PCB Bancorp (PCB) 10-Q 8 Aug 24 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2024	Jul. 31, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 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	Non-accelerated Filer
Entity small business	true
Entity emerging growth company	false
Entity shell company	false
Entity Common Stock, Shares Outstanding		14,254,024
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001423869
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 23,247	$ 26,518
Interest-bearing deposits in other financial institutions	154,383	215,824
Total cash and cash equivalents	177,630	242,342
Securities available-for-sale, at fair value (amortized cost of $162,590 and $156,175, respectively, and allowance for credit losses of $0 and $0, respectively, at June 30, 2024 and December 31, 2023)	148,009	143,323
Loans held-for-sale, at lower of cost or fair value	2,959	5,155
Loans held-for-investment, net of deferred fees and costs	2,449,074	2,323,452
Allowance for credit losses on loans	(28,747)	(27,533)
Net loans held-for-investment	2,420,327	2,295,919
Premises and equipment, net	8,923	5,999
Federal Home Loan Bank and other restricted stock, at cost	14,042	12,716
Other real estate owned, net	0	2,558
Bank-owned life insurance	31,281	30,817
Servicing assets	6,205	6,666
Operating lease assets	17,609	18,913
Accrued interest receivable	10,464	9,468
Other assets	15,515	15,630
Total assets	2,852,964	2,789,506
Deposits:
Noninterest-bearing demand	543,538	594,673
Savings, NOW and money market accounts	483,928	421,203
Time deposits of $250,000 or less	758,956	760,034
Time deposits of more than $250,000	619,832	575,702
Total deposits	2,406,254	2,351,612
Other short-term borrowings	4,000	0
Federal Home Loan Bank advances	32,000	39,000
Deferred tax liabilities, net	577	876
Operating lease liabilities	18,939	20,137
Accrued interest payable and other liabilities	37,725	29,009
Total liabilities	2,499,495	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 June 30, 2024 and December 31, 2023, respectively.	69,141	69,141
Common stock, 60,000,000 shares authorized, no par value; 14,254,024 and 14,260,440 shares issued and outstanding, respectively, and included 25,400 and 41,661 shares of unvested restricted stock, respectively, at June 30, 2024 and December 31, 2023	142,698	142,563
Retained earnings	151,781	146,092
Accumulated other comprehensive loss, net	(10,151)	(8,924)
Total shareholders’ equity	353,469	348,872
Total liabilities and shareholders’ equity	$ 2,852,964	$ 2,789,506

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Amortized cost	$ 162,590	$ 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)	14,254,024	14,260,440
Common stock, outstanding (in shares)	14,254,024	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		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest and dividend income:
Loans, including fees	$ 40,626	$ 32,960	$ 79,877	$ 64,189
Tax-exempt investment securities	29	33	57	67
Taxable investment securities	1,281	1,103	2,499	2,171
Other interest-earning assets	3,009	2,742	6,067	4,947
Total interest income	44,945	36,838	88,500	71,374
Interest expense:
Deposits	22,536	15,121	44,503	27,034
Borrowings	674	0	1,263	209
Total interest expense	23,210	15,121	45,766	27,243
Net interest income	21,735	21,717	42,734	44,131
Provision (reversal) for credit losses	259	197	1,349	(2,581)
Net interest income after provision (reversal) for credit losses	21,476	21,520	41,385	46,712
Noninterest income:
Service charges and fees on deposits	364	369	742	713
Loan servicing income	799	868	1,718	1,728
Bank-owned life insurance income	236	184	464	364
Gain on sale of loans	763	769	1,841	2,078
Other income	323	467	665	795
Total noninterest income	2,485	2,657	5,430	5,678
Noninterest expense:
Salaries and employee benefits	9,225	8,675	18,443	17,603
Occupancy and equipment	2,300	1,919	4,658	3,815
Professional fees	973	772	2,057	1,504
Marketing and business promotion	318	203	637	575
Data processing	495	380	897	792
Director fees and expenses	221	217	453	397
Regulatory assessments	327	382	625	537
Other expense	1,316	1,079	3,757	2,158
Total noninterest expense	15,175	13,627	31,527	27,381
Income before income taxes	8,786	10,550	15,288	25,009
Income tax expense	2,505	3,073	4,322	7,235
Net income	6,281	7,477	10,966	17,774
Preferred stock dividends	142	0	142	0
Net income available to common shareholders	$ 6,139	$ 7,477	$ 10,824	$ 17,774
Earnings per common share, basic (in dollars per share)	$ 0.43	$ 0.52	$ 0.76	$ 1.24
Earnings per common share, diluted (in dollars per share)	$ 0.43	$ 0.52	$ 0.75	$ 1.22
Weighted-average common shares outstanding, basic (in shares)	14,237,083	14,271,200	14,236,251	14,344,769
Weighted-average common shares outstanding, diluted (in shares)	14,312,949	14,356,776	14,323,171	14,468,981

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 6,281	$ 7,477	$ 10,966	$ 17,774
Other comprehensive loss:
Unrealized loss on securities available-for-sale arising during the period	(102)	(2,340)	(1,729)	(312)
Income tax benefit related to items of other comprehensive loss	30	691	502	92
Total other comprehensive loss, net of tax	(72)	(1,649)	(1,227)	(220)
Total comprehensive income	$ 6,209	$ 5,828	$ 9,739	$ 17,554

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	17,774							17,774
Other comprehensive loss, net of tax	(220)										(220)
Repurchase of common stock (in shares)						(385,381)
Repurchase of common stock	(6,845)					$ (6,845)
Share-based compensation expense	233					$ 233
Stock options exercised (in shares)						78,797
Stock options exercised	667					$ 667
Cash dividends declared on common stock	(4,754)							(4,754)
Ending balance, preferred stock (in shares) at Jun. 30, 2023				69,141
Ending balance, common stock (in shares) at Jun. 30, 2023						14,318,890
Ending balance at Jun. 30, 2023	340,411			$ 69,141		$ 143,686		138,315			(10,731)
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)
Beginning balance, preferred stock (in shares) at Mar. 31, 2023				69,141
Beginning balance, common stock (in shares) at Mar. 31, 2023						14,297,870
Beginning balance at Mar. 31, 2023	336,830			$ 69,141		$ 143,356		133,415			(9,082)
Comprehensive income (loss)
Net income	7,477							7,477
Other comprehensive loss, net of tax	(1,649)										(1,649)
Share-based compensation expense	113					$ 113
Stock options exercised (in shares)						21,020
Stock options exercised	217					$ 217
Cash dividends declared on common stock	(2,577)							(2,577)
Ending balance, preferred stock (in shares) at Jun. 30, 2023				69,141
Ending balance, common stock (in shares) at Jun. 30, 2023						14,318,890
Ending balance at Jun. 30, 2023	$ 340,411			$ 69,141		$ 143,686		138,315			(10,731)
Beginning balance, preferred stock (in shares) at Dec. 31, 2023	69,141			69,141
Beginning balance, common stock (in shares) at Dec. 31, 2023	14,260,440					14,260,440
Beginning balance at Dec. 31, 2023	$ 348,872			$ 69,141		$ 142,563		146,092			(8,924)
Comprehensive income (loss)
Net income	10,966							10,966
Other comprehensive loss, net of tax	$ (1,227)										(1,227)
Forfeiture of restricted stock (in shares)						(420)
Repurchase of common stock (in shares)	(14,947)					(14,947)
Repurchase of common stock	$ (222)					$ (222)
Share-based compensation expense	$ 265					$ 265
Stock options exercised (in shares)	8,951					8,951
Stock options exercised	$ 92					$ 92
Preferred stock dividends	(142)							(142)
Cash dividends declared on common stock	$ (5,135)							(5,135)
Ending balance, preferred stock (in shares) at Jun. 30, 2024	69,141			69,141
Ending balance, common stock (in shares) at Jun. 30, 2024	14,254,024					14,254,024
Ending balance at Jun. 30, 2024	$ 353,469			$ 69,141		$ 142,698		151,781			(10,151)
Beginning balance, preferred stock (in shares) at Mar. 31, 2024				69,141
Beginning balance, common stock (in shares) at Mar. 31, 2024						14,263,791
Beginning balance at Mar. 31, 2024	350,005			$ 69,141		$ 142,734		148,209			(10,079)
Comprehensive income (loss)
Net income	6,281							6,281
Other comprehensive loss, net of tax	(72)										(72)
Forfeiture of restricted stock (in shares)						(420)
Repurchase of common stock (in shares)						(14,947)
Repurchase of common stock	(222)					$ (222)
Share-based compensation expense	$ 129					$ 129
Stock options exercised (in shares)	5,600					5,600
Stock options exercised	$ 57					$ 57
Preferred stock dividends	(142)							(142)
Cash dividends declared on common stock	$ (2,567)							(2,567)
Ending balance, preferred stock (in shares) at Jun. 30, 2024	69,141			69,141
Ending balance, common stock (in shares) at Jun. 30, 2024	14,254,024					14,254,024
Ending balance at Jun. 30, 2024	$ 353,469			$ 69,141		$ 142,698		$ 151,781			$ (10,151)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) (Unaudited) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.18	$ 0.18	$ 0.36	$ 0.33

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Net income	$ 10,966	$ 17,774
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment	1,101	1,131
Net amortization of premiums on securities	82	116
Net accretion of discounts on loans	(1,364)	(1,422)
Net accretion of deferred loan fees	(673)	(422)
Amortization of servicing assets	893	873
Provision (reversal) for credit losses	1,349	(2,581)
Bank-owned life insurance income	(464)	(364)
Deferred tax expense (benefit)	813	(353)
Stock-based compensation	265	233
Gain on sale of loans	(1,841)	(2,078)
Originations of loans held-for-sale	(32,437)	(38,293)
Proceeds from sales of and principal collected on loans held-for-sale	37,052	46,793
Change in accrued interest receivable and other assets	(906)	4,545
Change in accrued interest payable and other liabilities	8,040	8,674
Net cash provided by operating activities	22,876	34,626
Cash flows from investing activities
Purchase of securities available-for-sale	(14,774)	(5,931)
Proceeds from maturities and paydowns of securities available-for-sale	8,277	8,693
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	(124,632)	(59,758)
Purchase of loans held-for-investment	0	(15,741)
Purchase of Federal Home Loan Bank stock	(1,326)	(2,533)
Proceeds from sale of other real estate owned	2,571	0
Purchases of premises and equipment	(4,000)	(632)
Net cash used in investing activities	(133,884)	(70,828)
Cash flows from financing activities
Net change in deposits	54,642	142,249
Net change in short-term Federal Home Loan Bank advances and other borrowings	36,000	(20,000)
Proceeds from long-term Federal Home Loan Bank advances	50,000	0
Repayment of long-term Federal Home Loan Bank advances	(89,000)	0
Stock options exercised	92	667
Repurchase of common stock	(222)	(6,845)
Cash dividends paid on preferred stock	(81)	0
Cash dividends paid on common stock	(5,135)	(4,754)
Net cash provided by financing activities	46,296	111,317
Net increase (decrease) in cash and cash equivalents	(64,712)	75,115
Cash and cash equivalents at beginning of period	242,342	147,031
Cash and cash equivalents at end of period	177,630	222,146
Supplemental disclosures of cash flow information:
Interest paid	42,138	17,299
Income taxes paid	2,407	1,706
Supplemental disclosures of non-cash investment activities:
Right of use assets obtained in exchange for lease obligations	$ 0	$ 226

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 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. As of June 30, 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 and six months ended June 30, 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 June 30, 2024 and December 31, 2023, and for the three and six months ended June 30, 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 six months ended June 30, 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 require 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	6 Months Ended
	Jun. 30, 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 June 30, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 110,953 $ — $ 110,953 Residential collateralized mortgage obligations — 22,709 — 22,709 SBA loan pool securities — 6,685 — 6,685 Municipal bonds — 3,232 — 3,232 Corporate bonds — 4,430 — 4,430 Total securities available-for-sale — 148,009 — 148,009 Total assets measured at fair value on a recurring basis $ — $ 148,009 $ — $ 148,009 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 June 30, 2024 Loans individually evaluated: Business property $ — $ — $ 1,490 $ 1,490 Commercial and industrial $ — $ — $ 18 $ 18 Total loans individually evaluated — — 1,508 1,508 Total assets measured at fair value on a non-recurring basis $ — $ — $ 1,508 $ 1,508 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) Weighted-Average June 30, 2024 Loans individually evaluated: Business property $ 1,490 Fair value of collateral Selling cost 6% Commercial and industrial 18 Discounted cash flow 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Loans individually evaluated: Business property $ 31 $ (3) $ 44 $ (32) Commercial and industrial 32 — 32 1,074 Net gains recognized $ 63 $ (3) $ 76 $ 1,042 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 June 30, 2024 Financial assets: Interest-bearing deposits in other financial institutions $ 154,383 $ 154,383 $ 154,383 $ — $ — Securities available-for-sale 148,009 148,009 — 148,009 — Loans held-for-sale 2,959 3,192 — 3,192 — Net loans held-for-investment 2,420,327 2,353,215 — — 2,353,215 Federal Home Loan Bank (“FHLB”) and other restricted stock 14,042 N/A N/A N/A N/A Accrued interest receivable 10,464 10,464 93 561 9,810 Financial liabilities: Deposits $ 2,406,254 $ 2,408,734 $ — $ — $ 2,408,734 Other short-term borrowings 4,000 4,000 — 4,000 — FHLB advances 32,000 32,000 — 32,000 — Accrued interest payable 21,680 21,680 — 17 21,663 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	6 Months Ended
	Jun. 30, 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 June 30, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 122,917 $ 143 $ (12,107) $ 110,953 Residential collateralized mortgage obligations 24,309 2 (1,602) 22,709 SBA loan pool securities 7,056 3 (374) 6,685 Municipal bonds 3,308 1 (77) 3,232 Corporate bonds 5,000 — (570) 4,430 Total securities available-for-sale $ 162,590 $ 149 $ (14,730) $ 148,009 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 June 30, 2024 and December 31, 2023, pledged securities were $73.4 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 $561 thousand and $513 thousand at June 30, 2024 and December 31, 2023, respectively. As of June 30, 2024 and December 31, 2023, there were no holdings of securities available-for-sale of any one issuer, other than the U.S. government agency and U.S. government sponsored enterprise, in an amount greater than 10% of shareholder’s equity. The following table presents the amortized cost and fair value of the securities available-for-sale by contractual maturity as of the date indicated. Expected maturities may differ from contractual maturities, if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. June 30, 2024 ($ in thousands) Amortized Cost Fair Value Within one year $ 861 $ 861 One to five years 82 78 Five to ten years 6,096 5,486 Greater than ten years 1,269 1,237 Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities 154,282 140,347 Total $ 162,590 $ 148,009 The Company had no proceeds from sales and calls of securities available-for-sale for the three and six months ended June 30, 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 June 30, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 9,690 $ (138) 8 $ 80,645 $ (11,969) 114 $ 90,335 $ (12,107) 122 Residential collateralized mortgage obligations 2,020 (23) 1 14,308 (1,579) 36 16,328 (1,602) 37 SBA loan pool securities — — — 5,976 (374) 14 5,976 (374) 14 Municipal bonds 1,831 (73) 5 439 (4) 2 2,270 (77) 7 Corporate bonds — — — 4,430 (570) 1 4,430 (570) 1 Total securities available-for-sale $ 13,541 $ (234) 14 $ 105,798 $ (14,496) 167 $ 119,339 $ (14,730) 181 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 June 30, 2024, 94.9%, 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 June 30, 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 June 30, 2024. As of June 30, 2024, the Company recorded no ACL on securities available-for-sale.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses on Loans	6 Months Ended
	Jun. 30, 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) June 30, 2024 December 31, 2023 Commercial real estate: Commercial property $ 852,677 $ 855,270 Business property 572,643 558,772 Multifamily 177,657 132,500 Construction 28,316 24,843 Total commercial real estate 1,631,293 1,571,385 Commercial and industrial 417,333 342,002 Consumer: Residential mortgage 384,905 389,420 Other consumer 15,543 20,645 Total consumer 400,448 410,065 Loans held-for-investment 2,449,074 2,323,452 Allowance for credit losses on loans (28,747) (27,533) Net loans held-for-investment $ 2,420,327 $ 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Provision (reversal) for credit losses on loans $ 329 $ 157 $ 1,251 $ (2,260) Provision (reversal) for credit losses on off-balance sheet credit exposures (70) 40 98 (321) Total provision (reversal) for credit losses $ 259 $ 197 $ 1,349 $ (2,581) The following tables present 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 April 1, 2024 $ 12,119 $ 4,814 $ 1,315 $ 109 $ 7,588 $ 2,334 $ 53 $ 28,332 Charge-offs — — — — — — — — Recoveries — — — — 70 — 16 86 Provision (reversal) for credit losses on loans (219) 34 346 22 (472) 623 (5) 329 Balance at June 30, 2024 $ 11,900 $ 4,848 $ 1,661 $ 131 $ 7,186 $ 2,957 $ 64 $ 28,747 Balance at April 1, 2023 $ 8,476 $ 6,069 $ 1,381 $ 156 $ 7,314 $ 1,214 $ 84 $ 24,694 Charge-offs — (4) — — — — (3) (7) Recoveries — 1 — — 7 — 15 23 Provision (reversal) for credit losses on loans 1,125 11 (122) (31) (808) 2 (20) 157 Balance at June 30, 2023 $ 9,601 $ 6,077 $ 1,259 $ 125 $ 6,513 $ 1,216 $ 76 $ 24,867 ($ 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 — — 79 — 67 148 Provision (reversal) for credit losses on loans (765) 107 220 (4) 1,017 731 (55) 1,251 Balance at June 30, 2024 $ 11,900 $ 4,848 $ 1,661 $ 131 $ 7,186 $ 2,957 $ 64 $ 28,747 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 — (4) — — — — (3) (7) Recoveries — 6 — — 1,092 — 27 1,125 Provision (reversal) for credit losses on loans 2,861 (570) (131) (26) (4,425) 59 (28) (2,260) Balance at June 30, 2023 $ 9,601 $ 6,077 $ 1,259 $ 125 $ 6,513 $ 1,216 $ 76 $ 24,867 The increase in overall ACL for the three and six months ended June 30, 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 June 30, 2024 and gross write offs for the six months ended June 30, 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 June 30, 2024 Commercial Real Estate: Commercial property Pass $ 51,035 $ 147,023 $ 263,306 $ 153,585 $ 78,300 $ 141,429 $ 14,221 $ 390 $ 849,289 Special mention — — — — — — — — — Substandard — 137 418 130 — 2,703 — — 3,388 Doubtful — — — — — — — — — Total $ 51,035 $ 147,160 $ 263,724 $ 153,715 $ 78,300 $ 144,132 $ 14,221 $ 390 $ 852,677 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Business property Pass $ 42,114 $ 100,512 $ 97,823 $ 155,061 $ 46,835 $ 116,395 $ 1,912 $ 3,802 $ 564,454 Special mention — — 5,080 — — — — — 5,080 Substandard — — 620 194 501 1,794 — — 3,109 Doubtful — — — — — — — — — Total $ 42,114 $ 100,512 $ 103,523 $ 155,255 $ 47,336 $ 118,189 $ 1,912 $ 3,802 $ 572,643 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Multifamily Pass $ 10,065 $ 53,077 $ 40,248 $ 38,848 $ 26,141 $ 6,240 $ 1,000 $ — $ 175,619 Special mention — — — — — — — — — Substandard — — — 2,038 — — — — 2,038 Doubtful — — — — — — — — — Total $ 10,065 $ 53,077 $ 40,248 $ 40,886 $ 26,141 $ 6,240 $ 1,000 $ — $ 177,657 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass $ 18 $ 9,291 $ 11,507 $ — $ 7,500 $ — $ — $ — $ 28,316 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 18 $ 9,291 $ 11,507 $ — $ 7,500 $ — $ — $ — $ 28,316 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 June 30, 2024 (Continued) Commercial and Industrial Pass $ 19,252 $ 36,685 $ 24,054 $ 10,561 $ 3,806 $ 10,130 $ 309,255 $ 3,478 $ 417,221 Special mention — — — — — — — — — Substandard — — — — — 112 — — 112 Doubtful — — — — — — — — — Total $ 19,252 $ 36,685 $ 24,054 $ 10,561 $ 3,806 $ 10,242 $ 309,255 $ 3,478 $ 417,333 Current period gross write offs $ — $ — $ — $ — $ — $ 5 $ — $ 150 $ 155 Consumer Residential mortgage Pass $ 12,803 $ 76,069 $ 156,700 $ 75,401 $ 11,017 $ 51,815 $ — $ — $ 383,805 Special mention — — — — — — — — — Substandard — — — 676 — 424 — — 1,100 Doubtful — — — — — — — — — Total $ 12,803 $ 76,069 $ 156,700 $ 76,077 $ 11,017 $ 52,239 $ — $ — $ 384,905 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Other consumer Pass $ 93 $ 3,824 $ 5,783 $ 2,301 $ 800 $ 148 $ 2,589 $ — $ 15,538 Special mention — — — — — — — — — Substandard — — — — 5 — — — 5 Doubtful — — — — — — — — — Total $ 93 $ 3,824 $ 5,783 $ 2,301 $ 805 $ 148 $ 2,589 $ — $ 15,543 Current period gross write offs $ — $ 12 $ 15 $ — $ 3 $ — $ — $ — $ 30 Total loans held-for-investment Pass $ 135,380 $ 426,481 $ 599,421 $ 435,757 $ 174,399 $ 326,157 $ 328,977 $ 7,670 $ 2,434,242 Special mention — — 5,080 — — — — — 5,080 Substandard — 137 1,038 3,038 506 5,033 — — 9,752 Doubtful — — — — — — — — — Total $ 135,380 $ 426,618 $ 605,539 $ 438,795 $ 174,905 $ 331,190 $ 328,977 $ 7,670 $ 2,449,074 Current period gross write offs $ — $ 12 $ 15 $ — $ 3 $ 5 $ — $ 150 $ 185 The following table summarizes 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 June 30, 2024 Commercial real estate: Commercial property $ 1,804 $ — $ — $ 1,804 $ — Business property 2,440 1,798 308 2,440 308 Multifamily 2,038 — — 2,038 — Total commercial real estate 6,282 1,798 308 6,282 308 Commercial and industrial 112 50 32 61 — Consumer: Residential mortgage 1,100 — — 1,100 — Other consumer 6 6 — — — Total consumer 1,106 6 — 1,100 — Total $ 7,500 $ 1,854 $ 340 $ 7,443 $ 308 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 June 30, 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 Car Wash Retail Apartment Single Family Residential Other Total June 30, 2024 Commercial real estate: Commercial property $ 1,804 $ — $ — $ — $ — $ — $ — $ 1,804 Business property — 501 1,060 842 — — 37 2,440 Multifamily — — — — 2,038 — — 2,038 Total commercial real estate 1,804 501 1,060 842 2,038 — 37 6,282 Commercial and industrial 12 — — — — 49 — 61 Consumer: Residential mortgage — — — — — 1,100 — 1,100 Total consumer — — — — — 1,100 — 1,100 Total $ 1,816 $ 501 $ 1,060 $ 842 $ 2,038 $ 1,149 $ 37 $ 7,443 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 June 30, 2024 Commercial real estate: Commercial property $ 497 $ — $ — $ 497 $ 628 $ — $ 279 $ 907 $ 1,404 Business property 519 — — 519 — — 761 761 1,280 Multifamily — — — — — 2,038 — 2,038 2,038 Total commercial real estate 1,016 — — 1,016 628 2,038 1,040 3,706 4,722 Commercial and industrial 353 — — 353 56 — — 56 409 Consumer: Residential mortgage 809 — — 809 — 424 676 1,100 1,909 Other consumer 67 41 — 108 5 — — 5 113 Total consumer 876 41 — 917 5 424 676 1,105 2,022 Total $ 2,245 $ 41 $ — $ 2,286 $ 689 $ 2,462 $ 1,716 $ 4,867 $ 7,153 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 tables present loans that the borrowers were both experiencing financial difficulty and modified during the periods indicated by loan segments and modification type: Three Months Ended ($ in thousands) Interest Only Total Percentage to Each Loan Segment June 30, 2024 Commercial real estate: Commercial property $ 548 $ 548 0.1 % Business property 1,061 1,061 0.2 % Total commercial real estate 1,609 1,609 0.1 % Total $ 1,609 $ 1,609 0.1 % June 30, 2023 Commercial and industrial $ 11 $ 11 0.1 % Total $ 11 $ 11 0.1 % Six Months Ended ($ in thousands) Interest Only Total Percentage to Each Loan Segment June 30, 2024 Commercial real estate: Commercial property $ 548 $ 548 0.1 % Business property 1,061 1,061 0.2 % Total commercial real estate 1,609 1,609 0.1 % Commercial and industrial $ 44 $ 44 0.1 % Total $ 1,653 $ 1,653 0.1 % June 30, 2023 Commercial and industrial $ 11 $ 11 0.1 % Total $ 11 $ 11 0.1 % The Company had no commitments to lend to any borrower included in the above table as of June 30, 2024. The loans were nonaccrual status as of June 30, 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 and six months ended June 30, 2024 or 2023. The Company had no loans that were transferred from loans held-for-sale to loans held-for investment during three and six months ended June 30, 2024 or 2023. The following table presents a summary of purchases of loans held-for-investment for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 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) June 30, 2024 December 31, 2023 Commercial real estate: Commercial property $ 750 $ — Business property 150 2,802 Total commercial real estate 900 2,802 Commercial and industrial 2,059 2,353 Total $ 2,959 $ 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	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 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 $593 thousand, of which its guaranteed portion was previously sold. The Company’s exposure was 25% of the OREO and the SBA was entitled to 75% of the sale price upon the sale of property. The Company sold the property during the three months ended March 31, 2024. The following table presents activity in OREO valuation allowance for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 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 six months ended June 30, 2024.

Servicing Assets

Servicing Assets	6 Months Ended
	Jun. 30, 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 $13.6 million and $16.8 million, respectively, with the servicing rights retained and recognized a net gain on sale of $0.8 million and $0.8 million, respectively, during the three months ended June 30, 2024 and 2023. During the six months ended June 30, 2024 and 2023, the Company sold loans of $33.0 million and $43.9 million, respectively, with the servicing rights retained and recognized a net gain on sale of $1.8 million and $2.1 million, respectively. Loan servicing income was $799 thousand and $868 thousand, respectively, for the three months ended June 30, 2024 and 2023, and $1.7 million and $1.7 million, respectively, for the six months ended June 30, 2024 and 2023. The following table presents the composition of servicing assets with key assumptions used to estimate the fair value as of the dates indicated: June 30, 2024 December 31, 2023 ($ in thousands) Residential Mortgage CRE SBA C&I SBA Total Residential Mortgage CRE SBA C&I SBA Total Carrying amount $ 45 $ 5,656 $ 504 $ 6,205 $ 49 $ 6,135 $ 482 $ 6,666 Fair value $ 99 $ 7,681 $ 757 $ 8,537 $ 104 $ 8,284 $ 728 $ 9,116 Discount rate 7.85 % 12.14 % 15.85 % 9.93 % 12.30 % 15.46 % Prepayment speed 13.79 % 18.76 % 14.79 % 12.75 % 16.71 % 13.97 % Weighted-average remaining life 19.3 years 20.8 years 7.2 years 19.8 years 21.0 years 7.1 years Underlying loans being serviced $ 9,956 $ 453,823 $ 63,679 $ 527,458 $ 10,666 $ 461,300 $ 60,265 $ 532,231 The following tables present activity in servicing assets for the periods indicated: Three Months Ended June 30, 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 $ 47 $ 5,985 $ 512 $ 6,544 $ 57 $ 6,842 $ 446 $ 7,345 Additions — 143 37 180 — 212 35 247 Amortization (2) (472) (45) (519) (2) (399) (49) (450) Balance at end of period $ 45 $ 5,656 $ 504 $ 6,205 $ 55 $ 6,655 $ 432 $ 7,142 Six Months Ended June 30, 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 — 320 112 432 — 588 80 668 Amortization (4) (799) (90) (893) (9) (764) (100) (873) Balance at end of period $ 45 $ 5,656 $ 504 $ 6,205 $ 55 $ 6,655 $ 432 $ 7,142

Operating Leases

Operating Leases	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Operating lease cost (1) $ 884 $ 746 $ 1,827 $ 1,493 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 853 $ 818 $ 1,728 $ 1,631 Right of use assets obtained in exchange for lease obligations $ — $ 31 $ — $ 226 (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) June 30, 2024 December 31, 2023 Operating leases: Operating lease assets $ 17,609 $ 18,913 Operating lease liabilities $ 18,939 $ 20,137 Weighted-average remaining lease term 8.0 years 8.3 years Weighted-average discount rate 4.69 % 4.63 % The following table presents maturities of operating lease liabilities as of the date indicated: ($ in thousands) June 30, 2024 Maturities: 2024 $ 1,711 2025 3,301 2026 2,932 2027 2,543 2028 2,416 After 2028 10,695 Total lease payment 23,598 Imputed Interest (4,659) Present value of operating lease liabilities $ 18,939

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances and Other Borrowings	6 Months Ended
	Jun. 30, 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 an overnight FHLB advance of $32.0 million with an interest rate of 5.65% as of June 30, 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 Company repaid the advance upon maturity. At June 30, 2024 and December 31, 2023, loans pledged to secure borrowings from the FHLB were $967.0 million and $1.04 billion, respectively. The Company’s investment in capital stock of the FHLB of San Francisco totaled $13.9 million and $12.5 million at June 30, 2024 and December 31, 2023, respectively. The Company had additional borrowing capacity of $665.6 million and $603.0 million from the FHLB as of June 30, 2024 and December 31, 2023, respectively. Federal Reserve Discount Window The Company had $574.4 million of unused borrowing capacity from the Federal Reserve Discount Window, to which the Company pledged loans with a carrying value of $716.2 million with no outstanding borrowings at June 30, 2024. Overnight Federal Funds Lines The Company maintains overnight federal funds lines with correspondent financial institutions. The Company had an overnight borrowing of $4.0 million with an interest rate of 5.65% and unused borrowing capacity of approximately $61.0 million at June 30, 2024.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 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 accrued no dividend for the first 24 months following the investment date. Beginning on May 24, 2024, holders of the Series C Preferred Stock are entitled to quarterly non-cumulative cash dividends as declared by the Company’s Board of Directors. The Series C Preferred Stock dividend rate adjusts annually 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 terms of the Series C Preferred Stock prohibit the Company from paying dividends on or repurchasing shares of its common stock unless it has paid or contemporaneously pays the full Series C Preferred Stock dividend with respect to the preceding quarterly dividend period. 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 paid the initial quarterly dividend of at an annualized rate of 2% beginning in the three months ended June 30, 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. During the six months ended June 30, 2024, the Company repurchased and retired 14,947 shares of common stock at a weighted-average price of $14.88 per share. As of June 30, 2024, the Company was authorized to purchase 577,777 additional shares under the 2023 stock repurchase program. On July 25, 2024, the Company announced the amendment of the 2023 stock repurchase program, which extended the program expiration from August 2, 2024 to August 1, 2025.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 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 June 30, 2024, there were 489,300 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Share-based compensation expense related to: Stock options $ 72 $ 27 $ 144 $ 63 Restricted stock awards 57 86 121 170 Total share-based compensation expense $ 129 $ 113 $ 265 $ 233 Related tax benefits $ 29 $ 25 $ 63 $ 50 The following table presents unrecognized share-based compensation expense as of the date indicated: June 30, 2024 ($ in thousands) Unrecognized Expense Weighted-Average Remaining Expected Recognition Period Unrecognized share-based compensation expense related to: Stock options $ 640 2.4 years Restricted stock awards 338 2.3 years Total unrecognized share-based compensation expense $ 978 2.4 years Stock Options The following tables represent stock option activity for the periods indicated: Three Months Ended June 30, 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 611,364 $ 13.91 5.5 years $ 1,477 Exercised (5,600) $ 10.33 1.0 years Outstanding at end of period 605,764 $ 13.95 5.2 years $ 1,413 Exercisable at end of period 350,764 $ 12.53 2.6 years $ 1,316 Six Months Ended June 30, 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 (8,951) $ 10.33 1.3 years Outstanding at end of period 605,764 $ 13.95 5.2 years $ 1,413 Exercisable at end of period 350,764 $ 12.53 2.6 years $ 1,316 The following table represents information regarding unvested stock options for the periods indicated: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Number of Shares Weighted-Average Exercise Price Per Share Number of Shares Weighted-Average Exercise Price Per Share Outstanding at beginning of period 255,000 $ 15.90 271,000 $ 15.85 Vested — $ — (16,000) $ 14.96 Outstanding at end of period 255,000 $ 15.90 255,000 $ 15.90 Restricted Stock Awards The following table represents restricted stock award activity for the periods indicated: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Number of Shares Weighted-Average Grant Date Fair Value Per Share Number of Shares Weighted-Average Grant Date Fair Value Per Share Outstanding at beginning of period 25,400 $ 19.84 41,661 $ 17.53 Vested — $ — (16,261) $ 13.93 Forfeited (420) $ 15.97 (420) $ 15.97 Outstanding at end of period 24,980 $ 19.90 24,980 $ 19.90

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense was $2.5 million and $3.1 million, respectively, and the effective tax rate was 28.5% and 29.1%, respectively, for the three months ended June 30, 2024 and 2023. For six months ended June 30, 2024 and 2023, income tax expense was $4.3 million and $7.2 million, respectively, and the effective tax rate was 28.3% and 28.9%, respectively. At June 30, 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 June 30, 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	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Earnings per share (“EPS”) is computed under the two-class method. Net income allocated to common stock is computed by subtracting income allocated to unvested restricted stock from net income available to common shareholders. Income allocated to unvested restricted stock includes cash dividends paid and undistributed income available to holders of unvested restricted stock, if any. Basic EPS is computed by dividing net income allocated to common stock by the weighted-average common shares outstanding excluding the weighted-average unvested restricted stock. Diluted EPS is computed by dividing net income allocated to common stock by the weighted-average common stock outstanding, excluding the weighted-average unvested restricted stock, adjusted for the dilutive effect of stock options. The following table presents the computations of basic and diluted EPS for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, ($ in thousands, except per share) 2024 2023 2024 2023 Basic earnings per share: Net income available to common shareholders $ 6,139 $ 7,477 $ 10,824 $ 17,774 Less: income allocated to unvested restricted stock (11) (24) (20) (57) Net income allocated to common stock $ 6,128 $ 7,453 $ 10,804 $ 17,717 Weighted-average total common shares outstanding 14,262,269 14,316,961 14,262,252 14,390,986 Less: weighted-average unvested restricted stock (25,186) (45,761) (26,001) (46,217) Weighted-average common shares outstanding, basic 14,237,083 14,271,200 14,236,251 14,344,769 Basic earnings per share $ 0.43 $ 0.52 $ 0.76 $ 1.24 Diluted earnings per share: Net income allocated to common stock $ 6,128 $ 7,453 $ 10,804 $ 17,717 Weighted-average common shares outstanding, basic 14,237,083 14,271,200 14,236,251 14,344,769 Diluted effect of stock options 75,866 85,576 86,920 124,212 Weighted-average common shares outstanding, diluted 14,312,949 14,356,776 14,323,171 14,468,981 Diluted earnings per share $ 0.43 $ 0.52 $ 0.75 $ 1.22 There were 286,700 and 187,100 stock options excluded in computing diluted EPS because they were anti-dilutive for three months ended June 30, 2024 and 2023, respectively. For the six months ended June 30, 2024 and 2023, there were 263,000 and 93,700 stock options excluded in computing diluted EPS because they were anti-dilutive, respectively.

Off-Balance Sheet Credit Exposu

Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies	6 Months Ended
	Jun. 30, 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: June 30, 2024 December 31, 2023 ($ in thousands) Fixed Rate Variable Rate Fixed Rate Variable Rate Unused lines of credit $ 12,804 $ 323,317 $ 2,808 $ 347,652 Unfunded loan commitments 5,192 41,746 4,020 47,038 Standby letters of credit 5,158 1,516 4,638 1,786 Commercial letters of credit — 135 — 160 Total $ 23,154 $ 366,714 $ 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 June 30, 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 issued an order granting final approval on June 20, 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	6 Months Ended
	Jun. 30, 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 June 30, 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 $3 billion asset level, it will be subject to consolidated capital requirements under the Basel III rules independent of the Bank. For comparison purposes, the Company’s ratios are included in the following discussion as well, all of which would have exceeded the “well-capitalized” level had the Company been subject to separate capital minimums. The Company and the Bank’s capital conservation buffer was 7.41% and 7.60%, respectively, as of June 30, 2024, and 7.73% and 8.07%, respectively, as of December 31, 2023. Unrealized gain or loss on securities available-for-sale is not included in computing regulatory capital. The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated: Actual Minimum Capital Requirement To Be Well Capitalized Under Prompt Corrective Provisions ($ in thousands) Amount Ratio Amount Ratio Amount Ratio June 30, 2024 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 293,975 11.91 % $ 111,047 4.5 % N/A N/A Total capital (to risk-weighted assets) 393,238 15.94 % 197,417 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 363,116 14.71 % 148,063 6.0 % N/A N/A Tier 1 capital (to average assets) 363,116 12.66 % 114,736 4.0 % N/A N/A PCB Bank Common tier 1 capital (to risk-weighted assets) $ 354,851 14.38 % $ 111,045 4.5 % $ 160,399 6.5 % Total capital (to risk-weighted assets) 384,974 15.60 % 197,414 8.0 % 246,767 10.0 % Tier 1 capital (to risk-weighted assets) 354,851 14.38 % 148,060 6.0 % 197,414 8.0 % Tier 1 capital (to average assets) 354,851 12.37 % 114,734 4.0 % 143,417 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 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	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Noninterest income in-scope of Topic 606 Service charges and fees on deposits: Monthly service fees $ 19 $ 26 $ 50 $ 52 Account analysis fees 231 235 465 460 Non-sufficient funds charges 87 88 176 160 Other deposit related fees 27 20 51 41 Total service charges and fees on deposits 364 369 742 713 Debit card fees 18 78 99 151 Gain (loss) on sale of other real estate owned — — 13 — Wire transfer fees 165 161 306 305 Other service charges 58 55 116 103 Total $ 605 $ 663 $ 1,276 $ 1,272

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Dividend Declared on Common Stock On July 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 August 16, 2024, to shareholders of record as of the close of business on August 9, 2024. Extension of Stock Repurchase Program On July 25, 2023, the Company announced the amendment of the 2023 stock repurchase program, which extended the program expiration from August 2, 2024 to August 1, 2025.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net income	$ 6,281	$ 7,477	$ 10,966	$ 17,774

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 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)	6 Months Ended
	Jun. 30, 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 and six months ended June 30, 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 June 30, 2024 and December 31, 2023, and for the three and six months ended June 30, 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 six months ended June 30, 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 require 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)	6 Months Ended
	Jun. 30, 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 June 30, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ — $ 110,953 $ — $ 110,953 Residential collateralized mortgage obligations — 22,709 — 22,709 SBA loan pool securities — 6,685 — 6,685 Municipal bonds — 3,232 — 3,232 Corporate bonds — 4,430 — 4,430 Total securities available-for-sale — 148,009 — 148,009 Total assets measured at fair value on a recurring basis $ — $ 148,009 $ — $ 148,009 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 June 30, 2024 Loans individually evaluated: Business property $ — $ — $ 1,490 $ 1,490 Commercial and industrial $ — $ — $ 18 $ 18 Total loans individually evaluated — — 1,508 1,508 Total assets measured at fair value on a non-recurring basis $ — $ — $ 1,508 $ 1,508 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Loans individually evaluated: Business property $ 31 $ (3) $ 44 $ (32) Commercial and industrial 32 — 32 1,074 Net gains recognized $ 63 $ (3) $ 76 $ 1,042
Schedule of 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) Weighted-Average June 30, 2024 Loans individually evaluated: Business property $ 1,490 Fair value of collateral Selling cost 6% Commercial and industrial 18 Discounted cash flow 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 June 30, 2024 Financial assets: Interest-bearing deposits in other financial institutions $ 154,383 $ 154,383 $ 154,383 $ — $ — Securities available-for-sale 148,009 148,009 — 148,009 — Loans held-for-sale 2,959 3,192 — 3,192 — Net loans held-for-investment 2,420,327 2,353,215 — — 2,353,215 Federal Home Loan Bank (“FHLB”) and other restricted stock 14,042 N/A N/A N/A N/A Accrued interest receivable 10,464 10,464 93 561 9,810 Financial liabilities: Deposits $ 2,406,254 $ 2,408,734 $ — $ — $ 2,408,734 Other short-term borrowings 4,000 4,000 — 4,000 — FHLB advances 32,000 32,000 — 32,000 — Accrued interest payable 21,680 21,680 — 17 21,663 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)	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of 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 June 30, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 122,917 $ 143 $ (12,107) $ 110,953 Residential collateralized mortgage obligations 24,309 2 (1,602) 22,709 SBA loan pool securities 7,056 3 (374) 6,685 Municipal bonds 3,308 1 (77) 3,232 Corporate bonds 5,000 — (570) 4,430 Total securities available-for-sale $ 162,590 $ 149 $ (14,730) $ 148,009 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
Schedule of 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. June 30, 2024 ($ in thousands) Amortized Cost Fair Value Within one year $ 861 $ 861 One to five years 82 78 Five to ten years 6,096 5,486 Greater than ten years 1,269 1,237 Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities 154,282 140,347 Total $ 162,590 $ 148,009
Schedule of 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 June 30, 2024 Securities available-for-sale: U.S. government agency and U.S. government sponsored enterprise securities: Residential mortgage-backed securities $ 9,690 $ (138) 8 $ 80,645 $ (11,969) 114 $ 90,335 $ (12,107) 122 Residential collateralized mortgage obligations 2,020 (23) 1 14,308 (1,579) 36 16,328 (1,602) 37 SBA loan pool securities — — — 5,976 (374) 14 5,976 (374) 14 Municipal bonds 1,831 (73) 5 439 (4) 2 2,270 (77) 7 Corporate bonds — — — 4,430 (570) 1 4,430 (570) 1 Total securities available-for-sale $ 13,541 $ (234) 14 $ 105,798 $ (14,496) 167 $ 119,339 $ (14,730) 181 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)	6 Months Ended
	Jun. 30, 2024
Receivables [Abstract]
Schedule of 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) June 30, 2024 December 31, 2023 Commercial real estate: Commercial property $ 852,677 $ 855,270 Business property 572,643 558,772 Multifamily 177,657 132,500 Construction 28,316 24,843 Total commercial real estate 1,631,293 1,571,385 Commercial and industrial 417,333 342,002 Consumer: Residential mortgage 384,905 389,420 Other consumer 15,543 20,645 Total consumer 400,448 410,065 Loans held-for-investment 2,449,074 2,323,452 Allowance for credit losses on loans (28,747) (27,533) Net loans held-for-investment $ 2,420,327 $ 2,295,919
Schedule 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Provision (reversal) for credit losses on loans $ 329 $ 157 $ 1,251 $ (2,260) Provision (reversal) for credit losses on off-balance sheet credit exposures (70) 40 98 (321) Total provision (reversal) for credit losses $ 259 $ 197 $ 1,349 $ (2,581) The following tables present 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 April 1, 2024 $ 12,119 $ 4,814 $ 1,315 $ 109 $ 7,588 $ 2,334 $ 53 $ 28,332 Charge-offs — — — — — — — — Recoveries — — — — 70 — 16 86 Provision (reversal) for credit losses on loans (219) 34 346 22 (472) 623 (5) 329 Balance at June 30, 2024 $ 11,900 $ 4,848 $ 1,661 $ 131 $ 7,186 $ 2,957 $ 64 $ 28,747 Balance at April 1, 2023 $ 8,476 $ 6,069 $ 1,381 $ 156 $ 7,314 $ 1,214 $ 84 $ 24,694 Charge-offs — (4) — — — — (3) (7) Recoveries — 1 — — 7 — 15 23 Provision (reversal) for credit losses on loans 1,125 11 (122) (31) (808) 2 (20) 157 Balance at June 30, 2023 $ 9,601 $ 6,077 $ 1,259 $ 125 $ 6,513 $ 1,216 $ 76 $ 24,867 ($ 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 — — 79 — 67 148 Provision (reversal) for credit losses on loans (765) 107 220 (4) 1,017 731 (55) 1,251 Balance at June 30, 2024 $ 11,900 $ 4,848 $ 1,661 $ 131 $ 7,186 $ 2,957 $ 64 $ 28,747 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 — (4) — — — — (3) (7) Recoveries — 6 — — 1,092 — 27 1,125 Provision (reversal) for credit losses on loans 2,861 (570) (131) (26) (4,425) 59 (28) (2,260) Balance at June 30, 2023 $ 9,601 $ 6,077 $ 1,259 $ 125 $ 6,513 $ 1,216 $ 76 $ 24,867
Schedule 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 June 30, 2024 and gross write offs for the six months ended June 30, 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 June 30, 2024 Commercial Real Estate: Commercial property Pass $ 51,035 $ 147,023 $ 263,306 $ 153,585 $ 78,300 $ 141,429 $ 14,221 $ 390 $ 849,289 Special mention — — — — — — — — — Substandard — 137 418 130 — 2,703 — — 3,388 Doubtful — — — — — — — — — Total $ 51,035 $ 147,160 $ 263,724 $ 153,715 $ 78,300 $ 144,132 $ 14,221 $ 390 $ 852,677 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Business property Pass $ 42,114 $ 100,512 $ 97,823 $ 155,061 $ 46,835 $ 116,395 $ 1,912 $ 3,802 $ 564,454 Special mention — — 5,080 — — — — — 5,080 Substandard — — 620 194 501 1,794 — — 3,109 Doubtful — — — — — — — — — Total $ 42,114 $ 100,512 $ 103,523 $ 155,255 $ 47,336 $ 118,189 $ 1,912 $ 3,802 $ 572,643 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Multifamily Pass $ 10,065 $ 53,077 $ 40,248 $ 38,848 $ 26,141 $ 6,240 $ 1,000 $ — $ 175,619 Special mention — — — — — — — — — Substandard — — — 2,038 — — — — 2,038 Doubtful — — — — — — — — — Total $ 10,065 $ 53,077 $ 40,248 $ 40,886 $ 26,141 $ 6,240 $ 1,000 $ — $ 177,657 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Construction Pass $ 18 $ 9,291 $ 11,507 $ — $ 7,500 $ — $ — $ — $ 28,316 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 18 $ 9,291 $ 11,507 $ — $ 7,500 $ — $ — $ — $ 28,316 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 June 30, 2024 (Continued) Commercial and Industrial Pass $ 19,252 $ 36,685 $ 24,054 $ 10,561 $ 3,806 $ 10,130 $ 309,255 $ 3,478 $ 417,221 Special mention — — — — — — — — — Substandard — — — — — 112 — — 112 Doubtful — — — — — — — — — Total $ 19,252 $ 36,685 $ 24,054 $ 10,561 $ 3,806 $ 10,242 $ 309,255 $ 3,478 $ 417,333 Current period gross write offs $ — $ — $ — $ — $ — $ 5 $ — $ 150 $ 155 Consumer Residential mortgage Pass $ 12,803 $ 76,069 $ 156,700 $ 75,401 $ 11,017 $ 51,815 $ — $ — $ 383,805 Special mention — — — — — — — — — Substandard — — — 676 — 424 — — 1,100 Doubtful — — — — — — — — — Total $ 12,803 $ 76,069 $ 156,700 $ 76,077 $ 11,017 $ 52,239 $ — $ — $ 384,905 Current period gross write offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Other consumer Pass $ 93 $ 3,824 $ 5,783 $ 2,301 $ 800 $ 148 $ 2,589 $ — $ 15,538 Special mention — — — — — — — — — Substandard — — — — 5 — — — 5 Doubtful — — — — — — — — — Total $ 93 $ 3,824 $ 5,783 $ 2,301 $ 805 $ 148 $ 2,589 $ — $ 15,543 Current period gross write offs $ — $ 12 $ 15 $ — $ 3 $ — $ — $ — $ 30 Total loans held-for-investment Pass $ 135,380 $ 426,481 $ 599,421 $ 435,757 $ 174,399 $ 326,157 $ 328,977 $ 7,670 $ 2,434,242 Special mention — — 5,080 — — — — — 5,080 Substandard — 137 1,038 3,038 506 5,033 — — 9,752 Doubtful — — — — — — — — — Total $ 135,380 $ 426,618 $ 605,539 $ 438,795 $ 174,905 $ 331,190 $ 328,977 $ 7,670 $ 2,449,074 Current period gross write offs $ — $ 12 $ 15 $ — $ 3 $ 5 $ — $ 150 $ 185 The following table summarizes 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
Schedule of 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 June 30, 2024 Commercial real estate: Commercial property $ 1,804 $ — $ — $ 1,804 $ — Business property 2,440 1,798 308 2,440 308 Multifamily 2,038 — — 2,038 — Total commercial real estate 6,282 1,798 308 6,282 308 Commercial and industrial 112 50 32 61 — Consumer: Residential mortgage 1,100 — — 1,100 — Other consumer 6 6 — — — Total consumer 1,106 6 — 1,100 — Total $ 7,500 $ 1,854 $ 340 $ 7,443 $ 308 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
Schedule of Collateral Dependent Loans	The following table presents the collateral dependent loans by loan segments as of the date indicated: ($ in thousands) Hotel / Motel Warehouse Car Wash Retail Apartment Single Family Residential Other Total June 30, 2024 Commercial real estate: Commercial property $ 1,804 $ — $ — $ — $ — $ — $ — $ 1,804 Business property — 501 1,060 842 — — 37 2,440 Multifamily — — — — 2,038 — — 2,038 Total commercial real estate 1,804 501 1,060 842 2,038 — 37 6,282 Commercial and industrial 12 — — — — 49 — 61 Consumer: Residential mortgage — — — — — 1,100 — 1,100 Total consumer — — — — — 1,100 — 1,100 Total $ 1,816 $ 501 $ 1,060 $ 842 $ 2,038 $ 1,149 $ 37 $ 7,443 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
Schedule of 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 June 30, 2024 Commercial real estate: Commercial property $ 497 $ — $ — $ 497 $ 628 $ — $ 279 $ 907 $ 1,404 Business property 519 — — 519 — — 761 761 1,280 Multifamily — — — — — 2,038 — 2,038 2,038 Total commercial real estate 1,016 — — 1,016 628 2,038 1,040 3,706 4,722 Commercial and industrial 353 — — 353 56 — — 56 409 Consumer: Residential mortgage 809 — — 809 — 424 676 1,100 1,909 Other consumer 67 41 — 108 5 — — 5 113 Total consumer 876 41 — 917 5 424 676 1,105 2,022 Total $ 2,245 $ 41 $ — $ 2,286 $ 689 $ 2,462 $ 1,716 $ 4,867 $ 7,153 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
Schedule of Loan Modifications	The following tables present loans that the borrowers were both experiencing financial difficulty and modified during the periods indicated by loan segments and modification type: Three Months Ended ($ in thousands) Interest Only Total Percentage to Each Loan Segment June 30, 2024 Commercial real estate: Commercial property $ 548 $ 548 0.1 % Business property 1,061 1,061 0.2 % Total commercial real estate 1,609 1,609 0.1 % Total $ 1,609 $ 1,609 0.1 % June 30, 2023 Commercial and industrial $ 11 $ 11 0.1 % Total $ 11 $ 11 0.1 % Six Months Ended ($ in thousands) Interest Only Total Percentage to Each Loan Segment June 30, 2024 Commercial real estate: Commercial property $ 548 $ 548 0.1 % Business property 1,061 1,061 0.2 % Total commercial real estate 1,609 1,609 0.1 % Commercial and industrial $ 44 $ 44 0.1 % Total $ 1,653 $ 1,653 0.1 % June 30, 2023 Commercial and industrial $ 11 $ 11 0.1 % Total $ 11 $ 11 0.1 %
Schedule of 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Consumer: Residential mortgage $ — $ — $ — $ 15,741 Total consumer — — — 15,741 Total $ — $ — $ — $ 15,741
Schedule of Loans Held-for-Sale	The following table presents a composition of loans held-for-sale as of the date indicated: ($ in thousands) June 30, 2024 December 31, 2023 Commercial real estate: Commercial property $ 750 $ — Business property 150 2,802 Total commercial real estate 900 2,802 Commercial and industrial 2,059 2,353 Total $ 2,959 $ 5,155

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	6 Months Ended
	Jun. 30, 2024
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Schedule of Other Real Estate Owned, Activity	The following table presents activity in OREO for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Balance at beginning of year $ — $ — $ 2,558 $ — Sales — — (2,558) — Balance at end of year $ — $ — $ — $ —
Schedule of Other Real Estate Owned, Valuation Allowance	The following table presents activity in OREO valuation allowance for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Balance at beginning of year $ — $ — $ — $ — Additions — — — — Net direct write-downs and removal from sale — — — — Balance at end of year $ — $ — $ — $ —
Schedule of Other Real Estate Owned, Expenses	The following table presents expenses related to OREO for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Net (gain) loss on sales $ — $ — $ (13) $ — Operating expenses, net of rental income — — 2 — Total $ — $ — $ (11) $ —

Servicing Assets (Tables)

Servicing Assets (Tables)	6 Months Ended
	Jun. 30, 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: June 30, 2024 December 31, 2023 ($ in thousands) Residential Mortgage CRE SBA C&I SBA Total Residential Mortgage CRE SBA C&I SBA Total Carrying amount $ 45 $ 5,656 $ 504 $ 6,205 $ 49 $ 6,135 $ 482 $ 6,666 Fair value $ 99 $ 7,681 $ 757 $ 8,537 $ 104 $ 8,284 $ 728 $ 9,116 Discount rate 7.85 % 12.14 % 15.85 % 9.93 % 12.30 % 15.46 % Prepayment speed 13.79 % 18.76 % 14.79 % 12.75 % 16.71 % 13.97 % Weighted-average remaining life 19.3 years 20.8 years 7.2 years 19.8 years 21.0 years 7.1 years Underlying loans being serviced $ 9,956 $ 453,823 $ 63,679 $ 527,458 $ 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 June 30, 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 $ 47 $ 5,985 $ 512 $ 6,544 $ 57 $ 6,842 $ 446 $ 7,345 Additions — 143 37 180 — 212 35 247 Amortization (2) (472) (45) (519) (2) (399) (49) (450) Balance at end of period $ 45 $ 5,656 $ 504 $ 6,205 $ 55 $ 6,655 $ 432 $ 7,142 Six Months Ended June 30, 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 — 320 112 432 — 588 80 668 Amortization (4) (799) (90) (893) (9) (764) (100) (873) Balance at end of period $ 45 $ 5,656 $ 504 $ 6,205 $ 55 $ 6,655 $ 432 $ 7,142

Operating Leases (Tables)

Operating Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Operating lease cost (1) $ 884 $ 746 $ 1,827 $ 1,493 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 853 $ 818 $ 1,728 $ 1,631 Right of use assets obtained in exchange for lease obligations $ — $ 31 $ — $ 226 (1) Included in Occupancy and Equipment on the Consolidated Statements of Income (Unaudited). ($ in thousands) June 30, 2024 December 31, 2023 Operating leases: Operating lease assets $ 17,609 $ 18,913 Operating lease liabilities $ 18,939 $ 20,137 Weighted-average remaining lease term 8.0 years 8.3 years Weighted-average discount rate 4.69 % 4.63 %
Schedule of Maturities of Operating Lease Liabilities	The following table presents maturities of operating lease liabilities as of the date indicated: ($ in thousands) June 30, 2024 Maturities: 2024 $ 1,711 2025 3,301 2026 2,932 2027 2,543 2028 2,416 After 2028 10,695 Total lease payment 23,598 Imputed Interest (4,659) Present value of operating lease liabilities $ 18,939

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Share-based compensation expense related to: Stock options $ 72 $ 27 $ 144 $ 63 Restricted stock awards 57 86 121 170 Total share-based compensation expense $ 129 $ 113 $ 265 $ 233 Related tax benefits $ 29 $ 25 $ 63 $ 50 The following table presents unrecognized share-based compensation expense as of the date indicated: June 30, 2024 ($ in thousands) Unrecognized Expense Weighted-Average Remaining Expected Recognition Period Unrecognized share-based compensation expense related to: Stock options $ 640 2.4 years Restricted stock awards 338 2.3 years Total unrecognized share-based compensation expense $ 978 2.4 years
Schedule of Stock Options	The following tables represent stock option activity for the periods indicated: Three Months Ended June 30, 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 611,364 $ 13.91 5.5 years $ 1,477 Exercised (5,600) $ 10.33 1.0 years Outstanding at end of period 605,764 $ 13.95 5.2 years $ 1,413 Exercisable at end of period 350,764 $ 12.53 2.6 years $ 1,316 Six Months Ended June 30, 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 (8,951) $ 10.33 1.3 years Outstanding at end of period 605,764 $ 13.95 5.2 years $ 1,413 Exercisable at end of period 350,764 $ 12.53 2.6 years $ 1,316 The following table represents information regarding unvested stock options for the periods indicated: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Number of Shares Weighted-Average Exercise Price Per Share Number of Shares Weighted-Average Exercise Price Per Share Outstanding at beginning of period 255,000 $ 15.90 271,000 $ 15.85 Vested — $ — (16,000) $ 14.96 Outstanding at end of period 255,000 $ 15.90 255,000 $ 15.90
Schedule of Restricted Stock Awards	The following table represents restricted stock award activity for the periods indicated: Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Number of Shares Weighted-Average Grant Date Fair Value Per Share Number of Shares Weighted-Average Grant Date Fair Value Per Share Outstanding at beginning of period 25,400 $ 19.84 41,661 $ 17.53 Vested — $ — (16,261) $ 13.93 Forfeited (420) $ 15.97 (420) $ 15.97 Outstanding at end of period 24,980 $ 19.90 24,980 $ 19.90

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, ($ in thousands, except per share) 2024 2023 2024 2023 Basic earnings per share: Net income available to common shareholders $ 6,139 $ 7,477 $ 10,824 $ 17,774 Less: income allocated to unvested restricted stock (11) (24) (20) (57) Net income allocated to common stock $ 6,128 $ 7,453 $ 10,804 $ 17,717 Weighted-average total common shares outstanding 14,262,269 14,316,961 14,262,252 14,390,986 Less: weighted-average unvested restricted stock (25,186) (45,761) (26,001) (46,217) Weighted-average common shares outstanding, basic 14,237,083 14,271,200 14,236,251 14,344,769 Basic earnings per share $ 0.43 $ 0.52 $ 0.76 $ 1.24 Diluted earnings per share: Net income allocated to common stock $ 6,128 $ 7,453 $ 10,804 $ 17,717 Weighted-average common shares outstanding, basic 14,237,083 14,271,200 14,236,251 14,344,769 Diluted effect of stock options 75,866 85,576 86,920 124,212 Weighted-average common shares outstanding, diluted 14,312,949 14,356,776 14,323,171 14,468,981 Diluted earnings per share $ 0.43 $ 0.52 $ 0.75 $ 1.22

Off-Balance Sheet Credit Expo_2

Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies (Tables)	6 Months Ended
	Jun. 30, 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: June 30, 2024 December 31, 2023 ($ in thousands) Fixed Rate Variable Rate Fixed Rate Variable Rate Unused lines of credit $ 12,804 $ 323,317 $ 2,808 $ 347,652 Unfunded loan commitments 5,192 41,746 4,020 47,038 Standby letters of credit 5,158 1,516 4,638 1,786 Commercial letters of credit — 135 — 160 Total $ 23,154 $ 366,714 $ 11,466 $ 396,636

Regulatory Matters (Tables)

Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2024 PCB Bancorp Common tier 1 capital (to risk-weighted assets) $ 293,975 11.91 % $ 111,047 4.5 % N/A N/A Total capital (to risk-weighted assets) 393,238 15.94 % 197,417 8.0 % N/A N/A Tier 1 capital (to risk-weighted assets) 363,116 14.71 % 148,063 6.0 % N/A N/A Tier 1 capital (to average assets) 363,116 12.66 % 114,736 4.0 % N/A N/A PCB Bank Common tier 1 capital (to risk-weighted assets) $ 354,851 14.38 % $ 111,045 4.5 % $ 160,399 6.5 % Total capital (to risk-weighted assets) 384,974 15.60 % 197,414 8.0 % 246,767 10.0 % Tier 1 capital (to risk-weighted assets) 354,851 14.38 % 148,060 6.0 % 197,414 8.0 % Tier 1 capital (to average assets) 354,851 12.37 % 114,734 4.0 % 143,417 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)	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, ($ in thousands) 2024 2023 2024 2023 Noninterest income in-scope of Topic 606 Service charges and fees on deposits: Monthly service fees $ 19 $ 26 $ 50 $ 52 Account analysis fees 231 235 465 460 Non-sufficient funds charges 87 88 176 160 Other deposit related fees 27 20 51 41 Total service charges and fees on deposits 364 369 742 713 Debit card fees 18 78 99 151 Gain (loss) on sale of other real estate owned — — 13 — Wire transfer fees 165 161 306 305 Other service charges 58 55 116 103 Total $ 605 $ 663 $ 1,276 $ 1,272

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Details)	6 Months Ended
	Jun. 30, 2024 office branch 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 - Sched

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Securities available-for-sale:
Securities available-for-sale	$ 148,009	$ 143,323
Residential mortgage-backed securities
Securities available-for-sale:
Securities available-for-sale	110,953	104,091
Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	22,709	24,173
SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	6,685	7,450
Municipal bonds
Securities available-for-sale:
Securities available-for-sale	3,232	3,329
Corporate bonds
Securities available-for-sale:
Securities available-for-sale	4,430	4,280
Recurring
Securities available-for-sale:
Securities available-for-sale	148,009	143,323
Total assets measured at fair value	148,009	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	110,953	104,091
Recurring | Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	22,709	24,173
Recurring | SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	6,685	7,450
Recurring | Municipal bonds
Securities available-for-sale:
Securities available-for-sale	3,232	3,329
Recurring | Corporate bonds
Securities available-for-sale:
Securities available-for-sale	4,430	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	148,009	143,323
Total assets measured at fair value	148,009	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	110,953	104,091
Significant Other Observable Inputs (Level 2) | Recurring | Residential collateralized mortgage obligations
Securities available-for-sale:
Securities available-for-sale	22,709	24,173
Significant Other Observable Inputs (Level 2) | Recurring | SBA loan pool securities
Securities available-for-sale:
Securities available-for-sale	6,685	7,450
Significant Other Observable Inputs (Level 2) | Recurring | Municipal bonds
Securities available-for-sale:
Securities available-for-sale	3,232	3,329
Significant Other Observable Inputs (Level 2) | Recurring | Corporate bonds
Securities available-for-sale:
Securities available-for-sale	4,430	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 - Sch_2

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on a Non-recurring Basis (Details) - Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	$ 1,508	$ 425
Total assets measured at fair value	1,508	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	1,490	425
Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	18
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
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	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 Other Observable Inputs (Level 2) | Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	1,508	425
Total assets measured at fair value	1,508	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	1,490	$ 425
Significant Unobservable Inputs (Level 3) | Commercial and industrial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total loans individually evaluated	$ 18

Fair Value Measurements - Sch_3

Fair Value Measurements - Schedule of Quantitative Information About Level 3 Fair Value Measurements (Details) - Nonrecurring $ in Thousands	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	$ 1,508	$ 425
Business property
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	1,490	425
Commercial and industrial
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	18
Significant Unobservable Inputs (Level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	1,508	425
Significant Unobservable Inputs (Level 3) | Business property
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	$ 1,490	$ 425
Significant Unobservable Inputs (Level 3) | Business property | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted-Average (percent)	0.06
Significant Unobservable Inputs (Level 3) | Commercial and industrial
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total loans individually evaluated	$ 18

Fair Value Measurements - Sch_4

Fair Value Measurements - Schedule of Net Gains (Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains recognized	$ 63	$ (3)	$ 76	$ 1,042
Business property
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains recognized	31	(3)	44	(32)
Commercial and industrial
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net gains recognized	$ 32	$ 0	$ 32	$ 1,074

Fair Value Measurements - Sch_5

Fair Value Measurements - Schedule of Carrying Value and Estimated Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financial assets:
Securities available-for-sale	$ 148,009	$ 143,323
Carrying Value
Financial assets:
Interest-bearing deposits in other financial institutions	154,383	215,824
Securities available-for-sale	148,009	143,323
Loans held-for-sale	2,959	5,155
Net loans held-for-investment	2,420,327	2,295,919
Federal Home Loan Bank (“FHLB”) and other restricted stock	14,042	12,716
Accrued interest receivable	10,464	9,468
Financial liabilities:
Deposits	2,406,254	2,351,612
Other short-term borrowings	4,000
FHLB advances	32,000	39,000
Accrued interest payable	21,680	18,052
Fair Value
Financial assets:
Interest-bearing deposits in other financial institutions	154,383	215,824
Securities available-for-sale	148,009	143,323
Loans held-for-sale	3,192	5,472
Net loans held-for-investment	2,353,215	2,225,573
Accrued interest receivable	10,464	9,468
Financial liabilities:
Deposits	2,408,734	2,353,465
Other short-term borrowings	4,000
FHLB advances	32,000	39,013
Accrued interest payable	21,680	18,052
Fair Value | Level 1
Financial assets:
Interest-bearing deposits in other financial institutions	154,383	215,824
Securities available-for-sale	0	0
Loans held-for-sale	0	0
Net loans held-for-investment	0	0
Accrued interest receivable	93	128
Financial liabilities:
Deposits	0	0
Other short-term borrowings	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	148,009	143,323
Loans held-for-sale	3,192	5,472
Net loans held-for-investment	0	0
Accrued interest receivable	561	513
Financial liabilities:
Deposits	0	0
Other short-term borrowings	4,000
FHLB advances	32,000	39,013
Accrued interest payable	17	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	2,353,215	2,225,573
Accrued interest receivable	9,810	8,827
Financial liabilities:
Deposits	2,408,734	2,353,465
Other short-term borrowings	0
FHLB advances	0	0
Accrued interest payable	$ 21,663	$ 17,860

Investment Securities - Schedul

Investment Securities - Schedule of Amortized Cost and Fair Value of Securities Available-For-Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Securities available-for-sale:
Amortized Cost	$ 162,590	$ 156,175
Gross Unrealized Gain	149	290
Gross Unrealized Loss	(14,730)	(13,142)
Fair Value	148,009	143,323
Residential mortgage-backed securities
Securities available-for-sale:
Amortized Cost	122,917	114,485
Gross Unrealized Gain	143	199
Gross Unrealized Loss	(12,107)	(10,593)
Fair Value	110,953	104,091
Residential collateralized mortgage obligations
Securities available-for-sale:
Amortized Cost	24,309	25,611
Gross Unrealized Gain	2	63
Gross Unrealized Loss	(1,602)	(1,501)
Fair Value	22,709	24,173
SBA loan pool securities
Securities available-for-sale:
Amortized Cost	7,056	7,773
Gross Unrealized Gain	3	3
Gross Unrealized Loss	(374)	(326)
Fair Value	6,685	7,450
Municipal bonds
Securities available-for-sale:
Amortized Cost	3,308	3,306
Gross Unrealized Gain	1	25
Gross Unrealized Loss	(77)	(2)
Fair Value	3,232	3,329
Corporate bonds
Securities available-for-sale:
Amortized Cost	5,000	5,000
Gross Unrealized Gain	0	0
Gross Unrealized Loss	(570)	(720)
Fair Value	$ 4,430	$ 4,280

Investment Securities - Narrati

Investment Securities - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Marketable Securities [Line Items]
Securities available-for-sale	$ 148,009		$ 148,009		$ 143,323
Accrued interest on securities available-for-sale	561		561		513
Proceeds from sales and calls of securities available-for-sale	0	$ 0	0	$ 0
Allowance for credit loss on available-for-sale securities	0		$ 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			94.90%
Asset Pledged as Collateral
Marketable Securities [Line Items]
Securities available-for-sale	$ 73,400		$ 73,400		$ 70,900

Investment Securities - Sched_2

Investment Securities - Schedule of Investments Classified by Contractual Maturity Date (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Amortized Cost
Within one year	$ 861
One to five years	82
Five to ten years	6,096
Greater than ten years	1,269
Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities	154,282
Amortized Cost	162,590	$ 156,175
Fair Value
Within one year	861
One to five years	78
Five to ten years	5,486
Greater than ten years	1,237
Residential mortgage-backed securities, residential collateralized mortgage obligations and SBA loan pool securities	140,347
Fair Value	$ 148,009	$ 143,323

Investment Securities - Sched_3

Investment Securities - Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value (Details) $ in Thousands	Jun. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 13,541	$ 14,993
Less Than 12 Months, Gross Unrealized Losses	$ (234)	$ (103)
Less Than 12 Months, Number of Securities | security	14	13
12 months or Longer, Fair Value	$ 105,798	$ 104,146
12 months or Longer, Gross Unrealized Losses	$ (14,496)	$ (13,040)
12 months or Longer, Number of Securities | security	167	161
Total, Fair Value	$ 119,339	$ 119,139
Total, Gross Unrealized Losses	$ (14,730)	$ (13,142)
Total, Number of Securities | security	181	174
Residential mortgage-backed securities
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 9,690	$ 9,252
Less Than 12 Months, Gross Unrealized Losses	$ (138)	$ (41)
Less Than 12 Months, Number of Securities | security	8	8
12 months or Longer, Fair Value	$ 80,645	$ 78,958
12 months or Longer, Gross Unrealized Losses	$ (11,969)	$ (10,552)
12 months or Longer, Number of Securities | security	114	110
Total, Fair Value	$ 90,335	$ 88,210
Total, Gross Unrealized Losses	$ (12,107)	$ (10,593)
Total, Number of Securities | security	122	118
Residential collateralized mortgage obligations
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 2,020	$ 5,660
Less Than 12 Months, Gross Unrealized Losses	$ (23)	$ (62)
Less Than 12 Months, Number of Securities | security	1	4
12 months or Longer, Fair Value	$ 14,308	$ 13,919
12 months or Longer, Gross Unrealized Losses	$ (1,579)	$ (1,439)
12 months or Longer, Number of Securities | security	36	35
Total, Fair Value	$ 16,328	$ 19,579
Total, Gross Unrealized Losses	$ (1,602)	$ (1,501)
Total, Number of Securities | security	37	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	$ 5,976	$ 6,627
12 months or Longer, Gross Unrealized Losses	$ (374)	$ (326)
12 months or Longer, Number of Securities | security	14	14
Total, Fair Value	$ 5,976	$ 6,627
Total, Gross Unrealized Losses	$ (374)	$ (326)
Total, Number of Securities | security	14	14
Municipal bonds
Securities available-for-sale:
Less Than 12 Months, Fair Value	$ 1,831	$ 81
Less Than 12 Months, Gross Unrealized Losses	$ (73)	$ 0
Less Than 12 Months, Number of Securities | security	5	1
12 months or Longer, Fair Value	$ 439	$ 362
12 months or Longer, Gross Unrealized Losses	$ (4)	$ (2)
12 months or Longer, Number of Securities | security	2	1
Total, Fair Value	$ 2,270	$ 443
Total, Gross Unrealized Losses	$ (77)	$ (2)
Total, Number of Securities | security	7	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	$ 4,430	$ 4,280
12 months or Longer, Gross Unrealized Losses	$ (570)	$ (720)
12 months or Longer, Number of Securities | security	1	1
Total, Fair Value	$ 4,430	$ 4,280
Total, Gross Unrealized Losses	$ (570)	$ (720)
Total, Number of Securities | security	1	1

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses on Loans - Schedule of Loans Held-for-Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	$ 2,449,074		$ 2,323,452
Allowance for credit losses on loans	(28,747)	$ (28,332)	(27,533)	$ (24,867)	$ (24,694)	$ (24,942)
Net loans held-for-investment	2,420,327		2,295,919
Officers and Directors
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	109		111
Total commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	1,631,293		1,571,385
Total commercial real estate | Commercial property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	852,677		855,270
Allowance for credit losses on loans	(11,900)	(12,119)	(12,665)	(9,601)	(8,476)	(8,502)
Total commercial real estate | Business property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	572,643		558,772
Allowance for credit losses on loans	(4,848)	(4,814)	(4,739)	(6,077)	(6,069)	(5,749)
Total commercial real estate | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	177,657		132,500
Allowance for credit losses on loans	(1,661)	(1,315)	(1,441)	(1,259)	(1,381)	(1,134)
Total commercial real estate | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	28,316		24,843
Allowance for credit losses on loans	(131)	(109)	(135)	(125)	(156)	(151)
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	417,333		342,002
Allowance for credit losses on loans	(7,186)	(7,588)	(6,245)	(6,513)	(7,314)	(5,502)
Total consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	400,448		410,065
Total consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	384,905		389,420
Allowance for credit losses on loans	(2,957)	(2,334)	(2,226)	(1,216)	(1,214)	(3,691)
Total consumer | Other consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held-for-investment	15,543		20,645
Allowance for credit losses on loans	$ (64)	$ (53)	$ (82)	$ (76)	$ (84)	$ (213)

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses on Loans - Schedule of Allowance for Credit Losses on Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	$ 329	$ 157	$ 1,251	$ (2,260)
Provision (reversal) for credit losses on off-balance sheet credit exposures	(70)	40	98	(321)
Total provision (reversal) for credit losses	259	197	1,349	(2,581)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	28,332	24,694	27,533	24,942
Charge-offs	0	(7)	(185)	(7)
Recoveries	86	23	148	1,125
Provision (reversal) for credit losses on loans	329	157	1,251	(2,260)
Ending balance	28,747	24,867	28,747	24,867
Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance				1,067
Total commercial real estate | Commercial Property
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	(219)	1,125	(765)	2,861
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	12,119	8,476	12,665	8,502
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (reversal) for credit losses on loans	(219)	1,125	(765)	2,861
Ending balance	11,900	9,601	11,900	9,601
Total 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)
Total commercial real estate | Business Property
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	34	11	107	(570)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	4,814	6,069	4,739	5,749
Charge-offs	0	(4)	0	(4)
Recoveries	0	1	2	6
Provision (reversal) for credit losses on loans	34	11	107	(570)
Ending balance	4,848	6,077	4,848	6,077
Total commercial real estate | Business Property | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance				896
Total commercial real estate | Multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	346	(122)	220	(131)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,315	1,381	1,441	1,134
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (reversal) for credit losses on loans	346	(122)	220	(131)
Ending balance	1,661	1,259	1,661	1,259
Total commercial real estate | Multifamily | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance				256
Total commercial real estate | Construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	22	(31)	(4)	(26)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	109	156	135	151
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (reversal) for credit losses on loans	22	(31)	(4)	(26)
Ending balance	131	125	131	125
Total 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	(472)	(808)	1,017	(4,425)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	7,588	7,314	6,245	5,502
Charge-offs	0	0	(155)	0
Recoveries	70	7	79	1,092
Provision (reversal) for credit losses on loans	(472)	(808)	1,017	(4,425)
Ending balance	7,186	6,513	7,186	6,513
Commercial and industrial | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance				4,344
Total consumer | Residential Mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	623	2	731	59
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	2,334	1,214	2,226	3,691
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (reversal) for credit losses on loans	623	2	731	59
Ending balance	2,957	1,216	2,957	1,216
Total consumer | Residential Mortgage | Impact of ASC 326 adoption
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance				(2,534)
Total consumer | Other Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Provision (reversal) for credit losses on loans	(5)	(20)	(55)	(28)
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	53	84	82	213
Charge-offs	0	(3)	(30)	(3)
Recoveries	16	15	67	27
Provision (reversal) for credit losses on loans	(5)	(20)	(55)	(28)
Ending balance	$ 64	$ 76	$ 64	76
Total 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 - Schedule of Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	$ 135,380		$ 135,380		$ 439,138
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	426,618		426,618		622,022
Year two, originated one year before current fiscal year, writeoff			12
Year three, originated two years before current fiscal year	605,539		605,539		456,202
Year three, originated two years before current fiscal year, writeoff			15
Year four, originated three years before current fiscal year	438,795		438,795		185,227
Year four, originated three years before current fiscal year, writeoff			0
Year five, originated four years before current fiscal year	174,905		174,905		166,969
Year five, originated four years before current fiscal year, writeoff			3
Prior	331,190		331,190		233,882
Prior, writeoff			5
Revolving Loans	328,977		328,977		211,889
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	7,670		7,670		8,123
Revolving Loans Converted to Term, writeoff			150
Total	2,449,074		2,449,074		2,323,452
Current period gross write offs	0	$ 7	185	$ 7
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	135,380		135,380		439,138
Year two, originated one year before current fiscal year	426,481		426,481		621,555
Year three, originated two years before current fiscal year	599,421		599,421		455,525
Year four, originated three years before current fiscal year	435,757		435,757		184,838
Year five, originated four years before current fiscal year	174,399		174,399		163,948
Prior	326,157		326,157		227,280
Revolving Loans	328,977		328,977		210,889
Revolving Loans Converted to Term	7,670		7,670		8,123
Total	2,434,242		2,434,242		2,311,296
Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	5,080		5,080		484
Year four, originated three years before current fiscal year	0		0		379
Year five, originated four years before current fiscal year	0		0		314
Prior	0		0		2,979
Revolving Loans	0		0		1,000
Revolving Loans Converted to Term	0		0		0
Total	5,080		5,080		5,156
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	137		137		467
Year three, originated two years before current fiscal year	1,038		1,038		193
Year four, originated three years before current fiscal year	3,038		3,038		10
Year five, originated four years before current fiscal year	506		506		2,707
Prior	5,033		5,033		3,623
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	9,752		9,752		7,000
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,631,293		1,631,293		1,571,385
Total commercial real estate | Commercial property
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	51,035		51,035		154,563
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	147,160		147,160		268,369
Year two, originated one year before current fiscal year, writeoff			0
Year three, originated two years before current fiscal year	263,724		263,724		156,301
Year three, originated two years before current fiscal year, writeoff			0
Year four, originated three years before current fiscal year	153,715		153,715		83,461
Year four, originated three years before current fiscal year, writeoff			0
Year five, originated four years before current fiscal year	78,300		78,300		70,736
Year five, originated four years before current fiscal year, writeoff			0
Prior	144,132		144,132		113,033
Prior, writeoff			0
Revolving Loans	14,221		14,221		8,807
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	390		390		0
Revolving Loans Converted to Term, writeoff			0
Total	852,677		852,677		855,270
Current period gross write offs	0	0	0	0
Total commercial real estate | Commercial property | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	51,035		51,035		154,563
Year two, originated one year before current fiscal year	147,023		147,023		268,369
Year three, originated two years before current fiscal year	263,306		263,306		155,817
Year four, originated three years before current fiscal year	153,585		153,585		83,461
Year five, originated four years before current fiscal year	78,300		78,300		70,425
Prior	141,429		141,429		107,879
Revolving Loans	14,221		14,221		8,807
Revolving Loans Converted to Term	390		390		0
Total	849,289		849,289		849,321
Total commercial real estate | Commercial property | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		484
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		2,952
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		3,436
Total commercial real estate | Commercial property | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	137		137		0
Year three, originated two years before current fiscal year	418		418		0
Year four, originated three years before current fiscal year	130		130		0
Year five, originated four years before current fiscal year	0		0		311
Prior	2,703		2,703		2,202
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	3,388		3,388		2,513
Total commercial real estate | Commercial property | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total commercial real estate | Business property
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	42,114		42,114		103,364
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	100,512		100,512		104,001
Year two, originated one year before current fiscal year, writeoff			0
Year three, originated two years before current fiscal year	103,523		103,523		163,329
Year three, originated two years before current fiscal year, writeoff			0
Year four, originated three years before current fiscal year	155,255		155,255		50,362
Year four, originated three years before current fiscal year, writeoff			0
Year five, originated four years before current fiscal year	47,336		47,336		72,106
Year five, originated four years before current fiscal year, writeoff			0
Prior	118,189		118,189		60,401
Prior, writeoff			0
Revolving Loans	1,912		1,912		882
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	3,802		3,802		4,327
Revolving Loans Converted to Term, writeoff			0
Total	572,643		572,643		558,772
Current period gross write offs	0	4	0	4
Total commercial real estate | Business property | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	42,114		42,114		103,364
Year two, originated one year before current fiscal year	100,512		100,512		103,549
Year three, originated two years before current fiscal year	97,823		97,823		163,136
Year four, originated three years before current fiscal year	155,061		155,061		50,362
Year five, originated four years before current fiscal year	46,835		46,835		69,852
Prior	116,395		116,395		59,765
Revolving Loans	1,912		1,912		882
Revolving Loans Converted to Term	3,802		3,802		4,327
Total	564,454		564,454		555,237
Total commercial real estate | Business property | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	5,080		5,080		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	5,080		5,080		0
Total commercial real estate | Business property | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		452
Year three, originated two years before current fiscal year	620		620		193
Year four, originated three years before current fiscal year	194		194		0
Year five, originated four years before current fiscal year	501		501		2,254
Prior	1,794		1,794		636
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	3,109		3,109		3,535
Total commercial real estate | Business property | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total commercial real estate | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	10,065		10,065		14,219
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	53,077		53,077		40,618
Year two, originated one year before current fiscal year, writeoff			0
Year three, originated two years before current fiscal year	40,248		40,248		42,848
Year three, originated two years before current fiscal year, writeoff			0
Year four, originated three years before current fiscal year	40,886		40,886		26,472
Year four, originated three years before current fiscal year, writeoff			0
Year five, originated four years before current fiscal year	26,141		26,141		2,419
Year five, originated four years before current fiscal year, writeoff			0
Prior	6,240		6,240		5,924
Prior, writeoff			0
Revolving Loans	1,000		1,000		0
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	0		0		0
Revolving Loans Converted to Term, writeoff			0
Total	177,657		177,657		132,500
Current period gross write offs	0	0	0	0
Total commercial real estate | Multifamily | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	10,065		10,065		14,219
Year two, originated one year before current fiscal year	53,077		53,077		40,618
Year three, originated two years before current fiscal year	40,248		40,248		42,848
Year four, originated three years before current fiscal year	38,848		38,848		26,472
Year five, originated four years before current fiscal year	26,141		26,141		2,419
Prior	6,240		6,240		5,924
Revolving Loans	1,000		1,000		0
Revolving Loans Converted to Term	0		0		0
Total	175,619		175,619		132,500
Total commercial real estate | Multifamily | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total commercial real estate | Multifamily | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	2,038		2,038		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	2,038		2,038		0
Total commercial real estate | Multifamily | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total commercial real estate | Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	18		18		4,617
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	9,291		9,291		9,120
Year two, originated one year before current fiscal year, writeoff			0
Year three, originated two years before current fiscal year	11,507		11,507		0
Year three, originated two years before current fiscal year, writeoff			0
Year four, originated three years before current fiscal year	0		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		7,500		3,606
Year five, originated four years before current fiscal year, writeoff			0
Prior	0		0		0
Prior, writeoff			0
Revolving Loans	0		0		0
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	0		0		0
Revolving Loans Converted to Term, writeoff			0
Total	28,316		28,316		24,843
Current period gross write offs	0	0	0	0
Total commercial real estate | Construction | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	18		18		4,617
Year two, originated one year before current fiscal year	9,291		9,291		9,120
Year three, originated two years before current fiscal year	11,507		11,507		0
Year four, originated three years before current fiscal year	0		0		7,500
Year five, originated four years before current fiscal year	7,500		7,500		3,606
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	28,316		28,316		24,843
Total commercial real estate | Construction | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total commercial real estate | Construction | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total commercial real estate | Construction | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	19,252		19,252		77,957
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	36,685		36,685		28,638
Year two, originated one year before current fiscal year, writeoff			0
Year three, originated two years before current fiscal year	24,054		24,054		11,950
Year three, originated two years before current fiscal year, writeoff			0
Year four, originated three years before current fiscal year	10,561		10,561		4,733
Year four, originated three years before current fiscal year, writeoff			0
Year five, originated four years before current fiscal year	3,806		3,806		6,779
Year five, originated four years before current fiscal year, writeoff			0
Prior	10,242		10,242		9,139
Prior, writeoff			5
Revolving Loans	309,255		309,255		199,010
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	3,478		3,478		3,796
Revolving Loans Converted to Term, writeoff			150
Total	417,333		417,333		342,002
Current period gross write offs	0	0	155	0
Commercial and industrial | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	19,252		19,252		77,957
Year two, originated one year before current fiscal year	36,685		36,685		28,638
Year three, originated two years before current fiscal year	24,054		24,054		11,950
Year four, originated three years before current fiscal year	10,561		10,561		4,354
Year five, originated four years before current fiscal year	3,806		3,806		6,323
Prior	10,130		10,130		8,327
Revolving Loans	309,255		309,255		198,010
Revolving Loans Converted to Term	3,478		3,478		3,796
Total	417,221		417,221		339,355
Commercial and industrial | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		379
Year five, originated four years before current fiscal year	0		0		314
Prior	0		0		27
Revolving Loans	0		0		1,000
Revolving Loans Converted to Term	0		0		0
Total	0		0		1,720
Commercial and industrial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		142
Prior	112		112		785
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	112		112		927
Commercial and industrial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Total	400,448		400,448		410,065
Total consumer | Residential mortgage
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	12,803		12,803		79,581
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	76,069		76,069		163,734
Year two, originated one year before current fiscal year, writeoff			0
Year three, originated two years before current fiscal year	156,700		156,700		78,499
Year three, originated two years before current fiscal year, writeoff			0
Year four, originated three years before current fiscal year	76,077		76,077		11,363
Year four, originated three years before current fiscal year, writeoff			0
Year five, originated four years before current fiscal year	11,017		11,017		10,865
Year five, originated four years before current fiscal year, writeoff			0
Prior	52,239		52,239		45,378
Prior, writeoff			0
Revolving Loans	0		0		0
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	0		0		0
Revolving Loans Converted to Term, writeoff			0
Total	384,905		384,905		389,420
Current period gross write offs	0	0	0	0
Total consumer | Residential mortgage | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	12,803		12,803		79,581
Year two, originated one year before current fiscal year	76,069		76,069		163,734
Year three, originated two years before current fiscal year	156,700		156,700		78,499
Year four, originated three years before current fiscal year	75,401		75,401		11,363
Year five, originated four years before current fiscal year	11,017		11,017		10,865
Prior	51,815		51,815		45,378
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	383,805		383,805		389,420
Total consumer | Residential mortgage | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total consumer | Residential mortgage | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	676		676		0
Year five, originated four years before current fiscal year	0		0		0
Prior	424		424		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	1,100		1,100		0
Total consumer | Residential mortgage | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total consumer | Other consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	93		93		4,837
Year one, originated current fiscal year, writeoff			0
Year two, originated one year before current fiscal year	3,824		3,824		7,542
Year two, originated one year before current fiscal year, writeoff			12
Year three, originated two years before current fiscal year	5,783		5,783		3,275
Year three, originated two years before current fiscal year, writeoff			15
Year four, originated three years before current fiscal year	2,301		2,301		1,336
Year four, originated three years before current fiscal year, writeoff			0
Year five, originated four years before current fiscal year	805		805		458
Year five, originated four years before current fiscal year, writeoff			3
Prior	148		148		7
Prior, writeoff			0
Revolving Loans	2,589		2,589		3,190
Revolving Loans, writeoff			0
Revolving Loans Converted to Term	0		0		0
Revolving Loans Converted to Term, writeoff			0
Total	15,543		15,543		20,645
Current period gross write offs	0	$ 3	30	$ 3
Total consumer | Other consumer | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	93		93		4,837
Year two, originated one year before current fiscal year	3,824		3,824		7,527
Year three, originated two years before current fiscal year	5,783		5,783		3,275
Year four, originated three years before current fiscal year	2,301		2,301		1,326
Year five, originated four years before current fiscal year	800		800		458
Prior	148		148		7
Revolving Loans	2,589		2,589		3,190
Revolving Loans Converted to Term	0		0		0
Total	15,538		15,538		20,620
Total consumer | Other consumer | Special mention
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	0		0		0
Total consumer | Other consumer | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		15
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		10
Year five, originated four years before current fiscal year	5		5		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	5		5		25
Total consumer | Other consumer | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
Year one, originated current fiscal year	0		0		0
Year two, originated one year before current fiscal year	0		0		0
Year three, originated two years before current fiscal year	0		0		0
Year four, originated three years before current fiscal year	0		0		0
Year five, originated four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	$ 0		$ 0		$ 0

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses on Loans - Schedule of Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	$ 7,500	$ 3,916
Nonaccrual Loans with ACL	1,854	714
ACL on Nonaccrual Loans	340	264
Collateral Dependent Nonaccrual Loans	7,443	3,891
ACL on Collateral Dependent Nonaccrual Loans	308	264
Loans guaranteed by US government agency
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	0	0
Total commercial real estate
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	6,282	3,823
Nonaccrual Loans with ACL	1,798	689
ACL on Nonaccrual Loans	308	264
Collateral Dependent Nonaccrual Loans	6,282	3,823
ACL on Collateral Dependent Nonaccrual Loans	308	264
Total commercial real estate | Commercial property
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	1,804	958
Nonaccrual Loans with ACL	0	0
ACL on Nonaccrual Loans	0	0
Collateral Dependent Nonaccrual Loans	1,804	958
ACL on Collateral Dependent Nonaccrual Loans	0	0
Total commercial real estate | Business property
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	2,440	2,865
Nonaccrual Loans with ACL	1,798	689
ACL on Nonaccrual Loans	308	264
Collateral Dependent Nonaccrual Loans	2,440	2,865
ACL on Collateral Dependent Nonaccrual Loans	308	264
Total commercial real estate | Multifamily
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	2,038
Nonaccrual Loans with ACL	0
ACL on Nonaccrual Loans	0
Collateral Dependent Nonaccrual Loans	2,038
ACL on Collateral Dependent Nonaccrual Loans	0
Commercial and industrial
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	112	68
Nonaccrual Loans with ACL	50	0
ACL on Nonaccrual Loans	32	0
Collateral Dependent Nonaccrual Loans	61	68
ACL on Collateral Dependent Nonaccrual Loans	0	0
Total consumer
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	1,106	25
Nonaccrual Loans with ACL	6	25
ACL on Nonaccrual Loans	0	0
Collateral Dependent Nonaccrual Loans	1,100	0
ACL on Collateral Dependent Nonaccrual Loans	0	0
Total consumer | Residential mortgage
Financing Receivable, Nonaccrual [Line Items]
Total Nonaccrual Loans	1,100
Nonaccrual Loans with ACL	0
ACL on Nonaccrual Loans	0
Collateral Dependent Nonaccrual Loans	1,100
ACL on Collateral Dependent Nonaccrual Loans	0
Total 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 - Schedule of Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 7,443	$ 3,891
Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,816	971
Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	501	2,137
Car Wash
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,060	0
Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	842	689
Apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,038	0
Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,149	55
Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	37	39
Total commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	6,282	3,823
Total commercial real estate | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,804	958
Total commercial real estate | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	501	2,137
Total commercial real estate | Car Wash
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,060	0
Total commercial real estate | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	842	689
Total commercial real estate | Apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,038	0
Total commercial real estate | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	37	39
Total commercial real estate | Commercial property
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,804	958
Total commercial real estate | Commercial property | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,804	958
Total commercial real estate | Commercial property | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Commercial property | Car Wash
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Commercial property | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Commercial property | Apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Commercial property | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Commercial property | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Business property
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,440	2,865
Total commercial real estate | Business property | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Business property | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	501	2,137
Total commercial real estate | Business property | Car Wash
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,060	0
Total commercial real estate | Business property | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	842	689
Total commercial real estate | Business property | Apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Business property | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Total commercial real estate | Business property | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	37	39
Total commercial real estate | Multifamily
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,038
Total commercial real estate | Multifamily | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total commercial real estate | Multifamily | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total commercial real estate | Multifamily | Car Wash
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total commercial real estate | Multifamily | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total commercial real estate | Multifamily | Apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	2,038
Total commercial real estate | Multifamily | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total commercial real estate | Multifamily | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	61	68
Commercial and industrial | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	12	13
Commercial and industrial | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	0
Commercial and industrial | Car Wash
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 | Apartment
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	49	55
Commercial and industrial | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0	$ 0
Total consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,100
Total consumer | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Car Wash
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,100
Total consumer | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Residential mortgage
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,100
Total consumer | Residential mortgage | Hotel / Motel
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Residential mortgage | Warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Residential mortgage | Car Wash
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Residential mortgage | Retail
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Residential mortgage | Apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	0
Total consumer | Residential mortgage | Single Family Residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	1,100
Total 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 - Schedule of Past Due Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Past Due [Line Items]
Nonaccrual	$ 7,500	$ 3,916
Total commercial real estate
Financing Receivable, Past Due [Line Items]
Nonaccrual	6,282	3,823
Total commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Nonaccrual	1,804	958
Total commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Nonaccrual	2,440	2,865
Total commercial real estate | Multifamily
Financing Receivable, Past Due [Line Items]
Nonaccrual	2,038
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Nonaccrual	112	68
Total consumer
Financing Receivable, Past Due [Line Items]
Nonaccrual	1,106	25
Total consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Nonaccrual	1,100
Total consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Nonaccrual	6	25
Total
Financing Receivable, Past Due [Line Items]
Still Accruing	2,286	1,428
Nonaccrual	4,867	521
Total Loans Past Due	7,153	1,949
Total | Total commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	1,016	560
Nonaccrual	3,706	503
Total Loans Past Due	4,722	1,063
Total | Total commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	497	0
Nonaccrual	907	296
Total Loans Past Due	1,404	296
Total | Total commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	519	560
Nonaccrual	761	207
Total Loans Past Due	1,280	767
Total | Total commercial real estate | Multifamily
Financing Receivable, Past Due [Line Items]
Still Accruing	0
Nonaccrual	2,038
Total Loans Past Due	2,038
Total | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Still Accruing	353	217
Nonaccrual	56	0
Total Loans Past Due	409	217
Total | Total consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	917	651
Nonaccrual	1,105	18
Total Loans Past Due	2,022	669
Total | Total consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	809	604
Nonaccrual	1,100	0
Total Loans Past Due	1,909	604
Total | Total consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	108	47
Nonaccrual	5	18
Total Loans Past Due	113	65
30 to 59 Days Past Due
Financing Receivable, Past Due [Line Items]
Still Accruing	2,245	1,394
Nonaccrual	689	0
30 to 59 Days Past Due | Total commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	1,016	560
Nonaccrual	628	0
30 to 59 Days Past Due | Total commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	497	0
Nonaccrual	628	0
30 to 59 Days Past Due | Total commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	519	560
Nonaccrual	0	0
30 to 59 Days Past Due | Total commercial real estate | Multifamily
Financing Receivable, Past Due [Line Items]
Still Accruing	0
Nonaccrual	0
30 to 59 Days Past Due | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Still Accruing	353	217
Nonaccrual	56	0
30 to 59 Days Past Due | Total consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	876	617
Nonaccrual	5	0
30 to 59 Days Past Due | Total consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	809	604
Nonaccrual	0	0
30 to 59 Days Past Due | Total consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	67	13
Nonaccrual	5	0
60 to 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Still Accruing	41	34
Nonaccrual	2,462	350
60 to 89 Days Past Due | Total commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	2,038	335
60 to 89 Days Past Due | Total commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	0	296
60 to 89 Days Past Due | Total commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	0	39
60 to 89 Days Past Due | Total commercial real estate | Multifamily
Financing Receivable, Past Due [Line Items]
Still Accruing	0
Nonaccrual	2,038
60 to 89 Days Past Due | Commercial and industrial
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	0	0
60 to 89 Days Past Due | Total consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	41	34
Nonaccrual	424	15
60 to 89 Days Past Due | Total consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	424	0
60 to 89 Days Past Due | Total consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	41	34
Nonaccrual	0	15
90 or More Days Past Due
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	1,716	171
90 or More Days Past Due | Total commercial real estate
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	1,040	168
90 or More Days Past Due | Total commercial real estate | Commercial property
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	279	0
90 or More Days Past Due | Total commercial real estate | Business property
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	761	168
90 or More Days Past Due | Total commercial real estate | Multifamily
Financing Receivable, Past Due [Line Items]
Still Accruing	0
Nonaccrual	0
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 | Total consumer
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	676	3
90 or More Days Past Due | Total consumer | Residential mortgage
Financing Receivable, Past Due [Line Items]
Still Accruing	0	0
Nonaccrual	676	0
90 or More Days Past Due | Total 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 - Schedule of Loan Modification (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 1,609	$ 11	$ 1,653	$ 11
Percentage to Each Loan Segment	0.10%	0.10%	0.10%	0.10%
Commitments to lend	$ 0		$ 0
Modified loans with subsequent default			0
Interest Only
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	1,609	$ 11	1,653	$ 11
Total commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 1,609		$ 1,609
Percentage to Each Loan Segment	0.10%		0.10%
Total commercial real estate | Interest Only
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 1,609		$ 1,609
Total commercial real estate | Commercial property
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 548		$ 548
Percentage to Each Loan Segment	0.10%		0.10%
Total commercial real estate | Commercial property | Interest Only
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 548		$ 548
Total commercial real estate | Business property
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 1,061		$ 1,061
Percentage to Each Loan Segment	0.20%		0.20%
Total commercial real estate | Business property | Interest Only
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total	$ 1,061		$ 1,061
Commercial and industrial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total		$ 11	$ 44	$ 11
Percentage to Each Loan Segment		0.10%	0.10%	0.10%
Commercial and industrial | Interest Only
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total		$ 11	$ 44	$ 11

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses on Loans - Schedule of Purchases, Sales, and Transfers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Transfer of loans to held-for-sale	$ 0	$ 0	$ 0	$ 0
Transfer of loans to held-for-investment	0	0	0	0
Purchases of loans held-for-investment	0		0
Total consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans held-for-investment	0	0	0	15,741
Total consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases of loans held-for-investment	$ 0	$ 0	$ 0	$ 15,741

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses on Loans - Schedule of Loans Held-for-Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 2,959	$ 5,155
Total commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	900	2,802
Total commercial real estate | Commercial property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	750	0
Total commercial real estate | Business property
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	150	2,802
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 2,059	$ 2,353

Other Real Estate Owned - OREO

Other Real Estate Owned - OREO Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Change in Other Real Estate Owned
Balance at beginning of year	$ 0	$ 0	$ 2,558	$ 0
Sales	0	0	(2,558)	0
Balance at end of year	0	0	0	0
Change in Other Real Estate Owned Valuation Allowance
Balance at beginning of year	0	0	0	0
Additions	0	0	0	0
Net direct write-downs and removal from sale	0	0	0	0
Balance at end of year	0	0	0	0
Expenses related to OREOs	0	0	(11)	0
Net (gain) loss on sales
Change in Other Real Estate Owned Valuation Allowance
Expenses related to OREOs	0	0	(13)	0
Operating expenses, net of rental income
Change in Other Real Estate Owned Valuation Allowance
Expenses related to OREOs	$ 0	$ 0	$ 2	$ 0

Other Real Estate Owned - Narra

Other Real Estate Owned - Narrative (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
OREO recognized		$ 2,600
Loans to finance sale of OREO properties	$ 0
Total 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		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Transfers and Servicing [Abstract]
Loans sold with servicing rights retained	$ 13,600	$ 16,800	$ 33,000	$ 43,900
Net gain on sale	800	800	1,800	2,100
Loan servicing income	$ 799	$ 868	$ 1,700	$ 1,700

Servicing Assets - Schedule of

Servicing Assets - Schedule of Servicing Assets with Key Assumptions Used to Estimate Fair Value (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Servicing Assets at Fair Value [Line Items]
Carrying amount	$ 6,205	$ 6,666	$ 6,544	$ 7,142	$ 7,345	$ 7,347
Fair value	8,537	9,116
Underlying loans being serviced	527,458	532,231
Residential Mortgage
Servicing Assets at Fair Value [Line Items]
Carrying amount	45	49	47	55	57	64
Fair value	$ 99	$ 104
Discount rate	7.85%	9.93%
Prepayment speed	13.79%	12.75%
Weighted-average remaining life	19 years 3 months 18 days	19 years 9 months 18 days
Underlying loans being serviced	$ 9,956	$ 10,666
CRE SBA
Servicing Assets at Fair Value [Line Items]
Carrying amount	5,656	6,135	5,985	6,655	6,842	6,831
Fair value	$ 7,681	$ 8,284
Discount rate	12.14%	12.30%
Prepayment speed	18.76%	16.71%
Weighted-average remaining life	20 years 9 months 18 days	21 years
Underlying loans being serviced	$ 453,823	$ 461,300
C&I SBA
Servicing Assets at Fair Value [Line Items]
Carrying amount	504	482	$ 512	$ 432	$ 446	$ 452
Fair value	$ 757	$ 728
Discount rate	15.85%	15.46%
Prepayment speed	14.79%	13.97%
Weighted-average remaining life	7 years 2 months 12 days	7 years 1 month 6 days
Underlying loans being serviced	$ 63,679	$ 60,265

Servicing Assets - Schedule o_2

Servicing Assets - Schedule of Servicing Asset (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	$ 6,544	$ 7,345	$ 6,666	$ 7,347
Additions	180	247	432	668
Amortization	(519)	(450)	(893)	(873)
Balance at end of period	6,205	7,142	6,205	7,142
Residential Mortgage
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	47	57	49	64
Additions	0	0	0	0
Amortization	(2)	(2)	(4)	(9)
Balance at end of period	45	55	45	55
CRE SBA
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	5,985	6,842	6,135	6,831
Additions	143	212	320	588
Amortization	(472)	(399)	(799)	(764)
Balance at end of period	5,656	6,655	5,656	6,655
C&I SBA
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	512	446	482	452
Additions	37	35	112	80
Amortization	(45)	(49)	(90)	(100)
Balance at end of period	$ 504	$ 432	$ 504	$ 432

Operating Leases - Schedule of

Operating Leases - Schedule of Operating Lease Cost and Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Leases [Abstract]
Operating lease cost	$ 884	$ 746	$ 1,827	$ 1,493
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	853	818	1,728	1,631
Right of use assets obtained in exchange for lease obligations	0	$ 31	0	$ 226
Operating leases:
Operating lease assets	17,609		17,609		$ 18,913
Operating lease liabilities	$ 18,939		$ 18,939		$ 20,137
Weighted-average remaining lease term	8 years		8 years		8 years 3 months 18 days
Weighted-average discount rate	4.69%		4.69%		4.63%

Operating Leases - Schedule o_2

Operating Leases - Schedule of Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Maturities:
2024	$ 1,711
2025	3,301
2026	2,932
2027	2,543
2028	2,416
After 2028	10,695
Total lease payment	23,598
Imputed Interest	(4,659)
Present value of operating lease liabilities	$ 18,939	$ 20,137

Federal Home Loan Bank Advanc_2

Federal Home Loan Bank Advances and Other Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Federal Home Loan Bank, Advances [Line Items]
FHLB advances	$ 32,000	$ 39,000
Interest rate	5.65%	5.63%
FHLB advances, maturity term		92 days
Loans pledged to secure FHLB advances	$ 967,000	$ 1,040,000
Additional borrowing capacity	665,600	603,000
Federal Reserve Discount Window
Federal Home Loan Bank, Advances [Line Items]
Unused borrowing capacity	574,400
Carrying value of pledged loans	716,200
Outstanding borrowings	0
Overnight Federal Funds Lines
Federal Home Loan Bank, Advances [Line Items]
Unused borrowing capacity	61,000
Overnight federal funds lines, maximum borrowing capacity	$ 4,000
Advances, interest rate	5.65%
FHLB of San Francisco
Federal Home Loan Bank, Advances [Line Items]
Investment in FHLB capital stock	$ 13,900	$ 12,500

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended	6 Months Ended	12 Months Ended
	May 24, 2022	Jun. 30, 2024	Jun. 30, 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	$ 1,000
Capital investment	$ 69.1
Annual dividend rate (percent)		2%
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)			14,947	512,657
Weighted-average price of stock repurchased and retired (in dollars per share)			$ 14.88	$ 17.22
Additional stock authorized to be repurchased (in shares)		577,777	577,777
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	Jun. 30, 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)	489,300

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Share-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 129	$ 113	$ 265	$ 233
Related tax benefits	29	25	63	50
Unrecognized Expense
Stock options	640		640
Restricted stock awards	338		338
Total unrecognized share-based compensation expense	978		$ 978
Weighted-Average Remaining Expected Recognition Period			2 years 4 months 24 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	72	27	$ 144	63
Unrecognized Expense
Weighted-Average Remaining Expected Recognition Period			2 years 4 months 24 days
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 57	$ 86	$ 121	$ 170
Unrecognized Expense
Weighted-Average Remaining Expected Recognition Period			2 years 3 months 18 days

Share-Based Compensation - Sc_2

Share-Based Compensation - Schedule of Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2024	Dec. 31, 2023
Number of Shares
Outstanding at beginning of period (in shares)	611,364	614,715	614,715
Exercised (in shares)	(5,600)		(8,951)
Outstanding at end of period (in shares)	605,764	611,364	605,764	614,715
Exercisable at end of period (in shares)	350,764		350,764
Weighted-Average Exercise Price Per Share
Outstanding at beginning of period (in dollars per share)	$ 13.91	$ 13.90	$ 13.90
Exercised (in dollars per share)	10.33		10.33
Outstanding at end of period (in dollars per share)	13.95	$ 13.91	13.95	$ 13.90
Exercisable at end of period (in dollars per share)	$ 12.53		$ 12.53
Weighted-Average Contractual Term
Outstanding (in years)	5 years 2 months 12 days	5 years 6 months	5 years 2 months 12 days	5 years 8 months 12 days
Exercised (in years)	1 year		1 year 3 months 18 days
Exercisable (in years)	2 years 7 months 6 days		2 years 7 months 6 days
Aggregated Intrinsic Value
Outstanding	$ 1,413	$ 1,477	$ 1,413	$ 2,788
Exercisable	$ 1,316		$ 1,316

Share-Based Compensation - Unve

Share-Based Compensation - Unvested Stock Options (Details) - $ / shares	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Number of Shares
Outstanding at beginning of period (in shares)	255,000	271,000
Vested (in shares)	0	(16,000)
Outstanding at end of period (in shares)	255,000	255,000
Weighted-Average Exercise Price Per Share
Outstanding at beginning of period (in dollars per share)	$ 15.90	$ 15.85
Vested (in dollars per share)	0	14.96
Outstanding at end of period (in dollars per share)	$ 15.90	$ 15.90

Share-Based Compensation - RSA

Share-Based Compensation - RSA Activity (Details) - Restricted stock awards - $ / shares	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Number of Shares
Outstanding at beginning of period (in shares)	25,400	41,661
Vested (in shares)	0	(16,261)
Forfeited (in shares)	(420)	(420)
Outstanding at end of period (in shares)	24,980	24,980
Weighted-Average Grant Date Fair Value Per Share
Outstanding at beginning of period (in dollars per share)	$ 19.84	$ 17.53
Vested (in dollars per share)	0	13.93
Forfeited (in dollars per share)	15.97	15.97
Outstanding at end of period (in dollars per share)	$ 19.90	$ 19.90

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income tax expense	$ 2,505	$ 3,073	$ 4,322	$ 7,235
Effective tax rate	28.50%	29.10%	28.30%	28.90%
Unrecognized tax benefits	$ 0		$ 0		$ 0
Accrued interest on unrecognized tax benefits	$ 0		$ 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		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Basic earnings per share:
Net income available to common shareholders	$ 6,139	$ 7,477	$ 10,824	$ 17,774
Less: income allocated to unvested restricted stock	(11)	(24)	(20)	(57)
Net income allocated to common stock	$ 6,128	$ 7,453	$ 10,804	$ 17,717
Weighted-average total common shares outstanding (in shares)	14,262,269	14,316,961	14,262,252	14,390,986
Less: weighted-average unvested restricted stock (in shares)	(25,186)	(45,761)	(26,001)	(46,217)
Weighted-average common shares outstanding, basic (in shares)	14,237,083	14,271,200	14,236,251	14,344,769
Basic earnings per share (in dollars per share)	$ 0.43	$ 0.52	$ 0.76	$ 1.24
Diluted earnings per share:
Net income allocated to common stock	$ 6,128	$ 7,453	$ 10,804	$ 17,717
Weighted-average common shares outstanding, basic (in shares)	14,237,083	14,271,200	14,236,251	14,344,769
Diluted effect of stock options (in shares)	75,866	85,576	86,920	124,212
Weighted-average common shares outstanding, diluted (in shares)	14,312,949	14,356,776	14,323,171	14,468,981
Diluted earnings per share (in dollars per share)	$ 0.43	$ 0.52	$ 0.75	$ 1.22

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Stock options excluded in computing diluted earnings per share (in shares)	286,700	187,100	263,000	93,700

Off-Balance Sheet Credit Expo_3

Off-Balance Sheet Credit Exposures, Commitments and Other Contingencies - Schedule of Outstanding Financial Commitments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fixed Rate
Other Commitments [Line Items]
Total	$ 23,154	$ 11,466
Fixed Rate | Unused lines of credit
Other Commitments [Line Items]
Total	12,804	2,808
Fixed Rate | Unfunded loan commitments
Other Commitments [Line Items]
Total	5,192	4,020
Fixed Rate | Standby letters of credit
Other Commitments [Line Items]
Total	5,158	4,638
Fixed Rate | Commercial letters of credit
Other Commitments [Line Items]
Total	0	0
Variable Rate
Other Commitments [Line Items]
Total	366,714	396,636
Variable Rate | Unused lines of credit
Other Commitments [Line Items]
Total	323,317	347,652
Variable Rate | Unfunded loan commitments
Other Commitments [Line Items]
Total	41,746	47,038
Variable Rate | Standby letters of credit
Other Commitments [Line Items]
Total	1,516	1,786
Variable Rate | Commercial letters of credit
Other Commitments [Line Items]
Total	$ 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	6 Months Ended
	Sep. 30, 2023	Jun. 30, 2024	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)	Jun. 30, 2024	Dec. 31, 2023
PCB Bancorp
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	7.41%	7.73%
PCB Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	7.60%	8.07%

Regulatory Matters - Schedule o

Regulatory Matters - Schedule of Regulatory Capital Amounts and Ratios (Details) $ in Thousands	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
PCB Bancorp
Actual
Common tier 1 capital (to risk-weighted assets), amount	$ 293,975	$ 288,174
Common tier 1 capital (to risk-weighted assets), ratio	0.1191	0.1223
Total capital (to risk-weighted assets), amount	$ 393,238	$ 386,125
Total capital (to risk-weighted assets), ratio	0.1594	0.1639
Tier 1 capital (to risk-weighted assets), amount	$ 363,116	$ 357,315
Tier 1 capital (to risk-weighted assets), ratio	0.1471	0.1516
Tier 1 capital (to average assets), amount	$ 363,116	$ 357,315
Tier 1 capital (to average assets), ratio	0.1266	0.1343
Minimum Capital Requirement
Common tier 1 capital (to risk-weighted assets), amount	$ 111,047	$ 106,043
Common tier 1 capital (to risk-weighted assets), ratio	4.50%	4.50%
Total capital (to risk-weighted assets), amount	$ 197,417	$ 188,521
Total capital (to risk-weighted assets), ratio	0.080	0.080
Tier 1 capital (to risk-weighted assets), amount	$ 148,063	$ 141,391
Tier 1 capital (to risk-weighted assets), ratio	0.060	0.060
Tier 1 capital (to average assets), amount	$ 114,736	$ 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	$ 354,851	$ 350,038
Common tier 1 capital (to risk-weighted assets), ratio	0.1438	0.1485
Total capital (to risk-weighted assets), amount	$ 384,974	$ 378,849
Total capital (to risk-weighted assets), ratio	0.1560	0.1607
Tier 1 capital (to risk-weighted assets), amount	$ 354,851	$ 350,038
Tier 1 capital (to risk-weighted assets), ratio	0.1438	0.1485
Tier 1 capital (to average assets), amount	$ 354,851	$ 350,038
Tier 1 capital (to average assets), ratio	0.1237	0.1316
Minimum Capital Requirement
Common tier 1 capital (to risk-weighted assets), amount	$ 111,045	$ 106,081
Common tier 1 capital (to risk-weighted assets), ratio	4.50%	4.50%
Total capital (to risk-weighted assets), amount	$ 197,414	$ 188,588
Total capital (to risk-weighted assets), ratio	0.080	0.080
Tier 1 capital (to risk-weighted assets), amount	$ 148,060	$ 141,441
Tier 1 capital (to risk-weighted assets), ratio	0.060	0.060
Tier 1 capital (to average assets), amount	$ 114,734	$ 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	$ 160,399	$ 153,228
Common tier 1 capital (to risk-weighted assets), ratio	6.50%	6.50%
Total capital (to risk-weighted assets), amount	$ 246,767	$ 235,735
Total capital (to risk-weighted assets), ratio	0.100	0.100
Tier 1 capital (to risk-weighted assets), amount	$ 197,414	$ 188,588
Tier 1 capital (to risk-weighted assets), ratio	0.080	0.080
Tier 1 capital (to average assets), amount	$ 143,417	$ 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		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Total	$ 605	$ 663	$ 1,276	$ 1,272
Total service charges and fees on deposits
Disaggregation of Revenue [Line Items]
Total	364	369	742	713
Monthly service fees
Disaggregation of Revenue [Line Items]
Total	19	26	50	52
Account analysis fees
Disaggregation of Revenue [Line Items]
Total	231	235	465	460
Non-sufficient funds charges
Disaggregation of Revenue [Line Items]
Total	87	88	176	160
Other deposit related fees
Disaggregation of Revenue [Line Items]
Total	27	20	51	41
Debit card fees
Disaggregation of Revenue [Line Items]
Total	18	78	99	151
Gain (loss) on sale of other real estate owned
Disaggregation of Revenue [Line Items]
Total	0	0	13	0
Wire transfer fees
Disaggregation of Revenue [Line Items]
Total	165	161	306	305
Other service charges
Disaggregation of Revenue [Line Items]
Total	$ 58	$ 55	$ 116	$ 103

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares		3 Months Ended		6 Months Ended
	Jul. 25, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Subsequent Event [Line Items]
Cash dividends declared on common stock (in dollars per share)		$ 0.18	$ 0.18	$ 0.36	$ 0.33
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]