for a public business entity. Under ASU 2018-11, an additional transition option was provided that would allow entities to not apply the new guidance in the comparative periods they present in their financial statements in the year of adoption. Under this optional transition method, entities will be allowed to continue using and presenting leases under Accounting Standard Codification (“ASC”) 840 for prior years comparative periods and then prospectively adopt ASC 842 on January 1, 2019, recognizing a cumulative-effect adjustment to the opening balance of retained earnings. The Company adopted this guidance in the first quarter of 2019 using the optional transition method with a cumulative effect adjustment to retained earnings without restating prior period financial statements for comparable amounts. The Company elected the package of practical expedients permitted under the transition guidance within this ASU, which allowed the Company to carry forward the historical lease classification. The Company completed its review of its existing lease contracts and service contracts that may include embedded leases, and updated processes and internal controls for leasing activities. The Company recognized right-of-use lease assets and liabilities of $9.6 million and $10.6 million , respectively, with a cumulative effect adjustment of $53 thousand to retained earnings at the date of adoption. Adoption of this ASU did not have a material impact on the Company’s consolidated financial statements other than the recognition of right-of-use lease assets and liabilities. See Note 6 for additional information. In March 2017, the FASB issued ASU 2017-08, “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities.” The amendments in this ASU shorten the amortization period for certain callable debt securities acquired at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount, which continue to be amortized to maturity. Public business entities must prospectively apply the amendments in this ASU to annual periods beginning after December 15, 2018, including interim periods. Adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted The following are recently issued accounting pronouncements applicable to the Company that have not yet been adopted: In June 2016, the FASB issued ASU 2016-13, “Financial Instruments-Credit Losses (Topic 326).” The amendments in this ASU require that entities change the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model. Under this model, entities will estimate credit losses over the entire contractual term of the instrument from the date of initial recognition of that instrument. It includes financial assets such as loan receivables, held-to-maturity debt securities, net investment in leases that are not accounted for at fair value through net income, and certain off-balance sheet credit exposures. This ASU is effective for public business entities that are SEC filers for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. In July 2019, the FASB voted to tentatively delay the effective date of this ASU to 2023 for certain SEC filers that are Smaller Reporting Companies, which would apply to the Company. In October 2019, the FASB approved this proposed amendment. The Company plans to adopt this ASU at the delayed effective date of 2023.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements ASC 820, Fair Value Measurements and Disclosures, defines fair value, establishes a framework for measuring fair value including a three-level valuation hierarchy, and expands disclosures about fair value measurements. Fair value is the exchange price that would be received for an asset or paid to transfer a liability (i.e. an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The three-level fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that may be used to measure fair value are defined as follows: • Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. • Level 2: Significant observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. • Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Fair value is measured on a recurring basis for certain assets and liabilities in which fair value is the primary basis of accounting. Additionally, fair value is used on a non-recurring basis to evaluate certain assets or liabilities for impairment or for disclosure purposes. Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company records securities available-for-sale at fair value on a recurring basis. Certain other assets, such as loans held-for-sale, impaired loans, servicing assets and other real estate owned (“OREO”) are recorded at fair value on a non-recurring basis. Non-recurring fair value measurements typically involve assets that are periodically evaluated for impairment and for which any impairment is recorded in the period in which the re-measurement is performed. The following is a description of valuation methodologies used for assets and liabilities recorded at fair value: Investment securities : The fair values of securities available-for-sale are determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1) or matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2). Management reviews the valuation techniques and assumptions used by the provider and determines that the provider uses widely accepted valuation techniques based on observable market inputs appropriate for the type of security being measured. Securities held-to-maturity are not measured at fair value on a recurring basis. Loans held-for-sale : The Company records SBA loans held-for-sale, residential property loans held-for-sale and certain non-residential real estate loans held-for-sale at the lower of cost or fair value, on an aggregate basis. The Company obtains fair values from a third party independent valuation service provider. Loans held-for-sale accounted for at the lower of cost or fair value are considered to be recognized at fair value when they are recorded at below cost, on an aggregate basis, and are classified as Level 2. Impaired loans : The Company records fair value adjustments on certain loans that reflect (i) partial write-downs, through charge-offs or specific reserve allowances, that are based on the current appraised or market-quoted value of the underlying collateral or (ii) the full charge-off of the loan carrying value. In some cases, the properties for which market quotes or appraised values have been obtained are located in areas where comparable sales data is limited, outdated, or unavailable. Fair value estimates for collateral-dependent impaired loans are obtained from real estate brokers or other third-party consultants, and are classified as Level 3. Other real estate owned : The Company initially records OREO at fair value at the time of foreclosure. Thereafter, OREO is recorded at the lower of cost or fair value based on their subsequent changes in fair value. The fair value of OREO is generally based on recent real estate appraisals adjusted for estimated selling costs. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments may be significant and result in a Level 3 classification due to the unobservable inputs used for determining fair value. Only OREO with a valuation allowance are considered to be carried at fair value. Servicing Assets: Servicing assets represent the value associated with servicing loans that have been sold. The fair value for servicing assets is determined through discounted cash flow analysis and utilizes discount rates and prepayment speed assumptions as inputs. All of these assumptions require a significant degree of management estimation and judgment. The fair market valuation is performed on a quarterly basis for servicing assets. Servicing assets are accounted for at the lower of cost or market value and considered to be recognized at fair value when they are recorded at below cost and are classified as Level 3. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of dates indicated: Fair Value Measurement Level ($ in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total September 30, 2019 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 64,484 $ — $ 64,484 Residential collateralized mortgage obligations — 49,192 — 49,192 SBA loan pool securities — 20,138 — 20,138 Municipal bonds — 788 — 788 Total securities available-for-sale — 134,602 — 134,602 Total assets measured at fair value on a recurring basis $ — $ 134,602 $ — $ 134,602 Total liabilities measured at fair value on a recurring basis $ — $ — $ — $ — December 31, 2018 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 67,921 $ — $ 67,921 Residential collateralized mortgage obligations — 55,649 — 55,649 SBA loan pool securities — 22,632 — 22,632 Municipal bonds — 789 — 789 Total securities available-for-sale — 146,991 — 146,991 Total assets measured at fair value on a recurring basis $ — $ 146,991 $ — $ 146,991 Total liabilities measured at fair value on a recurring basis $ — $ — $ — $ — Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis The following table presents the Company’s assets and liabilities measured at fair value on a non-recurring basis as of dates indicated: Fair Value Measurement Level ($ in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total September 30, 2019 Impaired loans: SBA property $ — $ — $ 654 $ 654 Total impaired loans — — 654 654 Total assets measured at fair value on a non-recurring basis $ — $ — $ 654 $ 654 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ — December 31, 2018 Impaired loans: SBA property $ — $ — $ 51 $ 51 Total impaired loans — — 51 51 Total assets measured at fair value on a non-recurring basis $ — $ — $ 51 $ 51 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ — For assets measured at fair value, the following table presents the total net losses, which include charge-offs, recoveries, specific reserves, impairment on servicing assets, gain (loss) on sale of OREO, and OREO valuation write-downs recorded for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Collateral dependent impaired loans: Commercial property $ — $ — $ — $ (53 ) SBA property — — (20 ) (151 ) Servicing assets - residential property loans — (4 ) — (4 ) Other real estate owned (18 ) — (18 ) 3 Net losses recognized $ (18 ) $ (4 ) $ (38 ) $ (205 ) Fair Value of Financial Instruments The fair value of a financial instrument is the amount at which the asset or obligation could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Fair value estimates are made at a specific point in time based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the entire holdings of a particular financial instrument. Because no market value exists for a significant portion of the financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature, involve uncertainties and matters of judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on financial instruments both on and off the consolidated balance sheet without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Additionally, tax consequences related to the realization of the unrealized gains and losses can have a potential effect on fair value estimates and have not been considered in many of the estimates. The following methods and assumptions were used to estimate the fair value of significant financial instruments. Financial assets : The carrying amounts of interest-bearing deposits with other financial institutions and accrued interest receivable are considered to approximate fair value. The fair values of investment securities are generally based on matrix pricing (Level 2). The fair value of loans is estimated based on a discounted cash flow approach under an exit price notion. The fair value reflects the estimated yield that would be negotiated with a willing market participant. Because sale transactions of such loans are not readily observable, as many of the loans have unique risk characteristics, the valuation is based on significant unobservable inputs (Level 3). It is not practical to determine the fair value of Federal Home Loan Bank (“FHLB”) and other restricted stock due to restrictions placed on its transferability. Financial liabilities : The carrying amounts of accrued interest payable are considered to approximate fair value. The fair value of deposits is estimated based on discounted cash flows. The discount rate is derived from the interest rates currently being offered for similar remaining maturities. Non-maturity deposits are estimated based on their historical decaying experiences (Level 3). The fair value of FHLB advances is estimated based on discounted cash flows. The discount rate is derived from the current market rates for borrowings with similar remaining maturities (Level 2). Off-balance-sheet financial instruments : The fair value of commitments to extend credit and standby letters of credit is estimated using the fees currently charged to enter into similar agreements. The fair value of these financial instruments is not material and is excluded from the table below. The following table presents the carrying value and estimated fair values of financial assets and liabilities as of the dates indicated: Carrying Value Fair Value Fair Value Measurements ($ in thousands) Level 1 Level 2 Level 3 September 30, 2019 Financial assets: Interest-bearing deposits in other financial institutions $ 99,366 $ 99,366 $ 99,366 $ — $ — Securities available-for-sale 134,602 134,602 — 134,602 — Securities held-to-maturity 21,601 21,872 — 21,872 — Loans held-for-sale 1,583 1,711 — 1,711 — Net loans held-for-investment 1,376,736 1,385,687 — — 1,385,657 FHLB and other restricted stock 8,345 N/A N/A N/A N/A Accrued interest receivable 4,906 4,906 24 477 4,405 Financial liabilities: Deposits $ 1,432,262 $ 1,444,344 $ — $ — $ 1,444,344 FHLB advances 20,000 20,129 — 20,129 — Accrued interest payable 5,500 5,500 — 1 5,499 December 31, 2018 Financial assets: Interest-bearing deposits in other financial institutions $ 138,152 $ 138,152 $ 138,152 $ — $ — Securities available-for-sale 146,991 146,991 — 146,991 — Securities held-to-maturity 21,760 21,152 — 21,152 — Loans held-for-sale 5,781 6,175 — 6,175 — Net loans held-for-investment 1,325,515 1,337,299 — — 1,337,299 FHLB and other restricted stock 7,433 N/A N/A N/A N/A Accrued interest receivable 5,178 5,178 112 568 4,498 Financial liabilities: Deposits $ 1,443,753 $ 1,425,023 $ — $ — $ 1,425,023 FHLB advances 30,000 29,641 — 29,641 — Accrued interest payable 6,223 6,223 — 1 6,222

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities Debt securities have been classified as available-for-sale or held-to-maturity in the consolidated balance sheets according to management’s intent. The following table presents the amortized cost and fair value of the investment securities as of the dates indicated: ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value September 30, 2019 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 63,847 $ 862 $ (225 ) $ 64,484 Residential collateralized mortgage obligations 49,335 159 (302 ) 49,192 SBA loan pool securities 19,935 232 (29 ) 20,138 Municipal bonds 769 19 — 788 Total securities available-for-sale $ 133,886 $ 1,272 $ (556 ) $ 134,602 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 16,655 $ 47 $ (115 ) $ 16,587 Municipal bonds 4,946 339 — 5,285 Total securities held-to-maturity $ 21,601 $ 386 $ (115 ) $ 21,872 December 31, 2018 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 68,975 $ 177 $ (1,231 ) $ 67,921 Residential collateralized mortgage obligations 56,625 55 (1,031 ) 55,649 SBA loan pool securities 23,144 — (512 ) 22,632 Municipal bonds 784 5 — 789 Total securities available-for-sale $ 149,528 $ 237 $ (2,774 ) $ 146,991 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 16,659 $ — $ (602 ) $ 16,057 Municipal bonds 5,101 37 (43 ) 5,095 Total securities held-to-maturity $ 21,760 $ 37 $ (645 ) $ 21,152 As of September 30, 2019 and December 31, 2018 , pledged securities were $98.9 million and $112.2 million , respectively. These securities were pledged for the State Deposit from the California State Treasurer. The following table presents the amortized cost and fair value of the investment securities by contractual maturity as of September 30, 2019 . Expected maturities may differ from contractual maturities, if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. Securities Available-For-Sale Securities Held-To-Maturity ($ in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Within one year $ — $ — $ 103 $ 103 One to five years — — 2,234 2,302 Five to ten years 769 788 285 299 Greater than ten years — — 2,324 2,581 Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities 133,117 133,814 16,655 16,587 Total $ 133,886 $ 134,602 $ 21,601 $ 21,872 The following table presents proceeds from sales and calls of securities available-for-sale and the associated gross gains and losses realized through earnings upon the sales and calls of securities available-for-sale for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Gross realized gains on sales and calls of securities available-for-sale $ — $ — $ — $ — Gross realized losses on sales and calls of securities available-for-sale — — — — Net realized gains (losses) on sales and calls of securities available-for-sale $ — $ — $ — $ — Proceeds from sales and calls of securities available-for-sale $ — $ — $ — $ 1,060 Tax expense on sales and calls of securities available-for-sale $ — $ — $ — $ — The following table summarizes the investment securities with unrealized losses by security type and length of time in a continuous unrealized loss position as of the dates indicated: Length of Time that Individual Securities Have Been In a Continuous Unrealized Loss Position Less Than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities September 30, 2019 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 2,914 $ (8 ) 5 $ 23,728 $ (217 ) 31 $ 26,642 $ (225 ) 36 Residential collateralized mortgage obligations 18,080 (59 ) 14 20,116 (243 ) 23 38,196 (302 ) 37 SBA loan pool securities 2,574 (11 ) 2 2,382 (18 ) 4 4,956 (29 ) 6 Total securities available-for-sale $ 23,568 $ (78 ) 21 $ 46,226 $ (478 ) 58 $ 69,794 $ (556 ) 79 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 1,984 $ (2 ) 2 $ 8,760 $ (113 ) 9 $ 10,744 $ (115 ) 11 Total securities held-to-maturity $ 1,984 $ (2 ) 2 $ 8,760 $ (113 ) 9 $ 10,744 $ (115 ) 11 December 31, 2018 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 1,868 $ (6 ) 2 $ 41,845 $ (1,225 ) 48 $ 43,713 $ (1,231 ) 50 Residential collateralized mortgage obligations 7,067 (29 ) 5 34,943 (1,002 ) 34 42,010 (1,031 ) 39 SBA loan pool securities 2,809 (7 ) 2 19,823 (505 ) 18 22,632 (512 ) 20 Total securities available-for-sale $ 11,744 $ (42 ) 9 $ 96,611 $ (2,732 ) 100 $ 108,355 $ (2,774 ) 109 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 2,022 $ (23 ) 1 $ 14,035 $ (579 ) 15 $ 16,057 $ (602 ) 16 Municipal bonds 2,600 (38 ) 8 497 (5 ) 3 3,097 (43 ) 11 Total securities held-to-maturity $ 4,622 $ (61 ) 9 $ 14,532 $ (584 ) 18 $ 19,154 $ (645 ) 27 The Company performs an other-than-temporary impairment (“OTTI”) assessment at least on a quarterly basis. OTTI is recognized when fair value is below the amortized cost where: (i) an entity has the intent to sell the security; (ii) it is more likely than not that an entity will be required to sell the security before recovery of its amortized cost basis; or (iii) an entity does not expect to recover the entire amortized cost basis of the security. All individual securities in a continuous unrealized loss position for 12 months or more as of September 30, 2019 and December 31, 2018 had an investment grade rating upon purchase. The issuers of these securities have not established any cause for default on these securities and various rating agencies have reaffirmed their long-term investment grade status as of September 30, 2019 and December 31, 2018 . These securities have fluctuated in value since their purchase dates as market interest rates fluctuated. The Company does not intend to sell these securities and it is more likely than not that the Company will not be required to sell before the recovery of its amortized cost basis. In addition, the unrealized losses on municipal bonds are not considered other-than-temporary impaired, as the bonds are rated investment grade and there are no credit quality concerns with the issuers at December 31, 2018 . All of municipal bonds were with unrealized gains at September 30, 2019 . Interest payments have been made as scheduled, and management believes this will continue in the future until the bonds get paid in full. The Company determined that the investment securities with unrealized losses for twelve months or more are not other-than-temporary impaired, and, therefore, no impairment was recognized during the nine months ended September 30, 2019 and 2018 .

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
Loans and Allowance for Loan Losses	Loans and Allowance for Loan Losses Loans Held-For-Investment The following table presents, by recorded investment, the composition of the Company’s loans held-for-investment (net of deferred fees and costs) as of the dates indicated: ($ in thousands) September 30, 2019 December 31, 2018 Real estate loans: Commercial property $ 759,881 $ 709,409 Residential property 236,382 233,816 SBA property 126,347 120,939 Construction 17,175 27,323 Total real estate loans 1,139,785 1,091,487 Commercial and industrial loans: Commercial term 105,433 102,133 Commercial lines of credit 95,997 91,994 SBA commercial term 25,326 27,147 Total commercial and industrial loans 226,756 221,274 Other consumer loans 23,289 25,921 Loans held-for-investment 1,389,830 1,338,682 Allowance for loan losses (13,094 ) (13,167 ) Net loans held-for-investment $ 1,376,736 $ 1,325,515 In the ordinary course of business, the Company may grant loans to certain officers and directors, and the companies with which they are associated. As of September 30, 2019 and December 31, 2018 , the Company had $3.8 million and $2.4 million , respectively, of such loans outstanding. Allowance for Loan Losses The following table presents the activities in allowance for loan losses by portfolio segment, which is consistent with the Company’s methodology for determining allowance for loan losses, for the three months ended September 30, 2019 and 2018 : Three Months Ended ($ in thousands) Real Estate Commercial and Industrial Other Consumer Total Balance at July 1, 2019 $ 9,711 $ 3,426 $ 191 $ 13,328 Charge-offs — (179 ) (47 ) (226 ) Recoveries on loans previously charged off — 38 56 94 Provision (reversal) for loan losses (33 ) (6 ) (63 ) (102 ) Balance at September 30, 2019 $ 9,678 $ 3,279 $ 137 $ 13,094 Balance at July 1, 2018 $ 9,323 $ 3,108 $ 190 $ 12,621 Charge-offs — (18 ) (26 ) (44 ) Recoveries on loans previously charged off 16 46 41 103 Provision for loan losses 269 108 40 417 Balance at September 30, 2018 $ 9,608 $ 3,244 $ 245 $ 13,097 The following table presents the activities in allowance for loan losses by portfolio segment, which is consistent with the Company’s methodology for determining allowance for loan losses, for the nine months ended September 30, 2019 and 2018 : Nine Months Ended ($ in thousands) Real Estate Commercial and Industrial Other Consumer Total Balance at January 1, 2019 $ 9,104 $ 3,877 $ 186 $ 13,167 Charge-offs (19 ) (347 ) (158 ) (524 ) Recoveries on loans previously charged off 4 112 128 244 Provision (reversal) for loan losses 589 (363 ) (19 ) 207 Balance at September 30, 2019 $ 9,678 $ 3,279 $ 137 $ 13,094 Balance at January 1, 2018 $ 8,507 $ 3,548 $ 169 $ 12,224 Charge-offs (204 ) (108 ) (167 ) (479 ) Recoveries on loans previously charged off 68 280 67 415 Provision (reversal) for loan losses 1,237 (476 ) 176 937 Balance at September 30, 2018 $ 9,608 $ 3,244 $ 245 $ 13,097 The following tables present the information on allowance for loan losses and recorded investments by portfolio segment and impairment methodology as of the dates indicated: ($ in thousands) Real Estate Commercial and Industrial Other Consumer Total September 30, 2019 Allowance for loan losses: Individually evaluated for impairment $ 84 $ — $ — $ 84 Collectively evaluated for impairment 9,594 3,279 137 13,010 Total $ 9,678 $ 3,279 $ 137 $ 13,094 Loans receivable: Individually evaluated for impairment $ 2,082 $ 468 $ — $ 2,550 Collectively evaluated for impairment 1,137,703 226,288 23,289 1,387,280 Total $ 1,139,785 $ 226,756 $ 23,289 $ 1,389,830 December 31, 2018 Allowance for loan losses: Individually evaluated for impairment $ 1 $ 93 $ — $ 94 Collectively evaluated for impairment 9,103 3,784 186 13,073 Total $ 9,104 $ 3,877 $ 186 $ 13,167 Loans receivable: Individually evaluated for impairment $ 1,156 $ 320 $ — $ 1,476 Collectively evaluated for impairment 1,090,331 220,954 25,921 1,337,206 Total $ 1,091,487 $ 221,274 $ 25,921 $ 1,338,682 Credit Quality Indicators The Company classifies loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, historical payment experience, collateral adequacy, credit documentation, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans in regards to credit risk. This analysis typically includes non-homogeneous loans, such as commercial property and commercial and industrial loans, and is performed on an ongoing basis as new information is obtained. The Company uses the following definitions for risk ratings: Pass - Loans classified as pass include non-homogeneous loans not meeting the risk ratings defined below and smaller, homogeneous loans not assessed on an individual basis. Special Mention - Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in the deterioration of repayment prospects for the loan or of the institution’s credit position at some future date. Substandard - Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful - Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or repayment in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The following table presents the risk categories for the recorded investment in loans by portfolio segment as of dates indicated: ($ in thousands) Pass Special Mention Substandard Doubtful Total September 30, 2019 Real estate loans: Commercial property $ 759,232 $ — $ 649 $ — $ 759,881 Residential property 236,382 — — — 236,382 SBA property 119,748 73 6,526 — 126,347 Construction 15,485 1,690 — — 17,175 Commercial and industrial loans: Commercial term 105,425 — 8 — 105,433 Commercial lines of credit 95,670 — 327 — 95,997 SBA commercial term 24,965 — 361 — 25,326 Other consumer loans 23,282 — 7 — 23,289 Total $ 1,380,189 $ 1,763 $ 7,878 $ — $ 1,389,830 December 31, 2018 Real estate loans: Commercial property $ 708,742 $ — $ 667 $ — $ 709,409 Residential property 233,514 — 302 — 233,816 SBA property 115,543 74 5,322 — 120,939 Construction 24,325 2,998 — — 27,323 Commercial and industrial loans: Commercial term 102,106 — 27 — 102,133 Commercial lines of credit 91,395 599 — — 91,994 SBA commercial term 26,616 — 531 — 27,147 Other consumer loans 25,905 — 16 — 25,921 Total $ 1,328,146 $ 3,671 $ 6,865 $ — $ 1,338,682 Past Due and Nonaccrual Loans The following table presents the aging of past due recorded investment in accruing loans and nonaccrual loans by portfolio segment as of dates indicated: Still Accruing ($ in thousands) 30 to 59 Days Past Due 60 to 89 Days Past Due 90 or More Days Past Due Nonaccrual Total Past Due and Nonaccrual September 30, 2019 Real estate loans: SBA property $ — $ — $ — $ 1,441 $ 1,441 Commercial and industrial loans: Commercial term 110 — — — 110 Commercial lines of credit — — — 327 327 SBA commercial term 472 — — 68 540 Other consumer loans 82 59 — 7 148 Total $ 664 $ 59 $ — $ 1,843 $ 2,566 December 31, 2018 Real estate loans: Residential property $ 95 $ — $ — $ 302 $ 397 SBA property 183 — — 540 723 Commercial and industrial loans: SBA commercial term — — — 203 203 Other consumer loans 90 9 — 16 115 Total $ 368 $ 9 $ — $ 1,061 $ 1,438 There were no nonaccrual loans guaranteed by a U.S. government agency at September 30, 2019 and December 31, 2018 . Impaired Loans Loans are considered impaired in the following cases: (i) the loan is on nonaccrual, (ii) when principal or interest payments on the loan have been contractually past due for 90 days or more, unless the loan is both well-collateralized and in the process of collection, (iii) the loan is classified as a troubled debt restructuring (“TDR”) where terms not typically granted by the Company were offered to the borrower, (iv) when current information or events make it unlikely to collect the loan balance in full according to the contractual terms of the loan agreement, (v) there is a deterioration in the borrower’s financial condition that raises uncertainty as to timely collection of either principal or interest, or (vi) full payment of both principal and interest of the loan according to the original contractual terms is in doubt. The following table presents loans individually evaluated for impairment by portfolio segment as of the dates indicated. The recorded investment presents customer balances net of any partial charge-offs recognized on the loans and net of any deferred fees and costs. With No Allowance Recorded With an Allowance Recorded ($ in thousands) Recorded Investment Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Related Allowance September 30, 2019 Real estate loans: Commercial property $ 341 $ 340 $ — $ — $ — SBA property 1,003 1,058 738 817 84 Commercial and industrial loans: Commercial term 40 40 — — — Commercial lines of credit 327 327 — — — SBA commercial term 101 116 — — — Total $ 1,812 $ 1,881 $ 738 $ 817 $ 84 December 31, 2018 Real estate loans: Residential property $ 302 $ 303 $ — $ — $ — SBA property 802 854 52 50 1 Commercial and industrial loans: Commercial term 68 69 — — — SBA commercial term 73 99 179 189 93 Total $ 1,245 $ 1,325 $ 231 $ 239 $ 94 The following table presents information on the recorded investment in impaired loans by portfolio segment for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 ($ in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Real estate loans: Commercial property $ 341 $ 6 $ 237 $ — SBA property 1,896 5 1,297 5 Commercial and industrial loans: Commercial term 43 1 85 1 Commercial lines of credit 327 — — — SBA commercial term 105 1 331 1 Total $ 2,712 $ 13 $ 1,950 $ 7 The following table presents information on the recorded investment in impaired loans by portfolio segment for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Real estate loans: Commercial property $ 114 $ 6 $ 266 $ — Residential property 50 — 274 — SBA property 1,637 17 1,329 16 Commercial and industrial loans: Commercial term 52 3 124 6 Commercial lines of credit 109 — 7 — SBA commercial term 135 3 420 7 Total $ 2,097 $ 29 $ 2,420 $ 29 The following presents a summary of interest foregone on impaired loans for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Interest income that would have been recognized had impaired loans performed in accordance with their original terms $ 49 $ 34 $ 113 $ 163 Less: interest income recognized on impaired loans on a cash basis (13 ) (8 ) (29 ) (63 ) Interest income foregone on impaired loans $ 36 $ 26 $ 84 $ 100 Troubled Debt Restructurings A TDR is a restructuring in which the Company, for economic or legal reasons related to a borrower’s financial difficulties, grants a concession to the borrower that it would not otherwise consider. The restructuring of a loan includes, but is not limited to: (i) the transfer from the borrower to the Company of real estate, receivables from third parties, other assets, or an equity interest in full or partial satisfaction of the loan, (ii) a modification of the loan terms, such as a reduction of the stated interest rate, principal, or accrued interest or an extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk, or (iii) a combination of the above. A loan extended or renewed at a stated interest rate equal to the current interest rate for new debt with similar risk is not to be reported as a restructured loan. The following table presents the composition of loans that were modified as TDRs by portfolio segment as of the dates indicated: September 30, 2019 December 31, 2018 ($ in thousands) Accruing Nonaccrual Total Accruing Nonaccrual Total Real estate loans: Commercial property $ 341 $ — $ 341 $ — $ — $ — SBA property 300 249 549 315 — 315 Commercial and industrial loans: Commercial term 40 — 40 68 — 68 SBA commercial term 32 — 32 49 131 180 Total $ 713 $ 249 $ 962 $ 432 $ 131 $ 563 The following table presents information on new loans that were modified as TDRs for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 ($ in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Real estate loans: Commercial property (1) 1 $ 341 $ 341 — $ — $ — SBA property (2) 1 123 123 — — — Total 2 $ 464 $ 464 — $ — $ — (1) Modified by extension of maturity and interest rate adjustment. (2) Modified by deferral of principal payment. The following table presents information on new loans that were modified as TDRs for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Real estate loans: Commercial property (1) 1 $ 341 $ 341 — $ — $ — SBA property (2) 2 254 254 — $ — $ — Total 3 $ 595 $ 595 — $ — $ — (1) Modified by extension of maturity and interest rate adjustment. (2) Modified by deferral of principal payment. The Company had no commitments to lend to customers with outstanding loans that were classified as TDRs as of September 30, 2019 and December 31, 2018 . The determination of the allowance for loan losses related to TDRs depends on the collectability of principal and interest, according to the modified repayment terms. Loans that were modified as TDRs were individually evaluated for impairment and the Company allocated $81 thousand and $86 thousand of allowance for loan losses as of September 30, 2019 and December 31, 2018 , respectively. There were no loans that were modified as TDRs for which there was a payment default within twelve months following the modification for the three months ended September 30, 2019 and 2018 . The following table presents information on loans that were modified as TDRs for which there was a payment default within twelve months following the modification for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Number of Loans Recorded Investment at Date of Default Number of Loans Recorded Investment at Date of Default Commercial and industrial loans: SBA commercial term — $ — 2 $ 233 Total — $ — 2 $ 233 Purchases, Sales, and Transfers The Company transferred residential property loans of $522 thousand to loans held-for-sale during the three months ended September 30, 2019 . During the nine months ended September 30, 2019 , the Company transferred residential property loans of $824 thousand to loans held-for-sale. The Company did no t transfer any loans held-for-investment to loans held-for-sale during the three months ended September 30, 2018 . During the nine months ended September 30, 2018 , the Company transferred a commercial property loan of $1.1 million and residential property loans of $6.0 million to loans held-for-sale. The Company purchased residential property loans of $893 thousand during the three and nine months ended September 30, 2019 . The Company had no purchases of loans held-for-investment during the three and nine months ended September 30, 2018 . The Company had no sales of loans held-for-investment during the three and nine months ended September 30, 2019 and 2018 . Loans Held-For-Sale The following table presents a composition of loans held-for-sale as of the dates indicated: ($ in thousands) September 30, 2019 December 31, 2018 Real estate loans: Residential property $ 334 $ — SBA property 1,249 5,481 Commercial and industrial loans: SBA commercial term — 300 Total $ 1,583 $ 5,781 Loans held-for-sale are carried at the lower of cost or fair value. When a determination is made at the time of commitment to originate as held-for-investment, it is the Company’s intent to hold these loans to maturity or for the “foreseeable future,” subject to periodic reviews under the Company’s management evaluation processes, including asset/liability management and credit risk management. When the Company subsequently changes its intent to hold certain loans, the loans are transferred to held-for-sale at the lower of cost or fair value. Certain loans are transferred to held-for-sale with write-downs to allowance for loan losses.

Servicing Assets

Servicing Assets	9 Months Ended
	Sep. 30, 2019
Transfers and Servicing [Abstract]
Servicing Assets	Servicing Assets At September 30, 2019 and December 31, 2018 , total servicing assets were $6.9 million and $7.7 million , respectively. The Company sold loans of $22.2 million and $23.1 million , respectively, with the servicing rights retained and recognized a net gain on sale of $1.5 million and $1.3 million , respectively, during the three months ended September 30, 2019 and 2018 . During the nine months ended September 30, 2019 and 2018 , the Company sold loans of $72.5 million and $71.5 million , respectively, with the servicing rights retained and recognized a net gain on sale of $4.5 million and $4.4 million , respectively. Loan servicing income was $534 thousand and $578 thousand , respectively, for the three months ended September 30, 2019 and 2018 , and $1.7 million and $1.8 million , respectively, for the nine months ended September 30, 2019 and 2018 . All classes of servicing assets are measured using the amortization method and evaluated for impairment quarterly by comparing the fair value of the servicing right to the carrying amount. Fair value is estimated by stratifying the loans sold between mortgage and non-mortgage loans and discounting estimated future cash flows from the servicing assets using discount rates that approximate current market rates over the expected lives of the loans being serviced. For the purposes of measuring impairment, the Company has identified each servicing asset with the underlying loan being serviced, and a valuation allowance is recorded when the fair value is below the carrying amount. The following table presents the composition of servicing assets with key assumptions used to estimate the fair value: September 30, 2019 December 31, 2018 ($ in thousands) Residential Property SBA Property SBA Commercial Term Residential Property SBA Property SBA Commercial Term Carrying amount $ 189 $ 5,848 $ 862 $ 244 $ 6,349 $ 1,073 Fair value $ 217 $ 6,645 $ 1,000 $ 298 $ 6,937 $ 1,206 Discount rate 11.25 % 13.25 % 12.75 % 11.25 % 13.25 % 12.75 % Prepayment speed 27.20 % 15.98 % 16.27 % 25.00 % 14.12 % 13.55 % Weighted average remaining life 24.4 years 21.2 years 7.1 years 25.2 years 21.1 years 7.4 years Underlying loans being serviced $ 35,805 $ 375,242 $ 82,876 $ 45,728 $ 367,856 $ 93,073 The following table presents activity in servicing assets for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 ($ in thousands) Residential Property SBA Property SBA Commercial Term Residential Property SBA Property SBA Commercial Term Balance at beginning of period $ 204 $ 6,094 $ 932 $ 285 $ 6,940 $ 1,165 Additions — 292 39 — 297 55 Amortization (15 ) (538 ) (109 ) (21 ) (559 ) (107 ) Impairment — — — (4 ) 63 — Balance at end of period $ 189 $ 5,848 $ 862 $ 260 $ 6,741 $ 1,113 The following table presents activity in servicing assets for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Residential Property SBA Property SBA Commercial Term Residential Property SBA Property SBA Commercial Term Balance at beginning of period $ 244 $ 6,349 $ 1,073 $ 308 $ 7,369 $ 1,296 Additions — 962 146 22 865 189 Amortization (55 ) (1,463 ) (357 ) (66 ) (1,493 ) (372 ) Impairment — — — (4 ) — — Balance at end of period $ 189 $ 5,848 $ 862 $ 260 $ 6,741 $ 1,113

Operating Leases

Operating Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Operating Leases	Operating Leases On January 1, 2019, the Company adopted ASU 2016-02, “Leases (Topic 842),” and all subsequent ASUs that are related to Topic 842. As discussed in Note 1, the Company adopted this ASU using the optional transition method with a cumulative effect adjustment to retained earnings without restating prior financial statements for comparable amounts. As a result, the Company recognized right-of-use assets and liabilities of $9.6 million and $10.6 million , respectively, with a cumulative effect adjustment of $53 thousand to retained earnings at the date of adoption. The Company made an election to include both the lease and non-lease components as a single component and account for it as a lease. The Company’s operating leases are for its headquarters office spaces, and retail branch and LPO locations. Most leases include one or more options to renew, with renewal terms that can extend the lease term from one to five years. The exercise of lease renewal option is at the Company’s sole discretion. Certain leases with an initial term of 12 months or less are not recorded on the balance sheet and lease expenses for these leases are recognized on a straight-line basis over the lease term. None of the Company’s lease agreements contain any material residual value guarantees or material restrictive covenants. The Company also leases certain equipment, such as copy machines and scanners, but they are determined to be immaterial. The following table presents operating lease cost and supplemental cash flow information related to leases for the periods indicated: ($ in thousands) Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Operating lease cost (1) $ 680 $ 1,953 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases — — Right of use assets obtained in exchange for lease obligations 28 1,616 (1) Included in Occupancy and Equipment on the Consolidated Statements of Income. Operating lease cost for the three and nine months ended September 30, 2018 was under Topic 840. The Company used the incremental borrowing rate based on the information available at the date of adoption in determining the present value of lease payment. The following table presents supplemental balance sheet information related to leases as of September 30, 2019 : ($ in thousands) September 30, 2019 Operating leases: Operating lease assets $ 9,561 Operating lease liabilities 10,574 Weighted-average remaining lease term 5.2 years Weighted-average discount rate 2.81 % The following table presets maturities of operating lease liabilities as of September 30, 2019 : ($ in thousands) September 30, 2019 Maturities: 2019 $ 676 2020 2,686 2021 2,283 2022 2,171 2023 1,828 After 2023 1,899 Total lease payment 11,543 Imputed Interest (969 ) Present value of operating lease liabilities $ 10,574

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances and Other Borrowings	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Federal Home Loan Bank Advances and Other Borrowings	Federal Home Loan Bank Advances and Other Borrowings FHLB Advances The Company had outstanding FHLB advances of $20.0 million and $30.0 million at September 30, 2019 and December 31, 2018 , respectively. FHLB advances consisted of fixed interest rates term borrowings of $20.0 million with original maturity terms ranging from 3 to 5 years and weighted-average interest rate of 1.92% at September 30, 2019 . At December 31, 2018 , FHLB advances consisted of fixed interest rates term borrowings with original maturity terms ranging from 2 to 5 years and weighted-average interest rate of 1.81% . Each borrowing is payable at its maturity date. Borrowings paid early are subject to a prepayment penalty. At September 30, 2019 and December 31, 2018 , loans pledged to secure borrowings from the FHLB were $613.7 million and $523.4 million , respectively. The Company’s investment in capital stock of the FHLB of San Francisco totaled $8.2 million and $7.3 million , respectively, at September 30, 2019 and December 31, 2018 . The Company had additional borrowing capacity of $411.6 million and $386.0 million , respectively, from the FHLB as of September 30, 2019 and December 31, 2018 . Other Borrowing Arrangements At September 30, 2019 , the Company had $43.1 million of unused borrowing capacity from the Federal Reserve Discount Window, to which the Company pledged loans with a carrying value of $51.4 million with no outstanding borrowings. In addition, the Company may borrow up to approximately $35.0 million overnight federal funds lines with correspondent financial institutions at September 30, 2019 . In May 2019, a line of credit of $25.0 million with an unaffiliated financial institution was terminated. The Company had no outstanding borrowings under the line at the time of termination.

Shareholders_ Equity

Shareholders’ Equity	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Shareholders’ Equity	Shareholders’ Equity Common Stock On August 14, 2018, the Company issued and sold 2,385,000 shares of its common stock at an offering price of $20.00 in an underwritten public offering, for gross proceeds of approximately $47.7 million . The underwriters were granted a 30 -day option to purchase up to an additional 357,750 shares of common stock at the initial public offering price less the underwriting discount. Concurrently with the initial public offering, the Company’s common stock began trading on the Nasdaq Global Select Market under the symbol “PCB.” On September 5, 2018, the Company issued an additional 123,234 shares of its common stock upon the exercise by the underwriters of a portion of their 30 -day option, for additional gross proceeds of approximately $2.5 million . Aggregate net proceeds from the offering were $45.0 million after deducting underwriting discounts and commissions and estimated offering expenses. Stock Repurchase On March 28, 2019, the Company’s Board of Directors approved the repurchase of up to $6.5 million of the Company’s common stock through March 27, 2020. During the three and nine months ended September 30, 2019 , the Company repurchased and retired 316,518 and 374,069 shares, respectively, of common stock totaling $5.1 million and $6.1 million , respectively, as part of the repurchase program. Cash Dividends The Company declared quarterly cash dividends on its common stock of $0.06 and $0.03 per share, respectively, for the three months ended September 30, 2019 and 2018 , and $0.17 and $0.09 , respectively, for the nine months ended September 30, 2019 and 2018 . Change in Accumulated Other Comprehensive Income (Loss) Components of accumulated other comprehensive income (loss) consisted solely of the change in unrealized gains or losses on securities available-for-sale, net of taxes. Reclassifications from accumulated other comprehensive income (loss) are recorded in the Consolidated Statements of Income either as a gain or loss. The following table presents changes to accumulated other comprehensive income (loss) for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Unrealized gain (loss) on securities available-for-sale: Beginning balance $ 338 $ (2,612 ) $ (1,647 ) $ (1,223 ) Other comprehensive income (loss) Unrealized gain (loss) arising during the period 443 (604 ) 3,253 (2,564 ) Tax effect of current period changes (130 ) 176 (955 ) 747 Total other comprehensive income (loss) 313 (428 ) 2,298 (1,817 ) Balance at end of period $ 651 $ (3,040 ) $ 651 $ (3,040 )

Share-Based Compensation

Share-Based Compensation	9 Months Ended
	Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation On July 25, 2013, the Company adopted 2013 Equity Based Stock Compensation Plan (“2013 EBSC Plan”) approved by its shareholders to replace the 2003 Stock Option Plan. The 2013 EBSC Plan provides 1,114,446 shares of common stock for equity based compensation awards including incentive and non-qualified stock options and restricted stock awards. As of September 30, 2019 , there were 539,514 shares available for future grants. Share-Based Compensation Expense The following table presents share-based compensation expense and the related tax benefits for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Share-based compensation expense related to: Stock options $ 158 $ 147 $ 481 $ 486 Restricted stock awards 22 — 22 — Total share-based compensation expense $ 180 $ 147 $ 503 $ 486 Related tax benefits $ 11 $ 13 $ 33 $ 38 The following table presents unrecognized share-based compensation expense as of September 30, 2019 : ($ in thousands) Unrecognized Expense Weighted-Average Remaining Expected Recognition Period Unrecognized share-based compensation expense related to: Stock options $ 1,149 2.3 years Restricted stock awards 605 4.2 years Total unrecognized share-based compensation expense $ 1,754 3.0 years Stock Options The Company has issued stock options to certain employees, officers and directors. Stock options are issued with exercise prices of the closing market price of the Company's stock on the grant date, and generally have a three -to five -year vesting period with contractual terms of ten years. The following table represents stock option activity for the three months ended September 30, 2019 : Three Months Ended September 30, 2019 ($ in thousands except per share data) Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Contractual Term Aggregated Intrinsic Value Outstanding at beginning of period 847,839 $ 10.11 6.2 years $ 5,877 Granted 15,000 $ 16.58 10.0 years Exercised (8,450 ) $ 4.51 3.5 years Forfeited (5,638 ) $ 10.33 6.1 years Outstanding at end of period 848,751 $ 10.75 6.4 years $ 5,302 Exercisable at end of period 498,616 $ 8.77 5.3 years $ 4,105 The following table represents stock option activity for the nine months ended September 30, 2019 : Nine Months Ended September 30, 2019 ($ in thousands except per share data) Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Contractual Term Aggregated Intrinsic Value Outstanding at beginning of period 898,291 $ 9.81 6.5 years $ 5,243 Granted 25,000 $ 16.94 10.0 years Exercised (68,902 ) $ 6.65 4.3 years Forfeited (5,638 ) $ 10.33 6.1 years Outstanding at end of period 848,751 $ 10.75 6.4 years $ 5,302 Exercisable at end of period 498,616 $ 8.77 5.3 years $ 4,105 The following table represents information regarding unvested stock options for the three and nine months ended September 30, 2019 : Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Exercise Price Per Share Number of Shares Weighted-Average Exercise Price Per Share Outstanding at beginning of period 344,773 $ 12.23 347,274 $ 12.17 Granted 15,000 $ 16.58 25,000 $ 16.94 Vested (4,000 ) $ 14.00 (16,501 ) $ 14.57 Forfeited (5,638 ) $ 10.33 (5,638 ) $ 10.33 Outstanding at end of period 350,135 $ 12.43 350,135 $ 12.43 Restricted Stock Awards The Company also has granted restricted stock awards (“RSAs”) to certain employees and officers. The RSAs are valued at the closing market price of the Company's stock on the grant date and generally have a three -to five -year vesting period. The following table represents RSAs activity for the three and nine months ended September 30, 2019 : Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Grant Date Fair Value Per Share Number of Shares Weighted-Average Grant Date Fair Value Per Share Outstanding at beginning of period — $ — — $ — Granted 37,700 $ 16.61 37,700 $ 16.61 Vested (300 ) $ 17.09 (300 ) $ 17.09 Outstanding at end of period 37,400 $ 16.60 37,400 $ 16.60

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense was $2.9 million and $2.8 million , respectively, and the effective tax rate was 29.7% and 30.1% , respectively, for the three months ended September 30, 2019 and 2018 . For the nine months ended September 30, 2019 and 2018 , income tax expense was $8.4 million and $7.5 million , respectively, and the effective tax rate was 29.7% and 29.9% , respectively. At September 30, 2019 and December 31, 2018 , the Company had no unrecognized tax benefits, or accrued interest or penalties. The Company and its subsidiaries are subject to U.S. federal income tax as well as income tax in multiple state jurisdictions. The Company is no longer subject to the assessment of U.S. federal income tax for years before 2016. The statute of limitations for the assessment of California Franchise taxes has expired for tax years before 2015 (other state income and franchise tax statutes of limitations vary by state).

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Earnings per share (“EPS”) is computed under the two-class method. Net income allocated to common stock is computed by subtracting income allocated to unvested restricted stock from net income. Income allocated to unvested restricted stock includes cash dividend paid and undistributed income available to holders of unvested restricted stock, if any. Basic EPS is computed by dividing net income allocated to common stock by the weighted-average common shares outstanding excluding the weighted-average unvested restricted stock. Diluted EPS is computed by dividing net income allocated to common stock by the weighted-average common stock outstanding, excluding the weighted-average unvested restricted stock, adjusted for the dilutive effect of the stock options. The following table presents the computations of basic and diluted EPS for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands, except per share) 2019 2018 2019 2018 Basic earnings per share: Net income $ 6,785 $ 6,543 $ 19,950 $ 17,569 Less: income allocated to unvested restricted stock (8 ) — (8 ) — Net income allocated to common stock $ 6,777 $ 6,543 $ 19,942 $ 17,569 Weighted-average total common shares outstanding 15,835,139 14,730,120 15,949,962 13,865,190 Less: weighted-average unvested restricted stock (18,870 ) — (6,359 ) — Weighted-average common shares outstanding, basic 15,816,269 14,730,120 15,943,603 13,865,190 Basic earnings per share $ 0.43 $ 0.44 $ 1.25 $ 1.27 Diluted earnings per share: Net income allocated to common stock $ 6,777 $ 6,543 $ 19,942 $ 17,569 Weighted-average common shares outstanding, basic 15,816,269 14,730,120 15,943,603 13,865,190 Diluted effect of stock options 283,329 194,426 288,245 186,371 Weighted-average common shares outstanding, diluted 16,099,598 14,924,546 16,231,848 14,051,561 Diluted earnings per share $ 0.42 $ 0.44 $ 1.23 $ 1.25 Stock options of 155,000 and 163,000 shares, respectively, were excluded in computing diluted EPS because they were anti-dilutive for three and nine months ended September 30, 2019 . For three and nine months ended September 30, 2018 , there were no stock options excluded in computing diluted EPS because they were anti-dilutive.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the ordinary course of business, the Company enters into financial commitments to meet the financing needs of its customers. These financial commitments include commitments to extend credit and letters of credit. Those instruments involve to varying degrees, elements of credit, and interest rate risk not recognized in the Company’s consolidated financial statements. As of September 30, 2019 and December 31, 2018 , the Company had the following outstanding financial commitments whose contractual amount represents credit risk: ($ in thousands) September 30, 2019 December 31, 2018 Commitments to extend credit $ 170,950 $ 127,443 Standby letters of credit 3,548 2,998 Commercial letters of credit 300 477 Total $ 174,798 $ 130,918 The Company’s exposure to loan loss in the event of nonperformance on commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for the loans reflected in the consolidated financial statements. The Company maintained reserve for off-balance sheet items of $146 thousand and $139 thousand , respectively, at September 30, 2019 and December 31, 2018 , in Accrued Interest Payable and Other Liabilities in the Consolidated Balance Sheets. 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. Since many of the commitments are expected to expire without being drawn upon, the total amounts do not necessarily represent future cash requirements. The Company evaluates each client’s credit worthiness on a case-by-case basis. The amount of collateral obtained if deemed necessary by the Company is based on management’s credit evaluation of the customer. Litigation The Company is involved in various matters of litigation, which have arisen in the ordinary course of business. In the opinion of management, the disposition of pending matters of litigation will not have a material effect on the Company’s consolidated financial statements.

Regulatory Matters

Regulatory Matters	9 Months Ended
	Sep. 30, 2019
Banking and Thrift [Abstract]
Regulatory Matters	Regulatory Matters Under the final rules implementing Basel Committee on Banking Supervision’s capital guidelines for U.S. banks (“Basel III rules”), the Bank must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios. The capital conservation buffer was phased in from 0.0% in 2015 to2.50% by January 1, 2019. Management believes as of September 30, 2019 and December 31, 2018 , the Bank met all capital adequacy requirements to which they are subject to. Based on changes to the Federal Reserve’s definition of a “Small Bank Holding Company” that increased the threshold to $3 billion in assets in August 2018, the Company is not currently subject to separate minimum capital measurements. At such time as the Company reaches the $3 billion asset level, it will again be subject to capital measurements independent of the Bank. For comparison purposes, the Company’s ratios are included in following discussion as well, all of which would have exceeded the “well-capitalized” level had the Company been subject to separate capital minimums. The Company and the Bank’s capital conservation buffer was 9.27% and 9.08% , respectively, as of September 30, 2019 , and 9.31% and 9.21% , respectively, as of December 31, 2018 . Unrealized gain or loss on securities available-for-sale is not included in computing regulatory capital. The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated: Actual Minimum Capital Requirement To Be Well Capitalized Under Prompt Corrective Provisions ($ in thousands) Amount Ratio Amount Ratio Amount Ratio September 30, 2019 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 223,130 16.30 % $ 61,607 4.5 % N/A N/A Total capital (to risk-weighted assets) 236,370 17.27 % 109,524 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 223,130 16.30 % 82,143 6.0 % N/A N/A Tier 1 capital (to average assets) 223,130 12.87 % 69,345 4.0 % N/A N/A Pacific City Bank Common tier 1 capital (to risk-weighted assets) $ 220,537 16.11 % $ 61,603 4.5 % $ 88,983 6.5 % Total capital (to risk-weighted assets) 233,777 17.08 % 109,517 8.0 % 136,896 10.0 % Tier 1 capital (to risk-weighted assets) 220,537 16.11 % 82,138 6.0 % 109,517 8.0 % Tier 1 capital (to average assets) 220,537 12.72 % 69,343 4.0 % 86,678 5.0 % December 31, 2018 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 210,871 16.28 % $ 58,273 4.5 % N/A N/A Total capital (to risk-weighted assets) 224,178 17.31 % 103,596 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 210,871 16.28 % 77,697 6.0 % N/A N/A Tier 1 capital (to average assets) 210,871 12.60 % 66,930 4.0 % N/A N/A Pacific City Bank Common tier 1 capital (to risk-weighted assets) $ 209,587 16.19 % $ 58,272 4.5 % $ 84,171 6.5 % Total capital (to risk-weighted assets) 222,894 17.21 % 103,594 8.0 % 129,493 10.0 % Tier 1 capital (to risk-weighted assets) 209,587 16.19 % 77,696 6.0 % 103,594 8.0 % Tier 1 capital (to average assets) 209,587 12.53 % 66,929 4.0 % 83,661 5.0 % The California Financial Code provides that a bank may not make a cash distribution to its shareholders in excess of the lesser of the bank’s undivided profits or the bank’s net income for its last three fiscal years less the amount of any distribution made to the bank’s shareholder during the same period. As a California corporation, the Company is subject to the limitations of California law, which allows a corporation to distribute cash or property to shareholders, including a dividend or repurchase or redemption of shares, if the corporation meets either a retained earnings test or a “balance sheet” test. Under the retained earnings test, the Company may make a distribution from retained earnings to the extent that its retained earnings exceed the sum of (a) the amount of the distribution plus (b) the amount, if any, of dividends in arrears on shares with preferential dividend rights. The Company may also make a distribution if, immediately after the distribution, the value of its assets equals or exceeds the sum of (a) its total liabilities plus (b) the liquidation preference of any shares which have a preference upon dissolution over the rights of shareholders receiving the distribution. Indebtedness is not considered a liability if the terms of such indebtedness provide that payment of principal and interest thereon are to be made only if, and to the extent that, a distribution to shareholders could be made under the balance sheet test. The Federal Reserve, the Federal Deposit Insurance Corporation (the “FDIC”) and the California Department of Business Oversight (the “CDBO”) periodically examine the Company’s business, including compliance with laws and regulations. If, as a result of an examination, a banking agency were to determine that the Company’s financial condition, capital resources, asset quality, earnings prospects, management, liquidity or other aspects of any of the Company’s operations had become unsatisfactory, or that the Company was in violation of any law or regulation, they may take a number of different remedial actions as they deem appropriate. These actions include the power to enjoin “unsafe or unsound” practices, to require affirmative action to correct any conditions resulting from any violation or practice, to issue an administrative order that can be judicially enforced, to direct an increase in Company’s capital, to restrict growth, to assess civil money penalties, to fine or remove officers and directors and, if it is concluded that such conditions cannot be corrected or there is an imminent risk of loss to depositors, to terminate the Company’s deposit insurance and place the Company into receivership or conservatorship. On April 30, 2019, the FDIC, the CDBO and the Bank entered into a stipulation consenting to the issuance of a consent order (the “Order”) relating to the Bank’s BSA/AML. While the Bank attempted to address the concerns raised by the FDIC and CDBO in an informal Agreement dated January 8, 2018, these agencies determined in a subsequent examination of the Bank that it had not satisfactorily addressed these concerns particularly relating to failing to maintain a qualified individual to serve as the BSA compliance officer and ensure that adequate resources are provided to administer an effective BSA/AML compliance program. The Order requires, among other things, that the Bank correct all violations found in the prior examination and to improve its process to better identify and monitor accounts and transactions that pose a greater than normal risk for compliance with BSA/AML. The Order also requires the Board of Directors of the Bank to increase its oversight of the Bank’s compliance with BSA/AML rules and regulations. In addition, the Bank is to ensure that the BSA/AML compliance program is managed by a qualified officer with sufficient experience and resources necessary to administer an effective BSA/AML compliance program, and to seek prior FDIC and CDBO non-objection to a change in such officer or the officer in charge of Office of Foreign Assets Control compliance matters, or material changes to their responsibilities. Further, the Order requires that the Bank develop and maintain an effective BSA/AML compliance program, monitoring mechanisms, validation of risk rating and suspicious activity monitoring, and training programs for staff. Further, the Bank must review and enhance its BSA/AML risk assessment and customer due diligence, complete a BSA/AML staffing assessment and conduct a “look back” to more highly scrutinize certain transactions that occurred during a six month period in 2018 to determine if any suspicious activity requiring reporting went undetected. Finally, the Bank must provide periodic reports of progress to the FDIC and CDBO and provide for independent testing of the overall compliance program to ensure continued compliance, and seek prior FDIC and CDBO non-objection to the establishment of any new branches or other offices, or introduction of new delivery channels, products, services, or lines of business. Subsequent to the Order, the Bank has completed the BSA/AML staffing assessment and the “look back” review to transactions that occurred during a six month period in 2018. In addition, the Bank has reviewed and enhanced BSA/AML risk assessments, as well as customer due diligence, and submitted all required reports to the FDIC and CDBO. Even though the Company believes that the Bank has addressed many of items under the Order, since many of the management and BSA staffing hires have recently assumed their roles at the Bank and are taking steps to improve processes and procedures, it may take some time to address, to the satisfaction of the regulators, the specific issues unique to the Bank’s operation and it is still uncertain whether acceptable progress towards compliance with the Order, as determined in the sole discretion of the FDIC and CDBO, will ultimately be achieved in the future.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Topic 606, “Revenue from Contracts with Customers,” does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain noninterest income streams such as gain or loss associated with mortgage servicing assets and financial guarantees are also not within the scope. Topic 606 is applicable to noninterest income such as deposit related fees, interchange fees, and merchant related income. Noninterest income considered to be within the scope of Topic 606 is discussed below. Service charges and fees on deposits : Deposit account service charges consist of monthly service fees, account analysis fees, non-sufficient funds (“NSF”) charges and other deposit related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. NSF charges, and other deposit account service charges are largely transactional based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time as incurred. Debit card fees : When customers use their debit cards to pay merchants for goods or services, the Company retains a fee from the funds collected from the related deposit account and transfers the remaining funds to the payment network for remittance to the merchant. The performance obligation to the merchant is satisfied and the fee is recognized at the point in time when the funds are collected and transferred to the payment network. Gain (loss) on sale of other real estate owned : The Company’s performance obligation for sale of OREO is the transfer of title and ownership rights of the OREO to the buyer, which occurs at the settlement date when the sale proceeds are received and income is recognized. Wire transfer fees and other service charges : Wire transfer fees and other service charges are transaction based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time as incurred. The following table presents revenue from contracts with customers within the scope of ASC 606 for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Noninterest income in-scope of Topic 606 Service charges and fees on deposits: Monthly service fees $ 27 $ 28 $ 84 $ 80 Account analysis fees 252 243 721 719 Non-sufficient funds charges 102 82 261 235 Other deposit related fees 24 24 71 68 Total service charges and fees on deposits 405 377 1,137 1,102 Debit card fees 70 62 203 157 Gain (loss) on sale of other real estate owned (1 ) — (1 ) 3 Wire transfer fees 135 122 370 348 Other service charges 58 52 166 165 Total noninterest income in-scope of Topic 606 $ 667 $ 613 $ 1,875 $ 1,775

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Completion of Previously Announced Stock Repurchase Program. On October 24, 2019 , the Company completed its publicly announced $6.5 million stock repurchase program, which the Company’s Board of Directors (the “Board”) approved on March 31, 2019 . The Company purchased 396,715 shares under this program. Dividend Declared on Common Stock. On October 31, 2019 , the Company’s Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend will be paid on or about December 13, 2019 , to shareholders of record as of the close of business on November 29, 2019 . The Company has evaluated the effects of events that have occurred subsequent to September 30, 2019 through the issuance date of these consolidated financial statements (unaudited). Other than the events described above, there have been no material events that would require disclosure in the consolidated financial statements or in the notes to the consolidated financial statements.

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared pursuant to Article 10 of SEC Regulation S-X and other SEC rules and regulations for reporting on the Quarterly Report on Form 10-Q. Accordingly, certain disclosures required by U.S. generally accepted accounting principles (“GAAP”) are not included herein. These interim statements should be read in conjunction with the audited consolidated financial statements and notes included in the Annual Report on Form 10-K for the year ended December 31, 2018 filed by the Company with the SEC. The December 31, 2018 balance sheet presented herein has been derived from the audited financial statements included in the Annual Report on Form 10-K for the year ended December 31, 2018 filed with the SEC, but does not include all of the disclosures required by GAAP for complete financial statements. In the opinion of management of the Company, the accompanying unaudited interim consolidated financial statements reflect all of the adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of the consolidated financial condition and consolidated results of operations as of the dates and for the periods presented. Certain reclassifications have been made in the prior period financial statements to conform to the current period presentation. The results of operations for the nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of PCB Bancorp and its wholly owned subsidiary as of September 30, 2019 and December 31, 2018 and for the three and nine months ended September 30, 2019 and 2018 . Significant inter-company accounts and transactions have been eliminated in consolidation. Unless the context requires otherwise, all references to the Company include its wholly owned subsidiary.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. These estimates are subject to change and such change could have a material effect on the consolidated financial statements. Actual results may differ from those estimates.
Adopted Accounting Pronouncements and Recent Accounting Pronouncements Not Yet Adopted	Adopted Accounting Pronouncements During the nine months ended September 30, 2019 , the following accounting pronouncements applicable to the Company were adopted: In February 2016, the FASB issued Accounting Standard Update (“ASU”) 2016-02, “Leases (Topic 842).” In July 2018, the FASB issued ASU 2018-10, “Codification Improvements to Topic 842, Leases,” and ASU 2018-11, “Leases Topic 842, Targeted Improvements,” to provide additional clarification, implementation, and transition guidance on certain aspects of ASU 2016-02. The amendments in ASU 2016-02 require lessees to recognize lease assets and lease liabilities for both leases classified as operating leases and finance leases, except leases with a term of 12 months or less where lessees are permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. For leases with a term of greater than 12 months, lessees are required to recognize a liability to make lease payments and a right-of-use assets representing its right to use the underlying asset for the lease term measured at the present value of the lease payments. ASU 2016-02 and ASU 2018-10 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years for a public business entity. Under ASU 2018-11, an additional transition option was provided that would allow entities to not apply the new guidance in the comparative periods they present in their financial statements in the year of adoption. Under this optional transition method, entities will be allowed to continue using and presenting leases under Accounting Standard Codification (“ASC”) 840 for prior years comparative periods and then prospectively adopt ASC 842 on January 1, 2019, recognizing a cumulative-effect adjustment to the opening balance of retained earnings. The Company adopted this guidance in the first quarter of 2019 using the optional transition method with a cumulative effect adjustment to retained earnings without restating prior period financial statements for comparable amounts. The Company elected the package of practical expedients permitted under the transition guidance within this ASU, which allowed the Company to carry forward the historical lease classification. The Company completed its review of its existing lease contracts and service contracts that may include embedded leases, and updated processes and internal controls for leasing activities. The Company recognized right-of-use lease assets and liabilities of $9.6 million and $10.6 million , respectively, with a cumulative effect adjustment of $53 thousand to retained earnings at the date of adoption. Adoption of this ASU did not have a material impact on the Company’s consolidated financial statements other than the recognition of right-of-use lease assets and liabilities. See Note 6 for additional information. In March 2017, the FASB issued ASU 2017-08, “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities.” The amendments in this ASU shorten the amortization period for certain callable debt securities acquired at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount, which continue to be amortized to maturity. Public business entities must prospectively apply the amendments in this ASU to annual periods beginning after December 15, 2018, including interim periods. Adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted The following are recently issued accounting pronouncements applicable to the Company that have not yet been adopted: In June 2016, the FASB issued ASU 2016-13, “Financial Instruments-Credit Losses (Topic 326).” The amendments in this ASU require that entities change the impairment model for most financial assets that are measured at amortized cost and certain other instruments from an incurred loss model to an expected loss model. Under this model, entities will estimate credit losses over the entire contractual term of the instrument from the date of initial recognition of that instrument. It includes financial assets such as loan receivables, held-to-maturity debt securities, net investment in leases that are not accounted for at fair value through net income, and certain off-balance sheet credit exposures. This ASU is effective for public business entities that are SEC filers for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. In July 2019, the FASB voted to tentatively delay the effective date of this ASU to 2023 for certain SEC filers that are Smaller Reporting Companies, which would apply to the Company. In October 2019, the FASB approved this proposed amendment. The Company plans to adopt this ASU at the delayed effective date of 2023.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of dates indicated: Fair Value Measurement Level ($ in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total September 30, 2019 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 64,484 $ — $ 64,484 Residential collateralized mortgage obligations — 49,192 — 49,192 SBA loan pool securities — 20,138 — 20,138 Municipal bonds — 788 — 788 Total securities available-for-sale — 134,602 — 134,602 Total assets measured at fair value on a recurring basis $ — $ 134,602 $ — $ 134,602 Total liabilities measured at fair value on a recurring basis $ — $ — $ — $ — December 31, 2018 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 67,921 $ — $ 67,921 Residential collateralized mortgage obligations — 55,649 — 55,649 SBA loan pool securities — 22,632 — 22,632 Municipal bonds — 789 — 789 Total securities available-for-sale — 146,991 — 146,991 Total assets measured at fair value on a recurring basis $ — $ 146,991 $ — $ 146,991 Total liabilities measured at fair value on a recurring basis $ — $ — $ — $ —
Schedule of Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis	The following table presents the Company’s assets and liabilities measured at fair value on a non-recurring basis as of dates indicated: Fair Value Measurement Level ($ in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total September 30, 2019 Impaired loans: SBA property $ — $ — $ 654 $ 654 Total impaired loans — — 654 654 Total assets measured at fair value on a non-recurring basis $ — $ — $ 654 $ 654 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ — December 31, 2018 Impaired loans: SBA property $ — $ — $ 51 $ 51 Total impaired loans — — 51 51 Total assets measured at fair value on a non-recurring basis $ — $ — $ 51 $ 51 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ —
Schedule of Gain on Sale of OREO and OREO Valuation Write-downs	For assets measured at fair value, the following table presents the total net losses, which include charge-offs, recoveries, specific reserves, impairment on servicing assets, gain (loss) on sale of OREO, and OREO valuation write-downs recorded for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Collateral dependent impaired loans: Commercial property $ — $ — $ — $ (53 ) SBA property — — (20 ) (151 ) Servicing assets - residential property loans — (4 ) — (4 ) Other real estate owned (18 ) — (18 ) 3 Net losses recognized $ (18 ) $ (4 ) $ (38 ) $ (205 )
Schedule of Carrying Value and Estimated Fair Values of Financial Assets and Liabilities	The following table presents the carrying value and estimated fair values of financial assets and liabilities as of the dates indicated: Carrying Value Fair Value Fair Value Measurements ($ in thousands) Level 1 Level 2 Level 3 September 30, 2019 Financial assets: Interest-bearing deposits in other financial institutions $ 99,366 $ 99,366 $ 99,366 $ — $ — Securities available-for-sale 134,602 134,602 — 134,602 — Securities held-to-maturity 21,601 21,872 — 21,872 — Loans held-for-sale 1,583 1,711 — 1,711 — Net loans held-for-investment 1,376,736 1,385,687 — — 1,385,657 FHLB and other restricted stock 8,345 N/A N/A N/A N/A Accrued interest receivable 4,906 4,906 24 477 4,405 Financial liabilities: Deposits $ 1,432,262 $ 1,444,344 $ — $ — $ 1,444,344 FHLB advances 20,000 20,129 — 20,129 — Accrued interest payable 5,500 5,500 — 1 5,499 December 31, 2018 Financial assets: Interest-bearing deposits in other financial institutions $ 138,152 $ 138,152 $ 138,152 $ — $ — Securities available-for-sale 146,991 146,991 — 146,991 — Securities held-to-maturity 21,760 21,152 — 21,152 — Loans held-for-sale 5,781 6,175 — 6,175 — Net loans held-for-investment 1,325,515 1,337,299 — — 1,337,299 FHLB and other restricted stock 7,433 N/A N/A N/A N/A Accrued interest receivable 5,178 5,178 112 568 4,498 Financial liabilities: Deposits $ 1,443,753 $ 1,425,023 $ — $ — $ 1,425,023 FHLB advances 30,000 29,641 — 29,641 — Accrued interest payable 6,223 6,223 — 1 6,222

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Debt Securities, Available-for-sale	The following table presents the amortized cost and fair value of the investment securities as of the dates indicated: ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value September 30, 2019 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 63,847 $ 862 $ (225 ) $ 64,484 Residential collateralized mortgage obligations 49,335 159 (302 ) 49,192 SBA loan pool securities 19,935 232 (29 ) 20,138 Municipal bonds 769 19 — 788 Total securities available-for-sale $ 133,886 $ 1,272 $ (556 ) $ 134,602 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 16,655 $ 47 $ (115 ) $ 16,587 Municipal bonds 4,946 339 — 5,285 Total securities held-to-maturity $ 21,601 $ 386 $ (115 ) $ 21,872 December 31, 2018 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 68,975 $ 177 $ (1,231 ) $ 67,921 Residential collateralized mortgage obligations 56,625 55 (1,031 ) 55,649 SBA loan pool securities 23,144 — (512 ) 22,632 Municipal bonds 784 5 — 789 Total securities available-for-sale $ 149,528 $ 237 $ (2,774 ) $ 146,991 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 16,659 $ — $ (602 ) $ 16,057 Municipal bonds 5,101 37 (43 ) 5,095 Total securities held-to-maturity $ 21,760 $ 37 $ (645 ) $ 21,152
Debt Securities, Held-to-maturity	The following table presents the amortized cost and fair value of the investment securities as of the dates indicated: ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value September 30, 2019 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 63,847 $ 862 $ (225 ) $ 64,484 Residential collateralized mortgage obligations 49,335 159 (302 ) 49,192 SBA loan pool securities 19,935 232 (29 ) 20,138 Municipal bonds 769 19 — 788 Total securities available-for-sale $ 133,886 $ 1,272 $ (556 ) $ 134,602 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 16,655 $ 47 $ (115 ) $ 16,587 Municipal bonds 4,946 339 — 5,285 Total securities held-to-maturity $ 21,601 $ 386 $ (115 ) $ 21,872 December 31, 2018 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 68,975 $ 177 $ (1,231 ) $ 67,921 Residential collateralized mortgage obligations 56,625 55 (1,031 ) 55,649 SBA loan pool securities 23,144 — (512 ) 22,632 Municipal bonds 784 5 — 789 Total securities available-for-sale $ 149,528 $ 237 $ (2,774 ) $ 146,991 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 16,659 $ — $ (602 ) $ 16,057 Municipal bonds 5,101 37 (43 ) 5,095 Total securities held-to-maturity $ 21,760 $ 37 $ (645 ) $ 21,152
Investments Classified by Contractual Maturity Date	The following table presents the amortized cost and fair value of the investment securities by contractual maturity as of September 30, 2019 . Expected maturities may differ from contractual maturities, if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. Securities Available-For-Sale Securities Held-To-Maturity ($ in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Within one year $ — $ — $ 103 $ 103 One to five years — — 2,234 2,302 Five to ten years 769 788 285 299 Greater than ten years — — 2,324 2,581 Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities 133,117 133,814 16,655 16,587 Total $ 133,886 $ 134,602 $ 21,601 $ 21,872
Realized Gain (Loss) on Investments	The following table presents proceeds from sales and calls of securities available-for-sale and the associated gross gains and losses realized through earnings upon the sales and calls of securities available-for-sale for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Gross realized gains on sales and calls of securities available-for-sale $ — $ — $ — $ — Gross realized losses on sales and calls of securities available-for-sale — — — — Net realized gains (losses) on sales and calls of securities available-for-sale $ — $ — $ — $ — Proceeds from sales and calls of securities available-for-sale $ — $ — $ — $ 1,060 Tax expense on sales and calls of securities available-for-sale $ — $ — $ — $ —
Schedule of Unrealized Loss on Investments	The following table summarizes the investment securities with unrealized losses by security type and length of time in a continuous unrealized loss position as of the dates indicated: Length of Time that Individual Securities Have Been In a Continuous Unrealized Loss Position Less Than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities Fair Value Gross Unrealized Losses Number of Securities September 30, 2019 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 2,914 $ (8 ) 5 $ 23,728 $ (217 ) 31 $ 26,642 $ (225 ) 36 Residential collateralized mortgage obligations 18,080 (59 ) 14 20,116 (243 ) 23 38,196 (302 ) 37 SBA loan pool securities 2,574 (11 ) 2 2,382 (18 ) 4 4,956 (29 ) 6 Total securities available-for-sale $ 23,568 $ (78 ) 21 $ 46,226 $ (478 ) 58 $ 69,794 $ (556 ) 79 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 1,984 $ (2 ) 2 $ 8,760 $ (113 ) 9 $ 10,744 $ (115 ) 11 Total securities held-to-maturity $ 1,984 $ (2 ) 2 $ 8,760 $ (113 ) 9 $ 10,744 $ (115 ) 11 December 31, 2018 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 1,868 $ (6 ) 2 $ 41,845 $ (1,225 ) 48 $ 43,713 $ (1,231 ) 50 Residential collateralized mortgage obligations 7,067 (29 ) 5 34,943 (1,002 ) 34 42,010 (1,031 ) 39 SBA loan pool securities 2,809 (7 ) 2 19,823 (505 ) 18 22,632 (512 ) 20 Total securities available-for-sale $ 11,744 $ (42 ) 9 $ 96,611 $ (2,732 ) 100 $ 108,355 $ (2,774 ) 109 Securities held-to-maturity: U.S. government agency and U.S. government sponsored enterprise residential mortgage-backed securities $ 2,022 $ (23 ) 1 $ 14,035 $ (579 ) 15 $ 16,057 $ (602 ) 16 Municipal bonds 2,600 (38 ) 8 497 (5 ) 3 3,097 (43 ) 11 Total securities held-to-maturity $ 4,622 $ (61 ) 9 $ 14,532 $ (584 ) 18 $ 19,154 $ (645 ) 27

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
Loans Held-For-Investment	The following table presents, by recorded investment, the composition of the Company’s loans held-for-investment (net of deferred fees and costs) as of the dates indicated: ($ in thousands) September 30, 2019 December 31, 2018 Real estate loans: Commercial property $ 759,881 $ 709,409 Residential property 236,382 233,816 SBA property 126,347 120,939 Construction 17,175 27,323 Total real estate loans 1,139,785 1,091,487 Commercial and industrial loans: Commercial term 105,433 102,133 Commercial lines of credit 95,997 91,994 SBA commercial term 25,326 27,147 Total commercial and industrial loans 226,756 221,274 Other consumer loans 23,289 25,921 Loans held-for-investment 1,389,830 1,338,682 Allowance for loan losses (13,094 ) (13,167 ) Net loans held-for-investment $ 1,376,736 $ 1,325,515
Allowance for Loan Losses	The following table presents the activities in allowance for loan losses by portfolio segment, which is consistent with the Company’s methodology for determining allowance for loan losses, for the three months ended September 30, 2019 and 2018 : Three Months Ended ($ in thousands) Real Estate Commercial and Industrial Other Consumer Total Balance at July 1, 2019 $ 9,711 $ 3,426 $ 191 $ 13,328 Charge-offs — (179 ) (47 ) (226 ) Recoveries on loans previously charged off — 38 56 94 Provision (reversal) for loan losses (33 ) (6 ) (63 ) (102 ) Balance at September 30, 2019 $ 9,678 $ 3,279 $ 137 $ 13,094 Balance at July 1, 2018 $ 9,323 $ 3,108 $ 190 $ 12,621 Charge-offs — (18 ) (26 ) (44 ) Recoveries on loans previously charged off 16 46 41 103 Provision for loan losses 269 108 40 417 Balance at September 30, 2018 $ 9,608 $ 3,244 $ 245 $ 13,097 The following table presents the activities in allowance for loan losses by portfolio segment, which is consistent with the Company’s methodology for determining allowance for loan losses, for the nine months ended September 30, 2019 and 2018 : Nine Months Ended ($ in thousands) Real Estate Commercial and Industrial Other Consumer Total Balance at January 1, 2019 $ 9,104 $ 3,877 $ 186 $ 13,167 Charge-offs (19 ) (347 ) (158 ) (524 ) Recoveries on loans previously charged off 4 112 128 244 Provision (reversal) for loan losses 589 (363 ) (19 ) 207 Balance at September 30, 2019 $ 9,678 $ 3,279 $ 137 $ 13,094 Balance at January 1, 2018 $ 8,507 $ 3,548 $ 169 $ 12,224 Charge-offs (204 ) (108 ) (167 ) (479 ) Recoveries on loans previously charged off 68 280 67 415 Provision (reversal) for loan losses 1,237 (476 ) 176 937 Balance at September 30, 2018 $ 9,608 $ 3,244 $ 245 $ 13,097 The following tables present the information on allowance for loan losses and recorded investments by portfolio segment and impairment methodology as of the dates indicated: ($ in thousands) Real Estate Commercial and Industrial Other Consumer Total September 30, 2019 Allowance for loan losses: Individually evaluated for impairment $ 84 $ — $ — $ 84 Collectively evaluated for impairment 9,594 3,279 137 13,010 Total $ 9,678 $ 3,279 $ 137 $ 13,094 Loans receivable: Individually evaluated for impairment $ 2,082 $ 468 $ — $ 2,550 Collectively evaluated for impairment 1,137,703 226,288 23,289 1,387,280 Total $ 1,139,785 $ 226,756 $ 23,289 $ 1,389,830 December 31, 2018 Allowance for loan losses: Individually evaluated for impairment $ 1 $ 93 $ — $ 94 Collectively evaluated for impairment 9,103 3,784 186 13,073 Total $ 9,104 $ 3,877 $ 186 $ 13,167 Loans receivable: Individually evaluated for impairment $ 1,156 $ 320 $ — $ 1,476 Collectively evaluated for impairment 1,090,331 220,954 25,921 1,337,206 Total $ 1,091,487 $ 221,274 $ 25,921 $ 1,338,682
Risk Categories for Loans by Portfolio Segment	The following table presents the risk categories for the recorded investment in loans by portfolio segment as of dates indicated: ($ in thousands) Pass Special Mention Substandard Doubtful Total September 30, 2019 Real estate loans: Commercial property $ 759,232 $ — $ 649 $ — $ 759,881 Residential property 236,382 — — — 236,382 SBA property 119,748 73 6,526 — 126,347 Construction 15,485 1,690 — — 17,175 Commercial and industrial loans: Commercial term 105,425 — 8 — 105,433 Commercial lines of credit 95,670 — 327 — 95,997 SBA commercial term 24,965 — 361 — 25,326 Other consumer loans 23,282 — 7 — 23,289 Total $ 1,380,189 $ 1,763 $ 7,878 $ — $ 1,389,830 December 31, 2018 Real estate loans: Commercial property $ 708,742 $ — $ 667 $ — $ 709,409 Residential property 233,514 — 302 — 233,816 SBA property 115,543 74 5,322 — 120,939 Construction 24,325 2,998 — — 27,323 Commercial and industrial loans: Commercial term 102,106 — 27 — 102,133 Commercial lines of credit 91,395 599 — — 91,994 SBA commercial term 26,616 — 531 — 27,147 Other consumer loans 25,905 — 16 — 25,921 Total $ 1,328,146 $ 3,671 $ 6,865 $ — $ 1,338,682
Aging of Past Due Accruing Loans and Nonaccrual Loans by Segment	The following table presents the aging of past due recorded investment in accruing loans and nonaccrual loans by portfolio segment as of dates indicated: Still Accruing ($ in thousands) 30 to 59 Days Past Due 60 to 89 Days Past Due 90 or More Days Past Due Nonaccrual Total Past Due and Nonaccrual September 30, 2019 Real estate loans: SBA property $ — $ — $ — $ 1,441 $ 1,441 Commercial and industrial loans: Commercial term 110 — — — 110 Commercial lines of credit — — — 327 327 SBA commercial term 472 — — 68 540 Other consumer loans 82 59 — 7 148 Total $ 664 $ 59 $ — $ 1,843 $ 2,566 December 31, 2018 Real estate loans: Residential property $ 95 $ — $ — $ 302 $ 397 SBA property 183 — — 540 723 Commercial and industrial loans: SBA commercial term — — — 203 203 Other consumer loans 90 9 — 16 115 Total $ 368 $ 9 $ — $ 1,061 $ 1,438
Impairment by Portfolio Segment	The following table presents loans individually evaluated for impairment by portfolio segment as of the dates indicated. The recorded investment presents customer balances net of any partial charge-offs recognized on the loans and net of any deferred fees and costs. With No Allowance Recorded With an Allowance Recorded ($ in thousands) Recorded Investment Unpaid Principal Balance Recorded Investment Unpaid Principal Balance Related Allowance September 30, 2019 Real estate loans: Commercial property $ 341 $ 340 $ — $ — $ — SBA property 1,003 1,058 738 817 84 Commercial and industrial loans: Commercial term 40 40 — — — Commercial lines of credit 327 327 — — — SBA commercial term 101 116 — — — Total $ 1,812 $ 1,881 $ 738 $ 817 $ 84 December 31, 2018 Real estate loans: Residential property $ 302 $ 303 $ — $ — $ — SBA property 802 854 52 50 1 Commercial and industrial loans: Commercial term 68 69 — — — SBA commercial term 73 99 179 189 93 Total $ 1,245 $ 1,325 $ 231 $ 239 $ 94 The following table presents information on the recorded investment in impaired loans by portfolio segment for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 ($ in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Real estate loans: Commercial property $ 341 $ 6 $ 237 $ — SBA property 1,896 5 1,297 5 Commercial and industrial loans: Commercial term 43 1 85 1 Commercial lines of credit 327 — — — SBA commercial term 105 1 331 1 Total $ 2,712 $ 13 $ 1,950 $ 7 The following table presents information on the recorded investment in impaired loans by portfolio segment for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Real estate loans: Commercial property $ 114 $ 6 $ 266 $ — Residential property 50 — 274 — SBA property 1,637 17 1,329 16 Commercial and industrial loans: Commercial term 52 3 124 6 Commercial lines of credit 109 — 7 — SBA commercial term 135 3 420 7 Total $ 2,097 $ 29 $ 2,420 $ 29 The following presents a summary of interest foregone on impaired loans for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Interest income that would have been recognized had impaired loans performed in accordance with their original terms $ 49 $ 34 $ 113 $ 163 Less: interest income recognized on impaired loans on a cash basis (13 ) (8 ) (29 ) (63 ) Interest income foregone on impaired loans $ 36 $ 26 $ 84 $ 100
Modified TDRs by Portfolio Segment	The following table presents information on loans that were modified as TDRs for which there was a payment default within twelve months following the modification for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Number of Loans Recorded Investment at Date of Default Number of Loans Recorded Investment at Date of Default Commercial and industrial loans: SBA commercial term — $ — 2 $ 233 Total — $ — 2 $ 233 The following table presents the composition of loans that were modified as TDRs by portfolio segment as of the dates indicated: September 30, 2019 December 31, 2018 ($ in thousands) Accruing Nonaccrual Total Accruing Nonaccrual Total Real estate loans: Commercial property $ 341 $ — $ 341 $ — $ — $ — SBA property 300 249 549 315 — 315 Commercial and industrial loans: Commercial term 40 — 40 68 — 68 SBA commercial term 32 — 32 49 131 180 Total $ 713 $ 249 $ 962 $ 432 $ 131 $ 563 The following table presents information on new loans that were modified as TDRs for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 ($ in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Real estate loans: Commercial property (1) 1 $ 341 $ 341 — $ — $ — SBA property (2) 1 123 123 — — — Total 2 $ 464 $ 464 — $ — $ — (1) Modified by extension of maturity and interest rate adjustment. (2) Modified by deferral of principal payment. The following table presents information on new loans that were modified as TDRs for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Real estate loans: Commercial property (1) 1 $ 341 $ 341 — $ — $ — SBA property (2) 2 254 254 — $ — $ — Total 3 $ 595 $ 595 — $ — $ — (1) Modified by extension of maturity and interest rate adjustment. (2) Modified by deferral of principal payment.
Loans Held-for-Sale	The following table presents a composition of loans held-for-sale as of the dates indicated: ($ in thousands) September 30, 2019 December 31, 2018 Real estate loans: Residential property $ 334 $ — SBA property 1,249 5,481 Commercial and industrial loans: SBA commercial term — 300 Total $ 1,583 $ 5,781

Servicing Assets (Tables)

Servicing Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Transfers and Servicing [Abstract]
Schedule of Servicing Assets with Key Assumptions Used to Estimate Fair Value	The following table presents the composition of servicing assets with key assumptions used to estimate the fair value: September 30, 2019 December 31, 2018 ($ in thousands) Residential Property SBA Property SBA Commercial Term Residential Property SBA Property SBA Commercial Term Carrying amount $ 189 $ 5,848 $ 862 $ 244 $ 6,349 $ 1,073 Fair value $ 217 $ 6,645 $ 1,000 $ 298 $ 6,937 $ 1,206 Discount rate 11.25 % 13.25 % 12.75 % 11.25 % 13.25 % 12.75 % Prepayment speed 27.20 % 15.98 % 16.27 % 25.00 % 14.12 % 13.55 % Weighted average remaining life 24.4 years 21.2 years 7.1 years 25.2 years 21.1 years 7.4 years Underlying loans being serviced $ 35,805 $ 375,242 $ 82,876 $ 45,728 $ 367,856 $ 93,073
Schedule of Servicing Asset	The following table presents activity in servicing assets for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 ($ in thousands) Residential Property SBA Property SBA Commercial Term Residential Property SBA Property SBA Commercial Term Balance at beginning of period $ 204 $ 6,094 $ 932 $ 285 $ 6,940 $ 1,165 Additions — 292 39 — 297 55 Amortization (15 ) (538 ) (109 ) (21 ) (559 ) (107 ) Impairment — — — (4 ) 63 — Balance at end of period $ 189 $ 5,848 $ 862 $ 260 $ 6,741 $ 1,113 The following table presents activity in servicing assets for the nine months ended September 30, 2019 and 2018 : Nine Months Ended September 30, 2019 2018 ($ in thousands) Residential Property SBA Property SBA Commercial Term Residential Property SBA Property SBA Commercial Term Balance at beginning of period $ 244 $ 6,349 $ 1,073 $ 308 $ 7,369 $ 1,296 Additions — 962 146 22 865 189 Amortization (55 ) (1,463 ) (357 ) (66 ) (1,493 ) (372 ) Impairment — — — (4 ) — — Balance at end of period $ 189 $ 5,848 $ 862 $ 260 $ 6,741 $ 1,113

Operating Leases (Tables)

Operating Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Operating Lease Cost and Supplemental Information	The following table presents supplemental balance sheet information related to leases as of September 30, 2019 : ($ in thousands) September 30, 2019 Operating leases: Operating lease assets $ 9,561 Operating lease liabilities 10,574 Weighted-average remaining lease term 5.2 years Weighted-average discount rate 2.81 % The following table presents operating lease cost and supplemental cash flow information related to leases for the periods indicated: ($ in thousands) Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Operating lease cost (1) $ 680 $ 1,953 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases — — Right of use assets obtained in exchange for lease obligations 28 1,616 (1) Included in Occupancy and Equipment on the Consolidated Statements of Income. Operating lease cost for the three and nine months ended September 30, 2018 was under Topic 840.
Maturities of Operating Lease Liabilities	The following table presets maturities of operating lease liabilities as of September 30, 2019 : ($ in thousands) September 30, 2019 Maturities: 2019 $ 676 2020 2,686 2021 2,283 2022 2,171 2023 1,828 After 2023 1,899 Total lease payment 11,543 Imputed Interest (969 ) Present value of operating lease liabilities $ 10,574

Shareholders_ Equity (Tables)

Shareholders’ Equity (Tables)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The following table presents changes to accumulated other comprehensive income (loss) for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Unrealized gain (loss) on securities available-for-sale: Beginning balance $ 338 $ (2,612 ) $ (1,647 ) $ (1,223 ) Other comprehensive income (loss) Unrealized gain (loss) arising during the period 443 (604 ) 3,253 (2,564 ) Tax effect of current period changes (130 ) 176 (955 ) 747 Total other comprehensive income (loss) 313 (428 ) 2,298 (1,817 ) Balance at end of period $ 651 $ (3,040 ) $ 651 $ (3,040 )

Share-Based Compensation (Table

Share-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shared-based Compensation Expense	The following table presents share-based compensation expense and the related tax benefits for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Share-based compensation expense related to: Stock options $ 158 $ 147 $ 481 $ 486 Restricted stock awards 22 — 22 — Total share-based compensation expense $ 180 $ 147 $ 503 $ 486 Related tax benefits $ 11 $ 13 $ 33 $ 38 The following table presents unrecognized share-based compensation expense as of September 30, 2019 : ($ in thousands) Unrecognized Expense Weighted-Average Remaining Expected Recognition Period Unrecognized share-based compensation expense related to: Stock options $ 1,149 2.3 years Restricted stock awards 605 4.2 years Total unrecognized share-based compensation expense $ 1,754 3.0 years
Share-based compensation, Stock Options	The following table represents stock option activity for the three months ended September 30, 2019 : Three Months Ended September 30, 2019 ($ in thousands except per share data) Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Contractual Term Aggregated Intrinsic Value Outstanding at beginning of period 847,839 $ 10.11 6.2 years $ 5,877 Granted 15,000 $ 16.58 10.0 years Exercised (8,450 ) $ 4.51 3.5 years Forfeited (5,638 ) $ 10.33 6.1 years Outstanding at end of period 848,751 $ 10.75 6.4 years $ 5,302 Exercisable at end of period 498,616 $ 8.77 5.3 years $ 4,105 The following table represents stock option activity for the nine months ended September 30, 2019 : Nine Months Ended September 30, 2019 ($ in thousands except per share data) Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Contractual Term Aggregated Intrinsic Value Outstanding at beginning of period 898,291 $ 9.81 6.5 years $ 5,243 Granted 25,000 $ 16.94 10.0 years Exercised (68,902 ) $ 6.65 4.3 years Forfeited (5,638 ) $ 10.33 6.1 years Outstanding at end of period 848,751 $ 10.75 6.4 years $ 5,302 Exercisable at end of period 498,616 $ 8.77 5.3 years $ 4,105 The following table represents information regarding unvested stock options for the three and nine months ended September 30, 2019 : Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Exercise Price Per Share Number of Shares Weighted-Average Exercise Price Per Share Outstanding at beginning of period 344,773 $ 12.23 347,274 $ 12.17 Granted 15,000 $ 16.58 25,000 $ 16.94 Vested (4,000 ) $ 14.00 (16,501 ) $ 14.57 Forfeited (5,638 ) $ 10.33 (5,638 ) $ 10.33 Outstanding at end of period 350,135 $ 12.43 350,135 $ 12.43
Summary of Nonvested Restricted Stock Awards	The following table represents RSAs activity for the three and nine months ended September 30, 2019 : Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Number of Shares Weighted-Average Grant Date Fair Value Per Share Number of Shares Weighted-Average Grant Date Fair Value Per Share Outstanding at beginning of period — $ — — $ — Granted 37,700 $ 16.61 37,700 $ 16.61 Vested (300 ) $ 17.09 (300 ) $ 17.09 Outstanding at end of period 37,400 $ 16.60 37,400 $ 16.60

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents the computations of basic and diluted EPS for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands, except per share) 2019 2018 2019 2018 Basic earnings per share: Net income $ 6,785 $ 6,543 $ 19,950 $ 17,569 Less: income allocated to unvested restricted stock (8 ) — (8 ) — Net income allocated to common stock $ 6,777 $ 6,543 $ 19,942 $ 17,569 Weighted-average total common shares outstanding 15,835,139 14,730,120 15,949,962 13,865,190 Less: weighted-average unvested restricted stock (18,870 ) — (6,359 ) — Weighted-average common shares outstanding, basic 15,816,269 14,730,120 15,943,603 13,865,190 Basic earnings per share $ 0.43 $ 0.44 $ 1.25 $ 1.27 Diluted earnings per share: Net income allocated to common stock $ 6,777 $ 6,543 $ 19,942 $ 17,569 Weighted-average common shares outstanding, basic 15,816,269 14,730,120 15,943,603 13,865,190 Diluted effect of stock options 283,329 194,426 288,245 186,371 Weighted-average common shares outstanding, diluted 16,099,598 14,924,546 16,231,848 14,051,561 Diluted earnings per share $ 0.42 $ 0.44 $ 1.23 $ 1.25

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Outstanding Financial Commitments	As of September 30, 2019 and December 31, 2018 , the Company had the following outstanding financial commitments whose contractual amount represents credit risk: ($ in thousands) September 30, 2019 December 31, 2018 Commitments to extend credit $ 170,950 $ 127,443 Standby letters of credit 3,548 2,998 Commercial letters of credit 300 477 Total $ 174,798 $ 130,918

Regulatory Matters (Tables)

Regulatory Matters (Tables)	9 Months Ended
	Sep. 30, 2019
Banking and Thrift [Abstract]
Schedule of Regulatory Capital Amounts and Ratios	The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated: Actual Minimum Capital Requirement To Be Well Capitalized Under Prompt Corrective Provisions ($ in thousands) Amount Ratio Amount Ratio Amount Ratio September 30, 2019 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 223,130 16.30 % $ 61,607 4.5 % N/A N/A Total capital (to risk-weighted assets) 236,370 17.27 % 109,524 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 223,130 16.30 % 82,143 6.0 % N/A N/A Tier 1 capital (to average assets) 223,130 12.87 % 69,345 4.0 % N/A N/A Pacific City Bank Common tier 1 capital (to risk-weighted assets) $ 220,537 16.11 % $ 61,603 4.5 % $ 88,983 6.5 % Total capital (to risk-weighted assets) 233,777 17.08 % 109,517 8.0 % 136,896 10.0 % Tier 1 capital (to risk-weighted assets) 220,537 16.11 % 82,138 6.0 % 109,517 8.0 % Tier 1 capital (to average assets) 220,537 12.72 % 69,343 4.0 % 86,678 5.0 % December 31, 2018 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 210,871 16.28 % $ 58,273 4.5 % N/A N/A Total capital (to risk-weighted assets) 224,178 17.31 % 103,596 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 210,871 16.28 % 77,697 6.0 % N/A N/A Tier 1 capital (to average assets) 210,871 12.60 % 66,930 4.0 % N/A N/A Pacific City Bank Common tier 1 capital (to risk-weighted assets) $ 209,587 16.19 % $ 58,272 4.5 % $ 84,171 6.5 % Total capital (to risk-weighted assets) 222,894 17.21 % 103,594 8.0 % 129,493 10.0 % Tier 1 capital (to risk-weighted assets) 209,587 16.19 % 77,696 6.0 % 103,594 8.0 % Tier 1 capital (to average assets) 209,587 12.53 % 66,929 4.0 % 83,661 5.0 %

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Revenue from Contracts with Customers	The following table presents revenue from contracts with customers within the scope of ASC 606 for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands) 2019 2018 2019 2018 Noninterest income in-scope of Topic 606 Service charges and fees on deposits: Monthly service fees $ 27 $ 28 $ 84 $ 80 Account analysis fees 252 243 721 719 Non-sufficient funds charges 102 82 261 235 Other deposit related fees 24 24 71 68 Total service charges and fees on deposits 405 377 1,137 1,102 Debit card fees 70 62 203 157 Gain (loss) on sale of other real estate owned (1 ) — (1 ) 3 Wire transfer fees 135 122 370 348 Other service charges 58 52 166 165 Total noninterest income in-scope of Topic 606 $ 667 $ 613 $ 1,875 $ 1,775

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Details) $ in Thousands	Sep. 30, 2019USD ($)branchoffice	Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)
Product Information [Line Items]
Number of loan production offices | office	10
Right-of-use lease assets	$ 9,561		$ 0
Operating lease liabilities	$ 10,574		$ 0
ASU 2016-02
Product Information [Line Items]
Right-of-use lease assets		$ 9,600
Operating lease liabilities		10,600
Cumulative effect adjustment to retained earnings		53
ASU 2016-02 | Retained Earnings
Product Information [Line Items]
Cumulative effect adjustment to retained earnings		$ 53
California
Product Information [Line Items]
Number of full-service branches | branch	11
New Jersey
Product Information [Line Items]
Number of full-service branches | branch	1
New York
Product Information [Line Items]
Number of full-service branches | branch	1

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Securities available-for-sale:
Total securities available-for-sale	$ 134,602	$ 146,991
Residential mortgage-backed securities
Securities available-for-sale:
Total securities available-for-sale	64,484	67,921
Residential collateralized mortgage obligations
Securities available-for-sale:
Total securities available-for-sale	49,192	55,649
Municipal bonds
Securities available-for-sale:
Total securities available-for-sale	788	789
Recurring
Securities available-for-sale:
Total securities available-for-sale	134,602	146,991
Total assets measured at fair value on a recurring basis	134,602	146,991
Total liabilities measured at fair value on a recurring basis	0	0
Recurring | Residential mortgage-backed securities
Securities available-for-sale:
Total securities available-for-sale	64,484	67,921
Recurring | Residential collateralized mortgage obligations
Securities available-for-sale:
Total securities available-for-sale	49,192	55,649
Recurring | SBA loan pool securities
Securities available-for-sale:
Total securities available-for-sale	20,138	22,632
Recurring | Municipal bonds
Securities available-for-sale:
Total securities available-for-sale	788	789
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Securities available-for-sale:
Total securities available-for-sale	0	0
Total assets measured at fair value on a recurring basis	0	0
Total liabilities measured at fair value on a recurring basis	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential mortgage-backed securities
Securities available-for-sale:
Total securities available-for-sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential collateralized mortgage obligations
Securities available-for-sale:
Total securities available-for-sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | SBA loan pool securities
Securities available-for-sale:
Total securities available-for-sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal bonds
Securities available-for-sale:
Total securities available-for-sale	0	0
Recurring | Significant Other Observable Inputs (Level 2)
Securities available-for-sale:
Total securities available-for-sale	134,602	146,991
Total assets measured at fair value on a recurring basis	134,602	146,991
Total liabilities measured at fair value on a recurring basis	0	0
Recurring | Significant Other Observable Inputs (Level 2) | Residential mortgage-backed securities
Securities available-for-sale:
Total securities available-for-sale	64,484	67,921
Recurring | Significant Other Observable Inputs (Level 2) | Residential collateralized mortgage obligations
Securities available-for-sale:
Total securities available-for-sale	49,192	55,649
Recurring | Significant Other Observable Inputs (Level 2) | SBA loan pool securities
Securities available-for-sale:
Total securities available-for-sale	20,138	22,632
Recurring | Significant Other Observable Inputs (Level 2) | Municipal bonds
Securities available-for-sale:
Total securities available-for-sale	788	789
Recurring | Significant Unobservable Inputs (Level 3)
Securities available-for-sale:
Total securities available-for-sale	0	0
Total assets measured at fair value on a recurring basis	0	0
Total liabilities measured at fair value on a recurring basis	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Residential mortgage-backed securities
Securities available-for-sale:
Total securities available-for-sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Residential collateralized mortgage obligations
Securities available-for-sale:
Total securities available-for-sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | SBA loan pool securities
Securities available-for-sale:
Total securities available-for-sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Municipal bonds
Securities available-for-sale:
Total securities available-for-sale	$ 0	$ 0

Fair Value Measurements - Ass_2

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Non-recurring Basis (Details) - Nonrecurring - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Impaired loans:
SBA property	$ 654	$ 51
Total impaired loans	654	51
Total assets measured at fair value on a recurring basis	654	51
Total liabilities measured at fair value on a recurring basis	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1)
Impaired loans:
SBA property	0	0
Total impaired loans	0	0
Total assets measured at fair value on a recurring basis	0	0
Total liabilities measured at fair value on a recurring basis	0	0
Significant Other Observable Inputs (Level 2)
Impaired loans:
SBA property	0	0
Total impaired loans	0	0
Total assets measured at fair value on a recurring basis	0	0
Total liabilities measured at fair value on a recurring basis	0	0
Significant Unobservable Inputs (Level 3)
Impaired loans:
SBA property	654	51
Total impaired loans	654	51
Total assets measured at fair value on a recurring basis	654	51
Total liabilities measured at fair value on a recurring basis	$ 0	$ 0

Fair Value Measurements - Other

Fair Value Measurements - Other Real Estate Owned (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net losses recognized	$ (18)	$ (4)	$ (38)	$ (205)
Commercial property
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net losses recognized	0	0	0	(53)
SBA property
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net losses recognized	0	0	(20)	(151)
Servicing assets - residential property loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net losses recognized	0	(4)	0	(4)
Other real estate owned
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net losses recognized	$ (18)	$ 0	$ (18)	$ 3

Fair Value Measurements - Fair

Fair Value Measurements - Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financial assets:
Securities available-for-sale	$ 134,602	$ 146,991
Securities held-to-maturity	21,601	21,760
Carrying Value
Financial assets:
Interest-bearing deposits in other financial institutions	99,366	138,152
Securities available-for-sale	134,602	146,991
Securities held-to-maturity	21,601	21,760
Loans held-for-sale	1,583	5,781
Net loans held-for-investment	1,376,736	1,325,515
FHLB and other restricted stock	8,345	7,433
Accrued interest receivable	4,906	5,178
Financial liabilities:
Deposits	1,432,262	1,443,753
FHLB advances	20,000	30,000
Accrued interest payable	5,500	6,223
Fair Value
Financial assets:
Interest-bearing deposits in other financial institutions	99,366	138,152
Securities available-for-sale	134,602	146,991
Securities held-to-maturity	21,872	21,152
Loans held-for-sale	1,711	6,175
Net loans held-for-investment	1,385,687	1,337,299
Accrued interest receivable	4,906	5,178
Financial liabilities:
Deposits	1,444,344	1,425,023
FHLB advances	20,129	29,641
Accrued interest payable	5,500	6,223
Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Interest-bearing deposits in other financial institutions	99,366	138,152
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Loans held-for-sale	0	0
Net loans held-for-investment	0	0
Accrued interest receivable	24	112
Financial liabilities:
Deposits	0	0
FHLB advances	0	0
Accrued interest payable	0	0
Fair Value | Significant Other Observable Inputs (Level 2)
Financial assets:
Interest-bearing deposits in other financial institutions	0	0
Securities available-for-sale	134,602	146,991
Securities held-to-maturity	21,872	21,152
Loans held-for-sale	1,711	6,175
Net loans held-for-investment	0	0
Accrued interest receivable	477	568
Financial liabilities:
Deposits	0	0
FHLB advances	20,129	29,641
Accrued interest payable	1	1
Fair Value | Significant Unobservable Inputs (Level 3)
Financial assets:
Interest-bearing deposits in other financial institutions	0	0
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Loans held-for-sale	0	0
Net loans held-for-investment	1,385,657	1,337,299
Accrued interest receivable	4,405	4,498
Financial liabilities:
Deposits	1,444,344	1,425,023
FHLB advances	0	0
Accrued interest payable	$ 5,499	$ 6,222

Investment Securities - Summary

Investment Securities - Summary of Debt and Equity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Securities available-for-sale:
Amortized Cost	$ 133,886	$ 149,528
Gross Unrealized Gain	1,272	237
Gross Unrealized Loss	(556)	(2,774)
Securities available-for-sale, at fair value	134,602	146,991
Securities held-to-maturity:
Amortized Cost	21,601	21,760
Gross Unrealized Gain	386	37
Gross Unrealized Loss	(115)	(645)
Fair Value	21,872	21,152
Pledged securities for collateral	98,900	112,200
Residential mortgage-backed securities
Securities available-for-sale:
Amortized Cost	63,847	68,975
Gross Unrealized Gain	862	177
Gross Unrealized Loss	(225)	(1,231)
Securities available-for-sale, at fair value	64,484	67,921
Residential collateralized mortgage obligations
Securities available-for-sale:
Amortized Cost	49,335	56,625
Gross Unrealized Gain	159	55
Gross Unrealized Loss	(302)	(1,031)
Securities available-for-sale, at fair value	49,192	55,649
Securities held-to-maturity:
Amortized Cost	16,655	16,659
Gross Unrealized Gain	47	0
Gross Unrealized Loss	(115)	(602)
Fair Value	16,587	16,057
SBA loan pool securities
Securities available-for-sale:
Amortized Cost	19,935	23,144
Gross Unrealized Gain	232	0
Gross Unrealized Loss	(29)	(512)
Securities available-for-sale, at fair value	20,138	22,632
Securities held-to-maturity:
Amortized Cost	4,946	5,101
Gross Unrealized Gain	339	37
Gross Unrealized Loss	0	(43)
Fair Value	5,285	5,095
Municipal bonds
Securities available-for-sale:
Amortized Cost	769	784
Gross Unrealized Gain	19	5
Gross Unrealized Loss	0	0
Securities available-for-sale, at fair value	$ 788	$ 789

Investment Securities - Summa_2

Investment Securities - Summary of Contractual Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Securities available-for-sale:
Amortized Cost, Within one year	$ 0
Amortized Cost, One to five years	0
Amortized Cost, Five to ten years	769
Amortized Cost, Greater than ten years	0
Amortized Cost, Mortgage-backed securities and collateralized mortgage obligations	133,117
Amortized Cost	133,886	$ 149,528
Fair Value, Within one year	0
Fair Value, One to five years	0
Fair Value, Five to ten years	788
Fair Value, Greater than ten years	0
Fair Value, Mortgage-backed securities and collateralized mortgage obligations	133,814
Fair Value	134,602	146,991
Securities held-to-maturity:
Amortized Cost, Within one year	103
Amortized Cost, One to five years	2,234
Amortized Cost, Five to ten years	285
Amortized Cost, Greater than ten years	2,324
Amortized Cost, Mortgage-backed securities and collateralized mortgage obligations	16,655
Amortized Cost	21,601	21,760
Fair Value, Within one year	103
Fair Value, One to five years	2,302
Fair Value, Five to ten years	299
Fair Value, Greater than ten years	2,581
Fair Value, Mortgage-backed securities and collateralized mortgage obligations	16,587
Fair Value	$ 21,872	$ 21,152

Investment Securities - Summa_3

Investment Securities - Summary of Gains (Losses) on Available-for-sale Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Investments, Debt and Equity Securities [Abstract]
Gross realized gains on sales and calls of securities available-for-sale	$ 0	$ 0	$ 0	$ 0
Gross realized losses on sales and calls of securities available-for-sale	0	0	0	0
Net realized gains (losses) on sales and calls of securities available-for-sale	0	0	0	0
Proceeds from sales and calls of securities available-for-sale	0	0	0	1,060
Tax expense on sales and calls of securities available-for-sale	$ 0	$ 0	$ 0	$ 0

Investment Securities - Summa_4

Investment Securities - Summary of Individual Securities in Continuous Unrealized Loss Position (Details)	9 Months Ended
	Sep. 30, 2019USD ($)security	Sep. 30, 2018USD ($)	Dec. 31, 2018USD ($)security
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 23,568,000		$ 11,744,000
Less Than 12 Months, Gross Unrealized Losses	$ (78,000)		$ (42,000)
Less Than 12 Months, Number of Securities | security	21		9
12 months or Longer, Fair Value	$ 46,226,000		$ 96,611,000
12 months or Longer, Gross Unrealized Losses	$ (478,000)		$ (2,732,000)
12 months or Longer, Number of Securities | security	58		100
Total, Fair Value	$ 69,794,000		$ 108,355,000
Total, Gross Unrealized Losses	$ (556,000)		$ (2,774,000)
Total, Number of Securities | security	79		109
Securities held-to-maturity:
Less Than 12 Months, Fair Value	$ 1,984,000		$ 4,622,000
Less Than 12 Months, Gross Unrealized Losses	$ (2,000)		$ (61,000)
Less Than 12 Months, Number of Securities | security	2		9
12 Months or Longer, Fair Value	$ 8,760,000		$ 14,532,000
12 Months or Longer, Gross Unrealized Losses	$ (113,000)		$ (584,000)
12 Months or Longer, Number of Securities | security	9		18
Total, Fair Value	$ 10,744,000		$ 19,154,000
Total, Gross Unrealized Losses	$ (115,000)		$ (645,000)
Total, Number of Securities | security	11		27
OTTI Assessment	$ 0	$ 0
Residential mortgage-backed securities
Securities available-for-sale:
Less Than 12 Months, Fair Value	2,914,000		$ 1,868,000
Less Than 12 Months, Gross Unrealized Losses	$ (8,000)		$ (6,000)
Less Than 12 Months, Number of Securities | security	5		2
12 months or Longer, Fair Value	$ 23,728,000		$ 41,845,000
12 months or Longer, Gross Unrealized Losses	$ (217,000)		$ (1,225,000)
12 months or Longer, Number of Securities | security	31		48
Total, Fair Value	$ 26,642,000		$ 43,713,000
Total, Gross Unrealized Losses	$ (225,000)		$ (1,231,000)
Total, Number of Securities | security	36		50
Residential collateralized mortgage obligations
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 18,080,000		$ 7,067,000
Less Than 12 Months, Gross Unrealized Losses	$ (59,000)		$ (29,000)
Less Than 12 Months, Number of Securities | security	14		5
12 months or Longer, Fair Value	$ 20,116,000		$ 34,943,000
12 months or Longer, Gross Unrealized Losses	$ (243,000)		$ (1,002,000)
12 months or Longer, Number of Securities | security	23		34
Total, Fair Value	$ 38,196,000		$ 42,010,000
Total, Gross Unrealized Losses	$ (302,000)		$ (1,031,000)
Total, Number of Securities | security	37		39
Securities held-to-maturity:
Less Than 12 Months, Fair Value	$ 1,984,000		$ 2,022,000
Less Than 12 Months, Gross Unrealized Losses	$ (2,000)		$ (23,000)
Less Than 12 Months, Number of Securities | security	2		1
12 Months or Longer, Fair Value	$ 8,760,000		$ 14,035,000
12 Months or Longer, Gross Unrealized Losses	$ (113,000)		$ (579,000)
12 Months or Longer, Number of Securities | security	9		15
Total, Fair Value	$ 10,744,000		$ 16,057,000
Total, Gross Unrealized Losses	$ (115,000)		$ (602,000)
Total, Number of Securities | security	11		16
SBA loan pool securities
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 2,574,000		$ 2,809,000
Less Than 12 Months, Gross Unrealized Losses	$ (11,000)		$ (7,000)
Less Than 12 Months, Number of Securities | security	2		2
12 months or Longer, Fair Value	$ 2,382,000		$ 19,823,000
12 months or Longer, Gross Unrealized Losses	$ (18,000)		$ (505,000)
12 months or Longer, Number of Securities | security	4		18
Total, Fair Value	$ 4,956,000		$ 22,632,000
Total, Gross Unrealized Losses	$ (29,000)		$ (512,000)
Total, Number of Securities | security	6		20
Securities held-to-maturity:
Less Than 12 Months, Fair Value			$ 2,600,000
Less Than 12 Months, Gross Unrealized Losses			$ (38,000)
Less Than 12 Months, Number of Securities | security			8
12 Months or Longer, Fair Value			$ 497,000
12 Months or Longer, Gross Unrealized Losses			$ (5,000)
12 Months or Longer, Number of Securities | security			3
Total, Fair Value			$ 3,097,000
Total, Gross Unrealized Losses			$ (43,000)
Total, Number of Securities | security			11

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Loans Held-For-Investment (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	$ 1,389,830	$ 1,338,682
Allowance for loan losses	(13,094)	(13,167)
Net loans held-for-investment	1,376,736	1,325,515
Related party loans outstanding	3,800	2,400
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	1,139,785	1,091,487
Real Estate | Commercial property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	759,881	709,409
Real Estate | Residential property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	236,382	233,816
Real Estate | SBA property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	126,347	120,939
Real Estate | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	17,175	27,323
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	226,756	221,274
Commercial and Industrial | Commercial term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	105,433	102,133
Commercial and Industrial | Commercial lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	95,997	91,994
Commercial and Industrial | SBA commercial term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	25,326	27,147
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	$ 23,289	$ 25,921

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Allowance for Doubtful Accounts Receivable [Roll Forward]
Allowance for loan losses, beginning balance	$ 13,328	$ 12,621	$ 13,167	$ 12,224
Charge-offs	(226)	(44)	(524)	(479)
Recoveries on loans previously charged off	94	103	244	415
Provision (reversal) for loan losses	(102)	417	207	937
Allowance for loan losses, ending balance	13,094	13,097	13,094	13,097
Allowance for loan losses:
Individually evaluated for impairment	84		84		$ 94
Collectively evaluated for impairment	13,010		13,010		13,073
Total	13,094		13,094		13,167
Loans receivable:
Individually evaluated for impairment	2,550		2,550		1,476
Collectively evaluated for impairment	1,387,280		1,387,280		1,337,206
Total	1,389,830		1,389,830		1,338,682
Real Estate
Allowance for Doubtful Accounts Receivable [Roll Forward]
Allowance for loan losses, beginning balance	9,711	9,323	9,104	8,507
Charge-offs	0	0	(19)	(204)
Recoveries on loans previously charged off	0	16	4	68
Provision (reversal) for loan losses	(33)	269	589	1,237
Allowance for loan losses, ending balance	9,678	9,608	9,678	9,608
Allowance for loan losses:
Individually evaluated for impairment	84		84		1
Collectively evaluated for impairment	9,594		9,594		9,103
Total	9,678		9,678		9,104
Loans receivable:
Individually evaluated for impairment	2,082		2,082		1,156
Collectively evaluated for impairment	1,137,703		1,137,703		1,090,331
Total	1,139,785		1,139,785		1,091,487
Commercial and Industrial
Allowance for Doubtful Accounts Receivable [Roll Forward]
Allowance for loan losses, beginning balance	3,426	3,108	3,877	3,548
Charge-offs	(179)	(18)	(347)	(108)
Recoveries on loans previously charged off	38	46	112	280
Provision (reversal) for loan losses	(6)	108	(363)	(476)
Allowance for loan losses, ending balance	3,279	3,244	3,279	3,244
Allowance for loan losses:
Individually evaluated for impairment	0		0		93
Collectively evaluated for impairment	3,279		3,279		3,784
Total	3,279		3,279		3,877
Loans receivable:
Individually evaluated for impairment	468		468		320
Collectively evaluated for impairment	226,288		226,288		220,954
Total	226,756		226,756		221,274
Other Consumer
Allowance for Doubtful Accounts Receivable [Roll Forward]
Allowance for loan losses, beginning balance	191	190	186	169
Charge-offs	(47)	(26)	(158)	(167)
Recoveries on loans previously charged off	56	41	128	67
Provision (reversal) for loan losses	(63)	40	(19)	176
Allowance for loan losses, ending balance	137	$ 245	137	$ 245
Allowance for loan losses:
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	137		137		186
Total	137		137		186
Loans receivable:
Individually evaluated for impairment	0		0		0
Collectively evaluated for impairment	23,289		23,289		25,921
Total	$ 23,289		$ 23,289		$ 25,921

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	$ 1,389,830	$ 1,338,682
Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	1,380,189	1,328,146
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	1,763	3,671
Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	7,878	6,865
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Real Estate
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	1,139,785	1,091,487
Real Estate | Commercial property
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	759,881	709,409
Real Estate | Commercial property | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	759,232	708,742
Real Estate | Commercial property | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Real Estate | Commercial property | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	649	667
Real Estate | Commercial property | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Real Estate | Residential property
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	236,382	233,816
Real Estate | Residential property | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	236,382	233,514
Real Estate | Residential property | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Real Estate | Residential property | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	302
Real Estate | Residential property | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Real Estate | SBA property
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	126,347	120,939
Real Estate | SBA property | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	119,748	115,543
Real Estate | SBA property | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	73	74
Real Estate | SBA property | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	6,526	5,322
Real Estate | SBA property | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Real Estate | Construction
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	17,175	27,323
Real Estate | Construction | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	15,485	24,325
Real Estate | Construction | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	1,690	2,998
Real Estate | Construction | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Real Estate | Construction | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	226,756	221,274
Commercial and Industrial | Commercial term
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	105,433	102,133
Commercial and Industrial | Commercial term | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	105,425	102,106
Commercial and Industrial | Commercial term | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Commercial and Industrial | Commercial term | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	8	27
Commercial and Industrial | Commercial term | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Commercial and Industrial | Commercial lines of credit
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	95,997	91,994
Commercial and Industrial | Commercial lines of credit | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	95,670	91,395
Commercial and Industrial | Commercial lines of credit | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	599
Commercial and Industrial | Commercial lines of credit | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	327	0
Commercial and Industrial | Commercial lines of credit | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Commercial and Industrial | SBA commercial term
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	25,326	27,147
Commercial and Industrial | SBA commercial term | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	24,965	26,616
Commercial and Industrial | SBA commercial term | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Commercial and Industrial | SBA commercial term | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	361	531
Commercial and Industrial | SBA commercial term | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	23,289	25,921
Other consumer loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	23,282	25,905
Other consumer loans | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	0	0
Other consumer loans | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	7	16
Other consumer loans | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans held-for-investment	$ 0	$ 0

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Aging of Past Due Accruing Loans and Nonaccrual Loans by Portfolio Segment (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	$ 1,843,000	$ 1,061,000
Total past due and nonaccrual	2,566,000	1,438,000
Loans guaranteed by US government agency
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	0	0
30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	664,000	368,000
60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	59,000	9,000
90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0	0
Commercial term
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	0
Total past due and nonaccrual	110,000
Commercial term | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	110,000
Commercial term | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0
Commercial term | 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0
Real Estate | Residential property
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual		302,000
Total past due and nonaccrual		397,000
Real Estate | Residential property | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing		95,000
Real Estate | Residential property | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing		0
Real Estate | Residential property | 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing		0
Real Estate | SBA property
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	1,441,000	540,000
Total past due and nonaccrual	1,441,000	723,000
Real Estate | SBA property | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0	183,000
Real Estate | SBA property | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0	0
Real Estate | SBA property | 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0	0
Commercial and Industrial | Commercial lines of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	327,000
Total past due and nonaccrual	327,000
Commercial and Industrial | Commercial lines of credit | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0
Commercial and Industrial | Commercial lines of credit | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0
Commercial and Industrial | Commercial lines of credit | 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0
Commercial and Industrial | SBA commercial term
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	68,000	203,000
Total past due and nonaccrual	540,000	203,000
Commercial and Industrial | SBA commercial term | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	472,000	0
Commercial and Industrial | SBA commercial term | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0	0
Commercial and Industrial | SBA commercial term | 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	0	0
Other consumer loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	7,000	16,000
Total past due and nonaccrual	148,000	115,000
Other consumer loans | 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	82,000	90,000
Other consumer loans | 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	59,000	9,000
Other consumer loans | 90 or More Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Still accruing	$ 0	$ 0

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Impaired Loans by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, with no allowance recorded, recorded investment	$ 1,812		$ 1,812		$ 1,245
Impaired financing receivable, with no allowance recorded, unpaid principal balance	1,881		1,881		1,325
Impaired financing receivable, with an allowance recorded, recorded investment	738		738		231
Impaired financing receivable, with an allowance recorded, unpaid principal balance	817		817		239
Impaired financing receivable, with an allowance recorded, related allowance	84		84		94
Average Recorded Investment	2,712	$ 1,950	2,097	$ 2,420
Interest Income	13	7	29	29
Interest Foregone on Impaired Loans [Abstract]
Interest income that would have been recognized had impaired loans performed in accordance with their original terms	49	34	113	163
Less: interest income recognized on impaired loans on a cash basis	(13)	(8)	(29)	(63)
Interest income foregone on impaired loans	36	26	84	100
Real Estate | Commercial property
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, with no allowance recorded, recorded investment	341		341
Impaired financing receivable, with no allowance recorded, unpaid principal balance	340		340
Impaired financing receivable, with an allowance recorded, recorded investment	0		0
Impaired financing receivable, with an allowance recorded, unpaid principal balance	0		0
Impaired financing receivable, with an allowance recorded, related allowance	0		0
Average Recorded Investment	341	237	114	266
Interest Income	6	0	6	0
Real Estate | Residential property
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, with no allowance recorded, recorded investment					302
Impaired financing receivable, with no allowance recorded, unpaid principal balance					303
Impaired financing receivable, with an allowance recorded, recorded investment					0
Impaired financing receivable, with an allowance recorded, unpaid principal balance					0
Impaired financing receivable, with an allowance recorded, related allowance					0
Average Recorded Investment			50	274
Interest Income			0	0
Real Estate | SBA property
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, with no allowance recorded, recorded investment	1,003		1,003		802
Impaired financing receivable, with no allowance recorded, unpaid principal balance	1,058		1,058		854
Impaired financing receivable, with an allowance recorded, recorded investment	738		738		52
Impaired financing receivable, with an allowance recorded, unpaid principal balance	817		817		50
Impaired financing receivable, with an allowance recorded, related allowance	84		84		1
Average Recorded Investment	1,896	1,297	1,637	1,329
Interest Income	5	5	17	16
Commercial and Industrial | Commercial term
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, with no allowance recorded, recorded investment	40		40		68
Impaired financing receivable, with no allowance recorded, unpaid principal balance	40		40		69
Impaired financing receivable, with an allowance recorded, recorded investment	0		0		0
Impaired financing receivable, with an allowance recorded, unpaid principal balance	0		0		0
Impaired financing receivable, with an allowance recorded, related allowance	0		0		0
Average Recorded Investment	43	85	52	124
Interest Income	1	1	3	6
Commercial and Industrial | Commercial lines of credit
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, with no allowance recorded, recorded investment	327		327
Impaired financing receivable, with no allowance recorded, unpaid principal balance	327		327
Impaired financing receivable, with an allowance recorded, recorded investment	0		0
Impaired financing receivable, with an allowance recorded, unpaid principal balance	0		0
Impaired financing receivable, with an allowance recorded, related allowance	0		0
Average Recorded Investment	327	0	109	7
Interest Income	0	0	0	0
Commercial and Industrial | SBA commercial term
Financing Receivable, Impaired [Line Items]
Impaired financing receivable, with no allowance recorded, recorded investment	101		101		73
Impaired financing receivable, with no allowance recorded, unpaid principal balance	116		116		99
Impaired financing receivable, with an allowance recorded, recorded investment	0		0		179
Impaired financing receivable, with an allowance recorded, unpaid principal balance	0		0		189
Impaired financing receivable, with an allowance recorded, related allowance	0		0		$ 93
Average Recorded Investment	105	331	135	420
Interest Income	$ 1	$ 1	$ 3	$ 7

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Troubled Debt Restructurings (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2019USD ($)loan	Sep. 30, 2018USD ($)loan	Sep. 30, 2019USD ($)loan	Sep. 30, 2018USD ($)loan	Dec. 31, 2018USD ($)
Loans Modified as TDRs as of Period End [Abstract]
Accruing	$ 713,000		$ 713,000		$ 432,000
Nonaccrual	249,000		249,000		131,000
Total	$ 962,000		$ 962,000		563,000
Loans Modified as TDRs During the Period [Abstract]
Number of Loans | loan	2	0	3	0
Pre-Modification Outstanding Recorded Investment	$ 464,000	$ 0	$ 595,000	$ 0
Post-Modification Outstanding Recorded Investment	464,000	$ 0	595,000	$ 0
Number of commitments to lend to customers with outstanding loans that were classified as TDRs	0		0		0
Allowance for loan losses	81,000		$ 81,000		86,000
Number of Loans | loan			0	2
Recorded Investment at Date of Default			$ 0	$ 233,000
Real Estate | Commercial property
Loans Modified as TDRs as of Period End [Abstract]
Accruing	341,000		341,000		0
Nonaccrual	0		0		0
Total	$ 341,000		$ 341,000		0
Loans Modified as TDRs During the Period [Abstract]
Number of Loans | loan	1	0	1	0
Pre-Modification Outstanding Recorded Investment	$ 341,000	$ 0	$ 341,000	$ 0
Post-Modification Outstanding Recorded Investment	341,000	$ 0	341,000	$ 0
Real Estate | SBA property
Loans Modified as TDRs as of Period End [Abstract]
Accruing	300,000		300,000		315,000
Nonaccrual	249,000		249,000		0
Total	$ 549,000		$ 549,000		315,000
Loans Modified as TDRs During the Period [Abstract]
Number of Loans | loan	1	0	2	0
Pre-Modification Outstanding Recorded Investment	$ 123,000	$ 0	$ 254,000	$ 0
Post-Modification Outstanding Recorded Investment	123,000	$ 0	254,000	$ 0
Commercial and Industrial | Commercial term
Loans Modified as TDRs as of Period End [Abstract]
Accruing	40,000		40,000		68,000
Nonaccrual	0		0		0
Total	40,000		40,000		68,000
Commercial and Industrial | SBA commercial term
Loans Modified as TDRs as of Period End [Abstract]
Accruing	32,000		32,000		49,000
Nonaccrual	0		0		131,000
Total	$ 32,000		$ 32,000		$ 180,000
Loans Modified as TDRs During the Period [Abstract]
Number of Loans | loan			0	2
Recorded Investment at Date of Default			$ 0	$ 233,000

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Loans Held-For-Sale (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchase of loans held-for-investment			$ 893,000	$ 0
Loans held-for-sale	$ 1,583,000		1,583,000		$ 5,781,000
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of loans held-for-investment	0	$ 0	0	0
Real Estate | Residential property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Transfer of loans to held-for-sale	522,000	0	824,000	6,000,000
Purchase of loans held-for-investment	893,000	$ 0	893,000	0
Loans held-for-sale	334,000		334,000		0
Real Estate | SBA property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-sale	1,249,000		1,249,000		5,481,000
Commercial and Industrial | Commercial property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Transfer of loans to held-for-sale				$ 1,100,000
Commercial and Industrial | SBA commercial term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-sale	$ 0		$ 0		$ 300,000

Servicing Assets - Narrative (D

Servicing Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Transfers and Servicing [Abstract]
Total servicing assets	$ 6,899		$ 6,899		$ 7,666
Loans sold with servicing rights retained	22,200	$ 23,100	72,500	$ 71,500
Net gain on sale	1,500	1,300	4,500	4,400
Loan servicing income	$ 534	$ 578	$ 1,700	$ 1,800

Servicing Assets - Summary of K

Servicing Assets - Summary of Key Assumptions in Fair Value Calculations (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Servicing Assets at Fair Value [Line Items]
Carrying amount	$ 6,899	$ 7,666
Residential Property
Servicing Assets at Fair Value [Line Items]
Carrying amount	189	244	$ 204	$ 260	$ 285	$ 308
Fair value	$ 217	$ 298
Discount rate	11.25%	11.25%
Prepayment speed	27.20%	25.00%
Weighted average remaining life	24 years 4 months 12 days	25 years 1 month 29 days
Underlying loans being serviced	$ 35,805	$ 45,728
SBA Property
Servicing Assets at Fair Value [Line Items]
Carrying amount	5,848	6,349	6,094	6,741	6,940	7,369
Fair value	$ 6,645	$ 6,937
Discount rate	13.25%	13.25%
Prepayment speed	15.98%	14.12%
Weighted average remaining life	21 years 2 months 19 days	21 years 1 month 9 days
Underlying loans being serviced	$ 375,242	$ 367,856
SBA Commercial Term
Servicing Assets at Fair Value [Line Items]
Carrying amount	862	1,073	$ 932	$ 1,113	$ 1,165	$ 1,296
Fair value	$ 1,000	$ 1,206
Discount rate	12.75%	12.75%
Prepayment speed	16.27%	13.55%
Weighted average remaining life	7 years 1 month 12 days	7 years 4 months 19 days
Underlying loans being serviced	$ 82,876	$ 93,073

Servicing Assets - Summary of C

Servicing Assets - Summary of Changes in Servicing Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period			$ 7,666
Amortization			(1,875)	$ (1,931)
Balance at end of period	$ 6,899		6,899
Residential Property
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	204	$ 285	244	308
Additions	0	0	0	22
Amortization	(15)	(21)	(55)	(66)
Impairment	0	(4)	0	(4)
Balance at end of period	189	260	189	260
SBA Property
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	6,094	6,940	6,349	7,369
Additions	292	297	962	865
Amortization	(538)	(559)	(1,463)	(1,493)
Impairment	0	63	0	0
Balance at end of period	5,848	6,741	5,848	6,741
SBA Commercial Term
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	932	1,165	1,073	1,296
Additions	39	55	146	189
Amortization	(109)	(107)	(357)	(372)
Impairment	0	0	0	0
Balance at end of period	$ 862	$ 1,113	$ 862	$ 1,113

Operating Leases - Narrative (D

Operating Leases - Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right-of-use lease assets	$ 9,561		$ 0
Operating lease liabilities	$ 10,574		$ 0
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Renewal term	1 year
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Renewal term	5 years
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right-of-use lease assets		$ 9,600
Operating lease liabilities		10,600
Cumulative effect adjustment to retained earnings		53
ASU 2016-02 | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect adjustment to retained earnings		$ 53

Operating Leases - Cost and Sup

Operating Leases - Cost and Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Leases [Abstract]
Operating lease cost	$ 680	$ 1,953
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	0	0
Right of use assets obtained in exchange for lease obligations	28	1,616	$ 0
Operating leases:
Operating lease assets	9,561	9,561		$ 0
Operating lease liabilities	$ 10,574	$ 10,574		$ 0
Weighted-average remaining lease term	5 years 1 month 26 days	5 years 1 month 26 days
Weighted-average discount rate	2.81%	2.81%

Operating Leases - Maturities o

Operating Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Maturities:
2019	$ 676
2020	2,686
2021	2,283
2022	2,171
2023	1,828
After 2023	1,899
Total lease payment	11,543
Imputed Interest	(969)
Present value of operating lease liabilities	$ 10,574	$ 0

Federal Home Loan Bank Advanc_2

Federal Home Loan Bank Advances and Other Borrowings (Details) - USD ($)	1 Months Ended	9 Months Ended	12 Months Ended
	May 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Borrowings from the FHLB		$ 20,000,000	$ 30,000,000
FHLB, Fixed-rate borrowings		$ 20,000,000
Weighted average interest rate		1.92%	1.81%
Loans pledged to secure borrowings		$ 613,700,000	$ 523,400,000
Additional borrowing capacity		411,600,000	386,000,000
FHLB Advances
Debt Instrument [Line Items]
Borrowing capacity of terminated facility	$ 25,000,000
FHLB of San Francisco
Debt Instrument [Line Items]
Investment in capital stock of the FHLB		8,200,000	$ 7,300,000
FHLB Advances
Debt Instrument [Line Items]
Unused borrowing capacity		43,100,000
Loans pledged as collateral		51,400,000
Borrowings outstanding		0
Overnight federal funds lines, maximum borrowing capacity		35,000,000
Outstanding borrowings under terminated facility		$ 0
FHLB Advances | Minimum
Debt Instrument [Line Items]
Maturity term		3 years	2 years
FHLB Advances | Maximum
Debt Instrument [Line Items]
Maturity term		5 years	5 years

Shareholders_ Equity - Narrativ

Shareholders’ Equity - Narrative (Details) - USD ($)	Sep. 05, 2018	Aug. 14, 2018	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Mar. 31, 2019	Mar. 28, 2019
Class of Stock [Line Items]
Net proceeds from issuance of common stock					$ 45,000,000
Stock repurchase program, authorized repurchase amount							$ 6,500,000	$ 6,500,000
Repurchase of common stock (in shares)			316,518		374,069
Repurchase of common stock			$ 5,130,000		$ 6,104,000
Cash dividends declared (in dollars per share)			$ 0.06	$ 0.03	$ 0.17	$ 0.09
Initial Public Offering
Class of Stock [Line Items]
Stock issued under stock offering, net of expenses (in shares)		2,385,000
Offering price (in dollars per share)		$ 20
Net proceeds from issuance of common stock		$ 47,700,000
Underwriter Option
Class of Stock [Line Items]
Stock issued under stock offering, net of expenses (in shares)	123,234
Net proceeds from issuance of common stock	$ 2,500,000
Underwriter option term		30 days
Underwriter option, shares issuable (in shares)		357,750

Shareholders_ Equity - Schedule

Shareholders’ Equity - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Unrealized gain (loss) on securities available-for-sale:
Beginning balance	$ 223,400	$ 151,431	$ 210,296	$ 142,184
Other comprehensive income (loss)
Total other comprehensive income (loss), net of tax	313	(428)	2,298	(1,817)
Balance at end of period	224,643	202,938	224,643	202,938
Unrealized gains or losses on securities available-for-sale
Unrealized gain (loss) on securities available-for-sale:
Beginning balance	338	(2,612)	(1,647)	(1,223)
Other comprehensive income (loss)
Unrealized gain (loss) arising during the period	443	(604)	3,253	(2,564)
Tax effect of current period changes	(130)	176	(955)	747
Total other comprehensive income (loss), net of tax	313	(428)	2,298	(1,817)
Balance at end of period	$ 651	$ (3,040)	$ 651	$ (3,040)

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - shares	9 Months Ended
	Sep. 30, 2019	Jul. 25, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized options to purchase (in shares)		1,114,446
Shares available for future grants (in shares)	539,514
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award contractual term	10 years
Stock options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Stock options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	5 years
Restricted stock awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	3 years
Restricted stock awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	5 years

Share-Based Compensation - Shar

Share-Based Compensation - Share-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 180	$ 147	$ 503	$ 486
Related tax benefits	11	13	33	38
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	158	147	481	486
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 22	$ 0	$ 22	$ 0

Share-Based Compensation - Unre

Share-Based Compensation - Unrecognized Share-based Compensation Expense (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options	$ 1,149
Restricted stock awards	605
Total unrecognized share-based compensation expense	$ 1,754
Weighted average remaining expected recognition period	2 years 11 months 16 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining expected recognition period	2 years 3 months 15 days
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining expected recognition period	4 years 2 months 30 days

Share-Based Compensation - Opti

Share-Based Compensation - Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning of period (in shares)	847,839		898,291
Granted (in shares)	15,000		25,000
Exercised (in shares)	(8,450)		(68,902)
Forfeited (in shares)	(5,638)		(5,638)
Outstanding at end of year (in shares)	848,751	847,839	848,751	898,291
Exercisable (in shares)	498,616		498,616
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted-Average Exercise Price Per Share, Outstanding at beginning of period (in dollars per share)	$ 10.11		$ 9.81
Weighted-Average Exercise Price Per Share, Granted (in dollars per share)	16.58		16.94
Weighted-Average Exercise Price Per Share, Exercised (in dollars per share)	4.51		6.65
Weighted Average Exercise Price Per Share, Forfeited (in dollars per share)	10.33		10.33
Weighted-Average Exercise Price Per Share, Outstanding at ending of period (in dollars per share)	10.75	$ 10.11	10.75	$ 9.81
Weighted-Average Exercise Price Per Share, Exercisable (in dollars per share)	$ 8.77		$ 8.77
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Weighted-Average Contractual Term,	6 years 4 months 19 days	6 years 2 months 10 days	6 years 4 months 19 days	6 years 6 months 17 days
Weighted-Average Contractual Term, Granted	10 years		10 years
Weighted-Average Contractual Term, Exercised	3 years 5 months 29 days		4 years 3 months 18 days
Weighted-Average Contractual Term, Forfeited	6 years 30 days		6 years 30 days
Weighted-Average Contractual Term, Exercisable	5 years 3 months 9 days		5 years 3 months 9 days
Aggregate Intrinsic Value, Balance	$ 5,302	$ 5,877	$ 5,302	$ 5,243
Aggregate Intrinsic Value, Exercisable	$ 4,105		$ 4,105

Share-Based Compensation - Nonv

Share-Based Compensation - Nonvested Options (Details) - $ / shares	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Number of Shares
Outstanding at beginning of period (in shares)	344,773	347,274
Unvested Options, Granted (in shares)	15,000	25,000
Unvested Options, Vested (in shares)	(4,000)	(16,501)
Unvested Options, Forfeited (in shares)	(5,638)	(5,638)
Outstanding at end of period (in shares)	350,135	350,135
Weighted-Average Exercise Price Per Share
Weighted-Average Exercise Price Per Share, Outstanding (in dollars per share)	$ 12.23	$ 12.17
Weighted-Average Exercise Price Per Share, Granted (in dollars per share)	16.58	16.94
Weighted-Average Exercise Price Per Share, Vested (in dollars per share)	14	14.57
Weighted -Average Exercise Price Per Share,Forfeited(in dollars per share)	10.33	10.33
Weighted-Average Exercise Price Per Share, Outstanding (in dollars per share)	$ 12.43	$ 12.43

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Stock Awards (Details) - Restricted stock awards - $ / shares	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Number of Shares
Outstanding at beginning of period (in shares)	0	0
Granted (in shares)	37,700	37,700
Vested (in shares)	(300)	(300)
Outstanding at end of period (in shares)	37,400	37,400
Weighted-Average Exercise Price Per Share
Weighted-Average Exercise Price Per Share, Outstanding (in dollars per share)	$ 0	$ 0
Weighted-Average Exercise Price Per Share, Granted (in dollars per share)	16.61	16.61
Weighted-Average Exercise Price Per Share, Vested (in dollars per share)	17.09	17.09
Weighted-Average Exercise Price Per Share, Outstanding (in dollars per share)	$ 16.60	$ 16.60

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income tax expense	$ 2,871,000	$ 2,816,000	$ 8,432,000	$ 7,510,000
Effective tax rate	29.70%	30.10%	29.70%	29.90%
Unrecognized tax benefits	$ 0		$ 0		$ 0
Unrecognized tax benefits, accrued interest					0
Unrecognized tax benefits, accrued penalties	$ 0		$ 0		$ 0

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Antidilutive securities earnings per share, amount	155,000	0	163,000	0
Basic earnings per share:
Net income	$ 6,785	$ 6,543	$ 19,950	$ 17,569
Less: income allocated to unvested restricted stock	(8)	0	(8)	0
Net income allocated to common stock	$ 6,777	$ 6,543	$ 19,942	$ 17,569
Weighted-average total common shares outstanding (in shares)	15,835,139	14,730,120	15,949,962	13,865,190
Weighted average unvested restricted stock (in shares)	(18,870)	0	(6,359)	0
Weighted-average common shares outstanding (in shares)	15,816,269	14,730,120	15,943,603	13,865,190
Basic earnings per share (in dollars per share)	$ 0.43	$ 0.44	$ 1.25	$ 1.27
Diluted earnings per share:
Net income allocated to common stock	$ 6,777	$ 6,543	$ 19,942	$ 17,569
Weighted-average common shares outstanding (in shares)	15,816,269	14,730,120	15,943,603	13,865,190
Diluted effect of stock options (in shares)	283,329	194,426	288,245	186,371
Diluted weighted-average common shares outstanding (in shares)	16,099,598	14,924,546	16,231,848	14,051,561
Diluted earnings per share (in shares)	$ 0.42	$ 0.44	$ 1.23	$ 1.25

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	$ 174,798	$ 130,918
SEC Schedule, 12-09, Reserve, Off-balance Sheet Activity
Other Commitments [Line Items]
Reserve for off-balance sheet items	146	139
Commitments to extend credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	170,950	127,443
Standby letters of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	3,548	2,998
Commercial letters of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	$ 300	$ 477

Regulatory Matters (Details)

Regulatory Matters (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
PCB Bancorp
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	9.27%	9.31%
Actual
Common tier 1 capital (to risk-weighted assets), amount	$ 223,130	$ 210,871
Common tier 1 capital (to risk-weighted assets), ratio	16.30%	16.28%
Total capital (to risk-weighted assets), amount	$ 236,370	$ 224,178
Total capital (to risk-weighted assets), ratio	17.27%	17.31%
Tier 1 capital (to risk-weighted assets), amount	$ 223,130	$ 210,871
Tier 1 capital (to risk-weighted assets), ratio	16.30%	16.28%
Tier 1 capital (to average assets), amount	$ 223,130	$ 210,871
Tier 1 capital (to average assets), ratio	12.87%	12.60%
Minimum Capital Requirement
Common tier 1 capital (to risk-weighted assets), amount	$ 61,607	$ 58,273
Common tier 1 capital (to risk-weighted assets), ratio	4.50%	4.50%
Total capital (to risk-weighted assets), amount	$ 109,524	$ 103,596
Total capital (to risk-weighted assets), ratio	8.00%	8.00%
Tier 1 capital (to risk-weighted assets), amount	$ 82,143	$ 77,697
Tier 1 capital (to risk-weighted assets), ratio	6.00%	6.00%
Tier 1 capital (to average assets), amount	$ 69,345	$ 66,930
Tier 1 capital (to average assets), ratio	4.00%	4.00%
Pacific City Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	9.08%	9.21%
Actual
Common tier 1 capital (to risk-weighted assets), amount	$ 220,537	$ 209,587
Common tier 1 capital (to risk-weighted assets), ratio	16.11%	16.19%
Total capital (to risk-weighted assets), amount	$ 233,777	$ 222,894
Total capital (to risk-weighted assets), ratio	17.08%	17.21%
Tier 1 capital (to risk-weighted assets), amount	$ 220,537	$ 209,587
Tier 1 capital (to risk-weighted assets), ratio	16.11%	16.19%
Tier 1 capital (to average assets), amount	$ 220,537	$ 209,587
Tier 1 capital (to average assets), ratio	12.72%	12.53%
Minimum Capital Requirement
Common tier 1 capital (to risk-weighted assets), amount	$ 61,603	$ 58,272
Common tier 1 capital (to risk-weighted assets), ratio	4.50%	4.50%
Total capital (to risk-weighted assets), amount	$ 109,517	$ 103,594
Total capital (to risk-weighted assets), ratio	8.00%	8.00%
Tier 1 capital (to risk-weighted assets), amount	$ 82,138	$ 77,696
Tier 1 capital (to risk-weighted assets), ratio	6.00%	6.00%
Tier 1 capital (to average assets), amount	$ 69,343	$ 66,929
Tier 1 capital (to average assets), ratio	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Provisions
Common tier 1 capital (to risk-weighted assets), amount	$ 88,983	$ 84,171
Common tier 1 capital (to risk-weighted assets), ratio	6.50%	6.50%
Total capital (to risk-weighted assets), amount	$ 136,896	$ 129,493
Total capital (to risk-weighted assets), ratio	10.00%	10.00%
Tier 1 capital (to risk-weighted assets), amount	$ 109,517	$ 103,594
Tier 1 capital (to risk-weighted assets), ratio	8.00%	8.00%
Tier 1 capital (to average assets), amount	$ 86,678	$ 83,661
Tier 1 capital (to average assets), ratio	5.00%	5.00%

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	$ 667	$ 613	$ 1,875	$ 1,775
Monthly service fees
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	27	28	84	80
Account analysis fees
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	252	243	721	719
Non-sufficient funds charges
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	102	82	261	235
Other deposit related fees
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	24	24	71	68
Total service charges and fees on deposits
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	405	377	1,137	1,102
Debit card fees
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	70	62	203	157
Gain (loss) on sale of other real estate owned
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	(1)	0	(1)	3
Wire transfer fees
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	135	122	370	348
Other service charges
Disaggregation of Revenue [Line Items]
Total noninterest income in-scope of Topic 606	$ 58	$ 52	$ 166	$ 165

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Oct. 31, 2019	Sep. 30, 2019	Sep. 30, 2018	Oct. 24, 2019	Sep. 30, 2019	Sep. 30, 2018	Mar. 31, 2019	Mar. 28, 2019
Subsequent Event [Line Items]
Stock repurchase program, authorized repurchase amount							$ 6,500,000	$ 6,500,000
Cash dividends declared on common stock (in dollars per share)		$ 0.06	$ 0.03		$ 0.17	$ 0.09
Subsequent Event
Subsequent Event [Line Items]
Repurchase of common stock (in shares)				396,715
Cash dividends declared on common stock (in dollars per share)	$ 0.08