Coastal Financial (CCB) 10-Q 6 May 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2022	May 03, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Registrant Name	COASTAL FINANCIAL CORPORATION
Entity Central Index Key	0001437958
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		12,931,917
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Trading Symbol	CCB
Entity File Number	001-38589
Entity Tax Identification Number	56-2392007
Entity Address, Address Line One	5415 Evergreen Way
Entity Address, City or Town	Everett
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98203
City Area Code	425
Local Phone Number	257-9000
Entity Incorporation, State or Country Code	WA
Document Quarterly Report	true
Document Transition Report	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, no par value per share
Security Exchange Name	NASDAQ

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 32,705	$ 14,496
Interest earning deposits with other banks (restricted cash of $0 at March 31, 2022 and December 31, 2021)	649,404	798,665
Investment securities, available for sale, at fair value	134,891	35,327
Investment securities, held to maturity, at amortized cost	1,286	1,296
Other investments	9,931	8,478
Loans receivable	1,964,209	1,742,735
Allowance for loan losses	(38,770)	(28,632)
Total loans receivable, net	1,925,439	1,714,103
Premises and equipment, net	18,135	17,219
Operating lease right-of-use assets	5,836	6,105
Accrued interest receivable	8,824	8,105
Bank-owned life insurance, net	12,342	12,254
Deferred tax asset, net	6,892	6,818
Other assets	28,065	12,651
Total assets	2,833,750	2,635,517
LIABILITIES
Deposits	2,576,470	2,363,787
Federal Home Loan Bank ("FHLB") advances		24,999
Principal amount $25,000 (less unamortized debt issuance costs of $694 and $712 ) at March 31, 2022 and December 31, 2021, respectively	24,306	24,288
Principal amount $3,609 (less unamortized debt issuance costs of $22 and $23 at March 31, 2022 and December 31, 2021, respectively)	3,587	3,586
Deferred compensation	712	744
Accrued interest payable	149	357
Operating lease liabilities	6,054	6,320
Other liabilities	14,552	10,214
Total liabilities	2,625,830	2,434,295
SHAREHOLDERS’ EQUITY
Authorized: 25,000,000 shares at March 31, 2022 and December 31, 2021; issued and outstanding: zero shares at March 31, 2022 and December 31, 2021
Authorized: 300,000,000 shares at March 31, 2022 and December 31, 2021; 12,928,548 shares at March 31, 2022 issued and outstanding and 12,875,315 shares at December 31, 2021 issued and outstanding	122,592	121,845
Retained earnings	85,603	79,373
Accumulated other comprehensive (loss) income, net of tax	(275)	4
Total shareholders’ equity	207,920	201,222
Total liabilities and shareholders’ equity	$ 2,833,750	$ 2,635,517

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Restricted cash	$ 0	$ 0
Preferred stock, no par value
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, no par value
Common stock, shares authorized	300,000,000	300,000,000
Voting Common Stock
Common stock, shares, issued	12,928,548	12,875,315
Common stock, shares, outstanding	12,928,548	12,875,315
Subordinated Debt
Principal amount	$ 25,000	$ 25,000
Unamortized debt issuance cost	694	712
Junior Subordinated Debentures
Principal amount	3,609	3,609
Unamortized debt issuance cost	$ 22	$ 23

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
INTEREST AND DIVIDEND INCOME
Interest and fees on loans	$ 29,632	$ 18,230
Interest on interest earning deposits with other banks	402	70
Interest on investment securities	71	28
Dividends on other investments	37	30
Total interest income	30,142	18,358
INTEREST EXPENSE
Interest on deposits	553	660
Interest on borrowed funds	321	383
Total interest expense	874	1,043
Net interest income	29,268	17,315
PROVISION FOR LOAN LOSSES	12,942	357
Net interest income after provision for loan losses	16,326	16,958
NONINTEREST INCOME
Gain on sales of loans, net		130
Other income	265	184
Total noninterest income	21,986	2,984
NONINTEREST EXPENSE
Salaries and employee benefits	11,085	7,686
Occupancy	1,136	1,058
Software licenses, maintenance and subscriptions	1,052	484
Legal and professional fees	708	760
Data processing	809	697
BaaS expense	12,861	90
Excise taxes	349	359
Federal Deposit Insurance Corporation ("FDIC") assessments	604	195
Director and staff expenses	344	220
Marketing	99	82
Other expense	1,368	721
Total noninterest expense	30,415	12,352
Income before provision for income taxes	7,897	7,590
PROVISION FOR INCOME TAXES	1,667	1,572
NET INCOME	$ 6,230	$ 6,018
Basic earnings per common share	$ 0.48	$ 0.50
Diluted earnings per common share	$ 0.46	$ 0.49
Weighted average number of common shares outstanding:
Basic	12,898,746	11,960,772
Diluted	13,475,337	12,393,493
Deposit Service Charges and Fees
NONINTEREST INCOME
Noninterest income	$ 884	$ 863
BaaS Fees
NONINTEREST INCOME
Noninterest income	20,112	948
Loan Referral Fees
NONINTEREST INCOME
Noninterest income	602	597
Mortgage Broker Fees
NONINTEREST INCOME
Noninterest income	$ 123	$ 262

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement Of Income And Comprehensive Income [Abstract]
NET INCOME	$ 6,230	$ 6,018
Securities available-for-sale
Unrealized holding loss during the period	(349)	(13)
Income tax benefit related to unrealized holding loss	70	3
OTHER COMPREHENSIVE LOSS, net of tax	(279)	(10)
COMPREHENSIVE INCOME	$ 5,951	$ 6,008

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2020	$ 140,217	$ 87,815	$ 52,368	$ 34
Beginning balance, Shares at Dec. 31, 2020		11,954,327
Net income	6,018		6,018
Issuance of restricted stock awards, Shares		5,978
Vesting of restricted stock units, Shares		7,426
Exercise of stock options	151	$ 151
Exercise of stock options, Shares		20,905
Stock-based compensation	363	$ 363
Other comprehensive loss	(10)			(10)
Ending balance at Mar. 31, 2021	146,739	$ 88,329	58,386	24
Ending balance, Shares at Mar. 31, 2021		11,988,636
Beginning balance at Dec. 31, 2021	201,222	$ 121,845	79,373	4
Beginning balance, Shares at Dec. 31, 2021		12,875,315
Net income	6,230		6,230
Vesting of restricted stock units, Shares		26,288
Exercise of stock options	208	$ 208
Exercise of stock options, Shares		26,945
Stock-based compensation	539	$ 539
Other comprehensive loss	(279)			(279)
Ending balance at Mar. 31, 2022	$ 207,920	$ 122,592	$ 85,603	$ (275)
Ending balance, Shares at Mar. 31, 2022		12,928,548

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 6,230	$ 6,018
Adjustments to reconcile net income to net cash provided by operating activities:
PROVISION FOR LOAN LOSSES	12,942	357
Depreciation and amortization	419	416
(Gain) loss on disposition of fixed assets	(35)
Decrease in operating lease right-of-use assets	269	261
Decrease in operating lease liabilities	(266)	(259)
Gain on sales of loans		(130)
Proceeds from sale of loans		2,201
Net (discount accretion) premium amortization on investment securities	(12)	10
Stock-based compensation	539	363
Increase in bank-owned life insurance value	(88)	(51)
Deferred tax benefit	1
Net change in CCBX receivable	(15,181)
Net change in other assets and liabilities	3,164	(745)
Net cash provided by operating activities	7,982	8,441
CASH FLOWS FROM INVESTING ACTIVITIES
Net change in interest earning deposits with other banks	149,261	(43,320)
Purchase of investment securities available for sale	(134,912)	(14,998)
Change in other investments, net	(1,453)	(770)
Principal paydowns of investment securities available-for-sale	7	8
Principal paydowns of investment securities held-to-maturity	10	321
Maturities and calls of investment securities available-for-sale	35,000	15,000
Purchase of loans	(57,268)
Increase in loans receivable, net	(167,010)	(221,665)
Purchases of premises and equipment, net	(1,300)	(502)
Net cash used by investing activities	(177,665)	(265,926)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in demand deposits, NOW and money market, and savings	215,769	254,770
Net decrease in time deposits	(3,086)	(4,362)
Net repayment from long term FHLB borrowing	(24,999)
Net advances from Paycheck Protection Program Liquidity Facility		4,803
Proceeds from exercise of stock options	208	151
Net cash provided by financing activities	187,892	255,362
NET CHANGE IN CASH, DUE FROM BANKS AND RESTRICTED CASH	18,209	(2,123)
CASH, DUE FROM BANKS AND RESTRICTED CASH, beginning of year	14,496	18,965
CASH, DUE FROM BANKS AND RESTRICTED CASH, end of quarter	32,705	16,842
SUPPLEMENTAL SCHEDULE OF OPERATING AND INVESTING ACTIVITIES
Interest paid	761	1,036
Income taxes paid	12
SUPPLEMENTAL SCHEDULE OF NONCASH TRANSACTIONS
Fair value adjustment of securities available-for-sale, gross	$ (13)	(13)
In conjunction with ASU 2016-02 as detailed in Note 6 to the Unaudited Consolidated Financial Statements, the following assets and liabilities were recognized:
Operating lease right-of-use assets		41
Operating lease liabilities		$ (41)

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Description of Business and Summary of Significant Accounting Policies	Note 1 - Description of Business and Summary of Significant Accounting Policies Nature of operations - Coastal Financial Corporation (“Corporation” or “Company”) is a registered bank holding company whose wholly owned subsidiaries are Coastal Community Bank (“Bank”) and Arlington Olympic LLC (“LLC”). The Company is a Washington state corporation that was organized in 2003. The Bank was incorporated and commenced operations in 1997 and is a Washington state-chartered commercial bank that is a member bank of the Federal Reserve system. Arlington Olympic LLC was formed in 2019 and owns the Company’s Arlington branch site, which the Bank leases from the LLC. We are headquartered in Everett, Washington, which by population is the largest city in, and the county seat of, Snohomish County. The Company’s business is conducted through two reportable segments: The community bank and CCBX. The primary focus of the community bank is on providing a wide range of banking products and services to consumers and small to medium-sized businesses, professionals, and individuals in the broader Puget Sound region in the state of Washington through its 14 branches in Snohomish, Island and King Counties, and through the Internet and its mobile banking application. The CCBX segment provides Banking as a Service (“BaaS”) that allows our broker dealers and digital financial service partners to offer their customers banking services. Through CCBX’s partners the Company is able to offer banking services and products across the nation. The Bank’s deposits are insured in whole or in part by the Federal Deposit Insurance Corporation (“FDIC”). The community bank’s loans and deposits are primarily within the greater Puget Sound area, while CCBX loans and deposits are dependent upon the partner’s market. The Bank’s primary funding source is deposits from customers. The Bank is subject to regulation and supervision by the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and the Washington State Department of Financial Institutions Division of Banks. The Federal Reserve also has regulatory and supervisory authority over the Company. Financial statement presentation - The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim reporting requirements and with instructions to Form 10-Q and Article 10 of Regulation S-X, and therefore do not include all the information and notes included in the annual consolidated financial statements in conformity with GAAP. These interim condensed consolidated financial statements and accompanying notes should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes included in the Company’s Annual report on Form 10-K as filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2022. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for future periods. Amounts presented in the consolidated financial statements and footnote tables are rounded and presented in thousands of dollars except per-share amounts, which are presented in dollars. In the narrative footnote discussion, amounts are rounded to thousands and presented in dollars. In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying consolidated financial statements have been made. These adjustments include normal and recurring accruals considered necessary for a fair and accurate presentation. Principles of consolidation - The consolidated financial statements include the accounts of the Company, the Bank and the LLC. All significant intercompany accounts have been eliminated in consolidation. Estimates - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that its critical accounting policies include determining the allowance for loan losses, the valuation of the Company’s deferred tax assets, and fair value of financial instruments. Actual results could differ significantly from those estimates. Subsequent Events - The Company has evaluated events and transactions subsequent to March 31, 2022 for potential recognition or disclosure. Reclassifications - Certain amounts reported in prior quarters' consolidated financial statements may have been reclassified to conform to the current presentation with no effect on stockholders’ equity or net income.

Recent Accounting Standards

Recent Accounting Standards	3 Months Ended
	Mar. 31, 2022
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Recent Accounting Standards	Note 2 - Recent accounting standards Recent Accounting Guidance Not Yet Effective In September 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2022
Investments Debt And Equity Securities [Abstract]
Investment Securities	Note 3 - Investment Securities The amortized cost and fair values of investments in debt securities at the date indicated are as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (dollars in thousands) March 31, 2022 Available-for-sale U.S. Treasury securities $ 134,923 $ 1 $ (350 ) $ 134,574 U.S. Agency collateralized mortgage obligations 62 - - 62 U.S. Agency residential mortgage-backed securities 2 - - 2 Municipal bonds 252 1 - 253 Total available-for-sale securities 135,239 2 (350 ) 134,891 Held-to-maturity U.S. Agency residential mortgage-backed securities 1,286 1 (23 ) 1,264 Total investment securities $ 136,525 $ 3 $ (373 ) $ 136,155 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (dollars in thousands) December 31, 2021 Available-for-sale U.S. Treasury securities $ 34,999 $ - $ (1 ) $ 34,998 U.S. Agency collateralized mortgage obligations 68 2 - 70 U.S. Agency residential mortgage-backed securities 3 - - 3 Municipal bonds 252 4 - 256 Total available-for-sale securities 35,322 6 (1 ) 35,327 Held-to-maturity U.S. Agency residential mortgage-backed securities 1,296 52 - 1,348 Total investment securities $ 36,618 $ 58 $ (1 ) $ 36,675 The amortized cost and fair value of debt securities at March 31, 2022, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers or the underlying borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Mortgage-backed securities and collateralized mortgage obligations are shown separately, since they are not due at a single maturity date. Available-for-Sale Held-to-Maturity Amortized Cost Fair Value Amortized Cost Fair Value (dollars in thousands) March 31, 2022 Amounts maturing in One year or less $ 34,978 $ 34,973 $ - $ - After one year through five years 100,197 99,854 - - 135,175 134,827 - - U.S. Agency residential mortgage-backed securities and collateralized mortgage obligations 64 64 1,286 1,264 $ 135,239 $ 134,891 $ 1,286 $ 1,264 Investments in debt securities with an amortized cost of $35.5 million and $36.0 million at March 31, 2022 and December 31, 2021, respectively, were pledged to secure public deposits and for other purposes as required or permitted by law. During the quarter ended March 31, 2022 , five U.S. Treasury securities w ere purchased for $ 135.0 millio n for their higher yielding return compared to cash on deposit with other banks , and $35.0 million in U.S. Treasury securities matured during the quarter ended March 31, 2022. There were no sales of securities during the three months ended March 31, 2022 or 2021. There were eight securities with a $373,000 unrealized loss as of March 31, 2022. There were four securities in an unrealized loss position as of December 31, 2021. The following table shows the investments’ gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months 12 Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (dollars in thousands) March 31, 2022 Available-for-sale U.S. Treasury securities $ 119,581 $ 350 $ - $ - $ 119,581 $ 350 Total available-for-sale securities 119,581 350 - - 119,581 350 Held-to-maturity U.S. Agency residential mortgage-backed securities 833 23 - - 833 23 Total investment securities $ 120,414 $ 373 $ - $ - $ 120,414 $ 373 Management has evaluated the above securities and does not believe that any individual unrealized loss as of March 31, 2022, represents an other-than-temporary impairment (“OTTI”). Unrealized losses have not been recognized into income because management does not intend to sell and does not expect it will be required to sell the investments. The decline is largely due to changes in market conditions and interest rates, rather than credit quality. The fair value is expected to recover as the underlying securities in the portfolio approach maturity date and market conditions improve. Management believes there is a high probability of collecting all contractual amounts due, because the majority of the securities in the portfolio are backed by government agencies or government sponsored enterprises. However, a recovery in value may not occur for some time, if at all, and may be delayed for greater than the one year time horizon or perhaps even until maturity.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 4 - Loans and Allowance for Loan Losses The composition of the loan portfolio is as follows as of the periods indicated: March 31, December 31, 2022 2021 Commercial and industrial loans $ 394,323 $ 419,060 Real estate loans: Construction, land, and land development 208,108 183,594 Residential real estate 268,716 204,389 Commercial real estate 889,483 835,587 Consumer and other loans 210,343 108,871 Gross loans receivable 1,970,973 1,751,501 Net deferred origination fees and premiums (6,764 ) (8,766 ) Loans receivable $ 1,964,209 $ 1,742,735 Included in commercial and industrial loans are Paycheck Protection Program (“PPP”) loans of $47.5 million at March 31, 2022 and $111.8 million at December 31, 2021. PPP loans are 100% guaranteed by the Small Business Administration (“SBA”). PPP loans had net deferred origination fees of $1.4 million as of March 31, 2022, and $3.6 million as of December 31, 2021. Also included in commercial and industrial loans as of March 31, 2022 and December 31, 2021, is $218.7 million and $202.9 million, respectively in capital call lines, provided to venture capital firms through one of our BaaS clients. These loans are secured by the capital call rights and are individually underwritten to the Bank’s credit standards by our BaaS client and the underwriting is reviewed and approved by the Bank on every line. Included in consumer and other loans are overdrafts of $ and $ 1.3 million at March 31, 2022 and December 31 , 2021 , respectively. The Company has pledged loans totaling $179.2 million and $183.5 million at March 31, 2022 and December 31, 2021, respectively, for borrowing lines at the FHLB and FRB. The balance of SBA and United States Department of Agriculture (“USDA”) loans and participations sold and serviced for others totaled was $17.7 million and $19.3 million at March 31, 2022 and December 31, 2021, respectively. The balance of Main Street Lending Program (“MSLP”) loans participated and serviced totaled $58.0 million and $56.3 million at March 31, 2022 and December 31, 2021, respectively, with $3.1 million and $4.8 million in MSLP loans on the balance sheet and included in commercial and industrial loans at March 31, 2022, and December 31, 2021, respectively. The Company, at times, purchases individual loans at fair value as of the acquisition date. Purchased loans with remaining balances totaled $11.8 million and $12.8 million as of March 31, 2022 and December 31, 2021, respectively. Unamortized premiums totaled $201,000 and $223,000 as of March 31, 2022 and December 31, 2021, respectively, and are amortized into interest income over the life of the loans. The Company has purchased participation loans with remaining balances totaling $26.1 million and $27.9 million as of March 31, 2022 and December 31, 2021, respectively. The Company purchased loans from a CCBX partner, at par, through agreements with that CCBX partner, and those loans had a remaining balance of $111.5 million as of March 31, 2022 and $59.7 million as of December 31, 2021. The Company recorded a receivable from the seller, which is secured by small dollar consumer and business loans. As of March 31, 2022, $107.5 million is included in consumer and other loans and $4.0 million are in commercial and industrial loans, compared to $59.7 million in consumer and other loans as of December 31, 2021. The following is a summary of the Company’s loan portfolio segments: Commercial and industrial loans – Commercial and industrial loans are secured by business assets including inventory, receivables and machinery and equipment of businesses located generally in the Company’s primary market area and capital calls on venture and investment funds. Loan types include PPP loans, revolving lines of credit, term loans, and loans secured by liquid collateral such as cash deposits or marketable securities. Also included in commercial and industrial loans are loans to other financial institutions. Additionally, the Company issues letters of credit on behalf of its customers. Risk arises primarily due to the difference between expected and actual cash flows of the borrowers. In addition, the recoverability of the Company’s investment in these loans is also dependent on other factors primarily dictated by the type of collateral securing these loans. The fair value of the collateral securing these loans may fluctuate as market conditions change. In the case of loans secured by accounts receivable, the recovery of the Company’s investment is dependent upon the borrower’s ability to collect amounts due from its customers. For the three months ended March 31, 2022, $218.7 million in CCBX capital call lines are included in commercial and industrial loans compared to $202.9 million at December 31, 2021. Capital call lines are provided to venture capital firms. These loans are secured by the capital call rights and are individually underwritten to the Bank’s credit standards and the underwriting is reviewed by the Bank on every line/loan. Construction, land and land development loans – The Company originates loans for the construction of 1-4 family, multifamily, and Commercial Real Estate (“CRE”) properties in the Company’s market area. Construction loans are considered to have higher risks due to construction completion and timing risk, the ultimate repayment being sensitive to interest rate changes, government regulation of real property and the availability of long-term financing. Additionally, economic conditions may impact the Company’s ability to recover its investment in construction loans, as adverse economic conditions may negatively impact the real estate market, which could affect the borrower’s ability to complete and sell the project. Additionally, the fair value of the underlying collateral may fluctuate as market conditions change. The Company occasionally originates land loans for the purpose of facilitating the ultimate construction of a home or commercial building. The primary risks include the borrower’s ability to pay and the inability of the Company to recover its investment due to a material decline in the fair value of the underlying collateral. Residential real estate loans – Residential real estate includes various types of loans for which the Company holds real property as collateral. Included in this segment are multi-family loans, first and second lien single family loans, which the Company occasionally purchases to diversify its loan portfolio, and rental portfolios secured by one-to-four family homes. The primary risks of residential real estate loans include the borrower’s inability to pay, material decreases in the value of the collateral, and significant increases in interest rates which may make the loan unprofitable. For the three months ended March 31, 2022, $84.2 million in CCBX loans are included in residential real estate loans, compared to $36.9 million at December 31, 2021. Commercial real estate (includes owner occupied and nonowner occupied) loans – Commercial real estate loans include various types of loans for which the Company holds real property as collateral. We make commercial mortgage loans collateralized by owner-occupied and non-owner-occupied real estate, as well as multi-family residential loans. The primary risks of commercial real estate loans include the borrower’s inability to pay, material decreases in the value of the collateralized real estate and significant increases in interest rates, which may make the real estate loan unprofitable. Commercial real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy. Consumer and other loans – The community bank originates a limited number of consumer loans, generally for banking customers only, which consist primarily of home equity lines of credit, saving account secured loans, and auto loans. This loan category also includes overdrafts. Repayment of these loans is dependent on the borrower’s ability to pay and the fair value of the underlying collateral For the three months ended March 31, 2022, $208.4 million in CCBX loans are included in consumer and other loans compared to $106.8 million at December 31, 2021. CCBX consumer loans include credit cards, consumer term loans and lines of credit. The following table illustrates an age analysis of past due loans as of the dates indicated: 30-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans Recorded Investment 90 Days or More Past Due and Still Accruing (dollars in thousands) March 31, 2022 Commercial and industrial loans $ 92 $ 128 $ 220 $ 394,103 $ 394,323 $ 22 Real estate loans: Construction, land and land development 69 - 69 208,039 208,108 - Residential real estate 669 94 763 267,953 268,716 40 Commercial real estate - - - 889,483 889,483 - Consumer and other loans 8,554 2,099 10,653 199,690 210,343 2,099 $ 9,384 $ 2,321 $ 11,705 $ 1,959,268 $ 1,970,973 $ 2,161 Less net deferred origination fees and premiums (6,764 ) Loans receivable $ 1,964,209 30-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans Recorded Investment 90 Days or More Past Due and Still Accruing (dollars in thousands) December 31, 2021 Commercial and industrial loans $ 259 $ 38 $ 297 $ 418,763 $ 419,060 $ - Real estate loans: Construction, land and land development - - - 183,594 183,594 - Residential real estate 809 94 903 203,486 204,389 39 Commercial real estate - - - 835,587 835,587 - Consumer and other loans 3,901 1,467 5,368 103,503 108,871 1,467 $ 4,969 $ 1,599 $ 6,568 $ 1,744,933 1,751,501 $ 1,506 Less net deferred origination fees and premiums (8,766 ) Loans receivable $ 1,742,735 The following table is a summary of information pertaining to impaired loans as of the period indicated. CCBX loans that are reported using pool accounting and are not subject to impairment analysis, and therefore not included in this table. Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance (dollars in thousands) March 31, 2022 Commercial and industrial loans $ 139 $ 1 $ 129 $ 130 $ 101 Real estate loans: Residential real estate 69 54 - 54 - Total $ 208 $ 55 $ 129 $ 184 $ 101 December 31, 2021 Commercial and industrial loans $ 173 - $ 166 $ 166 $ 132 Real estate loans: Residential real estate 69 55 - 55 - Total $ 242 $ 55 $ 166 $ 221 $ 132 The following tables summarize the Company’s average recorded investment and interest income recognized on impaired loans by loan class for the three months ended March 31, 2022 and 2021: Three Months Ended March 31, 2022 March 31, 2021 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (dollars in thousands) Commercial and industrial loans $ 148 $ - $ 451 $ - Real estate loans Residential real estate 55 - 174 - Total $ 203 $ - $ 625 $ - The Company grants restructurings in response to borrower financial difficulty, and generally provides for a temporary modification of loan repayment terms. The restructured loans on accrual status represent the only impaired loans accruing interest. In order for a restructured loan to be considered for accrual status, the loan’s collateral coverage generally will be greater than or equal to 100 % of the loan balance, the loan is current on payments, and the borrower must either prefund an interest reserve or demonstrate the ability to make payments from a verified source of cash flow for an extended period of time, usually at least six months in duration. No loans were restructured in the three months ended March 31, 2022 and March 31, 2021 that qualified as TDRs. The Company has no commitments to loan additional funds to borrowers whose loans were classified as TDRs at March 31, 2022, as there were no outstanding TDRs at March 31, 2022. Pursuant to guidance from the federal bank regulatory agencies, the Company deferred or modified payments on existing loans to assist customers financially during the COVID-19 pandemic and economic shutdown. As of March 31, 2022 all deferred and modified loans during the COVID-19 pandemic have either returned to active status or paid off. In accordance with GAAP, the CARES Act, as amended by the Consolidated Appropriations Act, 2021, and interagency guidance issued on March 22, 2020 and April 7, 2020, these short-term modifications, made on a good faith basis in response to the COVID-19 pandemic to borrowers that were current prior to any relief, were not considered TDRs. Generally, the accrual of interest on community bank loans is discontinued when, in management’s opinion, the borrower may be unable to meet payments as they become due or when they are 90 days past due as to either principal or interest, unless they are well secured and in the process of collection. Installment/closed-end, and revolving/open-end consumer loans originated by CCBX lending partners will continue to accrue interest until 120 and 180 days past due, respectively. For these loans, an allowance is recorded through provision expense for probable incurred losses. Any principal and interest outstanding on revolving/open-end loans at greater than 180 days past due is charged off against the allowance. Any accrued interest outstanding on installment/closed-end loans at 120 days past due is reversed against the accrued interest allowance. These consumer loans are reported out as substandard, 90+ days past due and still accruing. When loans are placed on nonaccrual status, all accrued interest is reversed from current period earnings. Payments received on nonaccrual loans are generally applied as a reduction to the loan principal balance. If the likelihood of further loss is removed, the Company will recognize interest on a cash basis only. Loans may be returned to accruing status if the Company believes that all remaining principal and interest is fully collectible and there has been at least six months of sustained repayment performance since the loan was placed on nonaccrual. An analysis of nonaccrual loans by category consisted of the following at the periods indicated: March 31, December 31, 2022 2021 Commercial and industrial loans $ 130 $ 166 Real estate loans: Residential real estate 54 55 Total nonaccrual loans $ 184 $ 221 Credit Quality and Credit Risk Federal regulations require that the Company periodically evaluate the risks inherent in its loan portfolio. In addition, the Company’s regulatory agencies have authority to identify problem loans and, if appropriate, require them to be reclassified. There are three classifications for problem loans: Substandard, Doubtful, and Loss. Substandard loans have one or more defined weaknesses and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Doubtful loans have the weaknesses of loans classified as Substandard, with additional characteristics that suggest the weaknesses make collection or recovery in full after liquidation of collateral questionable on the basis of currently existing facts, conditions, and values. Revolving (open-ended loans, such as credit cards) and installment (closed end) consumer loans originated by CCBX partners continue to accrue interest until they are charged-off at 180 days past due for revolving loans (primarily credit cards) and 120 days past due for installment loans (primarily unsecured loans to consumers). These consumer loans are reported out as 90+ days past due and still accruing, and are classified as substandard. There is a high possibility of loss in loans classified as Doubtful. A loan classified as Loss is considered uncollectible and of such little value that continued classification of the credit as a loan is not warranted. If a loan or a portion thereof is classified as Loss, it must be charged-off, meaning the amount of the loss is charged against the allowance for loan losses, thereby reducing that reserve. The Company also classifies some loans as Watch or Other Loans Especially Mentioned (“OLEM”). Loans classified as Watch are performing assets and classified as pass credits but have elements of risk that require more monitoring than other performing loans and are reported in the OLEM column in the following table. Loans classified as OLEM are assets that continue to perform but have shown deterioration in credit quality and require close monitoring. Loans by credit quality risk rating are as follows as of the periods indicated: Pass Other Loans Especially Mentioned Sub- Standard Doubtful Total (dollars in thousands) March 31, 2022 Commercial and industrial loans $ 387,842 $ 6,262 $ 219 $ - $ 394,323 Real estate loans: Construction, land, and land development 208,108 - - - 208,108 Residential real estate 268,506 116 94 - 268,716 Commercial real estate 873,118 9,464 6,901 - 889,483 Consumer and other loans 208,244 - 2,099 - 210,343 $ 1,945,818 $ 15,842 $ 9,313 $ - 1,970,973 Less net deferred origination fees (6,764 ) Loans receivable $ 1,964,209 December 31, 2021 Commercial and industrial loans $ 416,642 $ 2,180 $ 238 $ - $ 419,060 Real estate loans: Construction, land, and land development 183,594 - - - 183,594 Residential real estate 204,173 122 94 - 204,389 Commercial real estate 824,676 10,911 - - 835,587 Consumer and other loans 107,404 - 1,467 - 108,871 $ 1,736,489 $ 13,213 $ 1,799 $ - 1,751,501 Less net deferred origination fees (8,766 ) Loans receivable $ 1,742,735 Allowance for Loan Losses The Company’s ALLL covers estimated credit losses on individually evaluated loans that are determined to be impaired as well as estimated probable losses inherent in the remainder of the loan portfolio. The ALLL for the community bank is prepared using the information provided by the Company’s credit review process and our historical loss data, together with data from peer institutions and economic information gathered from published sources. The loan portfolio is segmented into groups of loans with similar risk profiles. Each segment possesses varying degrees of risk based on the type of loan, the type of collateral, and the sensitivity of the borrower or industry to changes in external factors such as economic conditions. An estimated loss rate calculated from the community bank’s actual historical loss rates adjusted for current portfolio trends, economic conditions, and other relevant internal and external factors, is applied to each group’s aggregate loan balances. CCBX loans have a higher level of expected losses than our community bank loans which is reflected in the factors for the allowance for loan losses. Estimated loss rates for CCBX loans vary by partner, and might be based on actual partner experience, realized losses or losses for comparable products or industry averages. Many of the agreements with our CCBX partners provide for a credit enhancement which protects the Bank by absorbing incurred losses. In accordance with accounting guidance, we estimate and record a provision for probable losses for these CCBX loans. When the provision for loan losses is recorded, a recovery receivable is also recorded on the balance sheet through noninterest income (BaaS fees -credit enhancement). Incurred losses are recorded in the allowance for loan losses, and as the credit enhancement recoveries are received from the CCBX partner, the recovery receivable is relieved. The following tables summarize the allocation of the ALLL, as well as the activity in the ALLL attributed to various segments in the loan portfolio, as of and for the three months ended March 31, 2022: Commercial and Industrial Construction, Land, and Land Development Residential Real Estate Commercial Real Estate Consumer and Other Unallocated Total (dollars in thousands) Three Months Ended March 31, 2022 ALLL balance, December 31, 2021 $ 3,221 $ 6,984 $ 4,598 $ 6,590 $ 7,092 $ 147 $ 28,632 Provision for loan losses or (recapture) 296 608 1,160 (1,273 ) 10,823 1,328 12,942 3,517 7,592 5,758 5,317 17,915 1,475 41,574 Loans charged-off (5 ) - - - (2,803 ) - (2,808 ) Recoveries of loans previously charged-off 2 - - - 2 - 4 Net (charge-offs) recoveries (3 ) - - - (2,801 ) - (2,804 ) ALLL balance, March 31, 2022 $ 3,514 $ 7,592 $ 5,758 $ 5,317 $ 15,114 $ 1,475 $ 38,770 As of March 31, 2022 ALLL amounts allocated to Individually evaluated for impairment $ 101 $ - $ - $ - $ - $ - $ 101 Collectively evaluated for impairment 3,413 7,592 5,758 5,317 15,114 1,475 38,669 ALLL balance, March 31, 2022 $ 3,514 $ 7,592 $ 5,758 $ 5,317 $ 15,114 $ 1,475 $ 38,770 Loans individually evaluated for impairment $ 130 $ - $ 54 $ - $ - $ 184 Loans collectively evaluated for impairment 394,193 208,108 268,662 889,483 210,343 1,970,789 Loan balance, March 31, 2022 $ 394,323 $ 208,108 $ 268,716 $ 889,483 $ 210,343 $ 1,970,973 Three Months Ended March 31, 2021 ALLL balance, December 31, 2020 $ 3,353 $ 3,545 $ 3,410 $ 7,810 $ 127 $ 1,017 $ 19,262 Provision for loan losses or (recapture) 43 437 (239 ) 143 (19 ) (8 ) 357 3,396 3,982 3,171 7,953 108 1,009 19,619 Loans charged-off (14 ) - - - (4 ) - (18 ) Recoveries of loans previously charged-off 5 - - - 4 - 9 Net (charge-offs) recoveries (9 ) - - - - - (9 ) ALLL balance, March 31, 2021 $ 3,387 $ 3,982 $ 3,171 $ 7,953 $ 108 $ 1,009 $ 19,610 As of March 31, 2021 ALLL amounts allocated to Individually evaluated for impairment $ 118 $ - $ - $ - $ - $ - $ 118 Collectively evaluated for impairment 3,269 3,982 3,171 7,953 108 1,009 19,492 ALLL balance, March 31, 2021 $ 3,387 $ 3,982 $ 3,171 $ 7,953 $ 108 $ 1,009 $ 19,610 Loans individually evaluated for impairment $ 488 $ - $ 173 $ - $ - $ 661 Loans collectively evaluated for impairment 745,786 104,596 136,244 793,633 4,114 1,784,373 Loan balance, March 31, 2021 $ 746,274 $ 104,596 $ 136,417 $ 793,633 $ 4,114 $ 1,785,034 The following table summarizes the allocation of the ALLL attributed to various segments in the loan portfolio as of December 31, 2021. Commercial and Industrial Construction, Land, and Land Development Residential Real Estate Commercial Real Estate Consumer and Other Unallocated Total (dollars in thousands) As of December 31, 2021 ALLL amounts allocated to Individually evaluated for impairment $ 132 $ - $ - $ - $ - $ - $ 132 Collectively evaluated for impairment 3,089 6,984 4,598 6,590 7,092 147 28,500 ALLL balance, December 31, 2021 $ 3,221 $ 6,984 $ 4,598 $ 6,590 $ 7,092 $ 147 $ 28,632 Loans individually evaluated for impairment $ 166 $ - $ 55 $ - $ - $ 221 Loans collectively evaluated for impairment 418,894 183,594 204,334 835,587 108,871 1,751,280 Loan balance, December 31, 2021 $ 419,060 $ 183,594 $ 204,389 $ 835,587 $ 108,871 $ 1,751,501

Deposits

Deposits	3 Months Ended
	Mar. 31, 2022
Deposits [Abstract]
Deposits	Note 5 - Deposits The composition of consolidated deposits consisted of the following at the periods indicated: March 31, December 31, 2022 2021 Demand, noninterest bearing $ 838,044 $ 1,355,908 NOW and money market 1,516,546 789,709 Savings 106,364 103,956 Total core deposits 2,460,954 2,249,573 BaaS-brokered deposits 75,145 70,757 Time deposits less than $250,000 29,200 31,057 Time deposits $250,000 and over 11,171 12,400 Total deposits $ 2,576,470 $ 2,363,787 The following table presents the maturity distribution of time deposits as of March 31, 2022 (dollars in thousands): (dollars in thousands) Twelve months $ 31,225 One to two years 5,542 Two to three years 1,733 Three to four years 1,234 Four to five years 637 $ 40,371 Our CCBX partners originate deposits and these deposits were primarily noninterest bearing prior to the recent rate increase by the Federal Open Market Committee (“FOMC”). Many of these CCBX deposits became interest bearing during the quarter ended March 31, 2022, and were reclassified to interest bearing deposits from noninterest bearing deposits, when the FOMC raised rates 0.25% in mid-March 2022. The amount of deposits that move to interest bearing will increase as rates are raised by the FOMC thereafter. Once the Fed Funds rate increases to 1.00%, most of the CCBX noninterest bearing deposits will be interest bearing.

Leases

Leases	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Leases	Note 6 - Leases The Company has committed to rent premises used in business operations under non-cancelable operating leases and determines if an arrangement meets the definition of a lease upon inception. Operating lease right-of-use (“ROU”) assets represent a right to use an underlying asset for the contractual lease term. Operating lease liabilities represent an obligation to make lease payments arising from the lease. An operating lease ROU asset and operating lease liability will be recognized for any new operating leases at the commencement of the new lease. The Company’s leases do not provide an implicit interest rate, therefore the Company used its incremental collateralized borrowing rates commensurate with the underlying lease terms to determine the present value of operating lease liabilities. No leases renewed during the three months ended March 31, 2022. The Company’s operating lease agreements contain both lease and non-lease components, which are generally accounted for separately. The Company’s lease agreements do not contain any residual value guarantees. Operating leases with terms of 12 months or less are not included in ROU assets and operating lease liabilities recorded in the Company’s consolidated balance sheets. Operating lease terms include options to extend when it is reasonably certain that the Company will exercise such options, determined on a lease-by-lease basis. As of March 31, 2022, the Company has one sublease that has not yet commenced. At March 31, 2022, lease expiration dates ranged from ten months to 22.9 years, with additional renewal options on certain leases typically ranging from 5 to 10 years. At March 31, 2022, the weighted average remaining lease term for the Company’s operating leases was 8.4 years. Rental expense for operating leases is recognized on a straight-line basis over the lease term and amounted to $346,000 and $341,000, respectively, for the three months ended March 31, 2022 and 2021. Variable lease components, such as inflation adjustments, are expensed as incurred and not included in ROU assets and operating lease liabilities. The following table presents the minimum annual lease payments under the terms of these leases, inclusive of renewal options that the Company is reasonably certain to renew, at March 31, 2022: March 31, 2022 (dollars in thousands) April 1, 2022 to December 31, 2022 $ 962 2023 1,272 2024 864 2025 714 2026 719 2027 and thereafter 2,490 Total lease payments 7,021 Less: amounts representing interest 967 Present value of lease liabilities $ 6,054 The following table presents the components of total lease expense and operating cash flows for the three months ended March 31, 2022 and 2020: Three Months Ended March 31, March 31, 2022 2021 (dollars in thousands) Lease expense: Operating lease expense $ 320 $ 321 Variable lease expense 41 34 Total lease expense (1) $ 361 $ 355 Cash paid: Cash paid reducing operating lease liabilities $ 358 $ 352 (1) Included in net occupancy expense in the Condensed Consolidated Statements of Income (Unaudited). The Company entered into a five-year

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	Note 7 - Stock-Based Compensation - Stock Options and Restricted Stock The 2018 Coastal Financial Corporation Omnibus Plan (2018 Plan) authorizes the Company to grant awards, including but not limited to, stock options, restricted stock units, and restricted stock awards, to eligible employees, directors or individuals that provide service to the Company, up to an aggregate of 500,000 shares of common stock. On May 24, 2021, the Company’s shareholders approved the First Amendment to the 2018 Plan, which increased the authorized plan shares by 600,000. The 2018 Plan replaces both the 2006 Plan and the Directors’ Stock Bonus Plan (2006 Plan). Existing awards will vest under the terms granted and no further awards will be granted under these prior plans. Shares available to be granted under the 2018 plan were 615,630 at March 31, 2022. Stock Option Awards The fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model. Expected volatilities are based on historical volatility of the Company’s stock and other factors. The Company uses the vesting term and contractual life to determine the expected life. The risk-free interest rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Compensation expense related to unvested stock option awards is reversed at date of forfeiture. There were no new stock options granted in the three months ended March 31, 2022. A summary of stock option activity under the 2018 Plan and 2006 Plan during the three months ended March 31, 2022: Options Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (dollars in thousands, except per share amounts) Outstanding at December 31, 2021 694,519 $ 7.79 4.0 $ 29,744 Granted - - Exercised (26,660 ) $ 7.11 Forfeited or expired (800 ) 7.63 Outstanding at March 31, 2022 667,059 $ 7.79 3.8 $ 25,323 Vested or expected to vest at March 31, 2022 667,059 $ 7.79 3.8 $ 25,323 Exercisable at March 31, 2022 381,947 $ 6.85 2.9 $ 14,856 The total or aggregate intrinsic value (which is the amount by which the stock price exceeds the exercise price) of options exercised during the three months ended March 31, 2022 and 2021, was $1.1 million and $357,000, respectively. As of March 31, 2022, there was $1.4 million of total unrecognized compensation cost related to nonvested stock options granted under the 2018 Plan and 2006 Plan. Total unrecognized compensation costs are adjusted for unvested forfeitures. The Company expects to recognize that cost over a weighted-average period of approximately 4.8 years. Compensation expense recorded related to stock options was $120,000 and $89,000 for the three months ended March 31, 2022 and 2021, respectively. Restricted Stock Units In January 2022, the Company granted 53,721 restricted stock units under the 2018 Plan to employees, which vest ratably over 4 years. In February 2022, the Company granted 150 restricted stock units under the 2018 Plan to an employee, which vest ratably over 10 years. Restricted stock units provide for an interest in Company common stock to the recipient, the underlying stock is not issued until certain conditions are met. Vesting requirements include time-based, performance-based, or market-based conditions. Recipients of restricted stock units do not pay any cash consideration to the Company for the units and the holders of the restricted units do not have voting rights. The fair value of time-based and performance-based units is equal to the fair market value of the Company’s common stock on the grant date. The fair value of market-based units is estimated on the grant date using the Monte Carlo simulation model. Compensation expense is recognized over the vesting period that the awards are based. Restricted stock units are nonparticipating securities. As of March 31, 2022, there was $7.5 million of total unrecognized compensation cost related to nonvested restricted stock units. The Company expects to recognize that cost over the remaining weighted-average vesting period of approximately 5.6 years. Compensation expense recorded related to restricted stock units was $374,000 and $101,000 for the three months ended March 31, 2022 and 2021, respectively. A summary of the Company’s nonvested shares at March 31, 2022 and changes during the three month period is presented below: Nonvested shares Shares Weighted- Average Grant Date Fair Value Total or Aggregate Intrinsic Value (dollars in thousands, except per share amounts) Nonvested shares at December 31, 2021 269,844 $ 21.70 $ 7,803 Granted 53,871 $ 49.19 Forfeited (1,261 ) $ 19.00 Vested (25,788 ) $ 19.90 Nonvested shares at March 31, 2022 296,666 $ 26.86 $ 5,603 Restricted Stock Awards Employees There were no new restricted stock awards granted in the three months ended March 31, 2022. The fair value of restricted stock awards is equal to the fair value of the Company’s stock at the date of grant. Compensation expense is recognized over the vesting period that the awards are based. Restricted stock awards are participating securities. As of March 31, 2022, there was $53,000 of total unrecognized compensation cost related to nonvested restricted stock awards. The Company expects to recognize that cost over the remaining weighted-average vesting period of approximately 5.8 years. Compensation expense recorded related to restricted stock awards was $2,000 and $127,000 for the three months ended March 31, 2022 and 2021, respectively. Director’s Stock Compensation Under the 2018 Plan, eligible directors are granted stock with a total market value of $15,000, and the Board Chair is granted stock with a total market value of $25,000. Stock is granted as of each annual meeting date and will cliff vest one day prior to the next annual meeting date. During the vesting period, the grants are considered participating securities. No new shares were granted during the three months ended March 31, 2022. On May 24, 2021, As of March 31, 2022, there was $20,000 of total unrecognized compensation expense related to director restricted stock awards. Director compensation expense recorded related to the 2018 Plan totaled $38,000 and $46,000 for the three months ended March 31, 2022 and 2021, respectively. A summary of the Company’s nonvested shares at March 31, 2022 and changes during the three-month period is presented below: Nonvested shares Shares Weighted- Average Grant Date Fair Value Total or Aggregate Intrinsic Value (dollars in thousands, except per share amounts) Nonvested shares at December 31, 2021 10,203 $ 23.78 $ 274 Granted - $ - Forfeited - $ - Vested (2,467 ) $ 17.81 Nonvested shares at March 31, 2022 7,736 $ 24.82 $ 175

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 8 - Fair Value Measurements The following tables present estimated fair values of the Company’s financial instruments as of the period indicated, whether or not recognized or recorded in the consolidated balance sheets at the period indicated: March 31, 2022 Fair Value Measurements Using Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets Cash and due from banks $ 32,705 $ 32,705 $ 32,705 $ - $ - Interest earning deposits with other banks 649,404 649,404 649,404 - - Investment securities 136,177 136,155 134,574 1,581 - Other investments 9,931 9,931 - 7,259 2,672 Loans receivable 1,925,439 1,892,105 - - 1,892,105 Accrued interest receivable 8,824 8,824 - 8,824 - Financial liabilities Deposits $ 2,576,470 2,575,891 $ - $ 2,575,891 $ - Subordinated debt 24,306 20,143 - 20,143 - Junior subordinated debentures 3,587 2,660 - 2,660 - Accrued interest payable 6,054 6,054 - 6,054 - December 31, 2021 Fair Value Measurements Using Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets Cash and due from banks $ 14,496 $ 14,496 $ 14,496 $ - $ - Interest earning deposits with other banks 798,665 798,665 798,665 - - Investment securities 36,623 36,675 34,998 1,677 - Other investments 8,478 8,478 - 6,156 2,322 Loans receivable, net 1,714,103 1,686,124 - - 1,686,124 Accrued interest receivable 8,105 8,105 - 8,105 - Financial liabilities Deposits $ 2,363,787 $ 2,363,624 $ - $ 2,363,624 $ - FHLB advances 24,999 24,447 - 24,447 - Subordinated debt 24,288 21,891 - 21,891 - Junior subordinated debentures 3,586 2,771 - 2,771 - Accrued interest payable 357 357 - 357 - The Company measures and discloses certain assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (that is, not a forced liquidation or distressed sale). GAAP establishes a consistent framework for measuring fair value and disclosure requirements about fair value measurements. Among other things, the accounting standard requires the reporting entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s estimates for market assumptions. These two types of inputs create the following fair value hierarchy: • Level 1 – Quoted prices in active markets for identical instruments. An active market is a market in which transactions occur with sufficient frequency and volume to provide pricing information on an ongoing basis. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available. • Level 2 – Observable inputs other than Level 1 including quoted prices in active markets for similar instruments, quoted prices in less active markets for identical or similar instruments, or other observable inputs that can be corroborated by observable market data. • Level 3 – Unobservable inputs supported by little or no market activity for financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation; also includes observable inputs from nonbinding single dealer quotes not corroborated by observable market data. The estimated fair value amounts of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize at a future date. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. In addition, reasonable comparability between financial institutions may not be likely due to the wide range of permitted valuation techniques and numerous estimates that must be made given the absence of active secondary markets for certain financial instruments. This lack of uniform valuation methodologies also introduces a greater degree of subjectivity to these estimated fair values. Items measured at fair value on a recurring basis – The following fair value hierarchy table presents information about the Company’s assets that are measured at fair value on a recurring basis at the dates indicated: Level 1 Level 2 Level 3 Total Fair Value (dollars in thousands) March 31, 2022 Available-for-sale U.S. Treasury securities $ 134,574 $ - $ - $ 134,574 U.S. Agency collateralized mortgage obligations - 62 - 62 U.S. Agency residential mortgage-backed securities - 2 - 2 Municipals - 253 - 253 $ 134,574 $ 317 $ - $ 134,891 December 31, 2021 Available-for-sale U.S. Treasury securities $ 34,998 $ - $ - $ 34,998 U.S. Agency collateralized mortgage obligations - 70 - 70 U.S. Agency residential mortgage-backed securities - 3 - 3 Municipals - 256 - 256 $ 34,998 $ 329 $ - $ 35,327 The following methods were used to estimate the fair value of the class of financial instruments above: Investment securities - The fair value of securities is based on quoted market prices, pricing models, quoted prices of similar securities, independent pricing sources, and discounted cash flows. Limitations: The fair value estimates presented herein are based on pertinent information available to management as of March 31, 2022 and December 31, 2021. The factors used in the fair values estimates are subject to change subsequent to the dates the fair value estimates are completed, therefore, current estimates of fair value may differ significantly from the amounts presented herein. Assets measured at fair value using significant unobservable inputs (Level 3) The following table presents the carrying value of equity securities without readily determinable fair values, as of March 31, 2022, with adjustments recorded during the periods presented for those securities with observable price changes, if applicable. For the Three Months Ended March 31, (Dollars in thousands) 2022 2021 Carrying value, beginning of period $ 2,322 $ 850 Addition of equity securities 350 - Upward carrying value changes - - Carrying value, end of period $ 2,672 $ 850 The following table provides a description of the valuation technique, unobservable inputs, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a nonrecurring basis at the dates indicated: Valuation Technique Unobservable Inputs March 31, 2022 Weighted Average Rate December 31, 2021 Weighted Average Rate Impaired loans Collateral valuations Discount to appraised value 8% 8% Items measured at fair value on a nonrecurring basis – The following table presents financial assets and liabilities measured at fair value on a nonrecurring basis and the level within the fair value hierarchy of the fair value measurements for those assets at the dates indicated: Level 1 Level 2 Level 3 Total Fair Value (dollars in thousands) March 31, 2022 Impaired loans $ - $ - $ 184 $ 184 Equity securities 2,672 2,672 Total $ - $ - $ 2,856 $ 2,856 December 31, 2021 Impaired loans $ - $ - $ 221 $ 221 Equity securities 2,322 2,322 Total $ - $ - $ 2,543 $ 2,543 The amounts disclosed above represent the fair values at the time the nonrecurring fair value measurements were made, and not necessarily the fair value as of the dates reported on. Impaired loans - A loan is considered impaired when it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement. Impairment is measured based on the fair value of the underlying collateral or the discounted cash expected future cash flows. Subsequent changes in the value of impaired loans are included within the provision for loan losses in the same manner in which impairment initially was recognized or as a reduction in the provision that would otherwise be reported. Impaired loans are evaluated quarterly to determine if valuation adjustments should be recorded. The need for valuation adjustments arises when observable market prices or current appraised values of collateral indicate a shortfall in collateral value compared to current carrying values of the related loan. If the Company determines that the value of the impaired loan is less than the carrying value of the loan, the Company either establishes an impairment reserve as a specific component of the allowance for loan losses or charges off the impairment amount. These valuation adjustments are considered nonrecurring fair value adjustments. Equity securities – The Company measures equity securities without readily determinable fair values at cost less impairment (if any), plus or minus observable price changes from an identical or similar investment of the same issuer, with price changes recognized in earnings.

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Common Share	Note 9 - Earnings Per Common Share The following is a computation of basic and diluted earnings per common share at the periods indicated: Three Months Ended March 31, 2022 March 31, 2021 (dollars in thousands, except per share data) Net Income $ 6,230 $ 6,018 Basic weighted average number common shares outstanding 12,898,746 11,960,772 Dilutive effect of equity-based awards 576,591 432,721 Diluted weighted average number common shares outstanding 13,475,337 12,393,493 Basic earnings per share $ 0.48 $ 0.50 Diluted earnings per share $ 0.46 $ 0.49 Antidilutive stock options and restricted stock outstanding 154,871 181,084 Under the two-class method, earnings available to common shareholders for the period are allocated between common shareholders and participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings, however the difference in the two-class method was not significant.

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Segment Reporting	Note 10 – Segment Reporting As defined in ASC 280, Segment Reporting Income and expenses that are specific to CCBX are recorded to the CCBX segment. Additionally, certain indirect expenses are allocated to CCBX utilizing various metrics, such as number of employees, utilization of space, and allocations based on loan and deposit balances. Included in noninterest expense for the bank is administrative overhead/expenses from which both the community bank and CCBX benefit. Summarized financial information concerning the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables for the periods indicated: March 31, 2022 December 31, 2021 Bank CCBX Total Bank CCBX Total (dollars in thousands) Total assets $ 2,296,670 $ 537,080 $ 2,833,750 $ 2,282,514 $ 353,003 $ 2,635,517 Total loans receivable $ 1,448,820 $ 515,389 $ 1,964,209 $ 1,396,060 $ 346,675 $ 1,742,735 Allowance for loan losses $ (20,643 ) $ (18,127 ) $ (38,770 ) $ (20,299 ) $ (8,333 ) $ (28,632 ) Total deposits $ 1,677,004 $ 899,466 $ 2,576,470 $ 1,647,529 $ 716,258 $ 2,363,787 Three months ended March 31, 2022 Three months ended March 31, 2021 Bank CCBX Total Bank CCBX Total (dollars in thousands) Net interest income $ 17,394 $ 11,874 $ 29,268 $ 16,926 $ 389 $ 17,315 Provision for loan losses $ 344 $ 12,598 $ 12,942 $ 320 $ 37 $ 357 Noninterest income (1) $ 1,804 $ 20,182 $ 21,986 $ 2,036 $ 948 $ 2,984 Noninterest expense $ 13,565 $ 16,850 $ 30,415 $ 11,140 $ 1,212 $ 12,352 (1) For the three months ended March 31, 2022, CCBX noninterest income includes credit enhancement recovery of $13.1 million, servicing and other BaaS fees of $1.7 million, fraud recovery of $4.6 million, reimbursement of expenses of $372,000, interchange income of $432,000, and other of $69,000. For the three months ended March 31, 2021, CCBX noninterest income includes servicing and other BaaS fees of $730,000, reimbursement of expenses of $183,000 and interchange income of $35,000.

Description of Business and S_2

Description of Business and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Nature of Operations	Nature of operations - Coastal Financial Corporation (“Corporation” or “Company”) is a registered bank holding company whose wholly owned subsidiaries are Coastal Community Bank (“Bank”) and Arlington Olympic LLC (“LLC”). The Company is a Washington state corporation that was organized in 2003. The Bank was incorporated and commenced operations in 1997 and is a Washington state-chartered commercial bank that is a member bank of the Federal Reserve system. Arlington Olympic LLC was formed in 2019 and owns the Company’s Arlington branch site, which the Bank leases from the LLC. We are headquartered in Everett, Washington, which by population is the largest city in, and the county seat of, Snohomish County. The Company’s business is conducted through two reportable segments: The community bank and CCBX. The primary focus of the community bank is on providing a wide range of banking products and services to consumers and small to medium-sized businesses, professionals, and individuals in the broader Puget Sound region in the state of Washington through its 14 branches in Snohomish, Island and King Counties, and through the Internet and its mobile banking application. The CCBX segment provides Banking as a Service (“BaaS”) that allows our broker dealers and digital financial service partners to offer their customers banking services. Through CCBX’s partners the Company is able to offer banking services and products across the nation. The Bank’s deposits are insured in whole or in part by the Federal Deposit Insurance Corporation (“FDIC”). The community bank’s loans and deposits are primarily within the greater Puget Sound area, while CCBX loans and deposits are dependent upon the partner’s market. The Bank’s primary funding source is deposits from customers. The Bank is subject to regulation and supervision by the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and the Washington State Department of Financial Institutions Division of Banks. The Federal Reserve also has regulatory and supervisory authority over the Company.
Financial Statement Preparation	Financial statement presentation - The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim reporting requirements and with instructions to Form 10-Q and Article 10 of Regulation S-X, and therefore do not include all the information and notes included in the annual consolidated financial statements in conformity with GAAP. These interim condensed consolidated financial statements and accompanying notes should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes included in the Company’s Annual report on Form 10-K as filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2022. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for future periods. Amounts presented in the consolidated financial statements and footnote tables are rounded and presented in thousands of dollars except per-share amounts, which are presented in dollars. In the narrative footnote discussion, amounts are rounded to thousands and presented in dollars. In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying consolidated financial statements have been made. These adjustments include normal and recurring accruals considered necessary for a fair and accurate presentation.
Principles of Consolidation	Principles of consolidation - The consolidated financial statements include the accounts of the Company, the Bank and the LLC. All significant intercompany accounts have been eliminated in consolidation.
Estimates	Estimates - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that its critical accounting policies include determining the allowance for loan losses, the valuation of the Company’s deferred tax assets, and fair value of financial instruments. Actual results could differ significantly from those estimates.
Subsequent Events	Subsequent Events - The Company has evaluated events and transactions subsequent to March 31, 2022 for potential recognition or disclosure.
Reclassifications	Reclassifications - Certain amounts reported in prior quarters' consolidated financial statements may have been reclassified to conform to the current presentation with no effect on stockholders’ equity or net income.
Recent Accounting Guidance Not Yet Effective	Recent Accounting Guidance Not Yet Effective In September 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investments Debt And Equity Securities [Abstract]
Amortized Cost and Fair Values of Investments in Debt Securities	The amortized cost and fair values of investments in debt securities at the date indicated are as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (dollars in thousands) March 31, 2022 Available-for-sale U.S. Treasury securities $ 134,923 $ 1 $ (350 ) $ 134,574 U.S. Agency collateralized mortgage obligations 62 - - 62 U.S. Agency residential mortgage-backed securities 2 - - 2 Municipal bonds 252 1 - 253 Total available-for-sale securities 135,239 2 (350 ) 134,891 Held-to-maturity U.S. Agency residential mortgage-backed securities 1,286 1 (23 ) 1,264 Total investment securities $ 136,525 $ 3 $ (373 ) $ 136,155 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (dollars in thousands) December 31, 2021 Available-for-sale U.S. Treasury securities $ 34,999 $ - $ (1 ) $ 34,998 U.S. Agency collateralized mortgage obligations 68 2 - 70 U.S. Agency residential mortgage-backed securities 3 - - 3 Municipal bonds 252 4 - 256 Total available-for-sale securities 35,322 6 (1 ) 35,327 Held-to-maturity U.S. Agency residential mortgage-backed securities 1,296 52 - 1,348 Total investment securities $ 36,618 $ 58 $ (1 ) $ 36,675
Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	Mortgage-backed securities and collateralized mortgage obligations are shown separately, since they are not due at a single maturity date. Available-for-Sale Held-to-Maturity Amortized Cost Fair Value Amortized Cost Fair Value (dollars in thousands) March 31, 2022 Amounts maturing in One year or less $ 34,978 $ 34,973 $ - $ - After one year through five years 100,197 99,854 - - 135,175 134,827 - - U.S. Agency residential mortgage-backed securities and collateralized mortgage obligations 64 64 1,286 1,264 $ 135,239 $ 134,891 $ 1,286 $ 1,264
Summary of Investment Securities Continuous Unrealized Loss Position	The following table shows the investments’ gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months 12 Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses (dollars in thousands) March 31, 2022 Available-for-sale U.S. Treasury securities $ 119,581 $ 350 $ - $ - $ 119,581 $ 350 Total available-for-sale securities 119,581 350 - - 119,581 350 Held-to-maturity U.S. Agency residential mortgage-backed securities 833 23 - - 833 23 Total investment securities $ 120,414 $ 373 $ - $ - $ 120,414 $ 373

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Composition of Loan Portfolio	The composition of the loan portfolio is as follows as of the periods indicated: March 31, December 31, 2022 2021 Commercial and industrial loans $ 394,323 $ 419,060 Real estate loans: Construction, land, and land development 208,108 183,594 Residential real estate 268,716 204,389 Commercial real estate 889,483 835,587 Consumer and other loans 210,343 108,871 Gross loans receivable 1,970,973 1,751,501 Net deferred origination fees and premiums (6,764 ) (8,766 ) Loans receivable $ 1,964,209 $ 1,742,735
Summary of an Age Analysis of Past Due Loans	The following table illustrates an age analysis of past due loans as of the dates indicated: 30-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans Recorded Investment 90 Days or More Past Due and Still Accruing (dollars in thousands) March 31, 2022 Commercial and industrial loans $ 92 $ 128 $ 220 $ 394,103 $ 394,323 $ 22 Real estate loans: Construction, land and land development 69 - 69 208,039 208,108 - Residential real estate 669 94 763 267,953 268,716 40 Commercial real estate - - - 889,483 889,483 - Consumer and other loans 8,554 2,099 10,653 199,690 210,343 2,099 $ 9,384 $ 2,321 $ 11,705 $ 1,959,268 $ 1,970,973 $ 2,161 Less net deferred origination fees and premiums (6,764 ) Loans receivable $ 1,964,209 30-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans Recorded Investment 90 Days or More Past Due and Still Accruing (dollars in thousands) December 31, 2021 Commercial and industrial loans $ 259 $ 38 $ 297 $ 418,763 $ 419,060 $ - Real estate loans: Construction, land and land development - - - 183,594 183,594 - Residential real estate 809 94 903 203,486 204,389 39 Commercial real estate - - - 835,587 835,587 - Consumer and other loans 3,901 1,467 5,368 103,503 108,871 1,467 $ 4,969 $ 1,599 $ 6,568 $ 1,744,933 1,751,501 $ 1,506 Less net deferred origination fees and premiums (8,766 ) Loans receivable $ 1,742,735
Summary of Information Pertaining to Impaired Loans	The following table is a summary of information pertaining to impaired loans as of the period indicated. CCBX loans that are reported using pool accounting and are not subject to impairment analysis, and therefore not included in this table. Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance (dollars in thousands) March 31, 2022 Commercial and industrial loans $ 139 $ 1 $ 129 $ 130 $ 101 Real estate loans: Residential real estate 69 54 - 54 - Total $ 208 $ 55 $ 129 $ 184 $ 101 December 31, 2021 Commercial and industrial loans $ 173 - $ 166 $ 166 $ 132 Real estate loans: Residential real estate 69 55 - 55 - Total $ 242 $ 55 $ 166 $ 221 $ 132
Summary of Average Recorded Investment and Interest Income Recognized on Impaired Loans	The following tables summarize the Company’s average recorded investment and interest income recognized on impaired loans by loan class for the three months ended March 31, 2022 and 2021: Three Months Ended March 31, 2022 March 31, 2021 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (dollars in thousands) Commercial and industrial loans $ 148 $ - $ 451 $ - Real estate loans Residential real estate 55 - 174 - Total $ 203 $ - $ 625 $ -
Analysis of Nonaccrual Loans by Category	An analysis of nonaccrual loans by category consisted of the following at the periods indicated: March 31, December 31, 2022 2021 Commercial and industrial loans $ 130 $ 166 Real estate loans: Residential real estate 54 55 Total nonaccrual loans $ 184 $ 221
Summary of Loans by Credit Quality Risk Rating	Loans by credit quality risk rating are as follows as of the periods indicated: Pass Other Loans Especially Mentioned Sub- Standard Doubtful Total (dollars in thousands) March 31, 2022 Commercial and industrial loans $ 387,842 $ 6,262 $ 219 $ - $ 394,323 Real estate loans: Construction, land, and land development 208,108 - - - 208,108 Residential real estate 268,506 116 94 - 268,716 Commercial real estate 873,118 9,464 6,901 - 889,483 Consumer and other loans 208,244 - 2,099 - 210,343 $ 1,945,818 $ 15,842 $ 9,313 $ - 1,970,973 Less net deferred origination fees (6,764 ) Loans receivable $ 1,964,209 December 31, 2021 Commercial and industrial loans $ 416,642 $ 2,180 $ 238 $ - $ 419,060 Real estate loans: Construction, land, and land development 183,594 - - - 183,594 Residential real estate 204,173 122 94 - 204,389 Commercial real estate 824,676 10,911 - - 835,587 Consumer and other loans 107,404 - 1,467 - 108,871 $ 1,736,489 $ 13,213 $ 1,799 $ - 1,751,501 Less net deferred origination fees (8,766 ) Loans receivable $ 1,742,735
Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan	The following tables summarize the allocation of the ALLL, as well as the activity in the ALLL attributed to various segments in the loan portfolio, as of and for the three months ended March 31, 2022: Commercial and Industrial Construction, Land, and Land Development Residential Real Estate Commercial Real Estate Consumer and Other Unallocated Total (dollars in thousands) Three Months Ended March 31, 2022 ALLL balance, December 31, 2021 $ 3,221 $ 6,984 $ 4,598 $ 6,590 $ 7,092 $ 147 $ 28,632 Provision for loan losses or (recapture) 296 608 1,160 (1,273 ) 10,823 1,328 12,942 3,517 7,592 5,758 5,317 17,915 1,475 41,574 Loans charged-off (5 ) - - - (2,803 ) - (2,808 ) Recoveries of loans previously charged-off 2 - - - 2 - 4 Net (charge-offs) recoveries (3 ) - - - (2,801 ) - (2,804 ) ALLL balance, March 31, 2022 $ 3,514 $ 7,592 $ 5,758 $ 5,317 $ 15,114 $ 1,475 $ 38,770 As of March 31, 2022 ALLL amounts allocated to Individually evaluated for impairment $ 101 $ - $ - $ - $ - $ - $ 101 Collectively evaluated for impairment 3,413 7,592 5,758 5,317 15,114 1,475 38,669 ALLL balance, March 31, 2022 $ 3,514 $ 7,592 $ 5,758 $ 5,317 $ 15,114 $ 1,475 $ 38,770 Loans individually evaluated for impairment $ 130 $ - $ 54 $ - $ - $ 184 Loans collectively evaluated for impairment 394,193 208,108 268,662 889,483 210,343 1,970,789 Loan balance, March 31, 2022 $ 394,323 $ 208,108 $ 268,716 $ 889,483 $ 210,343 $ 1,970,973 Three Months Ended March 31, 2021 ALLL balance, December 31, 2020 $ 3,353 $ 3,545 $ 3,410 $ 7,810 $ 127 $ 1,017 $ 19,262 Provision for loan losses or (recapture) 43 437 (239 ) 143 (19 ) (8 ) 357 3,396 3,982 3,171 7,953 108 1,009 19,619 Loans charged-off (14 ) - - - (4 ) - (18 ) Recoveries of loans previously charged-off 5 - - - 4 - 9 Net (charge-offs) recoveries (9 ) - - - - - (9 ) ALLL balance, March 31, 2021 $ 3,387 $ 3,982 $ 3,171 $ 7,953 $ 108 $ 1,009 $ 19,610 As of March 31, 2021 ALLL amounts allocated to Individually evaluated for impairment $ 118 $ - $ - $ - $ - $ - $ 118 Collectively evaluated for impairment 3,269 3,982 3,171 7,953 108 1,009 19,492 ALLL balance, March 31, 2021 $ 3,387 $ 3,982 $ 3,171 $ 7,953 $ 108 $ 1,009 $ 19,610 Loans individually evaluated for impairment $ 488 $ - $ 173 $ - $ - $ 661 Loans collectively evaluated for impairment 745,786 104,596 136,244 793,633 4,114 1,784,373 Loan balance, March 31, 2021 $ 746,274 $ 104,596 $ 136,417 $ 793,633 $ 4,114 $ 1,785,034 The following table summarizes the allocation of the ALLL attributed to various segments in the loan portfolio as of December 31, 2021. Commercial and Industrial Construction, Land, and Land Development Residential Real Estate Commercial Real Estate Consumer and Other Unallocated Total (dollars in thousands) As of December 31, 2021 ALLL amounts allocated to Individually evaluated for impairment $ 132 $ - $ - $ - $ - $ - $ 132 Collectively evaluated for impairment 3,089 6,984 4,598 6,590 7,092 147 28,500 ALLL balance, December 31, 2021 $ 3,221 $ 6,984 $ 4,598 $ 6,590 $ 7,092 $ 147 $ 28,632 Loans individually evaluated for impairment $ 166 $ - $ 55 $ - $ - $ 221 Loans collectively evaluated for impairment 418,894 183,594 204,334 835,587 108,871 1,751,280 Loan balance, December 31, 2021 $ 419,060 $ 183,594 $ 204,389 $ 835,587 $ 108,871 $ 1,751,501

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2022
Deposits [Abstract]
Composition of Consolidated Deposits	The composition of consolidated deposits consisted of the following at the periods indicated: March 31, December 31, 2022 2021 Demand, noninterest bearing $ 838,044 $ 1,355,908 NOW and money market 1,516,546 789,709 Savings 106,364 103,956 Total core deposits 2,460,954 2,249,573 BaaS-brokered deposits 75,145 70,757 Time deposits less than $250,000 29,200 31,057 Time deposits $250,000 and over 11,171 12,400 Total deposits $ 2,576,470 $ 2,363,787
Schedule of Maturity Distribution of Time Deposits	The following table presents the maturity distribution of time deposits as of March 31, 2022 (dollars in thousands): (dollars in thousands) Twelve months $ 31,225 One to two years 5,542 Two to three years 1,733 Three to four years 1,234 Four to five years 637 $ 40,371

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Summary of Minimum Annual Lease Payments under Lease Terms	The following table presents the minimum annual lease payments under the terms of these leases, inclusive of renewal options that the Company is reasonably certain to renew, at March 31, 2022: March 31, 2022 (dollars in thousands) April 1, 2022 to December 31, 2022 $ 962 2023 1,272 2024 864 2025 714 2026 719 2027 and thereafter 2,490 Total lease payments 7,021 Less: amounts representing interest 967 Present value of lease liabilities $ 6,054
Summary of Components of Total Lease Expense and Operating Cash Flows	The following table presents the components of total lease expense and operating cash flows for the three months ended March 31, 2022 and 2020: Three Months Ended March 31, March 31, 2022 2021 (dollars in thousands) Lease expense: Operating lease expense $ 320 $ 321 Variable lease expense 41 34 Total lease expense (1) $ 361 $ 355 Cash paid: Cash paid reducing operating lease liabilities $ 358 $ 352 (1) Included in net occupancy expense in the Condensed Consolidated Statements of Income (Unaudited).

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Stock Option Activity	A summary of stock option activity under the 2018 Plan and 2006 Plan during the three months ended March 31, 2022: Options Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (dollars in thousands, except per share amounts) Outstanding at December 31, 2021 694,519 $ 7.79 4.0 $ 29,744 Granted - - Exercised (26,660 ) $ 7.11 Forfeited or expired (800 ) 7.63 Outstanding at March 31, 2022 667,059 $ 7.79 3.8 $ 25,323 Vested or expected to vest at March 31, 2022 667,059 $ 7.79 3.8 $ 25,323 Exercisable at March 31, 2022 381,947 $ 6.85 2.9 $ 14,856
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Nonvested Shares	A summary of the Company’s nonvested shares at March 31, 2022 and changes during the three month period is presented below: Nonvested shares Shares Weighted- Average Grant Date Fair Value Total or Aggregate Intrinsic Value (dollars in thousands, except per share amounts) Nonvested shares at December 31, 2021 269,844 $ 21.70 $ 7,803 Granted 53,871 $ 49.19 Forfeited (1,261 ) $ 19.00 Vested (25,788 ) $ 19.90 Nonvested shares at March 31, 2022 296,666 $ 26.86 $ 5,603
Restricted Stock | Directors Stock Compensation Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Nonvested Shares	A summary of the Company’s nonvested shares at March 31, 2022 and changes during the three-month period is presented below: Nonvested shares Shares Weighted- Average Grant Date Fair Value Total or Aggregate Intrinsic Value (dollars in thousands, except per share amounts) Nonvested shares at December 31, 2021 10,203 $ 23.78 $ 274 Granted - $ - Forfeited - $ - Vested (2,467 ) $ 17.81 Nonvested shares at March 31, 2022 7,736 $ 24.82 $ 175

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Summary of Estimated Fair Values of Financial Instruments	The following tables present estimated fair values of the Company’s financial instruments as of the period indicated, whether or not recognized or recorded in the consolidated balance sheets at the period indicated: March 31, 2022 Fair Value Measurements Using Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets Cash and due from banks $ 32,705 $ 32,705 $ 32,705 $ - $ - Interest earning deposits with other banks 649,404 649,404 649,404 - - Investment securities 136,177 136,155 134,574 1,581 - Other investments 9,931 9,931 - 7,259 2,672 Loans receivable 1,925,439 1,892,105 - - 1,892,105 Accrued interest receivable 8,824 8,824 - 8,824 - Financial liabilities Deposits $ 2,576,470 2,575,891 $ - $ 2,575,891 $ - Subordinated debt 24,306 20,143 - 20,143 - Junior subordinated debentures 3,587 2,660 - 2,660 - Accrued interest payable 6,054 6,054 - 6,054 - December 31, 2021 Fair Value Measurements Using Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets Cash and due from banks $ 14,496 $ 14,496 $ 14,496 $ - $ - Interest earning deposits with other banks 798,665 798,665 798,665 - - Investment securities 36,623 36,675 34,998 1,677 - Other investments 8,478 8,478 - 6,156 2,322 Loans receivable, net 1,714,103 1,686,124 - - 1,686,124 Accrued interest receivable 8,105 8,105 - 8,105 - Financial liabilities Deposits $ 2,363,787 $ 2,363,624 $ - $ 2,363,624 $ - FHLB advances 24,999 24,447 - 24,447 - Subordinated debt 24,288 21,891 - 21,891 - Junior subordinated debentures 3,586 2,771 - 2,771 - Accrued interest payable 357 357 - 357 -
Summary of Assets Measured at Fair Value on Recurring Basis	Items measured at fair value on a recurring basis – The following fair value hierarchy table presents information about the Company’s assets that are measured at fair value on a recurring basis at the dates indicated: Level 1 Level 2 Level 3 Total Fair Value (dollars in thousands) March 31, 2022 Available-for-sale U.S. Treasury securities $ 134,574 $ - $ - $ 134,574 U.S. Agency collateralized mortgage obligations - 62 - 62 U.S. Agency residential mortgage-backed securities - 2 - 2 Municipals - 253 - 253 $ 134,574 $ 317 $ - $ 134,891 December 31, 2021 Available-for-sale U.S. Treasury securities $ 34,998 $ - $ - $ 34,998 U.S. Agency collateralized mortgage obligations - 70 - 70 U.S. Agency residential mortgage-backed securities - 3 - 3 Municipals - 256 - 256 $ 34,998 $ 329 $ - $ 35,327
Summary of Carrying Value of Equity Securities Without Readily Determinable Fair Values	The following table presents the carrying value of equity securities without readily determinable fair values, as of March 31, 2022, with adjustments recorded during the periods presented for those securities with observable price changes, if applicable. For the Three Months Ended March 31, (Dollars in thousands) 2022 2021 Carrying value, beginning of period $ 2,322 $ 850 Addition of equity securities 350 - Upward carrying value changes - - Carrying value, end of period $ 2,672 $ 850
Summary of Assets and Liabilities Classified as Level 3 and Measured at Fair Value on Nonrecurring Basis	The following table provides a description of the valuation technique, unobservable inputs, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a nonrecurring basis at the dates indicated: Valuation Technique Unobservable Inputs March 31, 2022 Weighted Average Rate December 31, 2021 Weighted Average Rate Impaired loans Collateral valuations Discount to appraised value 8% 8%
Summary of Financial Assets and Liabilities Measured at Fair Value on Nonrecurring Basis	Items measured at fair value on a nonrecurring basis – The following table presents financial assets and liabilities measured at fair value on a nonrecurring basis and the level within the fair value hierarchy of the fair value measurements for those assets at the dates indicated: Level 1 Level 2 Level 3 Total Fair Value (dollars in thousands) March 31, 2022 Impaired loans $ - $ - $ 184 $ 184 Equity securities 2,672 2,672 Total $ - $ - $ 2,856 $ 2,856 December 31, 2021 Impaired loans $ - $ - $ 221 $ 221 Equity securities 2,322 2,322 Total $ - $ - $ 2,543 $ 2,543

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Common Share	The following is a computation of basic and diluted earnings per common share at the periods indicated: Three Months Ended March 31, 2022 March 31, 2021 (dollars in thousands, except per share data) Net Income $ 6,230 $ 6,018 Basic weighted average number common shares outstanding 12,898,746 11,960,772 Dilutive effect of equity-based awards 576,591 432,721 Diluted weighted average number common shares outstanding 13,475,337 12,393,493 Basic earnings per share $ 0.48 $ 0.50 Diluted earnings per share $ 0.46 $ 0.49 Antidilutive stock options and restricted stock outstanding 154,871 181,084

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Summary of Financial Information of Reportable Segments and Reconciliation to Consolidated Financial Results	Summarized financial information concerning the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables for the periods indicated: March 31, 2022 December 31, 2021 Bank CCBX Total Bank CCBX Total (dollars in thousands) Total assets $ 2,296,670 $ 537,080 $ 2,833,750 $ 2,282,514 $ 353,003 $ 2,635,517 Total loans receivable $ 1,448,820 $ 515,389 $ 1,964,209 $ 1,396,060 $ 346,675 $ 1,742,735 Allowance for loan losses $ (20,643 ) $ (18,127 ) $ (38,770 ) $ (20,299 ) $ (8,333 ) $ (28,632 ) Total deposits $ 1,677,004 $ 899,466 $ 2,576,470 $ 1,647,529 $ 716,258 $ 2,363,787 Three months ended March 31, 2022 Three months ended March 31, 2021 Bank CCBX Total Bank CCBX Total (dollars in thousands) Net interest income $ 17,394 $ 11,874 $ 29,268 $ 16,926 $ 389 $ 17,315 Provision for loan losses $ 344 $ 12,598 $ 12,942 $ 320 $ 37 $ 357 Noninterest income (1) $ 1,804 $ 20,182 $ 21,986 $ 2,036 $ 948 $ 2,984 Noninterest expense $ 13,565 $ 16,850 $ 30,415 $ 11,140 $ 1,212 $ 12,352 (1) For the three months ended March 31, 2022, CCBX noninterest income includes credit enhancement recovery of $13.1 million, servicing and other BaaS fees of $1.7 million, fraud recovery of $4.6 million, reimbursement of expenses of $372,000, interchange income of $432,000, and other of $69,000. For the three months ended March 31, 2021, CCBX noninterest income includes servicing and other BaaS fees of $730,000, reimbursement of expenses of $183,000 and interchange income of $35,000.

Description of Business and S_3

Description of Business and Summary of Significant Accounting Policies - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022SegmentBranch
Accounting Policies [Abstract]
Entity incorporation, state name	WA
Number of reportable segments | Segment	2
Number of branches | Branch	14

Investments Securities - Amorti

Investments Securities - Amortized Cost and Fair Values of Investments in Debt Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Available-for-Sale and Held-to-Maturity Securities [Line Items]
Available-for-sale, Amortized Cost	$ 135,239	$ 35,322
Available-for-sale, Gross Unrealized Gains	2	6
Available-for-sale, Gross Unrealized Losses	(350)	(1)
Available-for-sale, Fair Value	134,891	35,327
Held-to-maturity, Amortized Cost	1,286	1,296
Held-to-maturity, Fair Value	1,264
Total investment securities, Amortized Cost	136,525	36,618
Total investment securities, Gross Unrealized Gains	3	58
Total investment securities, Gross Unrealized Losses	(373)	(1)
Total investment securities, Fair Value	136,155	36,675
U.S. Treasury Securities
Available-for-Sale and Held-to-Maturity Securities [Line Items]
Available-for-sale, Amortized Cost	134,923	34,999
Available-for-sale, Gross Unrealized Gains	1
Available-for-sale, Gross Unrealized Losses	(350)	(1)
Available-for-sale, Fair Value	134,574	34,998
U.S. Agency Collateralized Mortgage Obligations
Available-for-Sale and Held-to-Maturity Securities [Line Items]
Available-for-sale, Amortized Cost	62	68
Available-for-sale, Gross Unrealized Gains		2
Available-for-sale, Fair Value	62	70
U.S. Agency Residential Mortgage-Backed Securities
Available-for-Sale and Held-to-Maturity Securities [Line Items]
Available-for-sale, Amortized Cost	2	3
Available-for-sale, Fair Value	2	3
Held-to-maturity, Amortized Cost	1,286	1,296
Held-to-maturity, Gross Unrealized Gains	1	52
Held-to-maturity, Gross Unrealized Losses	(23)
Held-to-maturity, Fair Value	1,264	1,348
Municipals Bonds
Available-for-Sale and Held-to-Maturity Securities [Line Items]
Available-for-sale, Amortized Cost	252	252
Available-for-sale, Gross Unrealized Gains	1	4
Available-for-sale, Fair Value	$ 253	$ 256

Investments Securities - Amor_2

Investments Securities - Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Available-for-Sale and Held-to-Maturity Securities [Line Items]
Available-for-Sale, Amortized Cost, Amounts maturing in One year or less	$ 34,978
Available-for-Sale, Amortized Cost, Amounts maturing in After one year through five years	100,197
Available-for-Sale, Amortized Cost. Amounts maturity with single maturity	135,175
Available-for-sale, Amortized Cost	135,239	$ 35,322
Available-for-Sale, Fair Value, Amounts maturing in One year or less	34,973
Available-for-Sale, Fair Value, Amounts maturing in After one year through five years	99,854
Available-for-Sale, Fair Value, Amounts maturing with single maturity	134,827
Available-for-Sale, Fair Value	134,891	35,327
Held-to-maturity, Amortized Cost	1,286	$ 1,296
Held-to-Maturity, Fair Value	1,264
U.S. Agency Residential Mortgage-backed Securities and Collateralized Mortgage Obligations
Available-for-Sale and Held-to-Maturity Securities [Line Items]
Available-for-Sale, Amortized Cost, Amounts maturity without single maturity	64
Available-for-Sale, Fair Value, Amounts maturing without single maturity	64
Held-to-Maturity, Amortized Cost, Amounts maturity without single maturity	1,286
Held-to-Maturity, Fair Value, Amounts maturing without single maturity	$ 1,264

Investments Securities - Additi

Investments Securities - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)SecurityInvestmentSecurity	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Summary Of Investment Holdings [Line Items]
Investments in debt securities with amortized cost pledged to secure public deposits	$ 35,500,000		$ 36,000,000
Purchase of securities	134,912,000	$ 14,998,000
Sales of securities	0	$ 0
Gross unrealized losses for investment securities	$ 373,000		$ 4
Number of securities in unrealized loss position | InvestmentSecurity	8
Maturity of time horizon	1 year
U.S. Treasury Bills
Summary Of Investment Holdings [Line Items]
Number of securities purchased | Security	5
Purchase of securities	$ 135,000,000
Matured of securities	$ 35,000,000

Investments Securities - Summar

Investments Securities - Summary of Investment Securities Continuous Unrealized Loss Position (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Available-for-sale, Fair Value, Less Than 12 Months	$ 119,581,000
Available-for-sale, Gross Unrealized Losses, Less Than 12 Months	350,000
Available-for-sale, Total Fair Value	119,581,000
Available-for-sale, Total Gross Unrealized Losses	350,000
Total investment securities, Fair Value, Less Than 12 Months	120,414,000
Total investment securities, Gross Unrealized Losses, Less Than 12 Months	373,000
Total investment securities, Total, Fair Value	120,414,000
Total investment securities, Total, Gross Unrealized Losses	373,000	$ 4
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Available-for-sale, Fair Value, Less Than 12 Months	119,581,000
Available-for-sale, Gross Unrealized Losses, Less Than 12 Months	350,000
Available-for-sale, Total Fair Value	119,581,000
Available-for-sale, Total Gross Unrealized Losses	350,000
U.S. Agency Residential Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Held-to-maturity, Fair Value, Less Than 12 Months	833,000
Hel-to-maturity, Gross Unrealized Losses, Less Than 12 Months	23,000
Held-to-maturity, Total Fair Value	833,000
Held-to-maturity, Total Gross Unrealized Losses	$ 23,000

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Composition of Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	$ 1,970,973	$ 1,751,501	$ 1,785,034
Net deferred origination fees and premiums	(6,764)	(8,766)
Loans receivable	1,964,209	1,742,735
Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	394,323	419,060	746,274
Construction, Land and Land Development
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	208,108	183,594	104,596
Residential Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	268,716	204,389	136,417
Commercial Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	889,483	835,587	793,633
Consumer and Other Loans
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	$ 210,343	$ 108,871	$ 4,114

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)Loan	Mar. 31, 2021Loan	Dec. 31, 2021USD ($)
Loans And Leases Receivable Disclosure [Line Items]
Net deferred origination fees and premiums	$ 6,764,000		$ 8,766,000
Overdrafts included in loans	578,000		1,300,000
Pledged loans for borrowing lines at FHLB and FRB	179,200,000		183,500,000
Balance of SBA and USDA loans and participations sold and serviced	17,700,000		19,300,000
Balance of main street lending program loans and participations serviced	58,000,000		56,300,000
Purchased loans	11,800,000		12,800,000
Unamortized premiums	201,000		223,000
Purchased participation loans	$ 26,100,000		27,900,000
Number of loans restructured as troubled debt restructurings | Loan	0	0
Additional funds to borrowers with troubled debt restructurings	$ 0
Troubled debt restructuring	$ 0
Accrual of interest description	Generally, the accrual of interest on community bank loans is discontinued when, in management’s opinion, the borrower may be unable to meet payments as they become due or when they are 90 days past due as to either principal or interest, unless they are well secured and in the process of collection.  Installment/closed-end, and revolving/open-end consumer loans originated by CCBX lending partners will continue to accrue interest until 120 and 180 days past due, respectively. For these loans, an allowance is recorded through provision expense for probable incurred losses. Any principal and interest outstanding on revolving/open-end loans at greater than 180 days past due is charged off against the allowance.  Any accrued interest outstanding on installment/closed-end loans at 120 days past due is reversed against the accrued interest allowance.  These consumer loans are reported out as substandard, 90+ days past due and still accruing.
Minimum
Loans And Leases Receivable Disclosure [Line Items]
Percentage of collateral coverage to loan balance	100.00%
Loan repayment extended period of time	6 months
Sustained repayment performance period of loan placed on nonaccrual	6 months
Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Capital call lines, provided to venture capital firms	$ 218,700,000		202,900,000
Balance of main street lending program loans and participations serviced	3,100,000		4,800,000
CARES Act Paycheck Protection Program | Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Balance of SBA and USDA loans and participations serviced	47,500,000		111,800,000
Net deferred origination fees and premiums	$ 1,400,000		3,600,000
Small Business Administration | Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Percentage of unsecured, guaranteed and loan	100.00%
CCBX Loans
Loans And Leases Receivable Disclosure [Line Items]
Consumer and other loans	$ 208,400,000		106,800,000
Commercial and industrial loans	4,000,000		59,700,000
Residential real estate loans	84,200,000		36,900,000
CCBX Loans | Consumer Loan
Loans And Leases Receivable Disclosure [Line Items]
Purchased loans	111,500,000		59,700,000
Consumer and other loans	107,500,000		59,700,000
CCBX Capital Call Lines
Loans And Leases Receivable Disclosure [Line Items]
Commercial and industrial loans	$ 218,700,000		$ 202,900,000

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Summary of an Age Analysis of Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	$ 1,970,973	$ 1,751,501	$ 1,785,034
Recorded Investment 90 Days or More Past Due and Still Accruing	2,161	1,506
Less net deferred origination fees and premiums	(6,764)	(8,766)
Loans receivable	1,964,209	1,742,735
30-89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	9,384	4,969
90 Days or More Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,321	1,599
Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	11,705	6,568
Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,959,268	1,744,933
Commercial and Industrial Loans
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	394,323	419,060	746,274
Recorded Investment 90 Days or More Past Due and Still Accruing	22
Commercial and Industrial Loans | 30-89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	92	259
Commercial and Industrial Loans | 90 Days or More Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	128	38
Commercial and Industrial Loans | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	220	297
Commercial and Industrial Loans | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	394,103	418,763
Construction, Land and Land Development
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	208,108	183,594	104,596
Construction, Land and Land Development | 30-89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	69
Construction, Land and Land Development | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	69
Construction, Land and Land Development | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	208,039	183,594
Residential Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	268,716	204,389	136,417
Recorded Investment 90 Days or More Past Due and Still Accruing	40	39
Residential Real Estate | 30-89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	669	809
Residential Real Estate | 90 Days or More Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	94	94
Residential Real Estate | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	763	903
Residential Real Estate | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	267,953	203,486
Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	889,483	835,587	793,633
Commercial Real Estate | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	889,483	835,587
Consumer and Other Loans
Financing Receivable Recorded Investment Past Due [Line Items]
Total Loans	210,343	108,871	$ 4,114
Recorded Investment 90 Days or More Past Due and Still Accruing	2,099	1,467
Consumer and Other Loans | 30-89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	8,554	3,901
Consumer and Other Loans | 90 Days or More Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,099	1,467
Consumer and Other Loans | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	10,653	5,368
Consumer and Other Loans | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 199,690	$ 103,503

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Summary of Information Pertaining to Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	$ 208	$ 242
Recorded Investment With No Allowance	55	55
Recorded Investment With Allowance	129	166
Total Recorded Investment	184	221
Related Allowance	101	132
Commercial and Industrial Loans
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	139	173
Recorded Investment With No Allowance	1
Recorded Investment With Allowance	129	166
Total Recorded Investment	130	166
Related Allowance	101	132
Residential Real Estate
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	69	69
Recorded Investment With No Allowance	54	55
Total Recorded Investment	$ 54	$ 55

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Summary of Average Recorded Investment and Interest Income Recognized on Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable Impaired [Line Items]
Average Recorded Investment	$ 203	$ 625
Commercial and Industrial Loans
Financing Receivable Impaired [Line Items]
Average Recorded Investment	148	451
Residential Real Estate
Financing Receivable Impaired [Line Items]
Average Recorded Investment	$ 55	$ 174

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Analysis of Nonaccrual Loans by Category (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable Recorded Investment Past Due [Line Items]
Total nonaccrual loans	$ 184	$ 221
Commercial and Industrial Loans
Financing Receivable Recorded Investment Past Due [Line Items]
Total nonaccrual loans	130	166
Residential Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total nonaccrual loans	$ 54	$ 55

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Summary of Loans by Credit Quality Risk Rating (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	$ 1,970,973	$ 1,751,501	$ 1,785,034
Less net deferred origination fees and premiums	(6,764)	(8,766)
Loans receivable	1,964,209	1,742,735
Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	394,323	419,060	746,274
Construction, Land and Land Development
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	208,108	183,594	104,596
Residential Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	268,716	204,389	136,417
Commercial Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	889,483	835,587	793,633
Consumer and Other Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	210,343	108,871	$ 4,114
Pass
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	1,945,818	1,736,489
Pass | Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	387,842	416,642
Pass | Construction, Land and Land Development
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	208,108	183,594
Pass | Residential Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	268,506	204,173
Pass | Commercial Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	873,118	824,676
Pass | Consumer and Other Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	208,244	107,404
Other Loans Especially Mentioned
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	15,842	13,213
Other Loans Especially Mentioned | Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	6,262	2,180
Other Loans Especially Mentioned | Residential Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	116	122
Other Loans Especially Mentioned | Commercial Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	9,464	10,911
Sub-Standard
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	9,313	1,799
Sub-Standard | Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	219	238
Sub-Standard | Residential Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	94	94
Sub-Standard | Commercial Real Estate
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	6,901
Sub-Standard | Consumer and Other Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	$ 2,099	$ 1,467

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Loans And Leases Receivable Disclosure [Line Items]
ALLL Balance	$ 28,632	$ 19,262
Provision for loan losses or (recapture)	12,942	357
Loans receivable allowance including provision losses or (recapture)	41,574	19,619
Loans charged-off	(2,808)	(18)
Recoveries of loans previously charged-off	4	9
Net (charge-offs) recoveries	(2,804)	(9)
ALLL Balance	38,770	19,610
Loans
Loans individually evaluated for impairment	184	661	$ 221
Loans collectively evaluated for impairment	1,970,789	1,784,373	1,751,280
Total Loans	1,970,973	1,785,034	1,751,501
Allowances
Amounts allocated to Individually evaluated for impairment	101	118	132
Amounts allocated to Collectively evaluated for impairment	38,669	19,492	28,500
ALLL Balance	38,770	19,610
Commercial and Industrial Loans
Loans And Leases Receivable Disclosure [Line Items]
ALLL Balance	3,221	3,353
Provision for loan losses or (recapture)	296	43
Loans receivable allowance including provision losses or (recapture)	3,517	3,396
Loans charged-off	(5)	(14)
Recoveries of loans previously charged-off	2	5
Net (charge-offs) recoveries	(3)	(9)
ALLL Balance	3,514	3,387
Loans
Loans individually evaluated for impairment	130	488	166
Loans collectively evaluated for impairment	394,193	745,786	418,894
Total Loans	394,323	746,274	419,060
Allowances
Amounts allocated to Individually evaluated for impairment	101	118	132
Amounts allocated to Collectively evaluated for impairment	3,413	3,269	3,089
ALLL Balance	3,514	3,387
Construction, Land and Land Development
Loans And Leases Receivable Disclosure [Line Items]
ALLL Balance	6,984	3,545
Provision for loan losses or (recapture)	608	437
Loans receivable allowance including provision losses or (recapture)	7,592	3,982
ALLL Balance	7,592	3,982
Loans
Loans collectively evaluated for impairment	208,108	104,596	183,594
Total Loans	208,108	104,596	183,594
Allowances
Amounts allocated to Collectively evaluated for impairment	7,592	3,982	6,984
ALLL Balance	7,592	3,982
Residential Real Estate
Loans And Leases Receivable Disclosure [Line Items]
ALLL Balance	4,598	3,410
Provision for loan losses or (recapture)	1,160	(239)
Loans receivable allowance including provision losses or (recapture)	5,758	3,171
ALLL Balance	5,758	3,171
Loans
Loans individually evaluated for impairment	54	173	55
Loans collectively evaluated for impairment	268,662	136,244	204,334
Total Loans	268,716	136,417	204,389
Allowances
Amounts allocated to Collectively evaluated for impairment	5,758	3,171	4,598
ALLL Balance	5,758	3,171
Commercial Real Estate
Loans And Leases Receivable Disclosure [Line Items]
ALLL Balance	6,590	7,810
Provision for loan losses or (recapture)	(1,273)	143
Loans receivable allowance including provision losses or (recapture)	5,317	7,953
ALLL Balance	5,317	7,953
Loans
Loans collectively evaluated for impairment	889,483	793,633	835,587
Total Loans	889,483	793,633	835,587
Allowances
Amounts allocated to Collectively evaluated for impairment	5,317	7,953	6,590
ALLL Balance	5,317	7,953
Consumer and Other Loans
Loans And Leases Receivable Disclosure [Line Items]
ALLL Balance	7,092	127
Provision for loan losses or (recapture)	10,823	(19)
Loans receivable allowance including provision losses or (recapture)	17,915	108
Loans charged-off	(2,803)	(4)
Recoveries of loans previously charged-off	2	4
Net (charge-offs) recoveries	(2,801)
ALLL Balance	15,114	108
Loans
Loans collectively evaluated for impairment	210,343	4,114	108,871
Total Loans	210,343	4,114	108,871
Allowances
Amounts allocated to Collectively evaluated for impairment	15,114	108	7,092
ALLL Balance	15,114	108
Unallocated
Loans And Leases Receivable Disclosure [Line Items]
ALLL Balance	147	1,017
Provision for loan losses or (recapture)	1,328	(8)
Loans receivable allowance including provision losses or (recapture)	1,475	1,009
ALLL Balance	1,475	1,009
Allowances
Amounts allocated to Collectively evaluated for impairment	1,475	1,009	$ 147
ALLL Balance	$ 1,475	$ 1,009

Deposits - Composition of Conso

Deposits - Composition of Consolidated Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Time Deposits By Maturity [Abstract]
Demand, noninterest bearing	$ 838,044	$ 1,355,908
NOW and money market	1,516,546	789,709
Savings	106,364	103,956
Total core deposits	2,460,954	2,249,573
BaaS-brokered deposits	75,145	70,757
Time deposits less than $250,000	29,200	31,057
Time deposits $250,000 and over	11,171	12,400
Total deposits	$ 2,576,470	$ 2,363,787

Deposits - Schedule of Maturity

Deposits - Schedule of Maturity Distribution of Time Deposits (Details) $ in Thousands	Mar. 31, 2022USD ($)
Deposits [Abstract]
Twelve months	$ 31,225
One to two years	5,542
Two to three years	1,733
Three to four years	1,234
Four to five years	637
Total time deposits	$ 40,371

Deposits - Additional Informati

Deposits - Additional Information (Details) - CCBX Deposits	3 Months Ended
	Mar. 31, 2022
Deposit Liability [Line Items]
Fed Funds rate	0.25%
Noninterest-bearing Domestic Deposit Description	Many of these CCBX deposits became interest bearing during the quarter ended March 31, 2022, and were reclassified to interest bearing deposits from noninterest bearing deposits, when the FOMC raised rates 0.25% in mid-March 2022.   The amount of deposits that move to interest bearing will increase as rates are raised by the FOMC thereafter.  Once the Fed Funds rate increases to 1.00%, most of the CCBX noninterest bearing deposits will be interest bearing.
Expected federal funds rate for noninterest bearing deposits to be interest bearing	1.00%

Leases - Additional Information

Leases - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)Lease	Mar. 31, 2021USD ($)	Oct. 01, 2021
Lessee Lease Description [Line Items]
Number of operating lease renewed | Lease	0
Operating lease not yet commenced	$ 1,000
Operating lease, option to extend description	Operating lease terms include options to extend when it is reasonably certain that the Company will exercise such options, determined on a lease-by-lease basis
Operating lease, existence of option to extend	true
Operating leases weighted-average remaining lease term	8 years 4 months 24 days
Operating lease rental expense	$ 346,000	$ 341,000
ATM Machines
Lessee Lease Description [Line Items]
Prepaid capital lease, term			5 years
Depreciation	32,000	$ 33,000
Remaining depreciation	$ 448,000
Minimum
Lessee Lease Description [Line Items]
Operating leases lease term	10 months
Operating lease, option to renewal period	5 years
Maximum
Lessee Lease Description [Line Items]
Operating leases lease term	22 years 10 months 24 days
Operating lease, option to renewal period	10 years

Leases - Summary of Minimum Ann

Leases - Summary of Minimum Annual Lease Payments under Lease Terms (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Leases [Abstract]
April 1, 2022 to December 31, 2022			$ 962
2023			1,272
2024			864
2025			714
2026			719
2027 and thereafter			2,490
Total lease payments			7,021
Less: amounts representing interest			967
Present value of lease liabilities	$ 6,054	$ 6,320	$ 6,054

Leases - Summary of Components

Leases - Summary of Components of Total Lease Expense and Operating Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Lease expense:
Operating lease expense	$ 320	$ 321
Variable lease expense	41	34
Total lease expense	361	355
Cash paid:
Cash paid reducing operating lease liabilities	$ 358	$ 352

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($)	May 24, 2021	Apr. 30, 2018	Feb. 28, 2022	Jan. 31, 2022	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic or aggregate value of options exercise price					$ 1,100,000	$ 357,000
Total unrecognized compensation cost related to nonvested stock options granted					1,400,000
Compensation expense					$ 539,000	363,000
Stock Option Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to nonvested stock options/ RSA granted, weighted-average period					4 years 9 months 18 days
Compensation expense					$ 120,000	89,000
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost related to nonvested stock options granted					$ 7,500,000
Unrecognized compensation cost related to nonvested stock options/ RSA granted, weighted-average period					5 years 7 months 6 days
Compensation expense					$ 374,000	101,000
Number of shares granted					53,871
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted to employees					0
Unrecognized compensation cost related to nonvested stock options/ RSA granted, weighted-average period					5 years 9 months 18 days
Compensation expense					$ 2,000	127,000
Total unrecognized compensation cost related to nonvested restricted stock awards					$ 53,000
2018 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate of common stock, shares authorized	600,000
Shares available to be granted					615,630
Stock options granted to employees					0
2018 Omnibus Incentive Plan | Restricted Stock Units (RSUs) | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted				53,721
Stock options vesting period				4 years
2018 Omnibus Incentive Plan | Restricted Stock Units (RSUs) | Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted			150
Stock options vesting period			10 years
2018 Omnibus Incentive Plan | Restricted Stock | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Market value of shares grants per year					$ 15,000
2018 Omnibus Incentive Plan | Restricted Stock | Board Chair
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Market value of shares grants per year					25,000
2018 Omnibus Incentive Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate of common stock, shares authorized		500,000
2006 Plan and the Directors’ Stock Bonus Plan (2006 Plan)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate of common stock, shares authorized		0
Directors Stock Compensation Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense					38,000	$ 46,000
Directors Stock Compensation Plan | Restricted Stock | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost related to nonvested stock options granted					$ 20,000,000

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Details) - 2018 Omnibus Incentive Plan - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Shares, Beginning balance	694,519
Stock options granted to employees	0
Exercised, Shares	(26,660)
Forfeited or expired, Shares	(800)
Outstanding, Shares, Ending balance	667,059	694,519
Vested or expected to vest, Shares	667,059
Exercisable, Shares	381,947
Outstanding, Weighted Average Exercise Price, Beginning balance	$ 7.79
Exercised, Weighted Average Exercise Price	7.11
Forfeited or expired, Weighted Average Exercise price	7.63
Outstanding, Weighted Average Exercise Price, Ending balance	7.79	$ 7.79
Vested or expected to vest, Weighted Average Exercise Price	7.79
Exercisable, Weighted Average Exercise Price	$ 6.85
Outstanding, Weighted Average Remaining Contractual Term	3 years 9 months 18 days	4 years
Vested or expected to vest, Weighted Average Remaining Contractual Term	3 years 9 months 18 days
Exercisable, Weighted Average Remaining Contractual Term	2 years 10 months 24 days
Outstanding, Aggregate Intrinsic Value	$ 25,323	$ 29,744
Vested or expected to vest, Aggregate Intrinsic Value	25,323
Exercisable, Aggregate Intrinsic Value	$ 14,856

Stock-Based Compensation - Su_2

Stock-Based Compensation - Summary of Nonvested Shares (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested shares, Beginning balance	269,844
Granted, Shares	53,871
Forfeited, Shares	(1,261)
Vested, Shares	(25,788)
Nonvested shares, Ending balance	296,666
Nonvested, Weighted-Average Grant Date Fair Value, Beginning balance	$ 21.70
Granted, Weighted-Average Grant Date Fair Value	49.19
Forfeited, Weighted-Average Grant Date Fair Value	19
Vested, Weighted-Average Grant Date Fair Value	19.90
Nonvested, Weighted-Average Grant Date Fair Value, Ending balance	$ 26.86
Nonvested, Aggregate Intrinsic Value	$ 5,603	$ 7,803
Restricted Stock | Directors Stock Compensation Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested shares, Beginning balance	10,203
Forfeited, Shares	0
Vested, Shares	(2,467)
Nonvested shares, Ending balance	7,736
Nonvested, Weighted-Average Grant Date Fair Value, Beginning balance	$ 23.78
Forfeited, Weighted-Average Grant Date Fair Value	0
Vested, Weighted-Average Grant Date Fair Value	17.81
Nonvested, Weighted-Average Grant Date Fair Value, Ending balance	$ 24.82
Nonvested, Aggregate Intrinsic Value	$ 175	$ 274

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financial assets
Other investments	$ 9,931	$ 8,478
Financial liabilities
FHLB advances		24,999
Carrying Value
Financial assets
Cash and due from banks	32,705	14,496
Interest earning deposits with other banks	649,404	798,665
Investment securities	136,177	36,623
Other investments	9,931	8,478
Loans receivable, net	1,925,439	1,714,103
Accrued interest receivable	8,824	8,105
Financial liabilities
Deposits	2,576,470	2,363,787
Subordinated debt	24,306	24,288
Junior subordinated debentures	3,587	3,586
Accrued interest payable	6,054	357
FHLB advances		24,999
Estimated Fair Value
Financial assets
Cash and due from banks	32,705	14,496
Interest earning deposits with other banks	649,404	798,665
Investment securities	136,155	36,675
Other investments	9,931	8,478
Loans receivable, net	1,892,105	1,686,124
Accrued interest receivable	8,824	8,105
Financial liabilities
Deposits	2,575,891	2,363,624
Subordinated debt	20,143	21,891
Junior subordinated debentures	2,660	2,771
Accrued interest payable	6,054	357
FHLB advances		24,447
Estimated Fair Value | Level 1
Financial assets
Cash and due from banks	32,705	14,496
Interest earning deposits with other banks	649,404	798,665
Investment securities	134,574	34,998
Estimated Fair Value | Level 2
Financial assets
Investment securities	1,581	1,677
Other investments	7,259	6,156
Accrued interest receivable	8,824	8,105
Financial liabilities
Deposits	2,575,891	2,363,624
Subordinated debt	20,143	21,891
Junior subordinated debentures	2,660	2,771
Accrued interest payable	6,054	357
FHLB advances		24,447
Estimated Fair Value | Level 3
Financial assets
Other investments	2,672	2,322
Loans receivable, net	$ 1,892,105	$ 1,686,124

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	$ 134,891	$ 35,327
Estimated Fair Value | Recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	134,891	35,327
Estimated Fair Value | Recurring | U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	134,574	34,998
Estimated Fair Value | Recurring | U.S. Agency Collateralized Mortgage Obligations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	62	70
Estimated Fair Value | Recurring | U.S. Agency Residential Mortgage-Backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	2	3
Estimated Fair Value | Recurring | Municipals
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	253	256
Estimated Fair Value | Recurring | Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	134,574	34,998
Estimated Fair Value | Recurring | Level 1 | U.S. Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	134,574	34,998
Estimated Fair Value | Recurring | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	317	329
Estimated Fair Value | Recurring | Level 2 | U.S. Agency Collateralized Mortgage Obligations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	62	70
Estimated Fair Value | Recurring | Level 2 | U.S. Agency Residential Mortgage-Backed Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	2	3
Estimated Fair Value | Recurring | Level 2 | Municipals
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	$ 253	$ 256

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Carrying Value of Equity Securities Without Readily Determinable Fair Values (Details) - Level 3 - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Equity Securities Without Readily Determinable Fair Value [Line Items]
Carrying value, beginning of period	$ 2,322	$ 850
Addition of equity securities	350	0
Upward carrying value changes		0
Carrying value, end of period	$ 2,672	$ 850

Fair Value Measurements - Sum_4

Fair Value Measurements - Summary of Assets and Liabilities Classified as Level 3 and Measured at Fair Value on Nonrecurring Basis (Details) - Level 3	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Valuation Technique	Collateral valuations
Unobservable Inputs	Discount to appraised value
Measurement Input, Discount Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Weighted Average Rate	8.00%	8.00%

Fair Value Measurements - Sum_5

Fair Value Measurements - Summary of Financial Assets and Liabilities Measured at Fair Value on Nonrecurring Basis (Details) - Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	$ 2,856	$ 2,543
Impaired Loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	184	221
Equity Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	2,672	2,322
Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	2,856	2,543
Level 3 | Impaired Loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	184	221
Level 3 | Equity Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Fair Value	$ 2,672	$ 2,322

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Net income	$ 6,230	$ 6,018
Basic weighted average number common shares outstanding	12,898,746	11,960,772
Dilutive effect of equity-based awards	576,591	432,721
Diluted weighted average number common shares outstanding	13,475,337	12,393,493
Basic earnings per share	$ 0.48	$ 0.50
Diluted earnings per share	$ 0.46	$ 0.49
Stock Options and Restricted Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive stock outstanding	154,871	181,084

Segment Reporting - Additional

Segment Reporting - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022Segment
Segment Reporting [Abstract]
Number of operating segments	2
Number of reportable segments	2

Segment Reporting - Summary of

Segment Reporting - Summary of Financial Information of Reportable Segments and Reconciliation to Consolidated Financial Results (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total assets	$ 2,833,750		$ 2,635,517
Loans receivable	1,964,209		1,742,735
Allowance for loan losses	(38,770)	$ (19,610)	(28,632)	$ (19,262)
Total deposits	2,576,470		2,363,787
Net interest income	29,268	17,315
Provision for loan losses	12,942	357
Noninterest income	21,986	2,984
Noninterest expense	30,415	12,352
Operating Segments | Community Bank
Segment Reporting Information [Line Items]
Total assets	2,296,670		2,282,514
Loans receivable	1,448,820		1,396,060
Allowance for loan losses	(20,643)		(20,299)
Total deposits	1,677,004		1,647,529
Net interest income	17,394	16,926
Provision for loan losses	344	320
Noninterest income	1,804	2,036
Noninterest expense	13,565	11,140
Operating Segments | CCBX
Segment Reporting Information [Line Items]
Total assets	537,080		353,003
Loans receivable	515,389		346,675
Allowance for loan losses	(18,127)		(8,333)
Total deposits	899,466		$ 716,258
Net interest income	11,874	389
Provision for loan losses	12,598	37
Noninterest income	20,182	948
Noninterest expense	$ 16,850	$ 1,212

Segment Reporting - Summary o_2

Segment Reporting - Summary of Financial Information of Reportable Segments and Reconciliation to Consolidated Financial Results (Parenthetical) (Details) - CCBX - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Reimbursement of expenses	$ 372,000	$ 183,000
Credit Enhancement Recovery
Segment Reporting Information [Line Items]
Revenue not from contracts with customer	13,100,000
Servicing and Other BaaS Fees
Segment Reporting Information [Line Items]
Noninterest income	1,700,000	730,000
Fraud Recovery
Segment Reporting Information [Line Items]
Revenue not from contracts with customer	4,600,000
Interchange Income
Segment Reporting Information [Line Items]
Noninterest income	432,000	$ 35,000
Other
Segment Reporting Information [Line Items]
Noninterest income	$ 69,000