PCB Bancorp (PCB) 10-Q 7 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	Apr. 30, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	001-38621
Entity Registrant Name	PCB BANCORP
Entity Incorporation, State or Country Code	CA
Entity Tax Identification Number	20-8856755
Entity Address, Address Line One	3701 Wilshire Boulevard
Entity Address, Address Line Two	Suite 900
Entity Address, City or Town	Los Angeles
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90010
City Area Code	213
Local Phone Number	210-2000
Title of 12(b) Security	Common stock, no par value
Trading Symbol	PCB
Security Exchange Name	NASDAQ
Entity current reporting status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity small business	true
Entity emerging growth company	false
Entity shell company	false
Entity Common Stock, Shares Outstanding		14,266,937
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001423869
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 29,432	$ 26,518
Interest-bearing deposits in other financial institutions	210,359	215,824
Total cash and cash equivalents	239,791	242,342
Securities available-for-sale, at fair value (amortized cost of $152,649 and $156,175, respectively, and allowance for credit losses of $0 and $0, respectively, at March 31, 2024 and December 31, 2023)	138,170	143,323
Loans held-for-sale, at lower of cost or fair value	3,256	5,155
Loans held-for-investment, net of deferred fees and costs	2,397,964	2,323,452
Allowance for credit losses on loans	(28,332)	(27,533)
Net loans held-for-investment	2,369,632	2,295,919
Premises and equipment, net	8,892	5,999
Federal Home Loan Bank and other restricted stock, at cost	12,716	12,716
Other real estate owned, net	0	2,558
Bank-owned life insurance	31,045	30,817
Servicing assets	6,544	6,666
Operating lease assets	18,255	18,913
Accrued interest receivable	10,394	9,468
Other assets	15,597	15,630
Total assets	2,854,292	2,789,506
Deposits:
Noninterest-bearing demand	538,380	594,673
Savings, NOW and money market accounts	483,607	421,203
Time deposits of $250,000 or less	771,303	760,034
Time deposits of more than $250,000	609,550	575,702
Total deposits	2,402,840	2,351,612
Federal Home Loan Bank advances	50,000	39,000
Deferred tax liabilities, net	266	876
Operating lease liabilities	19,555	20,137
Accrued interest payable and other liabilities	31,626	29,009
Total liabilities	2,504,287	2,440,634
Commitments and contingencies
Preferred stock, 10,000,000 shares authorized, no par value:
Series C, senior non-cumulative perpetual, $1,000 per share liquidation preference, 69,141 and 69,141 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively.	69,141	69,141
Common stock, 60,000,000 shares authorized, no par value; 14,263,791 and 14,260,440 shares issued and outstanding, respectively, and included 25,400 and 41,661 shares of unvested restricted stock, respectively, at March 31, 2024 and December 31, 2023	142,734	142,563
Retained earnings	148,209	146,092
Accumulated other comprehensive loss, net	(10,079)	(8,924)
Total shareholders’ equity	350,005	348,872
Total liabilities and shareholders’ equity	$ 2,854,292	$ 2,789,506

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Amortized cost	$ 152,649	$ 156,175
Allowance for credit losses	$ 0	$ 0
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000	$ 1,000
Preferred stock, issued (in shares)	69,141	69,141
Preferred stock, outstanding (in shares)	69,141	69,141
Common stock, authorized (in shares)	60,000,000	60,000,000
Common stock, issued (in shares)	14,263,791	14,260,440
Common stock, outstanding (in shares)	14,263,791	14,260,440
Unvested restricted stock (in shares)	255,000	271,000
Restricted Stock Units (RSUs)
Unvested restricted stock (in shares)	25,400	41,661

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Loans, including fees	$ 39,251	$ 31,229
Tax-exempt investment securities	28	34
Taxable investment securities	1,218	1,068
Other interest-earning assets	3,058	2,205
Total interest income	43,555	34,536
Interest expense:
Deposits	21,967	11,913
Other borrowings	589	209
Total interest expense	22,556	12,122
Net interest income	20,999	22,414
Provision (reversal) for credit losses	1,090	(2,778)
Net interest income after provision (reversal) for credit losses	19,909	25,192
Noninterest income:
Service charges and fees on deposits	378	344
Loan servicing income	919	860
Bank-owned life insurance income	228	180
Gain on sale of loans	1,078	1,309
Other income	342	328
Total noninterest income	2,945	3,021
Noninterest expense:
Salaries and employee benefits	9,218	8,928
Occupancy and equipment	2,358	1,896
Professional fees	1,084	732
Marketing and business promotion	319	372
Data processing	402	412
Director fees and expenses	232	180
Regulatory assessments	298	155
Other expenses	2,441	1,079
Total noninterest expense	16,352	13,754
Income before income taxes	6,502	14,459
Income tax expense	1,817	4,162
Net income	$ 4,685	$ 10,297
Earnings per common share, basic (in dollars per share)	$ 0.33	$ 0.71
Earnings per common share, diluted (in dollars per share)	$ 0.33	$ 0.70
Weighted-average common shares outstanding, basic (in shares)	14,235,419	14,419,155
Weighted-average common shares outstanding, diluted (in shares)	14,330,204	14,574,929

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 4,685	$ 10,297
Other comprehensive income (loss):
Unrealized gain (loss) on securities available-for-sale arising during the year	(1,627)	2,028
Income tax benefit (expense) related to items of other comprehensive income (loss)	472	(599)
Total other comprehensive income (loss), net of tax	(1,155)	1,429
Total comprehensive income	$ 3,530	$ 11,726

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Cumulative effect adjustment upon adoption of ASC 326	Adjusted beginning balance	Preferred Stock	Preferred Stock Adjusted beginning balance	Common Stock	Common Stock Adjusted beginning balance	Retained Earnings	Retained Earnings Cumulative effect adjustment upon adoption of ASC 326	Retained Earnings Adjusted beginning balance	Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Adjusted beginning balance
Beginning balance, preferred stock (in shares) at Dec. 31, 2022				69,141
Beginning balance, common stock (in shares) at Dec. 31, 2022						14,625,474
Beginning balance at Dec. 31, 2022	$ 335,442	$ (1,886)	$ 333,556	$ 69,141	$ 69,141	$ 149,631	$ 149,631	$ 127,181	$ (1,886)	$ 125,295	$ (10,511)	$ (10,511)
Comprehensive income (loss)
Net income	10,297							10,297
Other comprehensive income (loss), net of tax	1,429										1,429
Repurchase of common stock (in shares)						(385,381)
Repurchase of common stock	(6,845)					$ (6,845)
Share-based compensation expense	120					$ 120
Stock options exercised (in shares)						57,777
Stock options exercised	450					$ 450
Cash dividends declared on common stock	(2,177)							(2,177)
Ending balance, preferred stock (in shares) at Mar. 31, 2023				69,141
Ending balance, common stock (in shares) at Mar. 31, 2023						14,297,870
Ending balance at Mar. 31, 2023	336,830			$ 69,141		$ 143,356		133,415			(9,082)
Beginning balance, preferred stock (in shares) at Dec. 31, 2022				69,141
Beginning balance, common stock (in shares) at Dec. 31, 2022						14,625,474
Beginning balance at Dec. 31, 2022	$ 335,442	$ (1,886)	$ 333,556	$ 69,141	$ 69,141	$ 149,631	$ 149,631	127,181	$ (1,886)	$ 125,295	(10,511)	$ (10,511)
Comprehensive income (loss)
Repurchase of common stock (in shares)	(512,657)
Ending balance, preferred stock (in shares) at Dec. 31, 2023	69,141			69,141
Ending balance, common stock (in shares) at Dec. 31, 2023	14,260,440					14,260,440
Ending balance at Dec. 31, 2023	$ 348,872			$ 69,141		$ 142,563		146,092			(8,924)
Comprehensive income (loss)
Net income	4,685							4,685
Other comprehensive income (loss), net of tax	(1,155)										(1,155)
Share-based compensation expense	$ 136					$ 136
Stock options exercised (in shares)	3,351					3,351
Stock options exercised	$ 35					$ 35
Cash dividends declared on common stock	$ (2,568)							(2,568)
Ending balance, preferred stock (in shares) at Mar. 31, 2024	69,141			69,141
Ending balance, common stock (in shares) at Mar. 31, 2024	14,263,791					14,263,791
Ending balance at Mar. 31, 2024	$ 350,005			$ 69,141		$ 142,734		$ 148,209			$ (10,079)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) (Unaudited) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.18	$ 0.15

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net income	$ 4,685	$ 10,297
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment	551	559
Net amortization of premiums on securities	41	57
Net accretion of discounts on loans	(573)	(671)
Net accretion of deferred loan fees	(334)	(175)
Amortization of servicing assets	374	423
Provision (reversal) for credit losses	1,090	(2,778)
Bank-owned life insurance income	(228)	(180)
Deferred tax benefit	(138)	(449)
Stock-based compensation	136	120
Gain on sale of loans	(1,078)	(1,309)
Originations of loans held-for-sale	(19,075)	(22,741)
Proceeds from sales of and principal collected on loans held-for-sale	22,400	28,929
Change in accrued interest receivable and other assets	(2,117)	3,840
Change in accrued interest payable and other liabilities	2,512	2,296
Net cash provided by operating activities	8,246	18,218
Cash flows from investing activities
Purchase of securities available-for-sale	0	(4,908)
Proceeds from maturities and paydowns of securities available-for-sale	3,485	4,077
Proceeds from principal collected on loans held-for-sale previously classified as held-for-investment	0	5,074
Net change in loans held-for-investment	(74,328)	(30,244)
Purchase of loans held-for-investment	0	(15,741)
Proceeds from sale of other real estate owned	2,571	0
Purchases of premises and equipment	(2,220)	(122)
Net cash used in investing activities	(70,492)	(41,864)
Cash flows from financing activities
Net change in deposits	51,228	95,706
Net change in short-term Federal Home Loan Bank advances	0	(20,000)
Proceeds from long-term Federal Home Loan Bank advances	50,000	0
Repayment of long-term Federal Home Loan Bank advances	(39,000)	0
Stock options exercised	35	450
Repurchase of common stock	0	(6,845)
Cash dividends paid on common stock	(2,568)	(2,177)
Net cash provided by financing activities	59,695	67,134
Net increase (decrease) in cash and cash equivalents	(2,551)	43,488
Cash and cash equivalents at beginning of period	242,342	147,031
Cash and cash equivalents at end of period	239,791	190,519
Supplemental disclosures of cash flow information:
Interest paid	23,866	7,954
Income taxes paid	14	56
Supplemental disclosures of non-cash investment activities:
Right of use assets obtained in exchange for lease obligations	$ 0	$ 195

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
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 is a bank holding company whose subsidiary is PCB Bank (the “Bank”), which is a single operating segment. The Company changed its subsidiary name from Pacific City Bank to PCB Bank on August 25, 2022. As of March 31, 2024, the Bank operated 11 full-service branches in Los Angeles and Orange counties, California, three full-service branches on the East Coast (Bayside, New York; and Englewood Cliffs and Palisades Park, New Jersey), and two full-service branches in Texas (Carrollton and Dallas), and seven loan production offices (“LPOs”) in Los Angeles and Orange Counties, California; Annandale, Virginia; Atlanta, Georgia; Aurora, Colorado; Bellevue, Washington; and Carrollton, Texas. 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, 2023 filed by the Company with the SEC. The December 31, 2023 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, 2023 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 three months ended March 31, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. Principles of Consolidation The consolidated financial statements include the accounts of PCB Bancorp and its wholly owned subsidiary as of March 31, 2024 and December 31, 2023, and for the three months ended March 31, 2024 and 2023. 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, 2023 filed with the SEC. 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 three months ended March 31, 2024, there were no significant accounting pronouncements applicable to the Company that were adopted or became effective. Recent Accounting Pronouncements Not Yet Adopted The following recently issued accounting pronouncement applicable to the Company has not yet been adopted: In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 780) - Improvements to Income Tax Disclosures.” The amendments in this ASU requires public entities to disclose in their rate reconciliation table additional categories of information about federal, state and foreign income taxes and to provide more details about the reconciling items in some categories if items meet a quantitative threshold. This ASU also requires all entities to disclose income taxes paid, net of refunds, disaggregated by federal, state and foreign taxes for annual periods and to disaggregate the information by jurisdiction based on a quantitative threshold, among other things. This ASU is effective for the Company for fiscal years beginning after December 15, 2024 with early adoption permitted. The Company will update its income tax disclosure upon adoption.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Accounting Standards Codification (“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, loans individually evaluated, 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. Loans individually evaluated : Certain collateral-dependent loans individually evaluated are recognized at fair value when they reflect 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. 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 loans individually evaluated 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 Significant Unobservable Inputs Total March 31, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 100,183 $ — $ 100,183 Residential collateralized mortgage obligations — 23,428 — 23,428 SBA loan pool securities — 7,129 — 7,129 Municipal bonds — 3,280 — 3,280 Corporate bonds — 4,150 — 4,150 Total securities available-for-sale — 138,170 — 138,170 Total assets measured at fair value on a recurring basis $ — $ 138,170 $ — $ 138,170 Total liabilities measured at fair value on a recurring basis $ — $ — $ — $ — December 31, 2023 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 104,091 $ — $ 104,091 Residential collateralized mortgage obligations — 24,173 — 24,173 SBA loan pool securities — 7,450 — 7,450 Municipal bonds — 3,329 — 3,329 Corporate bonds — 4,280 — 4,280 Total securities available-for-sale — 143,323 — 143,323 Total assets measured at fair value on a recurring basis $ — $ 143,323 $ — $ 143,323 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 Significant Unobservable Inputs Total March 31, 2024 Loans individually evaluated: Business property $ — $ — $ 463 $ 463 Total loans individually evaluated — — 463 463 Total assets measured at fair value on a non-recurring basis $ — $ — $ 463 $ 463 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ — December 31, 2023 Loans individually evaluated: Business property $ — $ — $ 425 $ 425 Total loans individually evaluated — — 425 425 Total assets measured at fair value on a non-recurring basis $ — $ — $ 425 $ 425 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ — The following table presents quantitative information about level 3 fair value measurements for assets measured at fair value on a non-recurring basis as of the date indicated: ($ in thousands) Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted-Average) March 31, 2024 Loans individually evaluated: Business property $ 463 Fair value of collateral NM NM December 31, 2023 Loans individually evaluated: Business property $ 425 Fair value of collateral NM NM The following table presents gains or losses, including charge-offs, recoveries, and specific reserves recorded, for assets measured at fair value for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Loans individually evaluated: Business property $ 13 $ (29) Commercial and industrial — 1,074 Net gains recognized $ 13 $ 1,045 Fair Value of Financial Instruments 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 March 31, 2024 Financial assets: Interest-bearing deposits in other financial institutions $ 210,359 $ 210,359 $ 210,359 $ — $ — Securities available-for-sale 138,170 138,170 — 138,170 — Loans held-for-sale 3,256 3,498 — 3,498 — Net loans held-for-investment 2,369,632 2,285,874 — — 2,285,874 Federal Home Loan Bank (“FHLB”) and other restricted stock 12,716 N/A N/A N/A N/A Accrued interest receivable 10,394 10,394 348 452 9,594 Financial liabilities: Deposits $ 2,402,840 $ 2,406,788 $ — $ — $ 2,406,788 FHLB advances 50,000 50,030 — 50,030 — Accrued interest payable 16,742 16,742 — 46 16,696 December 31, 2023 Financial assets: Interest-bearing deposits in other financial institutions $ 215,824 $ 215,824 $ 215,824 $ — $ — Securities available-for-sale 143,323 143,323 — 143,323 — Loans held-for-sale 5,155 5,472 — 5,472 — Net loans held-for-investment 2,295,919 2,225,573 — — 2,225,573 FHLB and other restricted stock 12,716 N/A N/A N/A N/A Accrued interest receivable 9,468 9,468 128 513 8,827 Financial liabilities: Deposits $ 2,351,612 $ 2,353,465 $ — $ — $ 2,353,465 FHLB advances 39,000 39,013 — 39,013 — Accrued interest payable 18,052 18,052 — 192 17,860

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities The following table presents the amortized cost and fair value of the securities available-for-sale as of the dates indicated: ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value March 31, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 111,860 $ 87 $ (11,764) $ 100,183 Residential collateralized mortgage obligations 25,002 54 (1,628) 23,428 SBA loan pool securities 7,480 3 (354) 7,129 Municipal bonds 3,307 3 (30) 3,280 Corporate bonds 5,000 — (850) 4,150 Total securities available-for-sale $ 152,649 $ 147 $ (14,626) $ 138,170 December 31, 2023 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 114,485 $ 199 $ (10,593) $ 104,091 Residential collateralized mortgage obligations 25,611 63 (1,501) 24,173 SBA loan pool securities 7,773 3 (326) 7,450 Municipal bonds 3,306 25 (2) 3,329 Corporate bonds 5,000 — (720) 4,280 Total securities available-for-sale $ 156,175 $ 290 $ (13,142) $ 143,323 As of March 31, 2024 and December 31, 2023, pledged securities were $74.5 million and $70.9 million, respectively. These securities were pledged for the State Deposit from the California State Treasurer. The Company elected to exclude accrued interest receivable from the amortized cost of its securities available-for-sale. Accrued interest receivable on securities available-for-sale totaled $452 thousand and $513 thousand at March 31, 2024 and December 31, 2023, respectively. As of March 31, 2024 and December 31, 2023, there were no holdings of securities available-for-sale of any one issuer, other than the U.S. government agency and U.S. government sponsored enterprise, in an amount greater than 10% of shareholder’s equity. The following table presents the amortized cost and fair value of the securities available-for-sale by contractual maturity as of the date indicated. Expected maturities may differ from contractual maturities, if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. March 31, 2024 ($ in thousands) Amortized Cost Fair Value Within one year $ 862 $ 861 One to five years 82 80 Five to ten years 5,725 4,871 Greater than ten years 1,638 1,618 Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities 144,342 130,740 Total $ 152,649 $ 138,170 The Company had no proceeds from sales and calls of securities available-for-sale for the three months ended March 31, 2024 or 2023. The following table summarizes the investment securities with unrealized losses by security type and length of time in a continuous unrealized loss position for which an allowance for credit losses (“ACL”) was not recorded 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 March 31, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 6,936 $ (88) 10 $ 82,428 $ (11,676) 112 $ 89,364 $ (11,764) 122 Residential collateralized mortgage obligations 5,663 (41) 4 13,283 (1,587) 35 18,946 (1,628) 39 SBA loan pool securities — — — 6,349 (354) 14 6,349 (354) 14 Municipal bonds 1,505 (27) 4 440 (3) 2 1,945 (30) 6 Corporate bonds — — — 4,150 (850) 1 4,150 (850) 1 Total securities available-for-sale $ 14,104 $ (156) 18 $ 106,650 $ (14,470) 164 $ 120,754 $ (14,626) 182 December 31, 2023 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 9,252 $ (41) 8 $ 78,958 $ (10,552) 110 $ 88,210 $ (10,593) 118 Residential collateralized mortgage obligations 5,660 (62) 4 13,919 (1,439) 35 19,579 (1,501) 39 SBA loan pool securities — — — 6,627 (326) 14 6,627 (326) 14 Municipal bonds 81 — 1 362 (2) 1 443 (2) 2 Corporate bonds — — — 4,280 (720) 1 4,280 (720) 1 Total securities available-for-sale $ 14,993 $ (103) 13 $ 104,146 $ (13,040) 161 $ 119,139 $ (13,142) 174 As of March 31, 2024, 94.6%, at amortized cost basis, of the Company's securities available-for-sale were issued by U.S. government agency and U.S. government sponsored enterprise. Because the decline in fair value is attributable to changes in interest rates and illiquidity, and not credit quality, and because the Company does not have the intent to sell these securities and it is likely that it will not be required to sell these securities before their anticipated recovery, the Company determined that these securities with unrealized losses did not warrant an ACL. Municipal and corporate bonds 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 March 31, 2024. 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. The Company therefore determined that the investment securities with unrealized losses did not warrant an ACL as of March 31, 2024. As of March 31, 2024, the Company recorded no ACL on securities available-for-sale.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses on Loans	3 Months Ended
	Mar. 31, 2024
Receivables [Abstract]
Loans and Allowance for Credit Losses on Loans	Loans and Allowance for Credit Losses on Loans Loans Held-For-Investment The following table presents the composition of the Company’s loans held-for-investment as of the dates indicated. ($ in thousands) March 31, 2024 December 31, 2023 Commercial real estate: Commercial property $ 874,300 $ 855,270 Business property 578,903 558,772 Multifamily 131,742 132,500 Construction 29,212 24,843 Total commercial real estate 1,614,157 1,571,385 Commercial and industrial 371,934 342,002 Consumer: Residential mortgage 389,888 389,420 Other consumer 21,985 20,645 Total consumer 411,873 410,065 Loans held-for-investment 2,397,964 2,323,452 Allowance for credit losses on loans (28,332) (27,533) Net loans held-for-investment $ 2,369,632 $ 2,295,919 Allowance for Credit Losses on Loans The following table presents a composition of provision (reversal) for credit losses for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Provision (reversal) for credit losses on loans $ 922 $ (2,417) Provision (reversal) for credit losses on off-balance sheet credit exposures 168 (361) Total provision (reversal) for credit losses $ 1,090 $ (2,778) The following table presents the activities in ACL on loans for the periods indicated: ($ in thousands) Commercial Property Business Property Multifamily Construction Commercial and Industrial Residential Mortgage Other Consumer Total Balance at January 1, 2024 $ 12,665 $ 4,739 $ 1,441 $ 135 $ 6,245 $ 2,226 $ 82 $ 27,533 Charge-offs — — — — (155) — (30) (185) Recoveries — 2 — — 9 — 51 62 Provision (reversal) for credit losses on loans (546) 73 (126) (26) 1,489 108 (50) 922 Balance at March 31, 2024 $ 12,119 $ 4,814 $ 1,315 $ 109 $ 7,588 $ 2,334 $ 53 $ 28,332 Balance at January 1, 2023 $ 8,502 $ 5,749 $ 1,134 $ 151 $ 5,502 $ 3,691 $ 213 $ 24,942 Impact of ASC 326 adoption (1,762) 896 256 — 4,344 (2,534) (133) 1,067 Charge-offs — — — — — — — — Recoveries — 5 — — 1,085 — 12 1,102 Provision (reversal) for credit losses on loans 1,736 (581) (9) 5 (3,617) 57 (8) (2,417) Balance at March 31, 2023 $ 8,476 $ 6,069 $ 1,381 $ 156 $ 7,314 $ 1,214 $ 84 $ 24,694 The increase in overall ACL for the three months ended March 31, 2024 was primarily due to an increase in loans held-for-investment. 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 summarizes the Company’s loans held-for-investment by loan segment, internal risk ratings and vintage year as of March 31, 2024 and gross write offs for the three months ended March 31, 2024. The vintage year is the year of origination, renewal or major modification. Revolving loans that are converted to term loans presented in the table below are excluded from the Term Loans by Origination Year columns. Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2024 2023 2022 2021 2020 Prior Total March 31, 2024 Commercial Real Estate: Commercial property Pass $ 43,270 $ 153,834 $ 265,870 $ 155,402 $ 79,651 $ 158,912 $ 14,358 $ — $ 871,297 Special mention — — — 481 — 240 — — 721 Substandard — — — — — 2,282 — — 2,282 Doubtful — — — — — — — — — Total $ 43,270 $ 153,834 $ 265,870 $ 155,883 $ 79,651 $ 161,434 $ 14,358 $ — $ 874,300 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Business property Pass $ 29,660 $ 102,866 $ 102,981 $ 159,474 $ 48,997 $ 125,262 $ 1,239 $ 4,298 $ 574,777 Special mention — — — — — — — — — Substandard — — 622 194 499 2,811 — — 4,126 Doubtful — — — — — — — — — Total $ 29,660 $ 102,866 $ 103,603 $ 159,668 $ 49,496 $ 128,073 $ 1,239 $ 4,298 $ 578,903 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Multifamily Pass $ — $ 14,173 $ 40,433 $ 42,565 $ 26,294 $ 8,277 $ — $ — $ 131,742 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ — $ 14,173 $ 40,433 $ 42,565 $ 26,294 $ 8,277 $ — $ — $ 131,742 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass $ — $ 7,348 $ 10,187 $ — $ 7,500 $ 4,177 $ — $ — $ 29,212 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ — $ 7,348 $ 10,187 $ — $ 7,500 $ 4,177 $ — $ — $ 29,212 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2024 2023 2022 2021 2020 Prior Total March 31, 2024 (Continued) Commercial and Industrial Pass $ 10,924 $ 76,833 $ 27,387 $ 11,165 $ 3,911 $ 13,931 $ 222,924 $ 3,558 $ 370,633 Special mention — — — — 380 — — — 380 Substandard — — — — — 921 — — 921 Doubtful — — — — — — — — — Total $ 10,924 $ 76,833 $ 27,387 $ 11,165 $ 4,291 $ 14,852 $ 222,924 $ 3,558 $ 371,934 Current period gross write offs $ — $ — $ — $ 150 $ — $ 5 $ — $ — $ 155 Consumer Residential mortgage Pass $ 7,359 $ 78,711 $ 160,422 $ 77,750 $ 11,146 $ 54,064 $ — $ — $ 389,452 Special mention — — — — — — — — — Substandard — — — — — 436 — — 436 Doubtful — — — — — — — — — Total $ 7,359 $ 78,711 $ 160,422 $ 77,750 $ 11,146 $ 54,500 $ — $ — $ 389,888 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Other consumer Pass $ 30 $ 4,195 $ 6,765 $ 2,760 $ 1,022 $ 288 $ 6,919 $ — $ 21,979 Special mention — — — — — — — — — Substandard — — — — 6 — — — 6 Doubtful — — — — — — — — — Total $ 30 $ 4,195 $ 6,765 $ 2,760 $ 1,028 $ 288 $ 6,919 $ — $ 21,985 Current period gross write offs $ — $ 12 $ 15 $ — $ 3 $ — $ — $ — $ 30 Total loans held-for-investment Pass $ 91,243 $ 437,960 $ 614,045 $ 449,116 $ 178,521 $ 364,911 $ 245,440 $ 7,856 $ 2,389,092 Special mention — — — 481 380 240 — — 1,101 Substandard — — 622 194 505 6,450 — — 7,771 Doubtful — — — — — — — — — Total $ 91,243 $ 437,960 $ 614,667 $ 449,791 $ 179,406 $ 371,601 $ 245,440 $ 7,856 $ 2,397,964 Current period gross write offs $ — $ 12 $ 15 $ 150 $ 3 $ 5 $ — $ — $ 185 The following table summarize the Company’s loans held-for-investment by loan segment, internal risk ratings and vintage year as of December 31, 2023. The vintage year is the year of origination, renewal or major modification. Revolving loans that are converted to term loans presented in the table below are excluded from term loans by vintage year columns. Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2023 2022 2021 2020 2019 Prior Total December 31, 2023 Commercial Real Estate: Commercial property Pass $ 154,563 $ 268,369 $ 155,817 $ 83,461 $ 70,425 $ 107,879 $ 8,807 $ — $ 849,321 Special mention — — 484 — — 2,952 — — 3,436 Substandard — — — — 311 2,202 — — 2,513 Doubtful — — — — — — — — — Total $ 154,563 $ 268,369 $ 156,301 $ 83,461 $ 70,736 $ 113,033 $ 8,807 $ — $ 855,270 Business property Pass $ 103,364 $ 103,549 $ 163,136 $ 50,362 $ 69,852 $ 59,765 $ 882 $ 4,327 $ 555,237 Special mention — — — — — — — — — Substandard — 452 193 — 2,254 636 — — 3,535 Doubtful — — — — — — — — — Total $ 103,364 $ 104,001 $ 163,329 $ 50,362 $ 72,106 $ 60,401 $ 882 $ 4,327 $ 558,772 Multifamily Pass $ 14,219 $ 40,618 $ 42,848 $ 26,472 $ 2,419 $ 5,924 $ — $ — $ 132,500 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 14,219 $ 40,618 $ 42,848 $ 26,472 $ 2,419 $ 5,924 $ — $ — $ 132,500 Construction Pass $ 4,617 $ 9,120 $ — $ 7,500 $ 3,606 $ — $ — $ — $ 24,843 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 4,617 $ 9,120 $ — $ 7,500 $ 3,606 $ — $ — $ — $ 24,843 Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2023 2022 2021 2020 2019 Prior Total December 31, 2023 (Continued) Commercial and Industrial Pass $ 77,957 $ 28,638 $ 11,950 $ 4,354 $ 6,323 $ 8,327 $ 198,010 $ 3,796 $ 339,355 Special mention — — — 379 314 27 1,000 — 1,720 Substandard — — — — 142 785 — — 927 Doubtful — — — — — — — — — Total $ 77,957 $ 28,638 $ 11,950 $ 4,733 $ 6,779 $ 9,139 $ 199,010 $ 3,796 $ 342,002 Consumer Residential mortgage Pass $ 79,581 $ 163,734 $ 78,499 $ 11,363 $ 10,865 $ 45,378 $ — $ — $ 389,420 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 79,581 $ 163,734 $ 78,499 $ 11,363 $ 10,865 $ 45,378 $ — $ — $ 389,420 Other consumer Pass $ 4,837 $ 7,527 $ 3,275 $ 1,326 $ 458 $ 7 $ 3,190 $ — $ 20,620 Special mention — — — — — — — — — Substandard — 15 — 10 — — — — 25 Doubtful — — — — — — — — — Total $ 4,837 $ 7,542 $ 3,275 $ 1,336 $ 458 $ 7 $ 3,190 $ — $ 20,645 Total loans held-for-investment Pass $ 439,138 $ 621,555 $ 455,525 $ 184,838 $ 163,948 $ 227,280 $ 210,889 $ 8,123 $ 2,311,296 Special mention — — 484 379 314 2,979 1,000 — 5,156 Substandard — 467 193 10 2,707 3,623 — — 7,000 Doubtful — — — — — — — — — Total $ 439,138 $ 622,022 $ 456,202 $ 185,227 $ 166,969 $ 233,882 $ 211,889 $ 8,123 $ 2,323,452 Nonaccrual Loans The following table presents the loans on nonaccrual status by loan segments as of the date indicated: ($ in thousands) Total Nonaccrual Loans Nonaccrual Loans with ACL ACL on Nonaccrual Loans Collateral Dependent Nonaccrual Loans ACL on Collateral Dependent Nonaccrual Loans March 31, 2024 Commercial real estate: Commercial property $ 932 $ — $ — $ 932 $ — Business property 3,455 740 277 3,455 277 Total commercial real estate 4,387 740 277 4,387 277 Commercial and industrial 111 45 26 66 — Consumer: Residential mortgage 436 — — 436 — Other consumer 6 6 — — — Total consumer 442 6 — 436 — Total $ 4,940 $ 791 $ 303 $ 4,889 $ 277 December 31, 2023 Commercial real estate: Commercial property $ 958 $ — $ — $ 958 $ — Business property 2,865 689 264 2,865 264 Total commercial real estate 3,823 689 264 3,823 264 Commercial and industrial 68 — — 68 — Consumer: Other consumer 25 25 — — — Total consumer 25 25 — — — Total $ 3,916 $ 714 $ 264 $ 3,891 $ 264 There were no nonaccrual loans guaranteed by a U.S. government agency at March 31, 2024 and December 31, 2023. Collateral Dependent Loans Loans that have been classified as collateral dependent are loans where substantially all repayment of the loan is expected to come from the operation of or eventual liquidation of the collateral. Collateral dependent loans are evaluated individually for purposes of determining the ACL, which is determined based on the estimated fair value of the collateral. Estimates for costs to sell are included in the determination of the ACL when liquidation of the collateral is anticipated. In cases where the loan is well secured and the estimated value of the collateral exceeds the amortized cost of the loan, no ACL is recorded. The following table presents the collateral dependent loans by loan segments as of the date indicated: ($ in thousands) Hotel / Motel Warehouse Retail Single Family Residential Other Total March 31, 2024 Commercial real estate: Commercial property $ 932 $ — $ — $ — $ — $ 932 Business property — 2,569 848 — 38 3,455 Total commercial real estate 932 2,569 848 — 38 4,387 Commercial and industrial 13 — — 53 — 66 Consumer: Residential mortgage — — — 436 — 436 Total consumer — — — 436 — 436 Total $ 945 $ 2,569 $ 848 $ 489 $ 38 $ 4,889 December 31, 2023 Commercial real estate: Commercial property $ 958 $ — $ — $ — $ — $ 958 Business property — 2,137 689 — 39 2,865 Total commercial real estate 958 2,137 689 — 39 3,823 Commercial and industrial 13 — — 55 — 68 Total $ 971 $ 2,137 $ 689 $ 55 $ 39 $ 3,891 Past Due Loans The following table presents the aging of past due in accruing loans and nonaccrual loans by loan segments as of date indicated: Still Accruing Nonaccrual ($ in thousands) 30 to 59 Days Past Due 60 to 89 Days Past Due 90 or More Days Past Due Total 30 to 59 Days Past Due 60 to 89 Days Past Due 90 or More Days Past Due Total Total Loans Past Due March 31, 2024 Commercial real estate: Commercial property $ 491 $ 427 $ — $ 918 $ 932 $ — $ — $ 932 $ 1,850 Business property 414 — — 414 108 — 759 867 1,281 Total commercial real estate 905 427 — 1,332 1,040 — 759 1,799 3,131 Commercial and industrial 10 — — 10 66 45 — 111 121 Consumer: Residential mortgage 2,485 676 — 3,161 — — 436 436 3,597 Other consumer 12 — — 12 — — — — 12 Total consumer 2,497 676 — 3,173 — — 436 436 3,609 Total $ 3,412 $ 1,103 $ — $ 4,515 $ 1,106 $ 45 $ 1,195 $ 2,346 $ 6,861 December 31, 2023 Commercial real estate: Commercial property $ — $ — $ — $ — $ — $ 296 $ — $ 296 $ 296 Business property 560 — — 560 — 39 168 207 767 Total commercial real estate 560 — — 560 — 335 168 503 1,063 Commercial and industrial 217 — — 217 — — — — 217 Consumer: Residential mortgage 604 — — 604 — — — — 604 Other consumer 13 34 — 47 — 15 3 18 65 Total consumer 617 34 — 651 — 15 3 18 669 Total $ 1,394 $ 34 $ — $ 1,428 $ — $ 350 $ 171 $ 521 $ 1,949 Loan Modification Occasionally, the Company modifies loans to borrowers in financial distress by providing principal forgiveness, term extension, an other-than-insignificant payment delay, interest rate reduction or combination of at above mentioned modifications. When principal forgiveness is provided, the amount of forgiveness is charged-off against the ACL. The following table presents loans that the borrowers were both experiencing financial difficulty and modified during the periods indicated by loan segments and modification type: ($ in thousands) Interest Only Total Percentage to Each Loan Segment Three months ended March 31, 2024 Commercial and industrial $ 45 $ 45 0.1 % Total $ 45 $ 45 0.1 % Three months ended March 31, 2023 Commercial and industrial $ 11 $ 11 0.1 % Total $ 11 $ 11 0.1 % The Company had no commitments to lend to the borrower included in the above table as of March 31, 2024. The loan was nonaccrual status as of March 31, 2024 and had no payment default after the modification. Purchases, Sales, and Transfers The Company had no loans that were transferred from loans held-for-investment to loans held-for-sale during the three months ended March 31, 2024 or 2023. The Company had no loans that were transferred from loans held-for-sale to loans held-for investment during three months ended March 31, 2024 or 2023. The following table presents a summary of purchases of loans held-for-investment for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Consumer: Residential mortgage $ — $ 15,741 Total consumer — 15,741 Total $ — $ 15,741 Loans Held-For-Sale The following table presents a composition of loans held-for-sale as of the date indicated: ($ in thousands) March 31, 2024 December 31, 2023 Commercial real estate: Business property $ — $ 2,802 Total commercial real estate — 2,802 Commercial and industrial 3,256 2,353 Total $ 3,256 $ 5,155 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 ACL on loans.

Other Real Estate Owned

Other Real Estate Owned	3 Months Ended
	Mar. 31, 2024
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Other Real Estate Owned	Other Real Estate Owned The following table presents activity in OREO for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Balance at beginning of year $ 2,558 $ — Sales (2,558) — Balance at end of year $ — $ — During the year ended December 31, 2023, the Company recognized an OREO of $2.6 million by transferring a SBA 7(a) loan of $593 thousand, of which its guaranteed portion was previously sold. The Company’s exposure was 25% of the OREO and the SBA was entitled to 75% of the sale price upon the sale of property. The Company sold the property during the three months ended March 31, 2024. The following table presents activity in OREO valuation allowance for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Balance at beginning of year $ — $ — Additions — — Net direct write-downs and removal from sale — — Balance at end of year $ — $ — The following table presents expenses related to OREO for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Net (gain) loss on sales $ (13) $ — Operating expenses, net of rental income 2 — Total $ (11) $ — The Company did not provide loans to finance the sale of its OREO properties during the three months ended March 31, 2024.

Servicing Assets

Servicing Assets	3 Months Ended
	Mar. 31, 2024
Transfers and Servicing [Abstract]
Servicing Assets	Servicing Assets The Company sells SBA and certain residential mortgage loans with servicing retained. SBA loans are included in commercial real estate loans (“CRE SBA”) and commercial and industrial loans (“C&I SBA”). The Company sold loans of $19.4 million and $27.1 million, respectively, with the servicing rights retained and recognized a net gain on sale of $1.1 million and $1.3 million, respectively, during the three months ended March 31, 2024 and 2023. Loan servicing income was $919 thousand and $860 thousand for the three months ended March 31, 2024 and 2023, respectively. The following table presents the composition of servicing assets with key assumptions used to estimate the fair value as of the dates indicated: March 31, 2024 December 31, 2023 ($ in thousands) Residential Mortgage CRE SBA C&I SBA Total Residential Mortgage CRE SBA C&I SBA Total Carrying amount $ 47 $ 5,985 $ 512 $ 6,544 $ 49 $ 6,135 $ 482 $ 6,666 Fair value $ 111 $ 7,674 $ 772 $ 8,557 $ 104 $ 8,284 $ 728 $ 9,116 Discount rate 7.85 % 12.14 % 15.85 % 9.93 % 12.30 % 15.46 % Prepayment speed 12.14 % 19.08 % 14.05 % 12.75 % 16.71 % 13.97 % Weighted-average remaining life 19.5 years 20.9 years 7.3 years 19.8 years 21.0 years 7.1 years Underlying loans being serviced $ 10,364 $ 465,756 $ 63,919 $ 540,039 $ 10,666 $ 461,300 $ 60,265 $ 532,231 The following tables present activity in servicing assets for the periods indicated: Three Months Ended March 31, 2024 2023 ($ in thousands) Residential Mortgage CRE SBA C&I SBA Total Residential Mortgage CRE SBA C&I SBA Total Balance at beginning of period $ 49 $ 6,135 $ 482 $ 6,666 $ 64 $ 6,831 $ 452 $ 7,347 Additions — 177 75 252 — 376 45 421 Amortization (2) (327) (45) (374) (7) (365) (51) (423) Balance at end of period $ 47 $ 5,985 $ 512 $ 6,544 $ 57 $ 6,842 $ 446 $ 7,345

Operating Leases

Operating Leases	3 Months Ended
	Mar. 31, 2024
Leases [Abstract]
Operating Leases	Operating Leases The following table presents operating lease cost and supplemental cash flow information related to leases for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Operating lease cost (1) $ 943 $ 743 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 875 $ 810 Right of use assets obtained in exchange for lease obligations $ — $ 195 (1) Included in Occupancy and Equipment on the Consolidated Statements of Income (Unaudited). The Company used the incremental borrowing rate based on the information available at lease commencement in determining the present value of lease payments. The following table presents supplemental balance sheet information related to leases as of the dates indicated: ($ in thousands) March 31, 2024 December 31, 2023 Operating leases: Operating lease assets $ 18,255 $ 18,913 Operating lease liabilities $ 19,555 $ 20,137 Weighted-average remaining lease term 8.1 years 8.3 years Weighted-average discount rate 4.66 % 4.63 % The following table presents maturities of operating lease liabilities as of the date indicated: ($ in thousands) March 31, 2024 Maturities: 2024 $ 2,564 2025 3,301 2026 2,932 2027 2,543 2028 2,416 After 2028 10,695 Total lease payment 24,451 Imputed Interest (4,896) Present value of operating lease liabilities $ 19,555

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances and Other Borrowings	3 Months Ended
	Mar. 31, 2024
Advance from Federal Home Loan Bank [Abstract]
Federal Home Loan Bank Advances and Other Borrowings	Federal Home Loan Bank Advances and Other Borrowings FHLB Advances The Company had a term FHLB advance of $50.0 million with an interest rate of 5.59% and a maturity date of June 26, 2024 (term of 92 days) as of March 31, 2024. At December 31, 2023, the Company had a term FHLB advance of $39.0 million with an interest rate of 5.63% and a maturity date of February 21, 2024 (term of 92 days). The Bank repaid the advance upon maturity. At March 31, 2024 and December 31, 2023, loans pledged to secure borrowings from the FHLB were $0.97 billion and $1.04 billion, respectively. The Company’s investment in capital stock of the FHLB of San Francisco totaled $12.5 million and $12.5 million at March 31, 2024 and December 31, 2023, respectively. The Company had additional borrowing capacity of $642.7 million and $603.0 million from the FHLB as of March 31, 2024 and December 31, 2023, respectively. Other Borrowing Arrangements At March 31, 2024, the Company had $574.2 million of unused borrowing capacity from the Federal Reserve Discount Window, to which the Company pledged loans with a carrying value of $728.2 million with no outstanding borrowings. In addition, the Company may borrow up to approximately $65.0 million overnight federal funds lines with correspondent financial institutions at March 31, 2024.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity Series C, Senior Non-Cumulative Perpetual Preferred Stock On May 24, 2022, the Company issued 69,141 shares of Senior Non-Cumulative Perpetual Preferred Stock, Series C, liquidation preference of $1,000 per share (“Series C Preferred Stock”) for the capital investment of $69.1 million from the U.S. Treasury under the Emergency Capital Investment Program (“ECIP”). The ECIP investment qualifies as tier 1 capital for purposes of the bank regulatory capital requirements. The Series C Preferred Stock bears no dividend for the first 24 months following the investment date. Thereafter, the dividend rate will be adjusted based on the lending growth criteria listed in the terms of the ECIP investment with the annual dividend rate up to 2%. After the tenth anniversary of the investment date, the dividend rate will be fixed based on average annual amount of lending in years 2 through 10. Dividends will be payable quarterly in arrears on March 15, June 15, September 15, and December 15. The Series C Preferred Stock may be redeemed at the option of the Company on or after the fifth anniversary of issuance (or earlier in the event of loss of regulatory capital treatment), subject to the approval of the appropriate federal banking regulator and in accordance with the federal banking agencies’ regulatory capital regulations. The Company expects to pay the initial quarterly dividend at an annualized rate of 2% beginning in the second quarter of 2024. Stock Repurchases During the year ended December 31, 2023, the Company repurchased and retired 512,657 shares of common stock at a weighted-average price of $17.22 per share under a stock repurchase program approved by the Board of Directors on August 2, 2023 and a legacy stock repurchase program approved on July 28, 2022. The Company did not repurchase any shares of common stock during the three months ended March 31, 2024. As of March 31, 2024, the Company is authorized to purchase 592,724 additional shares under the 2023 stock repurchase program, which expires on August 2, 2024.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation On May 25, 2023, the Company adopted the 2023 Equity Based Compensation Plan (“2023 EBC Plan”) approved by its shareholders to replace the 2013 Equity Based Stock Compensation Plan. The 2023 EBC Plan provides 700,000 shares of common stock for equity based compensation awards including incentive and non-qualified stock options, and restricted stock awards. As of March 31, 2024, there were 489,000 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 March 31, ($ in thousands) 2024 2023 Share-based compensation expense related to: Stock options $ 72 $ 36 Restricted stock awards 64 84 Total share-based compensation expense $ 136 $ 120 Related tax benefits $ 34 $ 25 The following table presents unrecognized share-based compensation expense as of the date indicated: March 31, 2024 ($ in thousands) Unrecognized Expense Weighted-Average Remaining Expected Recognition Period Unrecognized share-based compensation expense related to: Stock options $ 712 2.6 years Restricted stock awards 397 2.5 years Total unrecognized share-based compensation expense $ 1,109 2.6 years Stock Options The following tables represent stock option activity for the periods indicated: Three Months Ended March 31, 2024 ($ 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 614,715 $ 13.90 5.7 years $ 2,788 Exercised (3,351) $ 10.33 1.6 years Outstanding at end of period 611,364 $ 13.91 5.5 years $ 1,477 Exercisable at end of period 356,364 $ 12.49 2.8 years $ 1,368 The following table represents information regarding unvested stock options for the periods indicated: Three Months Ended March 31, Number of Shares Weighted-Average Exercise Price Per Share Outstanding at beginning of period 271,000 $ 15.85 Vested (16,000) $ 14.96 Outstanding at end of period 255,000 $ 15.90 Restricted Stock Awards The following table represents restricted stock award activity for the periods indicated: Three Months Ended March 31, Number of Shares Weighted-Average Grant Date Fair Value Per Share Outstanding at beginning of period 41,661 $ 17.53 Vested (16,261) $ 13.93 Outstanding at end of period 25,400 $ 19.84

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense was $1.8 million and $4.2 million, respectively, and the effective tax rate was 27.9% and 28.8%, respectively, for the three months ended March 31, 2024 and 2023. At March 31, 2024 and December 31, 2023, the Company had no unrecognized tax benefits or related accrued interest. The Company and its subsidiaries are subject to U.S. federal and various state jurisdictions income tax examinations. As of March 31, 2024, the Company is no longer subject to examination by taxing authorities for tax years before 2020 for federal taxes and before 2019 for various state jurisdictions. The statute of limitations vary by state, and state taxes other than California have been minimal and immaterial to the Company’s financial results.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table presents the computations of basic and diluted EPS for the periods indicated: Three Months Ended March 31, ($ in thousands, except per share) 2024 2023 Basic earnings per share: Net income $ 4,685 $ 10,297 Less: income allocated to unvested restricted stock (9) (33) Net income allocated to common stock $ 4,676 $ 10,264 Weighted-average total common shares outstanding 14,262,235 14,465,833 Less: weighted-average unvested restricted stock (26,816) (46,678) Weighted-average common shares outstanding, basic 14,235,419 14,419,155 Basic earnings per share $ 0.33 $ 0.71 Diluted earnings per share: Net income allocated to common stock $ 4,676 $ 10,264 Weighted-average common shares outstanding, basic 14,235,419 14,419,155 Diluted effect of stock options 94,785 155,774 Weighted-average common shares outstanding, diluted 14,330,204 14,574,929 Diluted earnings per share $ 0.33 $ 0.70 There were 263,000 and 93,700 stock options excluded in computing diluted EPS because they were anti-dilutive for three months ended March 31, 2024 and 2023, respectively.

Off-Balance Sheet Credit Exposu

Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies	Off-Balance Sheet Credit Exposures, Commitments and Other 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. The Company had the following outstanding financial commitments whose contractual amount represents credit risk as of the dates indicated: March 31, 2024 December 31, 2023 ($ in thousands) Fixed Rate Variable Rate Fixed Rate Variable Rate Unused lines of credit $ 8,586 $ 375,447 $ 2,808 $ 347,652 Unfunded loan commitments 1,592 42,979 4,020 47,038 Standby letters of credit — 6,423 4,638 1,786 Commercial letters of credit — 135 — 160 Total $ 10,178 $ 424,984 $ 11,466 $ 396,636 Unfunded loan commitments are generally made for periods of 90 days or less, except for SBA loans that are generally made for periods of 180 days or less. The Company applies an expected credit loss estimation methodology applied to each respective loan segment for determining the ACL on off-balance sheet credit exposures. The loss estimation process includes assumptions for utilization at default. These assumptions are based on the Company’s own historical internal loan data. As a part of adoption of ASC 326, the Company recorded an initial adjustment to the ACL on off-balance sheet credit exposures of $1.6 million on January 1, 2023. As of March 31, 2024 and December 31, 2023, the Company maintained an ACL on off-balance sheet credit exposures of $1.4 million and $1.3 million in Accrued Interest Payable and Other Liabilities in the Consolidated Balance Sheets, respectively. 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. Network and Data Incident On August 30, 2021, the Bank identified unusual activity on its network. The Bank responded promptly to disable the activity, investigate its source and monitor the Bank’s network. The Bank subsequently became aware of claims that it had been the target of a ransomware attack. On September 7, 2021, the Bank determined that an external actor had illegally accessed and/or acquired certain data on its network. The Bank worked with third-party forensic investigators to understand the nature and scope of the incident and determine what information may have been accessed and/or acquired and who may have been impacted. The investigation revealed that this incident impacted certain files containing certain Bank customer information. Some of these files contained documents related to loan applications, such as tax returns, Form W-2 information of their employees, and payroll records. The Bank has notified all individuals identified as impacted, consistent with applicable laws. All impacted individuals were offered free Equifax Complete Premier credit monitoring and identify theft protection services. The Bank has notified law enforcement and appropriate authorities of the incident. On December 16, 2021, a complaint based on the incident was filed in the Los Angeles County Superior Court seeking damages, injunctive relief, and equitable relief. During the three months ended September 30, 2023, the Bank agreed to settle this matter in exchange for $700 thousand to the putative class members, including costs of settlement administration, and attorneys’ fees and costs. The Bank received preliminary court approval of the settlement and notice was provided to members of the proposed class during the three months ended September 30, 2023. The court has scheduled a final approval hearing for May 30, 2024. The Company expects that the full amount of the final settlement will be covered under the Company’s applicable insurance policies.

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2024
Regulated Operations [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 of 2.50% above the adequately capitalized risk-based capital ratios to avoid restrictions on dividends, stock repurchase, discretionary bonuses and other payments. Management believes as of March 31, 2024 and December 31, 2023, the Bank met all capital adequacy requirements to which it is subject. Under the Federal Reserve’s “Small Bank Holding Company” policy, the Company is not currently subject to separate minimum capital requirements under the Basel III rules. At such time as the Company reaches the $3 billion asset level, it will be subject to capital measurements under the Basel III rules independent of the Bank. For comparison purposes, the Company’s ratios are included in the following discussion as well, all of which would have exceeded the “well-capitalized” level had the Company been subject to separate capital minimums. The Company and the Bank’s capital conservation buffer was 7.38% and 7.58%, respectively, as of March 31, 2024, and 7.73% and 8.07%, respectively, as of December 31, 2023. Unrealized gain or loss on securities available-for-sale is not included in computing regulatory capital. The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated: Actual Minimum Capital Requirement To Be Well Capitalized Under Prompt Corrective Provisions ($ in thousands) Amount Ratio Amount Ratio Amount Ratio March 31, 2024 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 290,431 11.88 % $ 109,998 4.5 % N/A N/A Total capital (to risk-weighted assets) 389,349 15.93 % 195,552 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 359,572 14.71 % 146,664 6.0 % N/A N/A Tier 1 capital (to average assets) 359,572 12.73 % 112,954 4.0 % N/A N/A PCB Bank Common tier 1 capital (to risk-weighted assets) $ 351,242 14.37 % $ 109,997 4.5 % $ 158,885 6.5 % Total capital (to risk-weighted assets) 381,020 15.59 % 195,550 8.0 % 244,438 10.0 % Tier 1 capital (to risk-weighted assets) 351,242 14.37 % 146,663 6.0 % 195,550 8.0 % Tier 1 capital (to average assets) 351,242 12.44 % 112,953 4.0 % 141,191 5.0 % December 31, 2023 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 288,174 12.23 % $ 106,043 4.5 % N/A N/A Total capital (to risk-weighted assets) 386,125 16.39 % 188,521 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 357,315 15.16 % 141,391 6.0 % N/A N/A Tier 1 capital (to average assets) 357,315 13.43 % 106,423 4.0 % N/A N/A PCB Bank Common tier 1 capital (to risk-weighted assets) $ 350,038 14.85 % $ 106,081 4.5 % $ 153,228 6.5 % Total capital (to risk-weighted assets) 378,849 16.07 % 188,588 8.0 % 235,735 10.0 % Tier 1 capital (to risk-weighted assets) 350,038 14.85 % 141,441 6.0 % 188,588 8.0 % Tier 1 capital (to average assets) 350,038 13.16 % 106,421 4.0 % 133,026 5.0 % The California Financial Code provides that a bank generally 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 shareholders during the same period. This law limits the distributions the Bank is permitted to make to the Company. As a California corporation, the Company is subject to the limitations of the California Corporations Code, 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. Under the balance sheet test, 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 Financial Protection and Innovation (the “CDFPI”) periodically examine the Company, the Bank and their businesses, including for compliance with laws and regulations. If, as a result of an examination, a banking agency were to determine that the Company’s or the Bank’s financial condition, capital resources, asset quality, earnings prospects, management, liquidity or other aspects of any of their operations had become unsatisfactory, or that the Company or the Bank 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 the Company’s or the Bank’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 Bank’s deposit insurance and place the Bank into receivership or conservatorship.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The following table presents revenue from contracts with customers within the scope of ASC 606, Revenue from Contracts with Customers, for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Noninterest income in-scope of Topic 606 Service charges and fees on deposits: Monthly service fees $ 31 $ 26 Account analysis fees 234 225 Non-sufficient funds charges 89 72 Other deposit related fees 24 21 Total service charges and fees on deposits 378 344 Debit card fees 81 73 Gain (loss) on sale of other real estate owned 13 — Wire transfer fees 141 144 Other service charges 58 48 Total $ 671 $ 609

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Dividend Declared on Common Stock On April 25, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $0.18 per common share. The dividend will be paid on or about May 17, 2024, to shareholders of record as of the close of business on May 10, 2024.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net income	$ 4,685	$ 10,297

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
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, 2023 filed by the Company with the SEC. The December 31, 2023 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, 2023 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 three months ended March 31, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of PCB Bancorp and its wholly owned subsidiary as of March 31, 2024 and December 31, 2023, and for the three months ended March 31, 2024 and 2023. 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 three months ended March 31, 2024, there were no significant accounting pronouncements applicable to the Company that were adopted or became effective. Recent Accounting Pronouncements Not Yet Adopted The following recently issued accounting pronouncement applicable to the Company has not yet been adopted: In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 780) - Improvements to Income Tax Disclosures.” The amendments in this ASU requires public entities to disclose in their rate reconciliation table additional categories of information about federal, state and foreign income taxes and to provide more details about the reconciling items in some categories if items meet a quantitative threshold. This ASU also requires all entities to disclose income taxes paid, net of refunds, disaggregated by federal, state and foreign taxes for annual periods and to disaggregate the information by jurisdiction based on a quantitative threshold, among other things. This ASU is effective for the Company for fiscal years beginning after December 15, 2024 with early adoption permitted. The Company will update its income tax disclosure upon adoption.
Fair Value Measurements	Accounting Standards Codification (“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, loans individually evaluated, 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. Loans individually evaluated : Certain collateral-dependent loans individually evaluated are recognized at fair value when they reflect 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. 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 loans individually evaluated 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.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2024
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 Significant Unobservable Inputs Total March 31, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 100,183 $ — $ 100,183 Residential collateralized mortgage obligations — 23,428 — 23,428 SBA loan pool securities — 7,129 — 7,129 Municipal bonds — 3,280 — 3,280 Corporate bonds — 4,150 — 4,150 Total securities available-for-sale — 138,170 — 138,170 Total assets measured at fair value on a recurring basis $ — $ 138,170 $ — $ 138,170 Total liabilities measured at fair value on a recurring basis $ — $ — $ — $ — December 31, 2023 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 104,091 $ — $ 104,091 Residential collateralized mortgage obligations — 24,173 — 24,173 SBA loan pool securities — 7,450 — 7,450 Municipal bonds — 3,329 — 3,329 Corporate bonds — 4,280 — 4,280 Total securities available-for-sale — 143,323 — 143,323 Total assets measured at fair value on a recurring basis $ — $ 143,323 $ — $ 143,323 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 Significant Unobservable Inputs Total March 31, 2024 Loans individually evaluated: Business property $ — $ — $ 463 $ 463 Total loans individually evaluated — — 463 463 Total assets measured at fair value on a non-recurring basis $ — $ — $ 463 $ 463 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ — December 31, 2023 Loans individually evaluated: Business property $ — $ — $ 425 $ 425 Total loans individually evaluated — — 425 425 Total assets measured at fair value on a non-recurring basis $ — $ — $ 425 $ 425 Total liabilities measured at fair value on a non-recurring basis $ — $ — $ — $ — The following table presents gains or losses, including charge-offs, recoveries, and specific reserves recorded, for assets measured at fair value for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Loans individually evaluated: Business property $ 13 $ (29) Commercial and industrial — 1,074 Net gains recognized $ 13 $ 1,045
Quantitative Information About Level 3 Fair Value Measurements	The following table presents quantitative information about level 3 fair value measurements for assets measured at fair value on a non-recurring basis as of the date indicated: ($ in thousands) Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted-Average) March 31, 2024 Loans individually evaluated: Business property $ 463 Fair value of collateral NM NM December 31, 2023 Loans individually evaluated: Business property $ 425 Fair value of collateral NM NM
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 March 31, 2024 Financial assets: Interest-bearing deposits in other financial institutions $ 210,359 $ 210,359 $ 210,359 $ — $ — Securities available-for-sale 138,170 138,170 — 138,170 — Loans held-for-sale 3,256 3,498 — 3,498 — Net loans held-for-investment 2,369,632 2,285,874 — — 2,285,874 Federal Home Loan Bank (“FHLB”) and other restricted stock 12,716 N/A N/A N/A N/A Accrued interest receivable 10,394 10,394 348 452 9,594 Financial liabilities: Deposits $ 2,402,840 $ 2,406,788 $ — $ — $ 2,406,788 FHLB advances 50,000 50,030 — 50,030 — Accrued interest payable 16,742 16,742 — 46 16,696 December 31, 2023 Financial assets: Interest-bearing deposits in other financial institutions $ 215,824 $ 215,824 $ 215,824 $ — $ — Securities available-for-sale 143,323 143,323 — 143,323 — Loans held-for-sale 5,155 5,472 — 5,472 — Net loans held-for-investment 2,295,919 2,225,573 — — 2,225,573 FHLB and other restricted stock 12,716 N/A N/A N/A N/A Accrued interest receivable 9,468 9,468 128 513 8,827 Financial liabilities: Deposits $ 2,351,612 $ 2,353,465 $ — $ — $ 2,353,465 FHLB advances 39,000 39,013 — 39,013 — Accrued interest payable 18,052 18,052 — 192 17,860

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Fair Value of Securities Available-For-Sale	The following table presents the amortized cost and fair value of the securities available-for-sale as of the dates indicated: ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value March 31, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 111,860 $ 87 $ (11,764) $ 100,183 Residential collateralized mortgage obligations 25,002 54 (1,628) 23,428 SBA loan pool securities 7,480 3 (354) 7,129 Municipal bonds 3,307 3 (30) 3,280 Corporate bonds 5,000 — (850) 4,150 Total securities available-for-sale $ 152,649 $ 147 $ (14,626) $ 138,170 December 31, 2023 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 114,485 $ 199 $ (10,593) $ 104,091 Residential collateralized mortgage obligations 25,611 63 (1,501) 24,173 SBA loan pool securities 7,773 3 (326) 7,450 Municipal bonds 3,306 25 (2) 3,329 Corporate bonds 5,000 — (720) 4,280 Total securities available-for-sale $ 156,175 $ 290 $ (13,142) $ 143,323
Investments Classified by Contractual Maturity Date	The following table presents the amortized cost and fair value of the securities available-for-sale by contractual maturity as of the date indicated. 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. March 31, 2024 ($ in thousands) Amortized Cost Fair Value Within one year $ 862 $ 861 One to five years 82 80 Five to ten years 5,725 4,871 Greater than ten years 1,638 1,618 Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities 144,342 130,740 Total $ 152,649 $ 138,170
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value	The following table summarizes the investment securities with unrealized losses by security type and length of time in a continuous unrealized loss position for which an allowance for credit losses (“ACL”) was not recorded 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 March 31, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 6,936 $ (88) 10 $ 82,428 $ (11,676) 112 $ 89,364 $ (11,764) 122 Residential collateralized mortgage obligations 5,663 (41) 4 13,283 (1,587) 35 18,946 (1,628) 39 SBA loan pool securities — — — 6,349 (354) 14 6,349 (354) 14 Municipal bonds 1,505 (27) 4 440 (3) 2 1,945 (30) 6 Corporate bonds — — — 4,150 (850) 1 4,150 (850) 1 Total securities available-for-sale $ 14,104 $ (156) 18 $ 106,650 $ (14,470) 164 $ 120,754 $ (14,626) 182 December 31, 2023 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 9,252 $ (41) 8 $ 78,958 $ (10,552) 110 $ 88,210 $ (10,593) 118 Residential collateralized mortgage obligations 5,660 (62) 4 13,919 (1,439) 35 19,579 (1,501) 39 SBA loan pool securities — — — 6,627 (326) 14 6,627 (326) 14 Municipal bonds 81 — 1 362 (2) 1 443 (2) 2 Corporate bonds — — — 4,280 (720) 1 4,280 (720) 1 Total securities available-for-sale $ 14,993 $ (103) 13 $ 104,146 $ (13,040) 161 $ 119,139 $ (13,142) 174

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses on Loans (Tables)	3 Months Ended
	Mar. 31, 2024
Receivables [Abstract]
Loans Held-for-Investment	The following table presents the composition of the Company’s loans held-for-investment as of the dates indicated. ($ in thousands) March 31, 2024 December 31, 2023 Commercial real estate: Commercial property $ 874,300 $ 855,270 Business property 578,903 558,772 Multifamily 131,742 132,500 Construction 29,212 24,843 Total commercial real estate 1,614,157 1,571,385 Commercial and industrial 371,934 342,002 Consumer: Residential mortgage 389,888 389,420 Other consumer 21,985 20,645 Total consumer 411,873 410,065 Loans held-for-investment 2,397,964 2,323,452 Allowance for credit losses on loans (28,332) (27,533) Net loans held-for-investment $ 2,369,632 $ 2,295,919
Summary of Reclassification of ACL on Loans and Initial Adjustment to ACL	The following table presents a composition of provision (reversal) for credit losses for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Provision (reversal) for credit losses on loans $ 922 $ (2,417) Provision (reversal) for credit losses on off-balance sheet credit exposures 168 (361) Total provision (reversal) for credit losses $ 1,090 $ (2,778) The following table presents the activities in ACL on loans for the periods indicated: ($ in thousands) Commercial Property Business Property Multifamily Construction Commercial and Industrial Residential Mortgage Other Consumer Total Balance at January 1, 2024 $ 12,665 $ 4,739 $ 1,441 $ 135 $ 6,245 $ 2,226 $ 82 $ 27,533 Charge-offs — — — — (155) — (30) (185) Recoveries — 2 — — 9 — 51 62 Provision (reversal) for credit losses on loans (546) 73 (126) (26) 1,489 108 (50) 922 Balance at March 31, 2024 $ 12,119 $ 4,814 $ 1,315 $ 109 $ 7,588 $ 2,334 $ 53 $ 28,332 Balance at January 1, 2023 $ 8,502 $ 5,749 $ 1,134 $ 151 $ 5,502 $ 3,691 $ 213 $ 24,942 Impact of ASC 326 adoption (1,762) 896 256 — 4,344 (2,534) (133) 1,067 Charge-offs — — — — — — — — Recoveries — 5 — — 1,085 — 12 1,102 Provision (reversal) for credit losses on loans 1,736 (581) (9) 5 (3,617) 57 (8) (2,417) Balance at March 31, 2023 $ 8,476 $ 6,069 $ 1,381 $ 156 $ 7,314 $ 1,214 $ 84 $ 24,694
Summary of Credit Quality Indicators	The following table summarizes the Company’s loans held-for-investment by loan segment, internal risk ratings and vintage year as of March 31, 2024 and gross write offs for the three months ended March 31, 2024. The vintage year is the year of origination, renewal or major modification. Revolving loans that are converted to term loans presented in the table below are excluded from the Term Loans by Origination Year columns. Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2024 2023 2022 2021 2020 Prior Total March 31, 2024 Commercial Real Estate: Commercial property Pass $ 43,270 $ 153,834 $ 265,870 $ 155,402 $ 79,651 $ 158,912 $ 14,358 $ — $ 871,297 Special mention — — — 481 — 240 — — 721 Substandard — — — — — 2,282 — — 2,282 Doubtful — — — — — — — — — Total $ 43,270 $ 153,834 $ 265,870 $ 155,883 $ 79,651 $ 161,434 $ 14,358 $ — $ 874,300 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Business property Pass $ 29,660 $ 102,866 $ 102,981 $ 159,474 $ 48,997 $ 125,262 $ 1,239 $ 4,298 $ 574,777 Special mention — — — — — — — — — Substandard — — 622 194 499 2,811 — — 4,126 Doubtful — — — — — — — — — Total $ 29,660 $ 102,866 $ 103,603 $ 159,668 $ 49,496 $ 128,073 $ 1,239 $ 4,298 $ 578,903 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Multifamily Pass $ — $ 14,173 $ 40,433 $ 42,565 $ 26,294 $ 8,277 $ — $ — $ 131,742 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ — $ 14,173 $ 40,433 $ 42,565 $ 26,294 $ 8,277 $ — $ — $ 131,742 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass $ — $ 7,348 $ 10,187 $ — $ 7,500 $ 4,177 $ — $ — $ 29,212 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ — $ 7,348 $ 10,187 $ — $ 7,500 $ 4,177 $ — $ — $ 29,212 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2024 2023 2022 2021 2020 Prior Total March 31, 2024 (Continued) Commercial and Industrial Pass $ 10,924 $ 76,833 $ 27,387 $ 11,165 $ 3,911 $ 13,931 $ 222,924 $ 3,558 $ 370,633 Special mention — — — — 380 — — — 380 Substandard — — — — — 921 — — 921 Doubtful — — — — — — — — — Total $ 10,924 $ 76,833 $ 27,387 $ 11,165 $ 4,291 $ 14,852 $ 222,924 $ 3,558 $ 371,934 Current period gross write offs $ — $ — $ — $ 150 $ — $ 5 $ — $ — $ 155 Consumer Residential mortgage Pass $ 7,359 $ 78,711 $ 160,422 $ 77,750 $ 11,146 $ 54,064 $ — $ — $ 389,452 Special mention — — — — — — — — — Substandard — — — — — 436 — — 436 Doubtful — — — — — — — — — Total $ 7,359 $ 78,711 $ 160,422 $ 77,750 $ 11,146 $ 54,500 $ — $ — $ 389,888 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Other consumer Pass $ 30 $ 4,195 $ 6,765 $ 2,760 $ 1,022 $ 288 $ 6,919 $ — $ 21,979 Special mention — — — — — — — — — Substandard — — — — 6 — — — 6 Doubtful — — — — — — — — — Total $ 30 $ 4,195 $ 6,765 $ 2,760 $ 1,028 $ 288 $ 6,919 $ — $ 21,985 Current period gross write offs $ — $ 12 $ 15 $ — $ 3 $ — $ — $ — $ 30 Total loans held-for-investment Pass $ 91,243 $ 437,960 $ 614,045 $ 449,116 $ 178,521 $ 364,911 $ 245,440 $ 7,856 $ 2,389,092 Special mention — — — 481 380 240 — — 1,101 Substandard — — 622 194 505 6,450 — — 7,771 Doubtful — — — — — — — — — Total $ 91,243 $ 437,960 $ 614,667 $ 449,791 $ 179,406 $ 371,601 $ 245,440 $ 7,856 $ 2,397,964 Current period gross write offs $ — $ 12 $ 15 $ 150 $ 3 $ 5 $ — $ — $ 185 The following table summarize the Company’s loans held-for-investment by loan segment, internal risk ratings and vintage year as of December 31, 2023. The vintage year is the year of origination, renewal or major modification. Revolving loans that are converted to term loans presented in the table below are excluded from term loans by vintage year columns. Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2023 2022 2021 2020 2019 Prior Total December 31, 2023 Commercial Real Estate: Commercial property Pass $ 154,563 $ 268,369 $ 155,817 $ 83,461 $ 70,425 $ 107,879 $ 8,807 $ — $ 849,321 Special mention — — 484 — — 2,952 — — 3,436 Substandard — — — — 311 2,202 — — 2,513 Doubtful — — — — — — — — — Total $ 154,563 $ 268,369 $ 156,301 $ 83,461 $ 70,736 $ 113,033 $ 8,807 $ — $ 855,270 Business property Pass $ 103,364 $ 103,549 $ 163,136 $ 50,362 $ 69,852 $ 59,765 $ 882 $ 4,327 $ 555,237 Special mention — — — — — — — — — Substandard — 452 193 — 2,254 636 — — 3,535 Doubtful — — — — — — — — — Total $ 103,364 $ 104,001 $ 163,329 $ 50,362 $ 72,106 $ 60,401 $ 882 $ 4,327 $ 558,772 Multifamily Pass $ 14,219 $ 40,618 $ 42,848 $ 26,472 $ 2,419 $ 5,924 $ — $ — $ 132,500 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 14,219 $ 40,618 $ 42,848 $ 26,472 $ 2,419 $ 5,924 $ — $ — $ 132,500 Construction Pass $ 4,617 $ 9,120 $ — $ 7,500 $ 3,606 $ — $ — $ — $ 24,843 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 4,617 $ 9,120 $ — $ 7,500 $ 3,606 $ — $ — $ — $ 24,843 Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term ($ in thousands) 2023 2022 2021 2020 2019 Prior Total December 31, 2023 (Continued) Commercial and Industrial Pass $ 77,957 $ 28,638 $ 11,950 $ 4,354 $ 6,323 $ 8,327 $ 198,010 $ 3,796 $ 339,355 Special mention — — — 379 314 27 1,000 — 1,720 Substandard — — — — 142 785 — — 927 Doubtful — — — — — — — — — Total $ 77,957 $ 28,638 $ 11,950 $ 4,733 $ 6,779 $ 9,139 $ 199,010 $ 3,796 $ 342,002 Consumer Residential mortgage Pass $ 79,581 $ 163,734 $ 78,499 $ 11,363 $ 10,865 $ 45,378 $ — $ — $ 389,420 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 79,581 $ 163,734 $ 78,499 $ 11,363 $ 10,865 $ 45,378 $ — $ — $ 389,420 Other consumer Pass $ 4,837 $ 7,527 $ 3,275 $ 1,326 $ 458 $ 7 $ 3,190 $ — $ 20,620 Special mention — — — — — — — — — Substandard — 15 — 10 — — — — 25 Doubtful — — — — — — — — — Total $ 4,837 $ 7,542 $ 3,275 $ 1,336 $ 458 $ 7 $ 3,190 $ — $ 20,645 Total loans held-for-investment Pass $ 439,138 $ 621,555 $ 455,525 $ 184,838 $ 163,948 $ 227,280 $ 210,889 $ 8,123 $ 2,311,296 Special mention — — 484 379 314 2,979 1,000 — 5,156 Substandard — 467 193 10 2,707 3,623 — — 7,000 Doubtful — — — — — — — — — Total $ 439,138 $ 622,022 $ 456,202 $ 185,227 $ 166,969 $ 233,882 $ 211,889 $ 8,123 $ 2,323,452
Nonaccrual Loans	The following table presents the loans on nonaccrual status by loan segments as of the date indicated: ($ in thousands) Total Nonaccrual Loans Nonaccrual Loans with ACL ACL on Nonaccrual Loans Collateral Dependent Nonaccrual Loans ACL on Collateral Dependent Nonaccrual Loans March 31, 2024 Commercial real estate: Commercial property $ 932 $ — $ — $ 932 $ — Business property 3,455 740 277 3,455 277 Total commercial real estate 4,387 740 277 4,387 277 Commercial and industrial 111 45 26 66 — Consumer: Residential mortgage 436 — — 436 — Other consumer 6 6 — — — Total consumer 442 6 — 436 — Total $ 4,940 $ 791 $ 303 $ 4,889 $ 277 December 31, 2023 Commercial real estate: Commercial property $ 958 $ — $ — $ 958 $ — Business property 2,865 689 264 2,865 264 Total commercial real estate 3,823 689 264 3,823 264 Commercial and industrial 68 — — 68 — Consumer: Other consumer 25 25 — — — Total consumer 25 25 — — — Total $ 3,916 $ 714 $ 264 $ 3,891 $ 264
Collateral Dependent Loans	The following table presents the collateral dependent loans by loan segments as of the date indicated: ($ in thousands) Hotel / Motel Warehouse Retail Single Family Residential Other Total March 31, 2024 Commercial real estate: Commercial property $ 932 $ — $ — $ — $ — $ 932 Business property — 2,569 848 — 38 3,455 Total commercial real estate 932 2,569 848 — 38 4,387 Commercial and industrial 13 — — 53 — 66 Consumer: Residential mortgage — — — 436 — 436 Total consumer — — — 436 — 436 Total $ 945 $ 2,569 $ 848 $ 489 $ 38 $ 4,889 December 31, 2023 Commercial real estate: Commercial property $ 958 $ — $ — $ — $ — $ 958 Business property — 2,137 689 — 39 2,865 Total commercial real estate 958 2,137 689 — 39 3,823 Commercial and industrial 13 — — 55 — 68 Total $ 971 $ 2,137 $ 689 $ 55 $ 39 $ 3,891
Past Due Loans	The following table presents the aging of past due in accruing loans and nonaccrual loans by loan segments as of date indicated: Still Accruing Nonaccrual ($ in thousands) 30 to 59 Days Past Due 60 to 89 Days Past Due 90 or More Days Past Due Total 30 to 59 Days Past Due 60 to 89 Days Past Due 90 or More Days Past Due Total Total Loans Past Due March 31, 2024 Commercial real estate: Commercial property $ 491 $ 427 $ — $ 918 $ 932 $ — $ — $ 932 $ 1,850 Business property 414 — — 414 108 — 759 867 1,281 Total commercial real estate 905 427 — 1,332 1,040 — 759 1,799 3,131 Commercial and industrial 10 — — 10 66 45 — 111 121 Consumer: Residential mortgage 2,485 676 — 3,161 — — 436 436 3,597 Other consumer 12 — — 12 — — — — 12 Total consumer 2,497 676 — 3,173 — — 436 436 3,609 Total $ 3,412 $ 1,103 $ — $ 4,515 $ 1,106 $ 45 $ 1,195 $ 2,346 $ 6,861 December 31, 2023 Commercial real estate: Commercial property $ — $ — $ — $ — $ — $ 296 $ — $ 296 $ 296 Business property 560 — — 560 — 39 168 207 767 Total commercial real estate 560 — — 560 — 335 168 503 1,063 Commercial and industrial 217 — — 217 — — — — 217 Consumer: Residential mortgage 604 — — 604 — — — — 604 Other consumer 13 34 — 47 — 15 3 18 65 Total consumer 617 34 — 651 — 15 3 18 669 Total $ 1,394 $ 34 $ — $ 1,428 $ — $ 350 $ 171 $ 521 $ 1,949
Loan Modifications	The following table presents loans that the borrowers were both experiencing financial difficulty and modified during the periods indicated by loan segments and modification type: ($ in thousands) Interest Only Total Percentage to Each Loan Segment Three months ended March 31, 2024 Commercial and industrial $ 45 $ 45 0.1 % Total $ 45 $ 45 0.1 % Three months ended March 31, 2023 Commercial and industrial $ 11 $ 11 0.1 % Total $ 11 $ 11 0.1 %
Purchases of Loans Held-for-Investment	The following table presents a summary of purchases of loans held-for-investment for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Consumer: Residential mortgage $ — $ 15,741 Total consumer — 15,741 Total $ — $ 15,741
Loans Held-for-Sale	The following table presents a composition of loans held-for-sale as of the date indicated: ($ in thousands) March 31, 2024 December 31, 2023 Commercial real estate: Business property $ — $ 2,802 Total commercial real estate — 2,802 Commercial and industrial 3,256 2,353 Total $ 3,256 $ 5,155

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	3 Months Ended
	Mar. 31, 2024
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Other Real Estate Owned, Activity	The following table presents activity in OREO for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Balance at beginning of year $ 2,558 $ — Sales (2,558) — Balance at end of year $ — $ —
Other Real Estate Owned, Valuation Allowance	The following table presents activity in OREO valuation allowance for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Balance at beginning of year $ — $ — Additions — — Net direct write-downs and removal from sale — — Balance at end of year $ — $ —
Other Real Estate Owned, Expenses	The following table presents expenses related to OREO for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Net (gain) loss on sales $ (13) $ — Operating expenses, net of rental income 2 — Total $ (11) $ —

Servicing Assets (Tables)

Servicing Assets (Tables)	3 Months Ended
	Mar. 31, 2024
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 as of the dates indicated: March 31, 2024 December 31, 2023 ($ in thousands) Residential Mortgage CRE SBA C&I SBA Total Residential Mortgage CRE SBA C&I SBA Total Carrying amount $ 47 $ 5,985 $ 512 $ 6,544 $ 49 $ 6,135 $ 482 $ 6,666 Fair value $ 111 $ 7,674 $ 772 $ 8,557 $ 104 $ 8,284 $ 728 $ 9,116 Discount rate 7.85 % 12.14 % 15.85 % 9.93 % 12.30 % 15.46 % Prepayment speed 12.14 % 19.08 % 14.05 % 12.75 % 16.71 % 13.97 % Weighted-average remaining life 19.5 years 20.9 years 7.3 years 19.8 years 21.0 years 7.1 years Underlying loans being serviced $ 10,364 $ 465,756 $ 63,919 $ 540,039 $ 10,666 $ 461,300 $ 60,265 $ 532,231
Schedule of Servicing Asset	The following tables present activity in servicing assets for the periods indicated: Three Months Ended March 31, 2024 2023 ($ in thousands) Residential Mortgage CRE SBA C&I SBA Total Residential Mortgage CRE SBA C&I SBA Total Balance at beginning of period $ 49 $ 6,135 $ 482 $ 6,666 $ 64 $ 6,831 $ 452 $ 7,347 Additions — 177 75 252 — 376 45 421 Amortization (2) (327) (45) (374) (7) (365) (51) (423) Balance at end of period $ 47 $ 5,985 $ 512 $ 6,544 $ 57 $ 6,842 $ 446 $ 7,345

Operating Leases (Tables)

Operating Leases (Tables)	3 Months Ended
	Mar. 31, 2024
Leases [Abstract]
Operating Lease Cost and Supplemental Information	The following table presents operating lease cost and supplemental cash flow information related to leases for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Operating lease cost (1) $ 943 $ 743 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 875 $ 810 Right of use assets obtained in exchange for lease obligations $ — $ 195 (1) Included in Occupancy and Equipment on the Consolidated Statements of Income (Unaudited). ($ in thousands) March 31, 2024 December 31, 2023 Operating leases: Operating lease assets $ 18,255 $ 18,913 Operating lease liabilities $ 19,555 $ 20,137 Weighted-average remaining lease term 8.1 years 8.3 years Weighted-average discount rate 4.66 % 4.63 %
Maturities of Operating Lease Liabilities	The following table presents maturities of operating lease liabilities as of the date indicated: ($ in thousands) March 31, 2024 Maturities: 2024 $ 2,564 2025 3,301 2026 2,932 2027 2,543 2028 2,416 After 2028 10,695 Total lease payment 24,451 Imputed Interest (4,896) Present value of operating lease liabilities $ 19,555

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]
Summary of Share-Based Compensation Expense	The following table presents share-based compensation expense and the related tax benefits for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Share-based compensation expense related to: Stock options $ 72 $ 36 Restricted stock awards 64 84 Total share-based compensation expense $ 136 $ 120 Related tax benefits $ 34 $ 25 The following table presents unrecognized share-based compensation expense as of the date indicated: March 31, 2024 ($ in thousands) Unrecognized Expense Weighted-Average Remaining Expected Recognition Period Unrecognized share-based compensation expense related to: Stock options $ 712 2.6 years Restricted stock awards 397 2.5 years Total unrecognized share-based compensation expense $ 1,109 2.6 years
Summary of Stock Options	The following tables represent stock option activity for the periods indicated: Three Months Ended March 31, 2024 ($ 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 614,715 $ 13.90 5.7 years $ 2,788 Exercised (3,351) $ 10.33 1.6 years Outstanding at end of period 611,364 $ 13.91 5.5 years $ 1,477 Exercisable at end of period 356,364 $ 12.49 2.8 years $ 1,368 The following table represents information regarding unvested stock options for the periods indicated: Three Months Ended March 31, Number of Shares Weighted-Average Exercise Price Per Share Outstanding at beginning of period 271,000 $ 15.85 Vested (16,000) $ 14.96 Outstanding at end of period 255,000 $ 15.90
Summary of Restricted Stock Awards	The following table represents restricted stock award activity for the periods indicated: Three Months Ended March 31, Number of Shares Weighted-Average Grant Date Fair Value Per Share Outstanding at beginning of period 41,661 $ 17.53 Vested (16,261) $ 13.93 Outstanding at end of period 25,400 $ 19.84

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, ($ in thousands, except per share) 2024 2023 Basic earnings per share: Net income $ 4,685 $ 10,297 Less: income allocated to unvested restricted stock (9) (33) Net income allocated to common stock $ 4,676 $ 10,264 Weighted-average total common shares outstanding 14,262,235 14,465,833 Less: weighted-average unvested restricted stock (26,816) (46,678) Weighted-average common shares outstanding, basic 14,235,419 14,419,155 Basic earnings per share $ 0.33 $ 0.71 Diluted earnings per share: Net income allocated to common stock $ 4,676 $ 10,264 Weighted-average common shares outstanding, basic 14,235,419 14,419,155 Diluted effect of stock options 94,785 155,774 Weighted-average common shares outstanding, diluted 14,330,204 14,574,929 Diluted earnings per share $ 0.33 $ 0.70

Off-Balance Sheet Credit Expo_2

Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies (Tables)	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Outstanding Financial Commitments	The Company had the following outstanding financial commitments whose contractual amount represents credit risk as of the dates indicated: March 31, 2024 December 31, 2023 ($ in thousands) Fixed Rate Variable Rate Fixed Rate Variable Rate Unused lines of credit $ 8,586 $ 375,447 $ 2,808 $ 347,652 Unfunded loan commitments 1,592 42,979 4,020 47,038 Standby letters of credit — 6,423 4,638 1,786 Commercial letters of credit — 135 — 160 Total $ 10,178 $ 424,984 $ 11,466 $ 396,636

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2024
Regulated Operations [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 March 31, 2024 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 290,431 11.88 % $ 109,998 4.5 % N/A N/A Total capital (to risk-weighted assets) 389,349 15.93 % 195,552 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 359,572 14.71 % 146,664 6.0 % N/A N/A Tier 1 capital (to average assets) 359,572 12.73 % 112,954 4.0 % N/A N/A PCB Bank Common tier 1 capital (to risk-weighted assets) $ 351,242 14.37 % $ 109,997 4.5 % $ 158,885 6.5 % Total capital (to risk-weighted assets) 381,020 15.59 % 195,550 8.0 % 244,438 10.0 % Tier 1 capital (to risk-weighted assets) 351,242 14.37 % 146,663 6.0 % 195,550 8.0 % Tier 1 capital (to average assets) 351,242 12.44 % 112,953 4.0 % 141,191 5.0 % December 31, 2023 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 288,174 12.23 % $ 106,043 4.5 % N/A N/A Total capital (to risk-weighted assets) 386,125 16.39 % 188,521 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 357,315 15.16 % 141,391 6.0 % N/A N/A Tier 1 capital (to average assets) 357,315 13.43 % 106,423 4.0 % N/A N/A PCB Bank Common tier 1 capital (to risk-weighted assets) $ 350,038 14.85 % $ 106,081 4.5 % $ 153,228 6.5 % Total capital (to risk-weighted assets) 378,849 16.07 % 188,588 8.0 % 235,735 10.0 % Tier 1 capital (to risk-weighted assets) 350,038 14.85 % 141,441 6.0 % 188,588 8.0 % Tier 1 capital (to average assets) 350,038 13.16 % 106,421 4.0 % 133,026 5.0 %

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2024
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, Revenue from Contracts with Customers, for the periods indicated: Three Months Ended March 31, ($ in thousands) 2024 2023 Noninterest income in-scope of Topic 606 Service charges and fees on deposits: Monthly service fees $ 31 $ 26 Account analysis fees 234 225 Non-sufficient funds charges 89 72 Other deposit related fees 24 21 Total service charges and fees on deposits 378 344 Debit card fees 81 73 Gain (loss) on sale of other real estate owned 13 — Wire transfer fees 141 144 Other service charges 58 48 Total $ 671 $ 609

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2024 branch office segment
Product Information [Line Items]
Number of operating segments | segment	1
Number of loan production offices | office	7
California
Product Information [Line Items]
Number of full-service branches	11
New Jersey and New York
Product Information [Line Items]
Number of full-service branches	3
Texas
Product Information [Line Items]
Number of full-service branches	2

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities available-for-sale:
Securities available-for-sale	$ 138,170	$ 143,323
Residential mortgage-backed securities
Securities available-for-sale:
Securities available-for-sale	100,183	104,091
Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	23,428	24,173
SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	7,129	7,450
Municipal bonds
Securities available-for-sale:
Securities available-for-sale	3,280	3,329
Corporate bonds
Securities available-for-sale:
Securities available-for-sale	4,150	4,280
Recurring
Securities available-for-sale:
Securities available-for-sale	138,170	143,323
Total assets measured at fair value	138,170	143,323
Total liabilities measured at fair value on a recurring basis	0	0
Recurring | Residential mortgage-backed securities
Securities available-for-sale:
Securities available-for-sale	100,183	104,091
Recurring | Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	23,428	24,173
Recurring | SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	7,129	7,450
Recurring | Municipal bonds
Securities available-for-sale:
Securities available-for-sale	3,280	3,329
Recurring | Corporate bonds
Securities available-for-sale:
Securities available-for-sale	4,150	4,280
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Securities available-for-sale:
Securities available-for-sale	0	0
Total assets measured at fair value	0	0
Total liabilities measured at fair value on a recurring basis	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring | Residential mortgage-backed securities
Securities available-for-sale:
Securities available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring | Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring | SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring | Municipal bonds
Securities available-for-sale:
Securities available-for-sale	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring | Corporate bonds
Securities available-for-sale:
Securities available-for-sale	0	0
Significant Other Observable Inputs (Level 2) | Recurring
Securities available-for-sale:
Securities available-for-sale	138,170	143,323
Total assets measured at fair value	138,170	143,323
Total liabilities measured at fair value on a recurring basis	0	0
Significant Other Observable Inputs (Level 2) | Recurring | Residential mortgage-backed securities
Securities available-for-sale:
Securities available-for-sale	100,183	104,091
Significant Other Observable Inputs (Level 2) | Recurring | Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	23,428	24,173
Significant Other Observable Inputs (Level 2) | Recurring | SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	7,129	7,450
Significant Other Observable Inputs (Level 2) | Recurring | Municipal bonds
Securities available-for-sale:
Securities available-for-sale	3,280	3,329
Significant Other Observable Inputs (Level 2) | Recurring | Corporate bonds
Securities available-for-sale:
Securities available-for-sale	4,150	4,280
Significant Unobservable Inputs (Level 3) | Recurring
Securities available-for-sale:
Securities available-for-sale	0	0
Total assets measured at fair value	0	0
Total liabilities measured at fair value on a recurring basis	0	0
Significant Unobservable Inputs (Level 3) | Recurring | Residential mortgage-backed securities
Securities available-for-sale:
Securities available-for-sale	0	0
Significant Unobservable Inputs (Level 3) | Recurring | Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	0	0
Significant Unobservable Inputs (Level 3) | Recurring | SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	0	0
Significant Unobservable Inputs (Level 3) | Recurring | Municipal bonds
Securities available-for-sale:
Securities available-for-sale	0	0
Significant Unobservable Inputs (Level 3) | Recurring | Corporate bonds
Securities available-for-sale:
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	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	$ 463	$ 425
Total assets measured at fair value	463	425
Total liabilities measured at fair value on a non-recurring basis	0	0
Business property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	463	425
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	0	0
Total assets measured at fair value	0	0
Total liabilities measured at fair value on a non-recurring basis	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Business property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	0	0
Total assets measured at fair value	0	0
Total liabilities measured at fair value on a non-recurring basis	0	0
Significant Other Observable Inputs (Level 2) | Business property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	463	425
Total assets measured at fair value	463	425
Total liabilities measured at fair value on a non-recurring basis	0	0
Significant Unobservable Inputs (Level 3) | Business property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	$ 463	$ 425

Fair Value Measurements - Level

Fair Value Measurements - Level 3 Measurement Inputs (Details) - Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	$ 463	$ 425
Business property
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	463	425
Significant Unobservable Inputs (Level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	463	425
Significant Unobservable Inputs (Level 3) | Business property
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	$ 463	$ 425

Fair Value Measurements - Net G

Fair Value Measurements - Net Gains (Losses) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains recognized	$ 13	$ 1,045
Business property
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains recognized	13	(29)
Commercial and industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains recognized	$ 0	$ 1,074

Fair Value Measurements - Fair

Fair Value Measurements - Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financial assets:
Securities available-for-sale	$ 138,170	$ 143,323
Carrying Value
Financial assets:
Interest-bearing deposits in other financial institutions	210,359	215,824
Securities available-for-sale	138,170	143,323
Loans held-for-sale	3,256	5,155
Net loans held-for-investment	2,369,632	2,295,919
Federal Home Loan Bank (“FHLB”) and other restricted stock	12,716	12,716
Accrued interest receivable	10,394	9,468
Financial liabilities:
Deposits	2,402,840	2,351,612
FHLB advances	50,000	39,000
Accrued interest payable	16,742	18,052
Fair Value
Financial assets:
Interest-bearing deposits in other financial institutions	210,359	215,824
Securities available-for-sale	138,170	143,323
Loans held-for-sale	3,498	5,472
Net loans held-for-investment	2,285,874	2,225,573
Accrued interest receivable	10,394	9,468
Financial liabilities:
Deposits	2,406,788	2,353,465
FHLB advances	50,030	39,013
Accrued interest payable	16,742	18,052
Fair Value | Level 1
Financial assets:
Interest-bearing deposits in other financial institutions	210,359	215,824
Securities available-for-sale	0	0
Loans held-for-sale	0	0
Net loans held-for-investment	0	0
Accrued interest receivable	348	128
Financial liabilities:
Deposits	0	0
FHLB advances	0	0
Accrued interest payable	0	0
Fair Value | Level 2
Financial assets:
Interest-bearing deposits in other financial institutions	0	0
Securities available-for-sale	138,170	143,323
Loans held-for-sale	3,498	5,472
Net loans held-for-investment	0	0
Accrued interest receivable	452	513
Financial liabilities:
Deposits	0	0
FHLB advances	50,030	39,013
Accrued interest payable	46	192
Fair Value | Level 3
Financial assets:
Interest-bearing deposits in other financial institutions	0	0
Securities available-for-sale	0	0
Loans held-for-sale	0	0
Net loans held-for-investment	2,285,874	2,225,573
Accrued interest receivable	9,594	8,827
Financial liabilities:
Deposits	2,406,788	2,353,465
FHLB advances	0	0
Accrued interest payable	$ 16,696	$ 17,860

Investment Securities - Summary

Investment Securities - Summary of Debt and Equity Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities available-for-sale:
Amortized Cost	$ 152,649	$ 156,175
Gross Unrealized Gain	147	290
Gross Unrealized Loss	(14,626)	(13,142)
Fair Value	138,170	143,323
Residential mortgage-backed securities
Securities available-for-sale:
Amortized Cost	111,860	114,485
Gross Unrealized Gain	87	199
Gross Unrealized Loss	(11,764)	(10,593)
Fair Value	100,183	104,091
Residential collateralized mortgage obligations
Securities available-for-sale:
Amortized Cost	25,002	25,611
Gross Unrealized Gain	54	63
Gross Unrealized Loss	(1,628)	(1,501)
Fair Value	23,428	24,173
SBA loan pool securities
Securities available-for-sale:
Amortized Cost	7,480	7,773
Gross Unrealized Gain	3	3
Gross Unrealized Loss	(354)	(326)
Fair Value	7,129	7,450
Municipal bonds
Securities available-for-sale:
Amortized Cost	3,307	3,306
Gross Unrealized Gain	3	25
Gross Unrealized Loss	(30)	(2)
Fair Value	3,280	3,329
Corporate bonds
Securities available-for-sale:
Amortized Cost	5,000	5,000
Gross Unrealized Gain	0	0
Gross Unrealized Loss	(850)	(720)
Fair Value	$ 4,150	$ 4,280

Investment Securities - Narrati

Investment Securities - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Marketable Securities [Line Items]
Securities available-for-sale	$ 138,170	$ 143,323
Accrued interest on securities available-for-sale	452	513
Proceeds from sales and calls of securities available-for-sale	0
Allowance for credit loss on available-for-sale securities	$ 0	0
Debt Securities, Available-for-Sale, Excluding Accrued Interest | Investment Securities Concentration Risk | Issued By US Government Agency and US Government Sponsored Enterprise
Marketable Securities [Line Items]
Concentration risk percentage	94.60%
Asset Pledged as Collateral
Marketable Securities [Line Items]
Securities available-for-sale	$ 74,500	$ 70,900

Investment Securities - Summa_2

Investment Securities - Summary of Contractual Maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Amortized Cost
Within one year	$ 862
One to five years	82
Five to ten years	5,725
Greater than ten years	1,638
Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities	144,342
Amortized Cost	152,649	$ 156,175
Fair Value
Within one year	861
One to five years	80
Five to ten years	4,871
Greater than ten years	1,618
Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities	130,740
Fair Value	$ 138,170	$ 143,323

Investment Securities - Summa_3

Investment Securities - Summary of Individual Securities in Continuous Unrealized Loss Position (Details) $ in Thousands	Mar. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 14,104	$ 14,993
Less Than 12 Months, Gross Unrealized Losses	$ (156)	$ (103)
Less Than 12 Months, Number of Securities | security	18	13
12 months or Longer, Fair Value	$ 106,650	$ 104,146
12 months or Longer, Gross Unrealized Losses	$ (14,470)	$ (13,040)
12 months or Longer, Number of Securities | security	164	161
Total, Fair Value	$ 120,754	$ 119,139
Total, Gross Unrealized Losses	$ (14,626)	$ (13,142)
Total, Number of Securities | security	182	174
Residential mortgage-backed securities
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 6,936	$ 9,252
Less Than 12 Months, Gross Unrealized Losses	$ (88)	$ (41)
Less Than 12 Months, Number of Securities | security	10	8
12 months or Longer, Fair Value	$ 82,428	$ 78,958
12 months or Longer, Gross Unrealized Losses	$ (11,676)	$ (10,552)
12 months or Longer, Number of Securities | security	112	110
Total, Fair Value	$ 89,364	$ 88,210
Total, Gross Unrealized Losses	$ (11,764)	$ (10,593)
Total, Number of Securities | security	122	118
Residential collateralized mortgage obligations
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 5,663	$ 5,660
Less Than 12 Months, Gross Unrealized Losses	$ (41)	$ (62)
Less Than 12 Months, Number of Securities | security	4	4
12 months or Longer, Fair Value	$ 13,283	$ 13,919
12 months or Longer, Gross Unrealized Losses	$ (1,587)	$ (1,439)
12 months or Longer, Number of Securities | security	35	35
Total, Fair Value	$ 18,946	$ 19,579
Total, Gross Unrealized Losses	$ (1,628)	$ (1,501)
Total, Number of Securities | security	39	39
SBA loan pool securities
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 0	$ 0
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ 0
Less Than 12 Months, Number of Securities | security	0	0
12 months or Longer, Fair Value	$ 6,349	$ 6,627
12 months or Longer, Gross Unrealized Losses	$ (354)	$ (326)
12 months or Longer, Number of Securities | security	14	14
Total, Fair Value	$ 6,349	$ 6,627
Total, Gross Unrealized Losses	$ (354)	$ (326)
Total, Number of Securities | security	14	14
Municipal bonds
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 1,505	$ 81
Less Than 12 Months, Gross Unrealized Losses	$ (27)	$ 0
Less Than 12 Months, Number of Securities | security	4	1
12 months or Longer, Fair Value	$ 440	$ 362
12 months or Longer, Gross Unrealized Losses	$ (3)	$ (2)
12 months or Longer, Number of Securities | security	2	1
Total, Fair Value	$ 1,945	$ 443
Total, Gross Unrealized Losses	$ (30)	$ (2)
Total, Number of Securities | security	6	2
Corporate bonds
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 0	$ 0
Less Than 12 Months, Gross Unrealized Losses	$ 0	$ 0
Less Than 12 Months, Number of Securities | security	0	0
12 months or Longer, Fair Value	$ 4,150	$ 4,280
12 months or Longer, Gross Unrealized Losses	$ (850)	$ (720)
12 months or Longer, Number of Securities | security	1	1
Total, Fair Value	$ 4,150	$ 4,280
Total, Gross Unrealized Losses	$ (850)	$ (720)
Total, Number of Securities | security	1	1

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses on Loans - Loans Held-for-Investment (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	$ 2,397,964	$ 2,323,452
Allowance for credit losses on loans	(28,332)	(27,533)	$ (24,694)	$ (24,942)
Net loans held-for-investment	2,369,632	2,295,919
Officers and Directors
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	109	111
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	1,614,157	1,571,385
Commercial real estate | Commercial property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	874,300	855,270
Allowance for credit losses on loans	(12,119)	(12,665)	(8,476)	(8,502)
Commercial real estate | Business property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	578,903	558,772
Allowance for credit losses on loans	(4,814)	(4,739)	(6,069)	(5,749)
Commercial real estate | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	131,742	132,500
Allowance for credit losses on loans	(1,315)	(1,441)	(1,381)	(1,134)
Commercial real estate | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	29,212	24,843
Allowance for credit losses on loans	(109)	(135)	(156)	(151)
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	371,934	342,002
Allowance for credit losses on loans	(7,588)	(6,245)	(7,314)	(5,502)
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	411,873	410,065
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	389,888	389,420
Allowance for credit losses on loans	(2,334)	(2,226)	(1,214)	(3,691)
Consumer | Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	21,985	20,645
Allowance for credit losses on loans	$ (53)	$ (82)	$ (84)	$ (213)

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses on Loans - Allowance for Credit Losses on Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	$ 922	$ (2,417)
Provision (reversal) for credit losses on off-balance sheet credit exposures	168	(361)
Total provision (reversal) for credit losses	1,090	(2,778)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	27,533	24,942
Charge-offs	(185)	0
Recoveries	62	1,102
Provision (reversal) for credit losses on loans	922	(2,417)
Ending balance	28,332	24,694
Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		1,067
Commercial real estate | Commercial Property
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	(546)	1,736
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	12,665	8,502
Charge-offs	0	0
Recoveries	0	0
Provision (reversal) for credit losses on loans	(546)	1,736
Ending balance	12,119	8,476
Commercial real estate | Commercial Property | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		(1,762)
Commercial real estate | Business Property
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	73	(581)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	4,739	5,749
Charge-offs	0	0
Recoveries	2	5
Provision (reversal) for credit losses on loans	73	(581)
Ending balance	4,814	6,069
Commercial real estate | Business Property | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		896
Commercial real estate | Multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	(126)	(9)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,441	1,134
Charge-offs	0	0
Recoveries	0	0
Provision (reversal) for credit losses on loans	(126)	(9)
Ending balance	1,315	1,381
Commercial real estate | Multifamily | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		256
Commercial real estate | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	(26)	5
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	135	151
Charge-offs	0	0
Recoveries	0	0
Provision (reversal) for credit losses on loans	(26)	5
Ending balance	109	156
Commercial real estate | Construction | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		0
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	1,489	(3,617)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	6,245	5,502
Charge-offs	(155)	0
Recoveries	9	1,085
Provision (reversal) for credit losses on loans	1,489	(3,617)
Ending balance	7,588	7,314
Commercial and industrial | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		4,344
Consumer | Residential Mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	108	57
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	2,226	3,691
Charge-offs	0	0
Recoveries	0	0
Provision (reversal) for credit losses on loans	108	57
Ending balance	2,334	1,214
Consumer | Residential Mortgage | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		(2,534)
Consumer | Other Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	(50)	(8)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	82	213
Charge-offs	(30)	0
Recoveries	51	12
Provision (reversal) for credit losses on loans	(50)	(8)
Ending balance	$ 53	84
Consumer | Other Consumer | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance		$ (133)

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses on Loans - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	$ 91,243		$ 439,138
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	437,960		622,022
Year two, originated one year before current fiscal year, writeoff	12
Year three, originated two years before current fiscal year	614,667		456,202
Year three, originated two years before current fiscal year, writeoff	15
Year four, originated three years before current fiscal year	449,791		185,227
Year four, originated three years before current fiscal year, writeoff	150
Year five, originated four years before current fiscal year	179,406		166,969
Year five, originated four years before current fiscal year, writeoff	3
Prior	371,601		233,882
Prior, writeoff	5
Revolving Loans	245,440		211,889
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	7,856		8,123
Revolving Loans Converted to Term, writeoff	0
Total	2,397,964		2,323,452
Current period gross write offs	185	$ 0
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	91,243		439,138
Year two, originated one year before current fiscal year	437,960		621,555
Year three, originated two years before current fiscal year	614,045		455,525
Year four, originated three years before current fiscal year	449,116		184,838
Year five, originated four years before current fiscal year	178,521		163,948
Prior	364,911		227,280
Revolving Loans	245,440		210,889
Revolving Loans Converted to Term	7,856		8,123
Total	2,389,092		2,311,296
Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		484
Year four, originated three years before current fiscal year	481		379
Year five, originated four years before current fiscal year	380		314
Prior	240		2,979
Revolving Loans	0		1,000
Revolving Loans Converted to Term	0		0
Total	1,101		5,156
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		467
Year three, originated two years before current fiscal year	622		193
Year four, originated three years before current fiscal year	194		10
Year five, originated four years before current fiscal year	505		2,707
Prior	6,450		3,623
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	7,771		7,000
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,614,157		1,571,385
Commercial real estate | Commercial property
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	43,270		154,563
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	153,834		268,369
Year two, originated one year before current fiscal year, writeoff	0
Year three, originated two years before current fiscal year	265,870		156,301
Year three, originated two years before current fiscal year, writeoff	0
Year four, originated three years before current fiscal year	155,883		83,461
Year four, originated three years before current fiscal year, writeoff	0
Year five, originated four years before current fiscal year	79,651		70,736
Year five, originated four years before current fiscal year, writeoff	0
Prior	161,434		113,033
Prior, writeoff	0
Revolving Loans	14,358		8,807
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	0		0
Revolving Loans Converted to Term, writeoff	0
Total	874,300		855,270
Current period gross write offs	0	0
Commercial real estate | Commercial property | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	43,270		154,563
Year two, originated one year before current fiscal year	153,834		268,369
Year three, originated two years before current fiscal year	265,870		155,817
Year four, originated three years before current fiscal year	155,402		83,461
Year five, originated four years before current fiscal year	79,651		70,425
Prior	158,912		107,879
Revolving Loans	14,358		8,807
Revolving Loans Converted to Term	0		0
Total	871,297		849,321
Commercial real estate | Commercial property | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		484
Year four, originated three years before current fiscal year	481		0
Year five, originated four years before current fiscal year	0		0
Prior	240		2,952
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	721		3,436
Commercial real estate | Commercial property | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		311
Prior	2,282		2,202
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	2,282		2,513
Commercial real estate | Commercial property | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Business property
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	29,660		103,364
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	102,866		104,001
Year two, originated one year before current fiscal year, writeoff	0
Year three, originated two years before current fiscal year	103,603		163,329
Year three, originated two years before current fiscal year, writeoff	0
Year four, originated three years before current fiscal year	159,668		50,362
Year four, originated three years before current fiscal year, writeoff	0
Year five, originated four years before current fiscal year	49,496		72,106
Year five, originated four years before current fiscal year, writeoff	0
Prior	128,073		60,401
Prior, writeoff	0
Revolving Loans	1,239		882
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	4,298		4,327
Revolving Loans Converted to Term, writeoff	0
Total	578,903		558,772
Current period gross write offs	0	0
Commercial real estate | Business property | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	29,660		103,364
Year two, originated one year before current fiscal year	102,866		103,549
Year three, originated two years before current fiscal year	102,981		163,136
Year four, originated three years before current fiscal year	159,474		50,362
Year five, originated four years before current fiscal year	48,997		69,852
Prior	125,262		59,765
Revolving Loans	1,239		882
Revolving Loans Converted to Term	4,298		4,327
Total	574,777		555,237
Commercial real estate | Business property | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Business property | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		452
Year three, originated two years before current fiscal year	622		193
Year four, originated three years before current fiscal year	194		0
Year five, originated four years before current fiscal year	499		2,254
Prior	2,811		636
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	4,126		3,535
Commercial real estate | Business property | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		14,219
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	14,173		40,618
Year two, originated one year before current fiscal year, writeoff	0
Year three, originated two years before current fiscal year	40,433		42,848
Year three, originated two years before current fiscal year, writeoff	0
Year four, originated three years before current fiscal year	42,565		26,472
Year four, originated three years before current fiscal year, writeoff	0
Year five, originated four years before current fiscal year	26,294		2,419
Year five, originated four years before current fiscal year, writeoff	0
Prior	8,277		5,924
Prior, writeoff	0
Revolving Loans	0		0
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	0		0
Revolving Loans Converted to Term, writeoff	0
Total	131,742		132,500
Current period gross write offs	0	0
Commercial real estate | Multifamily | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		14,219
Year two, originated one year before current fiscal year	14,173		40,618
Year three, originated two years before current fiscal year	40,433		42,848
Year four, originated three years before current fiscal year	42,565		26,472
Year five, originated four years before current fiscal year	26,294		2,419
Prior	8,277		5,924
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	131,742		132,500
Commercial real estate | Multifamily | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Multifamily | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Multifamily | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		4,617
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	7,348		9,120
Year two, originated one year before current fiscal year, writeoff	0
Year three, originated two years before current fiscal year	10,187		0
Year three, originated two years before current fiscal year, writeoff	0
Year four, originated three years before current fiscal year	0		7,500
Year four, originated three years before current fiscal year, writeoff	0
Year five, originated four years before current fiscal year	7,500		3,606
Year five, originated four years before current fiscal year, writeoff	0
Prior	4,177		0
Prior, writeoff	0
Revolving Loans	0		0
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	0		0
Revolving Loans Converted to Term, writeoff	0
Total	29,212		24,843
Current period gross write offs	0	0
Commercial real estate | Construction | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		4,617
Year two, originated one year before current fiscal year	7,348		9,120
Year three, originated two years before current fiscal year	10,187		0
Year four, originated three years before current fiscal year	0		7,500
Year five, originated four years before current fiscal year	7,500		3,606
Prior	4,177		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	29,212		24,843
Commercial real estate | Construction | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Construction | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial real estate | Construction | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	10,924		77,957
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	76,833		28,638
Year two, originated one year before current fiscal year, writeoff	0
Year three, originated two years before current fiscal year	27,387		11,950
Year three, originated two years before current fiscal year, writeoff	0
Year four, originated three years before current fiscal year	11,165		4,733
Year four, originated three years before current fiscal year, writeoff	150
Year five, originated four years before current fiscal year	4,291		6,779
Year five, originated four years before current fiscal year, writeoff	0
Prior	14,852		9,139
Prior, writeoff	5
Revolving Loans	222,924		199,010
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	3,558		3,796
Revolving Loans Converted to Term, writeoff	0
Total	371,934		342,002
Current period gross write offs	155	0
Commercial and industrial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	10,924		77,957
Year two, originated one year before current fiscal year	76,833		28,638
Year three, originated two years before current fiscal year	27,387		11,950
Year four, originated three years before current fiscal year	11,165		4,354
Year five, originated four years before current fiscal year	3,911		6,323
Prior	13,931		8,327
Revolving Loans	222,924		198,010
Revolving Loans Converted to Term	3,558		3,796
Total	370,633		339,355
Commercial and industrial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		379
Year five, originated four years before current fiscal year	380		314
Prior	0		27
Revolving Loans	0		1,000
Revolving Loans Converted to Term	0		0
Total	380		1,720
Commercial and industrial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		142
Prior	921		785
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	921		927
Commercial and industrial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Total	411,873		410,065
Consumer | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	7,359		79,581
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	78,711		163,734
Year two, originated one year before current fiscal year, writeoff	0
Year three, originated two years before current fiscal year	160,422		78,499
Year three, originated two years before current fiscal year, writeoff	0
Year four, originated three years before current fiscal year	77,750		11,363
Year four, originated three years before current fiscal year, writeoff	0
Year five, originated four years before current fiscal year	11,146		10,865
Year five, originated four years before current fiscal year, writeoff	0
Prior	54,500		45,378
Prior, writeoff	0
Revolving Loans	0		0
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	0		0
Revolving Loans Converted to Term, writeoff	0
Total	389,888		389,420
Current period gross write offs	0	0
Consumer | Residential mortgage | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	7,359		79,581
Year two, originated one year before current fiscal year	78,711		163,734
Year three, originated two years before current fiscal year	160,422		78,499
Year four, originated three years before current fiscal year	77,750		11,363
Year five, originated four years before current fiscal year	11,146		10,865
Prior	54,064		45,378
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	389,452		389,420
Consumer | Residential mortgage | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Consumer | Residential mortgage | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	436		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	436		0
Consumer | Residential mortgage | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Consumer | Other consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	30		4,837
Year one, originated current fiscal year, writeoff	0
Year two, originated one year before current fiscal year	4,195		7,542
Year two, originated one year before current fiscal year, writeoff	12
Year three, originated two years before current fiscal year	6,765		3,275
Year three, originated two years before current fiscal year, writeoff	15
Year four, originated three years before current fiscal year	2,760		1,336
Year four, originated three years before current fiscal year, writeoff	0
Year five, originated four years before current fiscal year	1,028		458
Year five, originated four years before current fiscal year, writeoff	3
Prior	288		7
Prior, writeoff	0
Revolving Loans	6,919		3,190
Revolving Loans, writeoff	0
Revolving Loans Converted to Term	0		0
Revolving Loans Converted to Term, writeoff	0
Total	21,985		20,645
Current period gross write offs	30	$ 0
Consumer | Other consumer | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	30		4,837
Year two, originated one year before current fiscal year	4,195		7,527
Year three, originated two years before current fiscal year	6,765		3,275
Year four, originated three years before current fiscal year	2,760		1,326
Year five, originated four years before current fiscal year	1,022		458
Prior	288		7
Revolving Loans	6,919		3,190
Revolving Loans Converted to Term	0		0
Total	21,979		20,620
Consumer | Other consumer | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	0		0
Consumer | Other consumer | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		15
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		10
Year five, originated four years before current fiscal year	6		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	6		25
Consumer | Other consumer | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0
Year two, originated one year before current fiscal year	0		0
Year three, originated two years before current fiscal year	0		0
Year four, originated three years before current fiscal year	0		0
Year five, originated four years before current fiscal year	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term	0		0
Total	$ 0		$ 0

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses on Loans - Nonaccrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	$ 4,940	$ 3,916
Nonaccrual Loans with ACL	791	714
ACL on Nonaccrual Loans	303	264
Collateral Dependent Nonaccrual Loans	4,889	3,891
ACL on Collateral Dependent Nonaccrual Loans	277	264
Loans guaranteed by US government agency
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	0	0
Commercial real estate
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	4,387	3,823
Nonaccrual Loans with ACL	740	689
ACL on Nonaccrual Loans	277	264
Collateral Dependent Nonaccrual Loans	4,387	3,823
ACL on Collateral Dependent Nonaccrual Loans	277	264
Commercial real estate | Commercial property
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	932	958
Nonaccrual Loans with ACL	0	0
ACL on Nonaccrual Loans	0	0
Collateral Dependent Nonaccrual Loans	932	958
ACL on Collateral Dependent Nonaccrual Loans	0	0
Commercial real estate | Business property
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	3,455	2,865
Nonaccrual Loans with ACL	740	689
ACL on Nonaccrual Loans	277	264
Collateral Dependent Nonaccrual Loans	3,455	2,865
ACL on Collateral Dependent Nonaccrual Loans	277	264
Commercial and industrial
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	111	68
Nonaccrual Loans with ACL	45	0
ACL on Nonaccrual Loans	26	0
Collateral Dependent Nonaccrual Loans	66	68
ACL on Collateral Dependent Nonaccrual Loans	0	0
Consumer
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	442	25
Nonaccrual Loans with ACL	6	25
ACL on Nonaccrual Loans	0	0
Collateral Dependent Nonaccrual Loans	436	0
ACL on Collateral Dependent Nonaccrual Loans	0	0
Consumer | Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	436
Nonaccrual Loans with ACL	0
ACL on Nonaccrual Loans	0
Collateral Dependent Nonaccrual Loans	436
ACL on Collateral Dependent Nonaccrual Loans	0
Consumer | Other consumer
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	6	25
Nonaccrual Loans with ACL	6	25
ACL on Nonaccrual Loans	0	0
Collateral Dependent Nonaccrual Loans	0	0
ACL on Collateral Dependent Nonaccrual Loans	$ 0	$ 0

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses on Loans - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 4,889	$ 3,891
Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	945	971
Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,569	2,137
Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	848	689
Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	489	55
Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	38	39
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	4,387	3,823
Commercial real estate | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	932	958
Commercial real estate | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,569	2,137
Commercial real estate | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	848	689
Commercial real estate | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial real estate | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	38	39
Commercial real estate | Commercial property
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	932	958
Commercial real estate | Commercial property | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	932	958
Commercial real estate | Commercial property | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial real estate | Commercial property | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial real estate | Commercial property | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial real estate | Commercial property | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial real estate | Business property
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	3,455	2,865
Commercial real estate | Business property | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial real estate | Business property | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,569	2,137
Commercial real estate | Business property | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	848	689
Commercial real estate | Business property | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial real estate | Business property | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	38	39
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	66	68
Commercial and industrial | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	13	13
Commercial and industrial | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial and industrial | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial and industrial | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	53	55
Commercial and industrial | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	$ 0
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	436
Consumer | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Consumer | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Consumer | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Consumer | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	436
Consumer | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Consumer | Residential mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	436
Consumer | Residential mortgage | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Consumer | Residential mortgage | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Consumer | Residential mortgage | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Consumer | Residential mortgage | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	436
Consumer | Residential mortgage | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 0

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses on Loans - Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Nonaccrual	$ 4,940	$ 3,916
Commercial real estate
Financing Receivable, Past Due [Line Items]
Nonaccrual	4,387	3,823
Commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Nonaccrual	932	958
Commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Nonaccrual	3,455	2,865
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Nonaccrual	111	68
Consumer
Financing Receivable, Past Due [Line Items]
Nonaccrual	442	25
Consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Nonaccrual	436
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Nonaccrual	6	25
Total
Financing Receivable, Past Due [Line Items]
Still Accruing	4,515	1,428
Nonaccrual	2,346	521
Total Loans Past Due	6,861	1,949
Total | Commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	1,332	560
Nonaccrual	1,799	503
Total Loans Past Due	3,131	1,063
Total | Commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	918	0
Nonaccrual	932	296
Total Loans Past Due	1,850	296
Total | Commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	414	560
Nonaccrual	867	207
Total Loans Past Due	1,281	767
Total | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Still Accruing	10	217
Nonaccrual	111	0
Total Loans Past Due	121	217
Total | Consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	3,173	651
Nonaccrual	436	18
Total Loans Past Due	3,609	669
Total | Consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	3,161	604
Nonaccrual	436	0
Total Loans Past Due	3,597	604
Total | Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	12	47
Nonaccrual	0	18
Total Loans Past Due	12	65
30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Still Accruing	3,412	1,394
Nonaccrual	1,106	0
30 to 59 Days Past Due | Commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	905	560
Nonaccrual	1,040	0
30 to 59 Days Past Due | Commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	491	0
Nonaccrual	932	0
30 to 59 Days Past Due | Commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	414	560
Nonaccrual	108	0
30 to 59 Days Past Due | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Still Accruing	10	217
Nonaccrual	66	0
30 to 59 Days Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	2,497	617
Nonaccrual	0	0
30 to 59 Days Past Due | Consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	2,485	604
Nonaccrual	0	0
30 to 59 Days Past Due | Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	12	13
Nonaccrual	0	0
60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Still Accruing	1,103	34
Nonaccrual	45	350
60 to 89 Days Past Due | Commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	427	0
Nonaccrual	0	335
60 to 89 Days Past Due | Commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	427	0
Nonaccrual	0	296
60 to 89 Days Past Due | Commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	0	39
60 to 89 Days Past Due | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	45	0
60 to 89 Days Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	676	34
Nonaccrual	0	15
60 to 89 Days Past Due | Consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	676	0
Nonaccrual	0	0
60 to 89 Days Past Due | Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	0	34
Nonaccrual	0	15
90 or More Days Past Due
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	1,195	171
90 or More Days Past Due | Commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	759	168
90 or More Days Past Due | Commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	0	0
90 or More Days Past Due | Commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	759	168
90 or More Days Past Due | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	0	0
90 or More Days Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	436	3
90 or More Days Past Due | Consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	436	0
90 or More Days Past Due | Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	$ 0	$ 3

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses on Loans - Loan Modification (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 45	$ 11
Percentage to Each Loan Segment	0.10%	0.10%
Commitments to lend	$ 0
Modified loans with subsequent default	0
Interest Only
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	45	$ 11
Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 45	$ 11
Percentage to Each Loan Segment	0.10%	0.10%
Commercial and industrial | Interest Only
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 45	$ 11

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses on Loans - Purchases, Sales, and Transfers (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Transfer of loans to held-for-sale	$ 0	$ 0
Transfer of loans to held-for-investment	0	0
Purchases of loans held-for-investment	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans held-for-investment	0	15,741
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans held-for-investment	$ 0	$ 15,741

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses on Loans - Loans Held-for-Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 3,256	$ 5,155
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	2,802
Commercial real estate | Business property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	2,802
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 3,256	$ 2,353

Other Real Estate Owned - OREO

Other Real Estate Owned - OREO Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Change in Other Real Estate Owned
Balance at beginning of year	$ 2,558	$ 0
Sales	(2,558)	0
Balance at end of year	0	0
Change in Other Real Estate Owned Valuation Allowance
Balance at beginning of year	0	0
Additions	0	0
Net direct write-downs and removal from sale	0	0
Balance at end of year	0	0
Expenses related to OREOs	(11)	0
Net (gain) loss on sales
Change in Other Real Estate Owned Valuation Allowance
Expenses related to OREOs	(13)	0
Operating expenses, net of rental income
Change in Other Real Estate Owned Valuation Allowance
Expenses related to OREOs	$ 2	$ 0

Other Real Estate Owned - Narra

Other Real Estate Owned - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
OREO recognized		$ 2,600
Loans to finance sale of OREO properties	$ 0
Commercial real estate | SBA 7(a) loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan transferred to OREO		$ 593
Unguaranteed percentage of loan		25%
Guaranty percentage of loan		75%

Servicing Assets - Narrative (D

Servicing Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Transfers and Servicing [Abstract]
Loans sold with servicing rights retained	$ 19,400	$ 27,100
Net gain on sale	1,100	1,300
Loan servicing income	$ 919	$ 860

Servicing Assets - Summary of K

Servicing Assets - Summary of Key Assumptions in Fair Value Calculations (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Servicing Assets at Fair Value [Line Items]
Carrying amount	$ 6,544	$ 6,666	$ 7,345	$ 7,347
Fair value	8,557	9,116
Underlying loans being serviced	540,039	532,231
Residential Mortgage
Servicing Assets at Fair Value [Line Items]
Carrying amount	47	49	57	64
Fair value	$ 111	$ 104
Discount rate	7.85%	9.93%
Prepayment speed	12.14%	12.75%
Weighted-average remaining life	19 years 6 months	19 years 9 months 18 days
Underlying loans being serviced	$ 10,364	$ 10,666
CRE SBA
Servicing Assets at Fair Value [Line Items]
Carrying amount	5,985	6,135	6,842	6,831
Fair value	$ 7,674	$ 8,284
Discount rate	12.14%	12.30%
Prepayment speed	19.08%	16.71%
Weighted-average remaining life	20 years 10 months 24 days	21 years
Underlying loans being serviced	$ 465,756	$ 461,300
C&I SBA
Servicing Assets at Fair Value [Line Items]
Carrying amount	512	482	$ 446	$ 452
Fair value	$ 772	$ 728
Discount rate	15.85%	15.46%
Prepayment speed	14.05%	13.97%
Weighted-average remaining life	7 years 3 months 18 days	7 years 1 month 6 days
Underlying loans being serviced	$ 63,919	$ 60,265

Servicing Assets - Summary of C

Servicing Assets - Summary of Changes in Servicing Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	$ 6,666	$ 7,347
Additions	252	421
Amortization	(374)	(423)
Balance at end of period	6,544	7,345
Residential Mortgage
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	49	64
Additions	0	0
Amortization	(2)	(7)
Balance at end of period	47	57
CRE SBA
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	6,135	6,831
Additions	177	376
Amortization	(327)	(365)
Balance at end of period	5,985	6,842
C&I SBA
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	482	452
Additions	75	45
Amortization	(45)	(51)
Balance at end of period	$ 512	$ 446

Operating Leases - Cost and Sup

Operating Leases - Cost and Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Leases [Abstract]
Operating lease cost	$ 943	$ 743
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	875	810
Right-of-use assets obtained in exchange for lease obligations	0	$ 195
Operating leases:
Operating lease assets	18,255		$ 18,913
Operating lease liabilities	$ 19,555		$ 20,137
Weighted-average remaining lease term	8 years 1 month 6 days		8 years 3 months 18 days
Weighted-average discount rate	4.66%		4.63%

Operating Leases - Maturities o

Operating Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Maturities:
2024	$ 2,564
2025	3,301
2026	2,932
2027	2,543
2028	2,416
After 2028	10,695
Total lease payment	24,451
Imputed interest	(4,896)
Present value of operating lease liabilities	$ 19,555	$ 20,137

Federal Home Loan Bank Advanc_2

Federal Home Loan Bank Advances and Other Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Federal Home Loan Bank, Advances [Line Items]
FHLB advances	$ 50,000	$ 39,000
Interest rate	5.59%	5.63%
FHLB advances, maturity term	92 days	92 days
Loans pledged to secure FHLB advances	$ 970,000	$ 1,040,000
Additional borrowing capacity	642,700	603,000
FHLB Advances
Federal Home Loan Bank, Advances [Line Items]
Unused borrowing capacity	574,200
Carrying value of pledged loans	728,200
Outstanding borrowings	0
Overnight federal funds lines, maximum borrowing capacity	65,000
FHLB of San Francisco
Federal Home Loan Bank, Advances [Line Items]
Investment in FHLB capital stock	$ 12,500	$ 12,500

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		12 Months Ended
	May 24, 2022	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Issuance of preferred stock (in shares)	69,141
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000		$ 1,000	$ 1,000
Capital investment	$ 69.1
Period after investment date for commencement of fixed dividend rate	10 years
Minimum period for stock redemption	5 years
Stock repurchased and retired (in shares)				512,657
Weighted-average price of stock repurchased and retired (in dollars per share)				$ 17.22
Stock repurchased (in shares)			0
Additional stock authorized to be repurchased (in shares)			592,724
Forecast
Class of Stock [Line Items]
Annual dividend rate (percent)		2%
Dividend Rate, Variable, Period One
Class of Stock [Line Items]
Annual dividend rate (percent)	0%
Period after investment date with no dividend	24 months
Dividend Rate, Variable, Period Two | Maximum
Class of Stock [Line Items]
Annual dividend rate (percent)	2%

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - Stock options - shares	Mar. 31, 2024	May 25, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized options to purchase (in shares)		700,000
Shares available for future grants (in shares)	489,000

Share-Based Compensation - Shar

Share-Based Compensation - Share-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 136	$ 120
Related tax benefits	34	25
Unrecognized Expense
Stock options	712
Restricted stock awards	397
Total unrecognized share-based compensation expense	$ 1,109
Weighted-Average Remaining Expected Recognition Period	2 years 7 months 6 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 72	36
Unrecognized Expense
Weighted-Average Remaining Expected Recognition Period	2 years 7 months 6 days
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 64	$ 84
Unrecognized Expense
Weighted-Average Remaining Expected Recognition Period	2 years 6 months

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Number of Shares
Outstanding at beginning of period (in shares)	614,715
Exercised (in shares)	(3,351)
Outstanding at end of period (in shares)	611,364	614,715
Exercisable at end of period (in shares)	356,364
Weighted-Average Exercise Price Per Share
Outstanding at beginning of period (in dollars per share)	$ 13.90
Exercised (in dollars per share)	10.33
Outstanding at end of period (in dollars per share)	13.91	$ 13.90
Exercisable at end of period (in dollars per share)	$ 12.49
Weighted-Average Contractual Term
Outstanding (in years)	5 years 6 months	5 years 8 months 12 days
Exercised (in years)	1 year 7 months 6 days
Exercisable (in years)	2 years 9 months 18 days
Aggregated Intrinsic Value
Outstanding	$ 1,477	$ 2,788
Exercisable	$ 1,368

Share-Based Compensation - Unve

Share-Based Compensation - Unvested Stock Options (Details)	3 Months Ended
	Mar. 31, 2024 $ / shares shares
Number of Shares
Outstanding at beginning of period (in shares) | shares	271,000
Vested (in shares) | shares	(16,000)
Outstanding at end of period (in shares) | shares	255,000
Weighted-Average Exercise Price Per Share
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 15.85
Vested (in dollars per share) | $ / shares	14.96
Outstanding at end of period (in dollars per share) | $ / shares	$ 15.90

Share-Based Compensation - RSA

Share-Based Compensation - RSA Activity (Details) - Restricted stock awards	3 Months Ended
	Mar. 31, 2024 $ / shares shares
Number of Shares
Outstanding at beginning of period (in shares) | shares	41,661
Vested (in shares) | shares	(16,261)
Outstanding at end of period (in shares) | shares	25,400
Weighted-Average Grant Date Fair Value Per Share
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 17.53
Vested (in dollars per share) | $ / shares	13.93
Outstanding at end of period (in dollars per share) | $ / shares	$ 19.84

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income tax expense	$ 1,817	$ 4,162
Effective tax rate	27.90%	28.80%
Unrecognized tax benefits	$ 0		$ 0
Accrued interest on unrecognized tax benefits	$ 0		$ 0

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Basic earnings per share:
Net income	$ 4,685	$ 10,297
Less: income allocated to unvested restricted stock	(9)	(33)
Net income allocated to common stock	$ 4,676	$ 10,264
Weighted-average total common shares outstanding (in shares)	14,262,235	14,465,833
Less: weighted-average unvested restricted stock (in shares)	(26,816)	(46,678)
Weighted-average common shares outstanding, basic (in shares)	14,235,419	14,419,155
Basic earnings per share (in dollars per share)	$ 0.33	$ 0.71
Diluted earnings per share:
Net income allocated to common stock	$ 4,676	$ 10,264
Weighted-average common shares outstanding, basic (in shares)	14,235,419	14,419,155
Diluted effect of stock options (in shares)	94,785	155,774
Weighted-average common shares outstanding, diluted (in shares)	14,330,204	14,574,929
Diluted earnings per share (in dollars per share)	$ 0.33	$ 0.70

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Earnings Per Share [Abstract]
Stock options excluded in computing diluted earnings per share (in shares)	263,000	93,700

Off-Balance Sheet Credit Expo_3

Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies - Outstanding Financial Commitments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fixed Rate
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	$ 10,178	$ 11,466
Fixed Rate | Unused lines of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	8,586	2,808
Fixed Rate | Unfunded loan commitments
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	1,592	4,020
Fixed Rate | Standby letters of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	0	4,638
Fixed Rate | Commercial letters of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	0	0
Variable Rate
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	424,984	396,636
Variable Rate | Unused lines of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	375,447	347,652
Variable Rate | Unfunded loan commitments
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	42,979	47,038
Variable Rate | Standby letters of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	6,423	1,786
Variable Rate | Commercial letters of credit
Other Commitments [Line Items]
Outstanding financial commitments whose contractual amount represents credit risk	$ 135	$ 160

Off-Balance Sheet Credit Expo_4

Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Sep. 30, 2023	Dec. 31, 2023	Jan. 01, 2023
Pending Litigation
Other Commitments [Line Items]
Preliminary settlement cost		$ 700
SEC Schedule, 12-09, Reserve, Off-balance Sheet Activity
Other Commitments [Line Items]
Reserve for off-balance sheet items	$ 1,400		$ 1,300
Impact of ASC 326 adoption
Other Commitments [Line Items]
Adjustment to the allowance for credit losses on off-balance sheet credit exposures				$ 1,600
Unfunded loan commitments
Other Commitments [Line Items]
Maturity term	90 days
Unfunded loan commitments | SBA Loans
Other Commitments [Line Items]
Maturity term	180 days

Regulatory Matters - Narrative

Regulatory Matters - Narrative (Details)	Mar. 31, 2024	Dec. 31, 2023
PCB Bancorp
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	7.38%	7.73%
PCB Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	7.58%	8.07%

Regulatory Matters - Schedule o

Regulatory Matters - Schedule of Regulatory Capital Amounts and Ratios (Details) $ in Thousands	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
PCB Bancorp
Actual
Common tier 1 capital (to risk-weighted assets), amount	$ 290,431	$ 288,174
Common tier 1 capital (to risk-weighted assets), ratio	0.1188	0.1223
Total capital (to risk-weighted assets), amount	$ 389,349	$ 386,125
Total capital (to risk-weighted assets), ratio	0.1593	0.1639
Tier 1 capital (to risk-weighted assets), amount	$ 359,572	$ 357,315
Tier 1 capital (to risk-weighted assets), ratio	0.1471	0.1516
Tier 1 capital (to average assets), amount	$ 359,572	$ 357,315
Tier 1 capital (to average assets), ratio	0.1273	0.1343
Minimum Capital Requirement
Common tier 1 capital (to risk-weighted assets), amount	$ 109,998	$ 106,043
Common tier 1 capital (to risk-weighted assets), ratio	4.50%	4.50%
Total capital (to risk-weighted assets), amount	$ 195,552	$ 188,521
Total capital (to risk-weighted assets), ratio	0.080	0.080
Tier 1 capital (to risk-weighted assets), amount	$ 146,664	$ 141,391
Tier 1 capital (to risk-weighted assets), ratio	0.060	0.060
Tier 1 capital (to average assets), amount	$ 112,954	$ 106,423
Tier 1 capital (to average assets), ratio	0.040	0.040
PCB Bank
Actual
Common tier 1 capital (to risk-weighted assets), amount	$ 351,242	$ 350,038
Common tier 1 capital (to risk-weighted assets), ratio	0.1437	0.1485
Total capital (to risk-weighted assets), amount	$ 381,020	$ 378,849
Total capital (to risk-weighted assets), ratio	0.1559	0.1607
Tier 1 capital (to risk-weighted assets), amount	$ 351,242	$ 350,038
Tier 1 capital (to risk-weighted assets), ratio	0.1437	0.1485
Tier 1 capital (to average assets), amount	$ 351,242	$ 350,038
Tier 1 capital (to average assets), ratio	0.1244	0.1316
Minimum Capital Requirement
Common tier 1 capital (to risk-weighted assets), amount	$ 109,997	$ 106,081
Common tier 1 capital (to risk-weighted assets), ratio	4.50%	4.50%
Total capital (to risk-weighted assets), amount	$ 195,550	$ 188,588
Total capital (to risk-weighted assets), ratio	0.080	0.080
Tier 1 capital (to risk-weighted assets), amount	$ 146,663	$ 141,441
Tier 1 capital (to risk-weighted assets), ratio	0.060	0.060
Tier 1 capital (to average assets), amount	$ 112,953	$ 106,421
Tier 1 capital (to average assets), ratio	0.040	0.040
To Be Well Capitalized Under Prompt Corrective Provisions
Common tier 1 capital (to risk-weighted assets), amount	$ 158,885	$ 153,228
Common tier 1 capital (to risk-weighted assets), ratio	6.50%	6.50%
Total capital (to risk-weighted assets), amount	$ 244,438	$ 235,735
Total capital (to risk-weighted assets), ratio	0.100	0.100
Tier 1 capital (to risk-weighted assets), amount	$ 195,550	$ 188,588
Tier 1 capital (to risk-weighted assets), ratio	0.080	0.080
Tier 1 capital (to average assets), amount	$ 141,191	$ 133,026
Tier 1 capital (to average assets), ratio	0.050	0.050

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disaggregation of Revenue [Line Items]
Total	$ 671	$ 609
Total service charges and fees on deposits
Disaggregation of Revenue [Line Items]
Total	378	344
Monthly service fees
Disaggregation of Revenue [Line Items]
Total	31	26
Account analysis fees
Disaggregation of Revenue [Line Items]
Total	234	225
Non-sufficient funds charges
Disaggregation of Revenue [Line Items]
Total	89	72
Other deposit related fees
Disaggregation of Revenue [Line Items]
Total	24	21
Debit card fees
Disaggregation of Revenue [Line Items]
Total	81	73
Gain (loss) on sale of other real estate owned
Disaggregation of Revenue [Line Items]
Total	13	0
Wire transfer fees
Disaggregation of Revenue [Line Items]
Total	141	144
Other service charges
Disaggregation of Revenue [Line Items]
Total	$ 58	$ 48

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares		3 Months Ended
	Apr. 25, 2024	Mar. 31, 2024	Mar. 31, 2023
Subsequent Event [Line Items]
Cash dividends declared on common stock (in dollars per share)		$ 0.18	$ 0.15
Subsequent Event
Subsequent Event [Line Items]
Cash dividends declared on common stock (in dollars per share)	$ 0.18

Uncategorized Items - pcb-20240

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-13 [Member]