First Choice Bancorp 10-Q 9 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 01, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	First Choice Bancorp
Entity Central Index Key	0001716697
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Amendment Flag	false
Entity Common Stock, Shares Outstanding		11,739,200

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 9,340	$ 17,874
Interest-bearing deposits at other banks	228,263	176,502
Federal funds sold	0	3,000
Total cash and cash equivalents	237,603	197,376
Securities available-for-sale, at fair value	28,558	29,543
Securities held-to-maturity, at cost	5,076	5,322
Equity securities, at fair value	2,647	2,538
Restricted stock investments, at cost	12,927	12,855
Loans held for sale, at lower of cost or fair value	8,428	28,022
Loans held for investment	1,336,015	1,250,981
Allowance for loan losses	(12,053)	(11,056)
Loans held for investment, net	1,323,962	1,239,925
Accrued interest receivable	5,643	5,069
Premises and equipment	1,742	1,973
Servicing asset	3,482	3,186
Deferred taxes, net	6,625	8,666
Goodwill	73,425	73,425
Core deposit intangible	6,183	6,576
Other assets	14,132	8,025
TOTAL ASSETS	1,730,433	1,622,501
Deposits:
Noninterest-bearing demand	547,434	546,713
Money market, interest checking and savings	400,943	465,123
Time deposits	307,501	240,503
Total deposits	1,255,878	1,252,339
Borrowings	195,000	104,998
Senior secured notes	12,800	8,450
Accrued interest payable and other liabilities	12,634	8,645
Total liabilities	1,476,312	1,374,432
Commitments and contingencies - Note 11
Shareholders’ equity:
Preferred stock 100,000,000 shares authorized, none outstanding	0	0
Common stock no par value; 100,000,000 shares authorized; issued and outstanding: 11,737,441 at June 30, 2019 and 11,726,074 at December 31, 2018	218,532	217,514
Additional paid-in capital	2,588	7,269
Retained earnings	33,086	23,985
Accumulated other comprehensive loss, net	(85)	(699)
Total shareholders’ equity	254,121	248,069
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,730,433	$ 1,622,501

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
INTEREST and DIVIDEND INCOME
Interest and fees on loans	$ 21,344	$ 20,916	$ 12,320	$ 42,260	$ 22,941
Interest on investment securities	215	236	233	451	472
Interest on deposits in other financial institutions	454	445	294	899	554
Dividends on FHLB and other stock	206	242	68	448	137
Total interest and dividend income	22,219	21,839	12,915	44,058	24,104
INTEREST EXPENSE
Interest on savings, interest checking and money market accounts	1,254	1,239	969	2,493	1,788
Interest on time deposits	1,463	1,005	919	2,468	1,535
Interest on borrowings	666	403	208	1,069	410
Total interest expense	3,383	2,647	2,096	6,030	3,733
Net interest income	18,836	19,192	10,819	38,028	20,371
Provision for loan losses	550	350	320	900	520
Net interest income after provision for loan losses	18,286	18,842	10,499	37,128	19,851
NONINTEREST INCOME
Gain on sale of loans	1,271	928	448	2,199	695
Service charges and fees on deposit accounts	609		217	1,191	441
Net servicing fees	287	234	126	521	279
Other income (loss)	200	420	5	620	(41)
Total noninterest income	2,322	2,122	787	4,444	1,356
NONINTEREST EXPENSE
Salaries and employee benefits	6,857	6,223	3,482	13,080	7,502
Occupancy and equipment	987	1,429	575	2,416	1,101
Data processing	639	604	448	1,243	869
Professional fees	426	419	378	845	682
Office, postage and telecommunications	255	272	193	527	385
Deposit insurance and regulatory assessments	120	195	86	315	197
Loan related	71	214	101	285	185
Customer service related	273	477	101	750	241
Merger, integration and public company registration costs	0	0	356	0	730
Amortization of core deposit intangible	197	196	0	393	0
Other expenses	780	671	605	1,451	1,116
Total noninterest expense	10,605	10,700	6,325	21,305	13,008
Income before taxes	10,003	10,264	4,961	20,267	8,199
Income taxes	3,192	3,256	1,526	6,448	2,385
Net income	$ 6,811	$ 7,008	$ 3,435	$ 13,819	$ 5,814
Net income per share:
Basic (in usd per share)	$ 0.58	$ 0.60	$ 0.47	$ 1.18	$ 0.80
Diluted (in usd per share)	$ 0.58	$ 0.59	$ 0.47	$ 1.17	$ 0.80
Weighted-average common shares outstanding:
Basic (in shares)	11,581,889	11,654,450	7,172,020	11,616,223	7,166,509
Diluted (in shares)	11,675,057	11,813,018	7,214,473	11,741,910	7,207,295
Service charges and fees on deposit accounts
NONINTEREST INCOME
Service charges and fees on deposit accounts	$ 564	$ 540	$ 208	$ 1,104	$ 423

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Preferred stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares outstanding	0	0
Common stock, par value (in usd per share)	$ 0	$ 0
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	11,737,441	11,726,074
Common stock, shares outstanding	11,737,441	11,726,074

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 6,811	$ 7,008	$ 3,435	$ 13,819	$ 5,814
Unrealized gain (loss) on investment securities:
Change in net unrealized gain (loss) on available-for-sale securities	534	339	(102)	872	(525)
Related income taxes:
Change in net unrealized gain (loss) on available-for-sale securities	(159)	(100)	30	(258)	155
Total other comprehensive income (loss)	375	239	(72)	614	(370)
Total comprehensive net income	$ 7,186	$ 7,247	$ 3,363	$ 14,433	$ 5,444

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2017	$ 105,694	$ 87,837	$ 1,940	$ 16,459	$ (542)
Beginning balance (in shares) at Dec. 31, 2017		7,260,119
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	5,814			5,814
Stock-based compensation	891		888	3
Cash dividends	$ (2,903)			(2,903)
Exercise of stock options (in shares)	0
Issuance of restricted shares, net of forfeitures (in shares)		6,087
Vesting of restricted shares	$ 0	$ 1,378	(1,378)
Repurchase of shares from restricted shares vesting	(307)		(307)
Repurchase of shares from restricted shares vesting (in shares)		(12,419)
Other comprehensive income (loss), net of taxes	(370)				(370)
Ending balance (in shares) at Jun. 30, 2018		7,253,787
Ending balance at Jun. 30, 2018	108,819	$ 89,215	1,143	19,349	(888)
Beginning balance at Mar. 31, 2018	106,481	$ 88,442	1,492	17,363	(816)
Beginning balance (in shares) at Mar. 31, 2018		7,251,584
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,435			3,435
Stock-based compensation	433		430	3
Cash dividends	$ (1,452)			(1,452)
Exercise of stock options (in shares)	0
Issuance of restricted shares, net of forfeitures (in shares)		2,366
Vesting of restricted shares		$ 773	(773)
Repurchase of shares from restricted shares vesting	$ (6)		(6)
Repurchase of shares from restricted shares vesting (in shares)		(163)
Other comprehensive income (loss), net of taxes	(72)				(72)
Ending balance (in shares) at Jun. 30, 2018		7,253,787
Ending balance at Jun. 30, 2018	108,819	$ 89,215	1,143	19,349	(888)
Beginning balance at Dec. 31, 2018	248,069	$ 217,514	7,269	23,985	(699)
Beginning balance (in shares) at Dec. 31, 2018		11,726,074
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,008
Other comprehensive income (loss), net of taxes	239
Ending balance (in shares) at Mar. 31, 2019		11,650,020
Ending balance at Mar. 31, 2019	248,135	$ 216,265	3,713	28,617	(460)
Beginning balance at Dec. 31, 2018	248,069	$ 217,514	7,269	23,985	(699)
Beginning balance (in shares) at Dec. 31, 2018		11,726,074
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	13,819			13,819
Stock-based compensation	969		966	3
Cash dividends	(4,721)			(4,721)
Exercise of stock options	$ 2,559	$ 6,811	(4,252)
Exercise of stock options (in shares)	241,737	241,737
Issuance of restricted shares, net of forfeitures (in shares)		103,408
Vesting of restricted shares	$ 0	$ 1,287	(1,287)
Repurchase of shares from restricted shares vesting	$ (108)		(108)
Repurchase of shares from restricted shares vesting (in shares)	(328,770)	(5,008)
Common stock repurchased under stock repurchase program	$ (7,080)	$ (7,080)
Common stock repurchased under stock repurchase program (in shares)		(328,770)
Other comprehensive income (loss), net of taxes	614				614
Ending balance (in shares) at Jun. 30, 2019		11,737,441
Ending balance at Jun. 30, 2019	254,121	$ 218,532	2,588	33,086	(85)
Beginning balance at Mar. 31, 2019	248,135	$ 216,265	3,713	28,617	(460)
Beginning balance (in shares) at Mar. 31, 2019		11,650,020
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,811			6,811
Stock-based compensation	567		564	3
Cash dividends	(2,345)			(2,345)
Exercise of stock options	$ 853	$ 2,400	(1,547)
Exercise of stock options (in shares)	85,271	85,271
Issuance of restricted shares, net of forfeitures (in shares)		15,101
Vesting of restricted shares		$ 139	(139)
Repurchase of shares from restricted shares vesting	$ (3)		(3)
Repurchase of shares from restricted shares vesting (in shares)	(12,824)	(127)
Common stock repurchased under stock repurchase program	$ (272)	$ (272)
Common stock repurchased under stock repurchase program (in shares)		(12,824)
Other comprehensive income (loss), net of taxes	375				375
Ending balance (in shares) at Jun. 30, 2019		11,737,441
Ending balance at Jun. 30, 2019	$ 254,121	$ 218,532	$ 2,588	$ 33,086	$ (85)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Stockholders' Equity [Abstract]
Cash dividends (in usd per share)	$ 0.2	$ 0.2	$ 0.4	$ 0.40

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
OPERATING ACTIVITIES
Net income	$ 13,819	$ 5,814
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	812	201
Amortization of premiums of investment securities	84	109
Amortization of servicing asset	417	356
Provision for loan losses	900	520
Provision for losses - unfunded commitments	0	53
Gain on sale of loans	(2,199)	(695)
Loss on disposal of fixed assets	31	8
Impairment charges of fixed assets and right-of-use assets	400
Loans originated for sale	(19,839)	(9,837)
Proceeds from loans originated for sale	37,141	9,430
Accretion of net discounts and deferred loan fees, net	(2,528)	(1,331)
Change in fair value of equity securities	(74)	117
Deferred income taxes	1,783	(78)
Stock-based compensation	969	891
Appreciation of Bank Owned Life Insurance	(53)	0
Decrease in other items, net	(2,710)	(702)
Net cash provided by operating activities	28,953	4,856
INVESTING ACTIVITIES
Proceeds from maturities and paydown of securities available-for-sale	1,786	2,030
Proceeds from maturities and paydown of securities held-to-maturity	235	20
Purchases of loans held-for-investment	0	(813)
Net increase in loans held-for-investment	(78,629)	(40,222)
Purchase of restricted stock investments	(72)	(226)
Purchase of equity investment	(185)	(74)
Proceeds from disposal of premises and equipment	0	6
Purchases of premises and equipment	(403)	(423)
Net cash used in investing activities	(77,268)	(39,702)
FINANCING ACTIVITIES
Net increase in deposits	3,540	12,278
Net increase in borrowings	90,002	40,000
Increase in senior secured notes	4,350	3,800
Cash dividends paid	(4,721)	(2,903)
Repurchase of shares	(7,188)	(307)
Proceeds from exercise of stock options	2,559	0
Net cash provided by financing activities	88,542	52,868
Increase in cash and cash equivalents	40,227	18,022
Cash and cash equivalents, beginning of period	197,376	103,132
Cash and cash equivalents, end of period	237,603	121,154
Cash paid during the period for:
Interest paid	5,848	3,646
Taxes paid	5,461	1,823
Noncash investing and financing activities:
Transfers of loans to (from) held for investment from (to) held for sale	4,434	195
Servicing rights asset recognized	713	186
Transfer of securities available-for-sale to equity securities	0	$ 2,540
Initial recognition of operating lease right-of-use assets	6,022
Initial recognition of operating lease liabilities	$ 6,141

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations First Choice Bancorp, headquartered in Cerritos, California, is a California corporation that was incorporated on September 1, 2017 and is the registered bank holding company for First Choice Bank. Incorporated in March 2005 and commencing commercial bank operations in August 2005, First Choice Bank is a California-chartered member bank. References herein to “First Choice Bancorp,” “Bancorp” or the “holding company,” refer to First Choice Bancorp on a stand-alone basis. The words “we," "us," "our," or the "Company" refer to First Choice Bancorp and First Choice Bank collectively and on a consolidated basis. References to the “Bank” refer to First Choice Bank on a stand-alone basis. Headquartered in Cerritos, California, the Bank is a community-based financial institution that serves primarily commercial and consumer clients in diverse communities and specializes in loans to small- to medium-sized businesses and private banking clients, commercial and industrial loans, and commercial real estate loans with a specialization in providing financial solutions for the hospitality industry. The Bank is a Preferred Small Business Administration (“SBA”) Lender. The Bank conducts business through 9 full-service branches, and 2 lending offices located in Los Angeles, Orange and San Diego Counties. Effective May 17, 2019, the Little Tokyo branch was closed and consolidated with the 6th and Figueroa branch located in downtown Los Angeles and the San Diego branch operations was consolidated into the Carlsbad branch. The San Diego location remains as a loan production office. Effective July 31, 2018, we acquired Pacific Commerce Bancorp (“PCB”) and its wholly-owned subsidiary bank, Pacific Commerce Bank, by merger in an all-stock transaction. The acquisition has been accounted for using the acquisition method of accounting and, accordingly, the operating results of PCB have been included in the consolidated financial statements since August 1, 2018. Refer to Note 2 - Business Combination . As a California-chartered member bank, the Bank is primarily regulated by the California Department of Business Oversight (the “DBO”) and the Board of Governors of the Federal Reserve System (the “FRB”). The Bank’s deposits are insured up to the maximum legal limit by the Federal Deposit Insurance Corporation (the “FDIC”). First Choice Bancorp's stock is traded on the Nasdaq Capital Market under the ticker symbol “FCBP.” Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of Bancorp and the Bank and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring adjustments considered necessary for a fair presentation, have been included. Operating results for the six months ended June 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. These interim period condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements as of and for the years ended December 31, 2018 and 2017 , which are included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC"). All significant intercompany balances and transactions have been eliminated in consolidation. Certain reclassifications have been made to the condensed consolidated income statement for the three and six months ended June 30, 2018 to conform to the June 30, 2019 presentation. For the three and six months ended June 30, 2018 , these reclassifications included i) $96 thousand and $192 thousand of stock-based compensation expense for stock options and restricted stock awards for directors that were previously reported in salaries and employee benefits expense and are now included in other expenses; and ii) $7 thousand and $14 thousand of rental income that were previously reported in occupancy and equipment expense and are now included in other income. Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change are the determination of the allowance for loan losses, the valuation of acquired loans, the valuation of goodwill and separately identifiable intangible assets associated with mergers and acquisitions, and the valuation of deferred tax assets. Accounting Policies Except for the update to reflect the impact of the adoption of ASU 2016-02, Leases (Topic 842) effective January 1, 2019, discussed below, there were no significant changes to our accounting policies from those disclosed in our Annual Report on Form 10-K for the year ended December 31, 2018 under the section entitled "Summary of Critical Accounting Policies," and Note 1 - Basis of Presentation and Summary of Significant Accounting Policies to the audited consolidated financial statements included therewith. Leases We determine if an arrangement contains a lease at contract inception and recognize right-of-use ("ROU") assets and operating lease liabilities based on the present value of lease payments over the lease term. While our operating leases may include options to extend the term, we do not take into account the options in calculating the ROU asset and lease liability unless we are reasonably certain we will exercise such options. Most of our leases do not provide an implicit rate and, therefore, we determine the present value of lease payments by using our incremental borrowing rate, currently our FHLB secured borrowing rate for the remaining lease term, and other information available at lease commencement. Leases with an initial term of 12 months or less are not recorded in the consolidated balance sheets. Lease expense is recognized on a straight line basis over the lease term. We have lease agreements with lease and non-lease components for which we have elected to account for as a single lease component. Refer to – Accounting Standards Adopted in 2019 below and Note 7. Leases for further discussion on our leasing arrangements and related accounting. Accounting Standards Adopted in 2019 We adopted ASU 2016-02, Leases (Topic 842) and ASU 2018-11, Leases (Topic 842): Targeted Improvements, referred to herein as Topic 842, effective January 1, 2019. The new guidance establishes the principles to report transparent and economically neutral information about the assets and liabilities that arise from leases. Entities are required to recognize ROU assets and lease liabilities that arise from leases in the statement of financial position and to disclose qualitative and quantitative information about lease transactions, such as information about variable lease payments and options to renew and terminate leases. Under the amendments in ASU 2018-11, entities may elect not to recast the comparative periods presented when transitioning to the new leasing standard. Upon adoption, we elected to use the modified retrospective transition approach and recorded ROU assets of $6.0 million and lease liabilities of $6.1 million at the date of adoption with no adjustment to opening equity. We elected to apply the package of practical expedients which permits entities to not reassess: (i) whether any expired or existing contracts contain a lease; (ii) lease classification for any expired or existing leases; and (iii) whether initial direct costs for any existing leases qualify for capitalization under the amended guidance. We also elected not to include short-term leases (leases with initial terms of twelve months or less) on the consolidated balance sheets. Recent Accounting Guidance Not Yet Effective In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326) (“ASU 2016-13”), also known as "CECL". This guidance will replace the incurred loss impairment methodology used to estimate the allowance for credit losses in current GAAP with a methodology that reflects future expected credit losses and requires consideration of a broader range of reasonable and supportable forecasts in the credit loss estimates. On July 17, 2019, the FASB proposed a delay in the effective date of ASU 2016-13 for smaller reporting companies, private companies and other non-SEC filers. We are considered a smaller reporting company. If the FASB approves the delay, this ASU will be effective for the Company on January 1, 2023. If the proposed delay is not approved, we will adopt the guidance as currently established on January 1, 2020. Management continues to have a cross functional committee in place to oversee the project, has selected software to implement the new guidance and has engaged an existing third-party service provider to assist in implementation. We have completed a data gap analysis, are addressing additional data requirements, have developed initial modeling assumptions, and have run a high level sensitivity analysis. We expect to begin parallel calculations, testing, and further sensitivity analysis in the third quarter of 2019. We have not yet determined the potential impact to our condensed consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement ("ASU 2018-13"). The primary objective of ASU 2018-13 is to improve the effectiveness of disclosures in the notes to financial statements. ASU 2018-13 will be effective on January 1, 2020, although early adoption is permitted. The adoption of ASU 2018-13 is not expected to significantly impact our condensed consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (a consensus of the FASB Emerging Issues Task Force) ("ASU 2018-15"). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). ASU 2018-15 is effective on January 1, 2020, including interim periods within the years of adoption although early adoption is permitted. ASU 2018-15 is not expected to significantly impact our condensed consolidated financial statements.

Business Combination

Business Combination	6 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Business Combination	BUSINESS COMBINATION On February 23, 2018, we entered into an Agreement and Plan of Reorganization and Merger (the "merger agreement"). Under the terms of the merger agreement, and following the receipt of all necessary shareholder and regulatory approvals, PCB was merged with and into First Choice Bancorp and PCB’s bank subsidiary, Pacific Commerce Bank, was merged with and into our bank subsidiary, First Choice Bank (collectively, the “Merger”) on July 31, 2018. The Merger was an all stock transaction valued at approximately $133.3 million , or $13.69 per share, based on the closing price of our common stock of $28.70 at July 31, 2018 . At the effective time of the Merger, each share of PCB common stock was converted into the right to receive 0.47689 shares (referred to as the final exchange ratio) of our common stock, with cash paid in lieu of any fractional shares. The final exchange ratio was higher than the ratio of 0.46531 announced at the time we entered into the merger agreement, as the ratio was subject to adjustment resulting from an increase in PCB’s capital due to the exercise of stock options, lower than budgeted merger transaction costs and higher than projected net income during the first six months of 2018. In the aggregate, we issued 4,386,816 shares of our common stock in exchange for the outstanding shares of PCB common stock. In addition, we issued replacement stock options exercisable for 420,393 shares of our common stock in cancellation of PCB stock options with an aggregate fair value of $7.4 million to PCB directors, officers and employees, which we refer to as "rollover options." PCB was headquartered in Los Angeles, California, with $544.7 million in total assets, $414.9 million in gross loans and $474.8 million in total deposits as of July 31, 2018. PCB had six full-service branches in Los Angeles and San Diego Counties. We also maintained the brand name ProAmérica in downtown Los Angeles. The acquisition of PCB expanded our footprint in Southern California to the Mexican border. The following table represents the fair value of assets acquired and liabilities assumed of PCB, as of July 31, 2018, recorded using the acquisition method of accounting: Fair Value (dollars in thousands) Assets acquired: Cash and cash equivalents $ 111,035 Loans held for investment, net 399,822 Investment in restricted stock, at cost 4,148 Premises and equipment 719 Servicing assets 1,054 Cash surrender value of bank-owned life insurance 4,712 Deferred taxes 4,612 Core deposit intangible 6,908 Accrued interest receivable and other assets 3,487 Total assets acquired $ 536,497 Liabilities assumed: Deposits $ 474,925 Accrued interest payable and other liabilities 1,724 Total liabilities assumed 476,649 Net assets acquired $ 59,848 Purchase consideration: Fair value of shares of First Choice Bancorp issued in the merger $ 125,902 Fair value of equity awards exchanged 7,371 Total purchase consideration 133,273 Goodwill recognized $ 73,425 The final PCB tax return was completed during the second quarter ended June 30, 2019 and there were no adjustments to the acquired deferred tax assets. Goodwill represents the excess of the purchase consideration over the fair value of the net assets acquired and was primarily attributable to the synergies and economies of scale anticipated from combining PCB's operations with our operations. Goodwill from the PCB acquisition is not deductible for U.S. income tax purposes. The following table presents the amounts that comprise the fair value of loans acquired, excluding purchased credit impaired loans ("PCI loans"), from PCB at July 31, 2018: Loans (dollars in thousands) Contractual amounts receivable $ 507,720 Contractual cash flows not expected to be collected (8,520 ) Expected cash flows 499,200 Interest component of expected cash flows (102,431 ) Fair value of loans acquired, excluding PCI loans $ 396,769 A component of total loans acquired from PCB were PCI loans. Refer to Note 5. Loans for additional information regarding PCI loans. The following table presents the amounts that comprise the fair value of PCI loans at July 31, 2018: PCI Loans (dollars in thousands) Contractually required payments receivable (principal and interest) $ 8,580 Nonaccretable difference (contractual cash flows not expected to be collected) (3,416 ) Expected cash flows 5,164 Accretable yield (2,111 ) Fair value of PCI loans acquired $ 3,053 The following table presents the components of merger, integration and public company registration costs for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Professional fees $ — $ 183 $ — $ 526 Systems integration — 17 — 16 Other — 156 — 188 Total $ — $ 356 $ — $ 730 The following table presents the total revenue and net income amounts related to PCB's operations included in our condensed consolidated statements of income for the period indicated: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (dollars in thousands) Net interest income and noninterest income $ 5,788 $ 12,365 Net income $ 1,796 $ 4,031 Supplemental pro forma disclosures (unaudited) The following supplemental pro forma information presents certain financial results for the three and six months ended June 30, 2018 as if the acquisition of PCB, which was completed on July 31, 2018, was effective as of January 1, 2017. The unaudited pro forma financial information for the three and six months ended June 30, 2018 included in the table below is based on various estimates and is presented for informational purposes only and does not indicate the financial condition or results of operations of the combined company that would have been achieved for the periods presented had the transaction been completed as of the date indicated or that may be achieved in the future. Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in thousands, except per share data) Net interest income and noninterest income $ 18,961 $ 36,345 Net income $ 5,982 $ 9,882 Net income per share: Basic $ 0.51 $ 0.85 Diluted $ 0.51 $ 0.85

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS In connection with the acquisition of PCB, we recognized goodwill of $73.4 million and a core deposit intangible ("CDI") of $6.9 million at July 31, 2018. There were no changes in the carrying amount of goodwill for the three and six months ended June 30, 2019 . For the three and six months ended June 30, 2019 , we recognized CDI amortization of $197 thousand and $393 thousand . No impairment was recognized. The following table presents the changes in CDI for the three and six months ended June 30, 2019 : Three Months Ended Six Months Ended (dollars in thousands) Gross balance, beginning of period $ 6,908 $ 6,908 Accumulated amortization: Balance, beginning of period (528 ) (332 ) Amortization (197 ) (393 ) Impairment — — Balance, end of period (725 ) (725 ) Net core deposit intangible, end of period $ 6,183 $ 6,183 The following table shows the estimated amortization expense for CDI during the next five fiscal years: Year Ended December 31, (dollars in thousands) Remainder 2019 $ 393 2020 771 2021 753 2022 732 2023 707 Thereafter 2,827 $ 6,183

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Investment Securities	INVESTMENT SECURITIES Investment securities have been classified in the condensed consolidated balance sheets according to management’s intent to either hold them to maturity or make them available for sale. The carrying amount of securities held-to-maturity and securities available-for-sale and their approximate fair values at June 30, 2019 and December 31, 2018 were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2019 (dollars in thousands) Securities available-for-sale: Mortgage-backed securities $ 8,676 $ 23 $ (142 ) $ 8,557 Collateralized mortgage obligations 10,870 23 (65 ) 10,828 SBA pools 9,131 76 (34 ) 9,173 $ 28,677 $ 122 $ (241 ) $ 28,558 Securities held-to-maturity: U.S. Government and agency securities $ 3,341 $ — $ (16 ) $ 3,325 Mortgage-backed securities 1,735 25 (26 ) 1,734 $ 5,076 $ 25 $ (42 ) $ 5,059 December 31, 2018 Securities available-for-sale: Mortgage-backed securities $ 9,177 $ — $ (333 ) $ 8,844 Collateralized mortgage obligations 11,731 2 (272 ) 11,461 SBA pools 9,628 — (390 ) 9,238 $ 30,536 $ 2 $ (995 ) $ 29,543 Securities held-to-maturity: U.S. Government and agency securities $ 3,340 $ — $ (122 ) $ 3,218 Mortgage-backed securities 1,982 — (105 ) 1,877 $ 5,322 $ — $ (227 ) $ 5,095 The amortized cost and estimated fair value of all investment securities held-to-maturity and available-for-sale at June 30, 2019 , by contractual maturities are shown below. Contractual maturities may differ from expected maturities because the obligors and/or issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Held to Maturity Available for Sale Amortized Cost Fair Value Amortized Cost Fair Value (dollars in thousands) Due in one year or less $ — $ — $ — $ — Due after one year through five years 3,341 3,325 — — Due after five years through ten years — — — — Due after ten years (1) 1,735 1,734 28,677 28,558 $ 5,076 $ 5,059 $ 28,677 $ 28,558 (1) Mortgage-backed securities, collateralized mortgage obligations and SBA pools do not have a single stated maturity date and, therefore, have been included in the "Due after ten years" category. At June 30, 2019 and December 31, 2018 , there were no holdings of securities of any one issuer in an amount greater than 10% of our shareholders’ equity. There were no purchases, sales, maturities or calls of any investment securities available-for-sale or held-to-maturity during the three and six months ended June 30, 2019 and 2018 . At June 30, 2019 securities held-to-maturity with a carrying amount of $5.1 million were pledged to the Federal Reserve Bank as discussed in Note 9 – Borrowing Arrangements . As of June 30, 2019 and December 31, 2018 , unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized as follows: Less Than Twelve Months Over Twelve Months Total Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value June 30, 2019 (dollars in thousands) Securities available-for-sale: Mortgage-backed securities $ — $ — $ (142 ) $ 6,766 $ (142 ) $ 6,766 Collateralized mortgage obligations — — (65 ) 7,521 (65 ) 7,521 SBA pools — — (34 ) 3,218 (34 ) 3,218 $ — $ — $ (241 ) $ 17,505 $ (241 ) $ 17,505 Securities held-to-maturity: U.S. Government and agency securities $ — $ — $ (16 ) $ 3,325 $ (16 ) $ 3,325 Mortgage-backed securities — — (26 ) 789 (26 ) 789 $ — $ — $ (42 ) $ 4,114 $ (42 ) $ 4,114 December 31, 2018 Securities available-for-sale: Mortgage-backed securities $ (20 ) $ 2,397 $ (313 ) $ 6,447 $ (333 ) $ 8,844 Collateralized mortgage obligations (3 ) 1,127 (269 ) 9,742 (272 ) 10,869 SBA pools — — (390 ) 9,238 (390 ) 9,238 $ (23 ) $ 3,524 $ (972 ) $ 25,427 $ (995 ) $ 28,951 Securities held-to-maturity: U.S. Government and agency securities $ — $ — $ (122 ) $ 3,218 $ (122 ) $ 3,218 Mortgage-backed securities — — (105 ) 1,877 (105 ) 1,877 $ — $ — $ (227 ) $ 5,095 $ (227 ) $ 5,095 At June 30, 2019 , we had 18 investment securities in an unrealized loss position with total unrealized losses of $283 thousand . Such unrealized losses on these investment securities have not been recognized into income. We do not believe these unrealized losses are other-than-temporary because the issuers’ bonds are above investment grade, management does not intend to sell and it is not more likely than not that management would be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to changes in interest rates. Equity Securities with a Readily Determinable Fair Value At June 30, 2019 and December 31, 2018 , equity securities with a readily determinable fair value of $2.6 million and $2.5 million represent a mutual fund investment consisting of high quality debt securities and other debt instruments supporting domestic affordable housing and community development. With the adoption of ASU 2016-01 on January 1, 2018, we recorded a transition adjustment to reclassify $24 thousand in net unrealized losses from accumulated other comprehensive income to retained earnings for these investments. In addition, we recognized net gains of $39 thousand and net losses of $20 thousand related to changes in fair value during the three months ended June 30, 2019 and 2018 , all of which related to equity securities held during those periods. During the six months ended June 30, 2019 and 2018 , we recognized net gains of $74 thousand and net losses of $71 thousand related to changes in fair value. Restricted Stock and Other Bank Stock Investments The Bank is a member of the FHLB system. Members are required to own FHLB stock of the greater of 1% of FHLB membership asset value or 2.7% of outstanding FHLB advances. At June 30, 2019 and December 31, 2018 , the Bank owned $6.1 million of FHLB stock which is carried at cost. During the three and six months ended June 30, 2019 , there were no required purchases of FHLB stock. We evaluated the carrying value of our FHLB stock investment at June 30, 2019 and determined that it was not impaired. This evaluation considered the long-term nature of the investment, the current financial and liquidity position of the FHLB, repurchase activity of excess stock by the FHLB at its carrying value, the return on the investment from recurring and special dividends, and our intent and ability to hold this investment for a period of time sufficient to recover our recorded investment. As a member of the Board of Governors of the Federal Reserve System ("FRB"), the Bank owned $6.8 million and $6.7 million of FRB stock which is carried at cost at June 30, 2019 and December 31, 2018 . The Bank purchased $60 thousand and $72 thousand of FRB stock during the three and six months ended June 30, 2019 . We evaluated the carrying value of our FRB stock investment at June 30, 2019 and determined that it was not impaired. This evaluation considered the long-term nature of the investment, the current financial and liquidity position of the FRB, repurchase activity of excess stock by the FRB at its carrying value, the return on the investment from recurring dividends, and our intent and ability to hold this investment for a period of time sufficient to recover our recorded investment. The Bank also has restricted securities in the form of capital stock invested in two different banker’s bank stocks (collectively "Other Bank Stocks") which totaled $1.0 million at June 30, 2019 and December 31, 2018 and are reported in other assets in the condensed consolidated balance sheets. During the three and six months ended June 30, 2019 , there were no changes in the fair value of these equity securities. During the three and six months ended June 30, 2018 , we recognized a $31 thousand and $46 thousand loss related to changes in the fair value of these equity securities.

Loans

Loans	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Loans	LOANS Our loan portfolio consists primarily of loans to borrowers within our principal market area which includes Los Angeles County, Orange County and San Diego County, California. Although we seek to avoid concentrations of loans to a single industry or based upon a single class of collateral, real estate and real estate associated businesses, such as hospitality businesses, are among the principal industries in our market area and, as a result, our loan and collateral portfolios are, to some degree, concentrated in those industries. We also originate SBA loans either for sale to institutional investors or to hold in the loan portfolio. Loans identified as held for sale are carried at the lower of their net carrying value or market value and separately designated as such in the condensed consolidated financial statements. A portion of our revenues are from origination of loans guaranteed by the SBA under its various programs and sale of the guaranteed portions of the loans. Funding for these loans depends on annual appropriations by the U.S. Congress. As of June 30, 2019 , we had certain qualifying loans with an unpaid principal balance of $843.4 million pledged as collateral under a secured borrowing arrangement with the FHLB. See Note 9 – Borrowing Arrangements for additional information regarding the FHLB secured line of credit. The composition of the loans held for investment, net at June 30, 2019 and December 31, 2018 was as follows: June 30, 2019 December 31, 2018 Loans PCI Loans Total Loans PCI Loans Total (dollars in thousands) Construction and land development $ 196,034 $ — $ 196,034 $ 184,177 $ — $ 184,177 Real estate: Residential 51,512 — 51,512 57,443 — 57,443 Commercial real estate - owner occupied 180,043 118 180,161 179,362 132 179,494 Commercial real estate - non-owner occupied 403,130 1,047 404,177 400,590 1,075 401,665 Commercial and industrial 332,181 528 332,709 281,121 597 281,718 SBA loans 170,712 588 171,300 145,622 840 146,462 Consumer 159 — 159 159 — 159 Loans held for investment, net of discounts 1,333,771 2,281 1,336,052 1,248,474 2,644 1,251,118 Net deferred origination fees (37 ) — (37 ) (137 ) — (137 ) Loans held for investment $ 1,333,734 $ 2,281 $ 1,336,015 $ 1,248,337 $ 2,644 $ 1,250,981 Allowance for loan losses (12,053 ) — (12,053 ) (11,056 ) — (11,056 ) Loans held for investment, net $ 1,321,681 $ 2,281 $ 1,323,962 $ 1,237,281 $ 2,644 $ 1,239,925 Loans held for investment were comprised of the following components at June 30, 2019 and December 31, 2018 : June 30, December 31, (dollars in thousands) Gross loans $ 1,347,687 $ 1,263,891 Unamortized net discounts (1) (11,635 ) (12,773 ) Net unamortized deferred origination fees (37 ) (137 ) Loans held for investment $ 1,336,015 $ 1,250,981 (1) Unamortized net discounts include discounts related to the retained portion of SBA loans and net discounts on Non-PCI acquired loans. At June 30, 2019 net discounts related to loans acquired in the PCB acquisition totaled $8.1 million and are expected to be accreted into interest income over a weighted average life of 5.3 years . At December 31, 2018 net discounts related to loans acquired in the PCB acquisition totaled $9.5 million . A summary of the changes in the allowance for loan losses for the three and six months ended June 30, 2019 and 2018 follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Balance, beginning of period $ 11,426 $ 10,010 $ 11,056 $ 10,497 Provision for loan losses 550 320 900 520 Charge-offs (122 ) (21 ) (124 ) (775 ) Recoveries 199 67 221 134 Net recoveries (charge-offs) 77 46 97 (641 ) Balance, end of period $ 12,053 $ 10,376 $ 12,053 $ 10,376 The following table presents the activity in the allowance for loan losses for the three and six months ended June 30, 2019 and 2018 by loan class: Three Months Ended June 30, 2019 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, March 31, 2019 $ 1,806 $ 402 $ 862 $ 2,508 $ 4,036 $ 1,812 $ — $ 11,426 Provision for (reversal of) loan losses 86 (23 ) 43 79 578 (213 ) — 550 Charge-offs — — — — (122 ) — — (122 ) Recoveries — — — — 10 189 — 199 Net (charge-offs) recoveries — — — — (112 ) 189 — 77 Balance, June 30, 2019 $ 1,892 $ 379 $ 905 $ 2,587 $ 4,502 $ 1,788 $ — $ 12,053 Reserves: Specific $ — $ — $ — $ — $ — $ — $ — $ — General 1,892 379 905 2,587 4,502 1,788 — 12,053 $ 1,892 $ 379 $ 905 $ 2,587 $ 4,502 $ 1,788 $ — $ 12,053 Loans evaluated for impairment: Individually $ — $ — $ — $ — $ 238 $ 3,161 $ — $ 3,399 Collectively 196,034 51,512 180,043 403,130 331,943 167,551 159 1,330,372 PCI loans — — 118 1,047 528 588 — 2,281 $ 196,034 $ 51,512 $ 180,161 $ 404,177 $ 332,709 $ 171,300 $ 159 $ 1,336,052 Three Months Ended June 30, 2018 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, March 31, 2018 $ 1,207 $ 454 $ 637 $ 2,749 $ 3,689 $ 1,264 $ 10 $ 10,010 Provision for (reversal of) loan losses 396 (70 ) — 6 (468 ) 466 (10 ) 320 Charge-offs — — — — — (21 ) — (21 ) Recoveries — — — — 67 — — 67 Net (charge-offs) recoveries — — — — 67 (21 ) — 46 Balance, June 30, 2018 $ 1,603 $ 384 $ 637 $ 2,755 $ 3,288 $ 1,709 $ — $ 10,376 Reserves: Specific $ — $ — $ — $ — $ 8 $ 350 $ — $ 358 General 1,603 384 637 2,755 3,280 1,359 — 10,018 $ 1,603 $ 384 $ 637 $ 2,755 $ 3,288 $ 1,709 $ — $ 10,376 Loans evaluated for impairment: Individually $ — $ — $ — $ — $ 108 $ 1,388 $ — $ 1,496 Collectively 133,050 51,661 59,375 258,833 191,858 87,638 — 782,415 $ 133,050 $ 51,661 $ 59,375 $ 258,833 $ 191,966 $ 89,026 $ — $ 783,911 Six Months Ended June 30, 2019 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, December 31, 2018 $ 1,721 $ 422 $ 734 $ 2,686 $ 3,686 $ 1,807 $ — $ 11,056 Provision for (reversal of) loan losses 171 (43 ) 171 (99 ) 908 (208 ) — 900 Charge-offs — — — — (124 ) — — (124 ) Recoveries — — — — 32 189 — 221 Net (charge-offs) recoveries — — — — (92 ) 189 — 97 Balance, June 30, 2019 $ 1,892 $ 379 $ 905 $ 2,587 $ 4,502 $ 1,788 $ — $ 12,053 Six Months Ended June 30, 2018 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, December 31, 2017 $ 1,597 $ 375 $ 655 $ 3,136 $ 3,232 $ 1,494 $ 8 $ 10,497 Provision for (reversal of) loan losses 6 9 (18 ) (381 ) 436 476 (8 ) 520 Charge-offs — — — — (514 ) (261 ) — (775 ) Recoveries — — — — 134 — — 134 Net charge-offs — — — — (380 ) (261 ) — (641 ) Balance, June 30, 2018 $ 1,603 $ 384 $ 637 $ 2,755 $ 3,288 $ 1,709 $ — $ 10,376 We categorize loans by risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, collateral adequacy, credit documentation, and current economic trends, among other factors. We analyze loans individually by classifying the loans as to credit risk. This analysis typically includes larger, non-homogeneous loans such as commercial real estate and commercial and industrial loans. This analysis is performed on an ongoing basis as new information is obtained. We use the following definitions for risk ratings: Pass - Loans classified as pass represent assets with a level of credit quality which contain no well-defined deficiency or weakness. Special Mention - Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substandard - Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful - Loans classified as doubtful have all the weaknesses inherent in those classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, based on currently known facts, conditions and values, highly questionable and improbable. Loss - Loans classified loss are considered uncollectible and of such little value that their continuance as loans is not warranted. The risk category of loans held for investment, net of discounts by class of loans, and excluding PCI loans, as of June 30, 2019 and December 31, 2018 was as follows: June 30, 2019 Pass Special Mention Substandard (1) Total (dollars in thousands) Construction and land development $ 196,034 $ — $ — $ 196,034 Real estate: Residential 51,512 — — 51,512 Commercial real estate - owner occupied 174,855 — 5,188 180,043 Commercial real estate - non-owner occupied 403,130 — — 403,130 Commercial and industrial 320,657 5,770 5,754 332,181 SBA loans 165,095 417 5,200 170,712 Consumer 159 — — 159 $ 1,311,442 $ 6,187 $ 16,142 $ 1,333,771 (1) At June 30, 2019 , substandard loans included $2.7 million of impaired loans. December 31, 2018 Pass Special Mention Substandard (1) Total (dollars in thousands) Construction and land development $ 184,177 $ — $ — $ 184,177 Real estate: Residential 57,443 — — 57,443 Commercial real estate - owner occupied 174,505 4,857 — 179,362 Commercial real estate - non-owner occupied 399,457 1,133 — 400,590 Commercial and industrial 269,640 8,341 3,140 281,121 SBA loans 137,740 6,065 1,817 145,622 Consumer 159 — — 159 $ 1,223,121 $ 20,396 $ 4,957 $ 1,248,474 (1) At December 31, 2018 , substandard loans included $1.7 million of impaired loans. The following tables present past due and nonaccrual loans, net of discounts and excluding PCI loans, presented by loan class at June 30, 2019 and December 31, 2018 : June 30, 2019 Still Accruing 30-59 Days Past Due 60-89 Days Past Due 90 Days or more Past Due Nonaccrual (dollars in thousands) Real estate - residential $ — $ 905 $ — $ — Commercial and industrial 4 — — 238 SBA loans — — — 2,441 Total $ 4 $ 905 $ — $ 2,679 December 31, 2018 Still Accruing 30-59 Days Past Due 60-89 Days Past Due 90 Days or more Nonaccrual (dollars in thousands) Real estate - residential $ 480 $ — $ — $ — Commercial and industrial 3 1 — 89 SBA loans — — — 1,633 Total $ 483 $ 1 $ — $ 1,722 A loan is considered impaired when, based on current information and events, it is probable that we will be unable to collect all amounts due according to the contractual terms of the loan agreement. Recorded investment represents unpaid principal balance, net of charge-offs, discounts and interest applied to principal on nonaccrual loans, if any. Impaired loans, excluding PCI loans, presented by class of loans at June 30, 2019 and December 31, 2018 were as follows: June 30, 2019 Impaired Loans Unpaid Principal Balance Recorded Investment(1) Without Specific Reserve With Specific Reserve Related Allowance (dollars in thousands) Commercial and industrial $ 333 $ 238 $ 238 $ — $ — SBA loans 4,198 3,161 3,161 — — Total $ 4,531 $ 3,399 $ 3,399 $ — $ — (1) Includes TDRs on accrual of $720 thousand . December 31, 2018 Impaired Loans Unpaid Principal Balance Recorded Investment(1) Without Specific Reserve With Specific Reserve Related Allowance (dollars in thousands) Commercial and industrial $ 178 $ 89 $ 89 $ — $ — SBA loans 2,964 1,960 1,960 — — Total $ 3,142 $ 2,049 $ 2,049 $ — $ — (1) Includes TDRs on accrual of $327 thousand . The average recorded investment in impaired loans, excluding PCI loans, and related interest income recognized for the three and six months ended June 30, 2019 and 2018 was as follows: Three Months Ended June 30, 2019 2018 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (dollars in thousands) Commercial and industrial $ 88 $ — $ 110 $ — SBA loans 1,552 10 1,425 — Total $ 1,640 $ 10 $ 1,535 $ — Six Months Ended June 30, 2019 2018 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (dollars in thousands) Commercial and industrial $ 86 $ — $ 147 $ — SBA loans 1,730 17 1,285 — Total $ 1,816 $ 17 $ 1,432 $ — At June 30, 2019 and December 31, 2018 , we had approximately $895 thousand and $922 thousand in recorded investment in loans identified as TDRs and there were no specific reserves allocated for these loans and we had not committed to lend any additional amounts to customers with outstanding loans that are classified as TDRs at June 30, 2019 . Loan modifications resulting in TDR status generally included one or a combination of the following: extensions of the maturity date, principal payment deferments or signed forbearance agreements with a payment plan. During the three and six months ended June 30, 2019 and 2018 , there were no new loan modifications resulting in TDRs. During the three months ended June 30, 2019 and 2018 , there was one loan in each period totaling $95 thousand and $8 thousand modified as a troubled debt restructurings for which there was a payment default within twelve months following the modification. A loan is considered to be in payment default once it is 90 days contractually past due under the modification. During the six months ended June 30, 2019 and 2018 , there was one loan of $95 thousand and two loans totaling $103 thousand modified as a troubled debt restructurings for which there was a payment default within twelve months following the modification. PCI Loans The following table summarizes the changes in the carrying amount and accretable yield of PCI loans for the three and six months ended June 30, 2019 (Refer to Note 2 - Business Combination for further information): Three Months Ended Six Months Ended Carrying Amount Accretable Carrying Amount Accretable (dollars in thousands) Balance, beginning of period $ 2,580 $ 1,934 $ 2,644 $ 2,073 Accretion 86 (86 ) 315 (315 ) Payments received (386 ) — (667 ) — Increase (decrease) in expected cash flows, net 1 80 (11 ) 170 Balance, end of period $ 2,281 $ 1,928 $ 2,281 $ 1,928 Loans Held for Sale At June 30, 2019 and December 31, 2018 , loans held for sale consisted of SBA 7(a) loans and totaled $8.4 million and $28.0 million. We account for loans held for sale at the lower of carrying value or market. The fair value of loans held for sale totaled $8.8 million and $29.2 million at June 30, 2019 and December 31, 2018 .

Transfers and Servicing of Fina

Transfers and Servicing of Financial Assets	6 Months Ended
	Jun. 30, 2019
Transfers and Servicing [Abstract]
Transfers and Servicing of Financial Assets	TRANSFERS AND SERVICING OF FINANCIAL ASSETS We sell loans in the secondary market and, for certain loans, retain the servicing responsibility. The loans serviced for others are accounted for as sales and, therefore, are not included in the accompanying condensed consolidated balance sheets. Loans serviced for others totaled $303.7 million and $288.2 million at June 30, 2019 and December 31, 2018 . This includes SBA loans serviced for others of $216.8 million at June 30, 2019 and $198.4 million at December 31, 2018 for which there is a related servicing asset of $3.5 million and $3.2 million . In addition, the loan servicing portfolio includes construction and land development loans, commercial real estate loans and commercial & industrial loans participated with various other institutions of $86.9 million and $89.8 million at June 30, 2019 and December 31, 2018 for which there is no related servicing asset. Consideration for each SBA loan sale includes the cash received and a related servicing asset. We receive servicing fees ranging from 0.25% to 1.00% for the services provided over the life of the loan. The servicing asset is based on the estimated fair value of these future cash flows to be collected. The risks inherent in SBA servicing assets relates primarily to changes in prepayments that result from shifts in interest rates and a reduction in the estimated future cash flows. The servicing asset activity includes additions from loan sales with servicing retained and reductions from amortization as the serviced loans are repaid and servicing fees are earned. The SBA servicing asset activity is summarized for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Balance, beginning of period $ 3,351 $ 2,508 $ 3,186 $ 2,618 Additions 337 131 713 186 Amortization (206 ) (191 ) (417 ) (356 ) Balance, end of period $ 3,482 $ 2,448 $ 3,482 $ 2,448 The fair value of the servicing asset for SBA loans is measured at least quarterly and was $3.7 million and $3.3 million as of June 30, 2019 and December 31, 2018 . The significant assumptions used in the valuation of the SBA servicing asset at June 30, 2019 included discount rates, ranging from 7.0% to 26.5% , and a weighted average prepayment speed assumption of 15.9% . The following table summarizes the estimated change in the value of servicing assets as of June 30, 2019 given hypothetical shifts in prepayments speeds and yield assumptions: Change in Assumption Change in Estimated Fair Value (dollars in thousands) Prepayment speeds +10% $ (184 ) Prepayment speeds +20% (350 ) Discount rate +1% (102 ) Discount rate +2% (201 ) During the three months ended June 30, 2019 and 2018 , SBA loans sold totaled $16.4 million and $6.0 million . Total gains on sale of SBA loans were $1.3 million and $448 thousand . During the six months ended June 30, 2019 and 2018 , SBA loans sold totaled $35.0 million and $8.8 million . Total gains on sales of SBA loans were $2.2 million and $695 thousand . Net servicing fees, a component of noninterest income, represent contractually specified servicing fees reported net of the servicing asset amortization. Net servicing fees totaled $287 thousand and $126 thousand for the three months ended June 30, 2019 and 2018 including contractually specified servicing fees of $493 thousand and $317 thousand , offset by the amortization indicated in the table above. Net servicing fees totaled $521 thousand and $279 thousand for the six months ended June 30, 2019 and 2018 , including contractually specified servicing fees of $938 thousand and $635 thousand , offset by the amortization indicated in the table above.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	LEASES We adopted ASU 2016-02, Leases (Topic 842), and related amendments on January 1, 2019, using the modified retrospective transition method whereby comparative periods were not restated. No cumulative effect adjustment to the opening balance of retained earnings was required. We elected the package of practical expedients permitted under the new standard, which allowed us to carry forward historical lease classifications, account for lease and nonlease components as a single lease component, and not to recognize a ROU asset and lease liability for short-term leases. Substantially all of our leases are operating leases for corporate offices, branch locations and loan production offices. The amount of the lease liability and ROU asset is impacted by the lease term and the discount rate applied to determine the present value of future lease payments. The remaining terms of our operating leases range from 3 months to 4.2 years . Most of our leases include one or more options to renew, with renewal terms that can extend the lease term by varying amounts. The exercise of renewal options is at our sole discretion. We did not include renewal options in the measurement of ROU assets and lease liabilities as they are not considered reasonably certain of exercise. Upon adoption of this standard, we recognized ROU assets of $6.0 million and lease liabilities of $6.1 million . Subsequent to adoption, we recognized $220 thousand impairment of the ROU assets and $180 thousand for the estimated impairment of other long lived assets related to the consolidation of two branches. The impairment charges are included in occupancy and equipment expense with rent expense and other lease costs on the condensed consolidated statements of income. The impairment is based on a discounted cash flow of estimated sublease income over the remaining lease terms. The balance of ROU assets, net of impairment, and lease liabilities are included in other assets and other liabilities on the condensed consolidated balance sheets. The balance sheet and supplemental information at June 30, 2019 are shown below. Balance sheet and supplemental information (dollars in thousands) Operating lease ROU assets classified as other assets $4,836 Operating lease liability classified as other liabilities $5,113 Weighted average remaining lease term, in years 3.0 Weighted average discount rate 2.73 % We elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component. Variable lease cost primarily represents variable payments such as common area maintenance and utilities. The following table represents lease costs and other lease information for the periods indicated: Three Months Ended June 30, 2019 Six Months Ended (dollars in thousands) Lease Costs Operating lease cost $ 543 $ 1,086 Variable lease cost 3 56 Short-term lease cost 3 14 Total lease costs $ 549 $ 1,156 Other Information Cash paid for amounts included in the measurement of lease liabilities $ 560 $ 1,120 Maturities of lease liabilities for periods indicated: Twelve months ended June 30, (dollars in thousands) 2020 $ 2,093 2021 1,479 2022 1,272 2023 465 2024 22 Thereafter — Total future minimum lease payments 5,331 Less: Imputed interest (218 ) Present value of net future minimum lease payments $ 5,113

Deposits

Deposits	6 Months Ended
	Jun. 30, 2019
Banking and Thrift [Abstract]
Deposits	DEPOSITS Our ten largest depositor relationships accounted for approximately 17% of total deposits at June 30, 2019 and 25% at December 31, 2018 . Time deposits that exceeded the FDIC insurance limit of $250,000 amounted to $87.1 million and $109.4 million as of June 30, 2019 and December 31, 2018 . Such time deposits included collateralized time deposits from the State of California of $25 million and $35 million at June 30, 2019 and December 31, 2018. Total collateralized deposits, including the deposits of State of California and other public agencies, are $58.0 million at June 30, 2019 and are collateralized by letters of credit issued by the FHLB under the Bank's secured line of credit with the FHLB. See Note 9 – Borrowing Arrangements for additional information regarding the FHLB secured line of credit.

Borrowing Arrangements

Borrowing Arrangements	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Borrowing Arrangements	BORROWING ARRANGEMENTS Federal Home Loan Bank Secured Line of Credit At June 30, 2019 , the Bank had a secured line of credit of $412.9 million from the FHLB, of which $185.4 million was available. This secured borrowing arrangement is subject to the Bank providing adequate collateral and continued compliance with the Advances and Security Agreement and other eligibility requirements established by the FHLB. At June 30, 2019 , the Bank had pledged as collateral certain qualifying loans with an unpaid principal balance of $843.4 million under this borrowing agreement. The Bank had a long term fixed-rate advance of $30.0 million that matures in June 2021 with a weighted average interest rate of 1.93% at June 30, 2019 . There were no long term fixed-rated advances at December 31, 2018 . Overnight borrowings outstanding under this arrangement were $135.0 million and $90.0 million with a weighted average interest rate of 2.52% and 2.56% at June 30, 2019 and December 31, 2018 . The average balance of total FHLB borrowings was $75.9 million and $35.4 million with an average interest rate of 2.50% and 1.87% for the three months ended June 30, 2019 and 2018 . The average balance of FHLB borrowings was $55.6 million and $41.4 million with an average interest rate of 2.53% and 1.71% for the six months ended June 30, 2019 and 2018 . In addition, at June 30, 2019 , the Bank used $62.5 million of its secured FHLB borrowing capacity by having the FHLB issue letters of credit to meet collateral requirements for deposits from the State of California and other public agencies. Federal Funds Unsecured Lines of Credit The Bank has established unsecured overnight borrowing arrangements for an aggregate amount of $77.0 million , subject to availability, with five of its primary correspondent banks. In general, interest rates on these lines approximate the federal funds target rate. Overnight borrowings under these credit facilities were $30.0 million and $15.0 million at June 30, 2019 and December 31, 2018 . The average borrowings were $1.5 million and $264 thousand with an average interest rate of 2.70% and 3.04% for the three months ended June 30, 2019 and 2018 . The average borrowings were $1.3 million and $331 thousand with an average interest rate of 2.70% and 2.44% for the six months ended June 30, 2019 and 2018 . Federal Reserve Bank Secured Line of Credit At June 30, 2019 , the Bank had a total secured line of credit of $4.9 million with the Federal Reserve Bank. At June 30, 2019 , the Bank had pledged securities held-to-maturity with a carrying value of $5.1 million as collateral for this line. There were no borrowings under this arrangement at or during the six months ended June 30, 2019 and December 31, 2018 . Senior Secured Notes At June 30, 2019 , the outstanding balance under the holding company's secured line of credit totaled $12.8 million with an interest rate of 5.75% . At December 31, 2018 , the outstanding balance totaled $8.5 million with an interest rate of 5.75% . The average outstanding borrowings under this facility totaled $12.4 million and $3.2 million with an average interest rate of 5.89% and 5.11% for the three months ended June 30, 2019 and 2018 . The average outstanding borrowings under this facility totaled $12.2 million and $2.2 million with an average interest rate of 5.89% and 5.00% for the six months ended June 30, 2019 and 2018 . At June 30, 2019 , we were in compliance with all loan covenants on the facility and the remaining available credit was $12.2 million . One of our executives is also a member of the lending bank's board of directors.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES We account for income taxes by recognizing deferred tax assets and liabilities based upon temporary differences between the amounts for financial reporting purposes and tax basis of its assets and liabilities. Deferred tax assets decreased by approximately $2.0 million during the six months ended June 30, 2019 as a result of changes to temporary differences. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. In assessing the realization of deferred tax assets, management evaluates both positive and negative evidence, including the forecasts of future income, applicable tax planning strategies, and assessments of current and future economic and business conditions. This analysis is updated quarterly and adjusted as necessary. Based on this analysis, management has determined that a valuation allowance for deferred tax assets was not required at June 30, 2019 . For the three months ended June 30, 2019 and 2018 , income tax expense was $3.2 million and $1.5 million , resulting in an effective income tax rate of 31.9% and 30.8% . For the six months ended June 30, 2019 and 2018 , income tax expense was $6.4 million and $2.4 million , resulting in an effective income tax rate of 31.8% and 29.1% . Our effective tax rate is higher than the statutory rate of 29.6% during the three and six months ended June 30, 2019 due to the tax effect of stock-based compensation. We are subject to federal income and California franchise tax. At June 30, 2019 , the federal statute of limitations for the assessment of income tax is closed for all tax years up to and including 2014. The California statute of limitations for the assessment of franchise tax is closed for all years up to and including 2013. To our knowledge, we are currently not under examination in any taxing jurisdiction. The total amount of unrecognized tax benefits was $480 thousand at June 30, 2019 and December 31, 2018 , primarily comprised of unrecognized tax benefits from tax positions taken in prior years. The total amount of tax benefits that, if recognized, would favorably impact the effective tax rate was $0 at June 30, 2019 and December 31, 2018 . We expect the total amount of unrecognized tax benefits to decrease by $367 thousand within the next twelve months due to the expiration of the statute of limitations for the assessment of taxes. We recognize interest and penalties related to unrecognized tax benefits in income tax expense. We had accrued $74 thousand and $59 thousand of interest at June 30, 2019 and December 31, 2018 , respectively. No amounts for penalties were accrued.

Commitments

Commitments	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments	COMMITMENTS In the ordinary course of business, we enter into financial commitments to meet the financing needs of our customers. These financial commitments include commitments to extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk not recognized in our condensed consolidated financial statements. Our exposure to loan loss in the event of nonperformance on commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. We use the same credit policies in making commitments as we do for loans reflected in our condensed consolidated financial statements. As of June 30, 2019 and December 31, 2018 , we had the following outstanding financial commitments whose contractual amounts represent credit risk: June 30, December 31, (dollars in thousands) Commitments to extend credit $ 336,658 $ 375,755 Standby letters of credit 8,320 4,019 Commitments to contribute capital to low income housing project partnerships and other CRA investments 2,236 385 Total $ 347,214 $ 380,159 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Since many of the commitments are expected to expire without being drawn upon, the total amounts do not necessarily represent future cash requirements. We evaluate each client’s credit worthiness on a case-by-case basis. The amount of collateral obtained if deemed necessary by us is based on management’s credit evaluation of the customer. The majority of our commitments to extend credit and standby letters of credit are secured by real estate. The reserve for unfunded commitments was $1.4 million at June 30, 2019 and December 31, 2018 . The reserve for unfunded commitments is included in "other liabilities" in our condensed consolidated balance sheets. We committed to invest in a partnership that sponsors affordable housing projects utilizing the Low Income Housing Tax Credit ("LIHTC") pursuant to Section 42 of the Internal Revenue Code. The purpose of this investment is to achieve a satisfactory return on capital, to facilitate the sale of additional affordable housing projects, and to assist in achieving goals associated with the Community Reinvestment Act ("CRA"). Capital contributions are called for up to an amount specified in the partnership agreement. At June 30, 2019 , the Company had unfunded commitments to contribute capital to this LIHTC investments and other CRA investments totaling $2.2 million .

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS In the ordinary course of business, we may grant loans to certain executive officers and directors and the companies with which they are associated. There are no related party loans for the three and six months ended June 30, 2019. The balance at June 30, 2018 related to one deceased director who no longer considered a related party after September 2018. The change in outstanding balances during the three and six months ended June 30, 2018 are as follows: Three Months Ended June 30, Six Months Ended June 30, 2018 2018 (in thousands) Balance, beginning of period $ 1,755 $ 1,768 Payments (13 ) (26 ) Balance, end of period $ 1,742 $ 1,742 Deposits from certain officers and directors and the companies with which they are associated at June 30, 2019 and December 31, 2018 amounted to $34.6 million and $33.2 million . We have a $25.0 million senior secured facility (refer to Note 9 – Borrowing Arrangements ) with another bank in which one of our executives is also a member of the lending bank’s board of directors. The outstanding balance of this facility was $12.8 million at June 30, 2019 .

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Earnings per share (“EPS”) are computed on a basic and diluted basis. Basic EPS is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding. Basic shares outstanding exclude unvested shares of restricted stock and stock options. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that shares in our earnings. Our unvested grants of restricted stock contain non-forfeitable rights to dividends, which are required to be treated as participating securities and included in the computation of earnings per share. The following is a reconciliation of net income and shares outstanding used in the computation of basic and diluted EPS: Three Months Ended Six Months Ended June 30, June 30, March 31, June 30, 2019 2018 Numerator for basic earnings per share: (dollars in thousands, except share and per share data) Net income $ 6,811 $ 7,008 $ 3,435 $ 13,819 $ 5,814 Less: dividends and net income allocated to participating securities (76 ) (61 ) (37 ) (137 ) (68 ) Net income available to common shareholders $ 6,735 $ 6,947 $ 3,398 $ 13,682 $ 5,746 Denominator for basic earnings per share: Basic weighted average common shares outstanding during the period 11,581,889 11,654,450 7,172,020 11,616,223 7,166,509 Denominator for diluted earnings per share: Basic weighted average common shares outstanding during the period 11,581,889 11,654,450 7,172,020 11,616,223 7,166,509 Net effect of dilutive stock options 93,168 158,568 42,453 125,687 40,786 Diluted weighted average common shares 11,675,057 11,813,018 7,214,473 11,741,910 7,207,295 Net income per common share: Basic $ 0.58 $ 0.60 $ 0.47 $ 1.18 $ 0.80 Diluted $ 0.58 $ 0.59 $ 0.47 $ 1.17 $ 0.80

Stock-Based Compensation Plans

Stock-Based Compensation Plans	6 Months Ended
	Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Plans	STOCK-BASED COMPENSATION PLANS Our 2013 Omnibus Stock Incentive Plan (“2013 Plan”) was approved by shareholders in May 2013. Under the terms of the 2013 Plan, officers and key employees may be granted both nonqualified and incentive stock options and directors and other consultants, who are not also an officer or employee, may only be granted nonqualified stock options. The 2013 Plan also permits the grant of stock appreciation rights (“SARs”), restricted shares, deferred shares, performance shares and performance unit awards. The 2013 Plan provides that the total shares of common stock that may be awarded under the plan shall not exceed 1,390,620 shares, of which a maximum of 300,000 shares may be granted as incentive stock options. Stock options, SARs, performance share and unit awards are granted at a price not less than 100% of the fair market value of the stock on the date of grant. Options generally vest over a period of three to five years. The 2013 Plan provides for accelerated vesting if there is a change of control, as defined in the 2013 Plan. Stock options expire no later than ten years from the grant. The 2013 Plan expires in 2023. In connection with the Merger, we issued replacement stock options exercisable for 420,393 shares of our common stock in cancellation of PCB stock options with an aggregated fair value of $7.4 million to PCB directors, officers and employees, which we refer to as rollover stock options. The remaining term on the rollover stock options ranges from 1 month to 9 years. We recognized stock-based compensation expense of $567 thousand and $433 thousand for the three months ended June 30, 2019 and 2018 and $969 thousand and $891 thousand for the six months ended June 30, 2019 and 2018 . A summary of activity in our outstanding stock options during the three and six months ended June 30, 2019 and 2018 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Three Months Ended June 30, 2019: (dollars in thousands) Outstanding, beginning of period 226,360 $ 10.11 Exercised (85,271 ) 10.00 Granted — — Forfeited — — Outstanding, end of period 141,089 $ 10.18 4.4 years $ 1,772 Options exercisable 141,089 $ 10.18 4.4 years $ 1,772 Three Months Ended June 30, 2018: Outstanding, beginning of period 65,978 $ 10.17 Exercised — — Granted — — Forfeited — — Outstanding, end of period 65,978 $ 10.17 5.0 years $ 1,345 Options exercisable 57,324 $ 10.00 4.9 years $ 1,179 Six Months Ended June 30, 2019 2018 Shares Weighted Average Exercise Price Shares Weighted Outstanding, beginning of period 383,212 $ 10.44 65,978 $ 10.17 Exercised (241,737 ) 10.58 — — Granted — — — — Forfeited (386 ) 12.94 — — Outstanding, end of period 141,089 $ 10.18 65,978 $ 10.17 Options exercisable 141,089 $ 10.18 57,324 $ 10.00 As of June 30, 2019 , there was no unrecognized compensation cost related to the outstanding stock options. The intrinsic value of options exercised during the three months ended June 30, 2019 and 2018 was approximately $1.0 million and $0 . The intrinsic value of options exercised during the six months ended June 30, 2019 and 2018 was approximately $2.7 million and $0 thousand . A summary of activity for outstanding restricted shares for the three and six months ended June 30, 2019 and 2018 is as follows: Three Months Ended June 30, 2019 2018 Shares Weighted Average Grant-Date Fair Value Shares Weighted Average Grant-Date Fair Value Nonvested, beginning of period 119,226 $ 23.10 83,485 $ 22.41 Granted 21,413 21.50 5,501 26.94 Vested (6,274 ) 22.38 (8,224 ) 21.37 Forfeited (6,312 ) 22.21 (3,135 ) 18.51 Nonvested, end of period 128,053 $ 22.91 77,627 $ 23.03 Six Months Ended June 30, 2019 2018 Shares Weighted Average Grant-Date Fair Value Shares Weighted Average Grant-Date Fair Value Nonvested, beginning of period 84,120 $ 23.90 142,553 $ 20.28 Granted 110,233 22.19 10,940 26.21 Vested (59,475 ) 23.09 (71,013 ) 22.29 Forfeited (6,825 ) 21.88 (4,853 ) 19.24 Nonvested, end of period 128,053 $ 22.91 77,627 $ 23.03 As of June 30, 2019 , there was approximately $2.0 million of total unrecognized compensation cost related to the restricted shares that will be recognized over the weighted-average period of 2.2 years . The value of restricted shares that vested was approximately $172 thousand and $238 thousand during the three months ended June 30, 2019 and 2018 . The value of restricted shares that vested was approximately $1.4 million and $1.8 million during the six months ended June 30, 2019 and 2018 .

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS The fair value of a financial instrument is the amount at which the asset or obligation could be exchanged (using an exit price notion) in a current transaction between willing parties, other than in a forced or liquidation sale. Fair value estimates are made at a specific point in time based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the entire holdings of a particular financial instrument. Because no market value exists for a significant portion of the financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature, involve uncertainties and matters of judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on financial instruments both on and off the balance sheet without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Additionally, tax consequences related to the realization of the unrealized gains and losses can have a potential effect on fair value estimates and have not been considered in many of the estimates. The methods and assumptions used to estimate the fair value of certain financial instruments not previously presented are described below: Loans. The fair value of loans, which is based on an exit price notion, is generally determined using an income-based approach based on discounted cash flow analysis. This approach utilizes the contractual maturity of the loans and market indications of interest rates, prepayment speeds, defaults and credit risk in determining fair value. For impaired loans, an asset-based approach is applied to determine the estimated fair values of the underlying collateral. This approach utilizes the estimated net sales proceeds to determine the fair value of the loans when deemed appropriate. The implied sales proceeds value provides a better indication of value than using an income-based approach as these loans are not performing or exhibit strong signs indicative of non-performance. Securities. The fair values of securities available-for-sale are determined by matrix pricing, which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted prices for specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2). Equity Securities. The fair value of equity securities is based on quoted prices in active markets for identical assets to determine the fair value. If quoted prices are not available to determine fair value, we use other inputs that are directly observable. Recurring fair value measurements The following table provides the hierarchy and fair value for each major category of assets and liabilities measured at fair value on a recurring basis at June 30, 2019 and December 31, 2018 : Recurring Fair Value Measurements Level 1 Level 2 Level 3 Total June 30, 2019: (dollars in thousands) Securities available-for-sale: Mortgage-backed securities $ — $ 8,557 $ — $ 8,557 Collateralized mortgage obligations — 10,828 — 10,828 SBA Pools — 9,173 — 9,173 Securities available-for-sale $ — $ 28,558 $ — $ 28,558 Equity securities: Mutual fund investment $ 2,647 $ — $ — $ 2,647 December 31, 2018: Securities available-for-sale: Mortgage-backed securities $ — $ 8,844 $ — $ 8,844 Collateralized mortgage obligations — 11,461 — 11,461 SBA Pools — 9,238 — 9,238 Securities available-for-sale $ — $ 29,543 $ — $ 29,543 Equity securities: Mutual fund investment $ 2,538 $ — $ — $ 2,538 Nonrecurring fair value measurements These fair value measurements typically result from the application of specific accounting pronouncements under GAAP. The fair value measurements are considered nonrecurring fair value measurements under FASB ASC 820-10. At June 30, 2019 and 2018 the fair value measurements (Level 3) related to collateral dependent impaired loans totaled zero and $1.1 million . Total nonrecurring losses (which include charge-offs, net of recoveries and changes in specific reserves) recognized for impaired loans during the three months ended June 30, 2019 and 2018 totaled zero and $379 thousand in losses. We utilized selling costs ranging from 8% to 10% of appraised values for nonrecurring fair value measurements related to collateral-dependent impaired loans during the three months ended June 30, 2019 and 2018 . Total nonrecurring losses (which include charge-offs, net of recoveries and changes in specific reserves) recognized for impaired loans during the six months ended June 30, 2019 and 2018 totaled zero and $613 thousand in losses. We utilized selling costs ranging from 8% to 10% of appraised values for nonrecurring fair value measurements related to collateral-dependent impaired loans during the six months ended June 30, 2019 and 2018 . There were no transfers of financial assets between Levels 1, 2 and 3 for the three and six months ended June 30, 2019 and 2018 . Fair value of financial instruments The fair value hierarchy level and estimated fair value of significant financial instruments at June 30, 2019 and December 31, 2018 : June 30, 2019 December 31, 2018 Fair Value Hierarchy Carrying Amount Fair Value Carrying Amount Fair Value Financial Assets: (dollars in thousands) Cash and cash equivalents Level 1 $ 237,603 $ 237,603 $ 197,376 $ 197,376 Securities available-for-sale Level 2 28,558 28,558 29,543 29,543 Securities held-to-maturity Level 2 5,076 5,059 5,322 5,095 Equity securities Level 1 2,647 2,647 2,538 2,538 Loans held for sale Level 2 8,428 8,757 28,022 29,238 Loan held for investment, net Level 3 1,323,962 1,364,228 1,239,925 1,265,013 Restricted stock investments, at cost Level 2 12,927 12,927 12,855 12,855 Servicing asset Level 3 3,482 3,669 3,186 3,295 Accrued interest receivable Level 2 5,643 5,643 5,069 5,069 Financial Liabilities: Deposits Level 2 $ 1,255,878 $ 1,255,551 $ 1,252,339 $ 1,250,555 Borrowings Level 2 195,000 195,000 104,998 104,998 Senior secured notes Level 2 12,800 12,800 8,450 8,450 Accrued interest payable Level 2 347 347 366 366

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION The portion of our noninterest income which is in scope of Topic 606, Revenue from Contracts with Customers , includes fees from deposit customers for transaction-based fees, account maintenance charges, and overdraft services. Transaction-based fees include items such as ATM and ACH fees, overdraft and stop payment charges, and are recognized at the time such transactions are executed and our service has been fulfilled. Account maintenance charges, which are primarily monthly fees, are earned over the course of the month, which represents the period through which we satisfy our performance obligation. Overdraft fees are recognized at the time the overdraft occurs. Service charges are typically withdrawn from the customer’s account balance. The following is a summary of our noninterest income in-scope and not in-scope of Topic 606: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Noninterest income, in-scope: Service charges and fees on deposit accounts $ 564 $ 208 $ 1,104 $ 423 Other income 45 9 87 18 Total noninterest income, in-scope 609 217 1,191 441 Noninterest income, not in-scope: Gain on sale of loans 1,271 448 2,199 695 Net servicing fees 287 126 521 279 Change in fair value of equity securities 39 (51 ) 74 (117 ) Other income 116 47 459 58 Total noninterest income, not in-scope 1,713 570 3,253 915 Total noninterest income $ 2,322 $ 787 $ 4,444 $ 1,356

Equity

Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Equity	EQUITY Dividends During the three months ended June 30, 2019 and 2018 , total quarterly cash dividends declared were $0.20 per share and total cash dividends paid were $2.4 million and $1.5 million . During the six months ended June 30, 2019 and 2018 , total cash dividends declared were $0.40 per share and total cash dividends paid were $4.7 million and $2.9 million . Stock Repurchase Plan On December 3, 2018, we announced a stock repurchase plan, providing for the repurchase of up to 1.2 million shares, or approximately 10%, of our then outstanding shares (the "repurchase plan"). The repurchase plan permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rules 10b5-1 and 10b-18. The repurchase plan may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of tentative investment opportunities, liquidity, and other factors management deems appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase plan does not obligate us to purchase any particular number of shares. During the three months ended June 30, 2019 , we repurchased 12,824 shares at an average price of $21.30 per share and a total cost of $272 thousand under the repurchase plan. During the six months ended June 30, 2019 , we repurchased 328,770 shares at an average price of $21.54 per share and total cost of $7.1 million . Since the plan was announced, we have repurchased a total of 365,053 shares at an average price of $21.56 per share. The remaining number of shares authorized to be repurchased under this plan is 834,947 shares at June 30, 2019 .

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS On August 1, 2019 , we declared a $0.20 cash dividend payable on August 29, 2019 to shareholders of record as of August 15, 2019 .

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of Bancorp and the Bank and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring adjustments considered necessary for a fair presentation, have been included. Operating results for the six months ended June 30, 2019 are not necessarily indicative of the results that may be expected for the year ending December 31, 2019. These interim period condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements as of and for the years ended December 31, 2018 and 2017 , which are included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC"). All significant intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates in the Preparation of Consolidated Financial Statements	Use of Estimates in the Preparation of Consolidated Financial Statements The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change are the determination of the allowance for loan losses, the valuation of acquired loans, the valuation of goodwill and separately identifiable intangible assets associated with mergers and acquisitions, and the valuation of deferred tax assets.
Leases	Leases We determine if an arrangement contains a lease at contract inception and recognize right-of-use ("ROU") assets and operating lease liabilities based on the present value of lease payments over the lease term. While our operating leases may include options to extend the term, we do not take into account the options in calculating the ROU asset and lease liability unless we are reasonably certain we will exercise such options. Most of our leases do not provide an implicit rate and, therefore, we determine the present value of lease payments by using our incremental borrowing rate, currently our FHLB secured borrowing rate for the remaining lease term, and other information available at lease commencement. Leases with an initial term of 12 months or less are not recorded in the consolidated balance sheets. Lease expense is recognized on a straight line basis over the lease term. We have lease agreements with lease and non-lease components for which we have elected to account for as a single lease component. Refer to – Accounting Standards Adopted in 2019 below and Note 7. Leases for further discussion on our leasing arrangements and related accounting.
Accounting Standards Adopted in 2019 and Recent Accounting Guidance Not Yet Effective	Accounting Standards Adopted in 2019 We adopted ASU 2016-02, Leases (Topic 842) and ASU 2018-11, Leases (Topic 842): Targeted Improvements, referred to herein as Topic 842, effective January 1, 2019. The new guidance establishes the principles to report transparent and economically neutral information about the assets and liabilities that arise from leases. Entities are required to recognize ROU assets and lease liabilities that arise from leases in the statement of financial position and to disclose qualitative and quantitative information about lease transactions, such as information about variable lease payments and options to renew and terminate leases. Under the amendments in ASU 2018-11, entities may elect not to recast the comparative periods presented when transitioning to the new leasing standard. Upon adoption, we elected to use the modified retrospective transition approach and recorded ROU assets of $6.0 million and lease liabilities of $6.1 million at the date of adoption with no adjustment to opening equity. We elected to apply the package of practical expedients which permits entities to not reassess: (i) whether any expired or existing contracts contain a lease; (ii) lease classification for any expired or existing leases; and (iii) whether initial direct costs for any existing leases qualify for capitalization under the amended guidance. We also elected not to include short-term leases (leases with initial terms of twelve months or less) on the consolidated balance sheets. Recent Accounting Guidance Not Yet Effective In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326) (“ASU 2016-13”), also known as "CECL". This guidance will replace the incurred loss impairment methodology used to estimate the allowance for credit losses in current GAAP with a methodology that reflects future expected credit losses and requires consideration of a broader range of reasonable and supportable forecasts in the credit loss estimates. On July 17, 2019, the FASB proposed a delay in the effective date of ASU 2016-13 for smaller reporting companies, private companies and other non-SEC filers. We are considered a smaller reporting company. If the FASB approves the delay, this ASU will be effective for the Company on January 1, 2023. If the proposed delay is not approved, we will adopt the guidance as currently established on January 1, 2020. Management continues to have a cross functional committee in place to oversee the project, has selected software to implement the new guidance and has engaged an existing third-party service provider to assist in implementation. We have completed a data gap analysis, are addressing additional data requirements, have developed initial modeling assumptions, and have run a high level sensitivity analysis. We expect to begin parallel calculations, testing, and further sensitivity analysis in the third quarter of 2019. We have not yet determined the potential impact to our condensed consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement ("ASU 2018-13"). The primary objective of ASU 2018-13 is to improve the effectiveness of disclosures in the notes to financial statements. ASU 2018-13 will be effective on January 1, 2020, although early adoption is permitted. The adoption of ASU 2018-13 is not expected to significantly impact our condensed consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract (a consensus of the FASB Emerging Issues Task Force) ("ASU 2018-15"). ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). ASU 2018-15 is effective on January 1, 2020, including interim periods within the years of adoption although early adoption is permitted. ASU 2018-15 is not expected to significantly impact our condensed consolidated financial statements.

Business Combination (Tables)

Business Combination (Tables)	6 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Schedule of Assets Acquired and Liabilities Assumed	The following table represents the fair value of assets acquired and liabilities assumed of PCB, as of July 31, 2018, recorded using the acquisition method of accounting: Fair Value (dollars in thousands) Assets acquired: Cash and cash equivalents $ 111,035 Loans held for investment, net 399,822 Investment in restricted stock, at cost 4,148 Premises and equipment 719 Servicing assets 1,054 Cash surrender value of bank-owned life insurance 4,712 Deferred taxes 4,612 Core deposit intangible 6,908 Accrued interest receivable and other assets 3,487 Total assets acquired $ 536,497 Liabilities assumed: Deposits $ 474,925 Accrued interest payable and other liabilities 1,724 Total liabilities assumed 476,649 Net assets acquired $ 59,848 Purchase consideration: Fair value of shares of First Choice Bancorp issued in the merger $ 125,902 Fair value of equity awards exchanged 7,371 Total purchase consideration 133,273 Goodwill recognized $ 73,425 The following table presents the total revenue and net income amounts related to PCB's operations included in our condensed consolidated statements of income for the period indicated: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (dollars in thousands) Net interest income and noninterest income $ 5,788 $ 12,365 Net income $ 1,796 $ 4,031
Schedule of Fair Value of Loans Acquired	The following table presents the amounts that comprise the fair value of loans acquired, excluding purchased credit impaired loans ("PCI loans"), from PCB at July 31, 2018: Loans (dollars in thousands) Contractual amounts receivable $ 507,720 Contractual cash flows not expected to be collected (8,520 ) Expected cash flows 499,200 Interest component of expected cash flows (102,431 ) Fair value of loans acquired, excluding PCI loans $ 396,769 A component of total loans acquired from PCB were PCI loans. Refer to Note 5. Loans for additional information regarding PCI loans. The following table presents the amounts that comprise the fair value of PCI loans at July 31, 2018: PCI Loans (dollars in thousands) Contractually required payments receivable (principal and interest) $ 8,580 Nonaccretable difference (contractual cash flows not expected to be collected) (3,416 ) Expected cash flows 5,164 Accretable yield (2,111 ) Fair value of PCI loans acquired $ 3,053 The following table summarizes the changes in the carrying amount and accretable yield of PCI loans for the three and six months ended June 30, 2019 (Refer to Note 2 - Business Combination for further information): Three Months Ended Six Months Ended Carrying Amount Accretable Carrying Amount Accretable (dollars in thousands) Balance, beginning of period $ 2,580 $ 1,934 $ 2,644 $ 2,073 Accretion 86 (86 ) 315 (315 ) Payments received (386 ) — (667 ) — Increase (decrease) in expected cash flows, net 1 80 (11 ) 170 Balance, end of period $ 2,281 $ 1,928 $ 2,281 $ 1,928
Schedule of Business Acquisition, Integration And Public Company Registration Costs	The following table presents the components of merger, integration and public company registration costs for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Professional fees $ — $ 183 $ — $ 526 Systems integration — 17 — 16 Other — 156 — 188 Total $ — $ 356 $ — $ 730
Schedule of Pro Forma Information	The following supplemental pro forma information presents certain financial results for the three and six months ended June 30, 2018 as if the acquisition of PCB, which was completed on July 31, 2018, was effective as of January 1, 2017. The unaudited pro forma financial information for the three and six months ended June 30, 2018 included in the table below is based on various estimates and is presented for informational purposes only and does not indicate the financial condition or results of operations of the combined company that would have been achieved for the periods presented had the transaction been completed as of the date indicated or that may be achieved in the future. Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in thousands, except per share data) Net interest income and noninterest income $ 18,961 $ 36,345 Net income $ 5,982 $ 9,882 Net income per share: Basic $ 0.51 $ 0.85 Diluted $ 0.51 $ 0.85

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in CDI	The following table presents the changes in CDI for the three and six months ended June 30, 2019 : Three Months Ended Six Months Ended (dollars in thousands) Gross balance, beginning of period $ 6,908 $ 6,908 Accumulated amortization: Balance, beginning of period (528 ) (332 ) Amortization (197 ) (393 ) Impairment — — Balance, end of period (725 ) (725 ) Net core deposit intangible, end of period $ 6,183 $ 6,183
Schedule of estimated amortization expense for CDI	The following table shows the estimated amortization expense for CDI during the next five fiscal years: Year Ended December 31, (dollars in thousands) Remainder 2019 $ 393 2020 771 2021 753 2022 732 2023 707 Thereafter 2,827 $ 6,183

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Summary of Available-for-sale Securities Amortized Cost and Fair Value	The carrying amount of securities held-to-maturity and securities available-for-sale and their approximate fair values at June 30, 2019 and December 31, 2018 were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2019 (dollars in thousands) Securities available-for-sale: Mortgage-backed securities $ 8,676 $ 23 $ (142 ) $ 8,557 Collateralized mortgage obligations 10,870 23 (65 ) 10,828 SBA pools 9,131 76 (34 ) 9,173 $ 28,677 $ 122 $ (241 ) $ 28,558 Securities held-to-maturity: U.S. Government and agency securities $ 3,341 $ — $ (16 ) $ 3,325 Mortgage-backed securities 1,735 25 (26 ) 1,734 $ 5,076 $ 25 $ (42 ) $ 5,059 December 31, 2018 Securities available-for-sale: Mortgage-backed securities $ 9,177 $ — $ (333 ) $ 8,844 Collateralized mortgage obligations 11,731 2 (272 ) 11,461 SBA pools 9,628 — (390 ) 9,238 $ 30,536 $ 2 $ (995 ) $ 29,543 Securities held-to-maturity: U.S. Government and agency securities $ 3,340 $ — $ (122 ) $ 3,218 Mortgage-backed securities 1,982 — (105 ) 1,877 $ 5,322 $ — $ (227 ) $ 5,095
Summary of Held-to-maturity Securities Amortized Cost and Fair Value	The carrying amount of securities held-to-maturity and securities available-for-sale and their approximate fair values at June 30, 2019 and December 31, 2018 were as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2019 (dollars in thousands) Securities available-for-sale: Mortgage-backed securities $ 8,676 $ 23 $ (142 ) $ 8,557 Collateralized mortgage obligations 10,870 23 (65 ) 10,828 SBA pools 9,131 76 (34 ) 9,173 $ 28,677 $ 122 $ (241 ) $ 28,558 Securities held-to-maturity: U.S. Government and agency securities $ 3,341 $ — $ (16 ) $ 3,325 Mortgage-backed securities 1,735 25 (26 ) 1,734 $ 5,076 $ 25 $ (42 ) $ 5,059 December 31, 2018 Securities available-for-sale: Mortgage-backed securities $ 9,177 $ — $ (333 ) $ 8,844 Collateralized mortgage obligations 11,731 2 (272 ) 11,461 SBA pools 9,628 — (390 ) 9,238 $ 30,536 $ 2 $ (995 ) $ 29,543 Securities held-to-maturity: U.S. Government and agency securities $ 3,340 $ — $ (122 ) $ 3,218 Mortgage-backed securities 1,982 — (105 ) 1,877 $ 5,322 $ — $ (227 ) $ 5,095
Investments Classified by Contractual Maturity Date	The amortized cost and estimated fair value of all investment securities held-to-maturity and available-for-sale at June 30, 2019 , by contractual maturities are shown below. Contractual maturities may differ from expected maturities because the obligors and/or issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Held to Maturity Available for Sale Amortized Cost Fair Value Amortized Cost Fair Value (dollars in thousands) Due in one year or less $ — $ — $ — $ — Due after one year through five years 3,341 3,325 — — Due after five years through ten years — — — — Due after ten years (1) 1,735 1,734 28,677 28,558 $ 5,076 $ 5,059 $ 28,677 $ 28,558 (1) Mortgage-backed securities, collateralized mortgage obligations and SBA pools do not have a single stated maturity date and, therefore, have been included in the "Due after ten years" category.
Schedule of Unrealized Loss on Investments	As of June 30, 2019 and December 31, 2018 , unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized as follows: Less Than Twelve Months Over Twelve Months Total Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value June 30, 2019 (dollars in thousands) Securities available-for-sale: Mortgage-backed securities $ — $ — $ (142 ) $ 6,766 $ (142 ) $ 6,766 Collateralized mortgage obligations — — (65 ) 7,521 (65 ) 7,521 SBA pools — — (34 ) 3,218 (34 ) 3,218 $ — $ — $ (241 ) $ 17,505 $ (241 ) $ 17,505 Securities held-to-maturity: U.S. Government and agency securities $ — $ — $ (16 ) $ 3,325 $ (16 ) $ 3,325 Mortgage-backed securities — — (26 ) 789 (26 ) 789 $ — $ — $ (42 ) $ 4,114 $ (42 ) $ 4,114 December 31, 2018 Securities available-for-sale: Mortgage-backed securities $ (20 ) $ 2,397 $ (313 ) $ 6,447 $ (333 ) $ 8,844 Collateralized mortgage obligations (3 ) 1,127 (269 ) 9,742 (272 ) 10,869 SBA pools — — (390 ) 9,238 (390 ) 9,238 $ (23 ) $ 3,524 $ (972 ) $ 25,427 $ (995 ) $ 28,951 Securities held-to-maturity: U.S. Government and agency securities $ — $ — $ (122 ) $ 3,218 $ (122 ) $ 3,218 Mortgage-backed securities — — (105 ) 1,877 (105 ) 1,877 $ — $ — $ (227 ) $ 5,095 $ (227 ) $ 5,095

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	The composition of the loans held for investment, net at June 30, 2019 and December 31, 2018 was as follows: June 30, 2019 December 31, 2018 Loans PCI Loans Total Loans PCI Loans Total (dollars in thousands) Construction and land development $ 196,034 $ — $ 196,034 $ 184,177 $ — $ 184,177 Real estate: Residential 51,512 — 51,512 57,443 — 57,443 Commercial real estate - owner occupied 180,043 118 180,161 179,362 132 179,494 Commercial real estate - non-owner occupied 403,130 1,047 404,177 400,590 1,075 401,665 Commercial and industrial 332,181 528 332,709 281,121 597 281,718 SBA loans 170,712 588 171,300 145,622 840 146,462 Consumer 159 — 159 159 — 159 Loans held for investment, net of discounts 1,333,771 2,281 1,336,052 1,248,474 2,644 1,251,118 Net deferred origination fees (37 ) — (37 ) (137 ) — (137 ) Loans held for investment $ 1,333,734 $ 2,281 $ 1,336,015 $ 1,248,337 $ 2,644 $ 1,250,981 Allowance for loan losses (12,053 ) — (12,053 ) (11,056 ) — (11,056 ) Loans held for investment, net $ 1,321,681 $ 2,281 $ 1,323,962 $ 1,237,281 $ 2,644 $ 1,239,925 Loans held for investment were comprised of the following components at June 30, 2019 and December 31, 2018 : June 30, December 31, (dollars in thousands) Gross loans $ 1,347,687 $ 1,263,891 Unamortized net discounts (1) (11,635 ) (12,773 ) Net unamortized deferred origination fees (37 ) (137 ) Loans held for investment $ 1,336,015 $ 1,250,981 (1) Unamortized net discounts include discounts related to the retained portion of SBA loans and net discounts on Non-PCI acquired loans. At June 30, 2019 net discounts related to loans acquired in the PCB acquisition totaled $8.1 million and are expected to be accreted into interest income over a weighted average life of 5.3 years . At December 31, 2018 net discounts related to loans acquired in the PCB acquisition totaled $9.5 million .
Allowance for Credit Losses on Financing Receivables	A summary of the changes in the allowance for loan losses for the three and six months ended June 30, 2019 and 2018 follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Balance, beginning of period $ 11,426 $ 10,010 $ 11,056 $ 10,497 Provision for loan losses 550 320 900 520 Charge-offs (122 ) (21 ) (124 ) (775 ) Recoveries 199 67 221 134 Net recoveries (charge-offs) 77 46 97 (641 ) Balance, end of period $ 12,053 $ 10,376 $ 12,053 $ 10,376 The following table presents the activity in the allowance for loan losses for the three and six months ended June 30, 2019 and 2018 by loan class: Three Months Ended June 30, 2019 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, March 31, 2019 $ 1,806 $ 402 $ 862 $ 2,508 $ 4,036 $ 1,812 $ — $ 11,426 Provision for (reversal of) loan losses 86 (23 ) 43 79 578 (213 ) — 550 Charge-offs — — — — (122 ) — — (122 ) Recoveries — — — — 10 189 — 199 Net (charge-offs) recoveries — — — — (112 ) 189 — 77 Balance, June 30, 2019 $ 1,892 $ 379 $ 905 $ 2,587 $ 4,502 $ 1,788 $ — $ 12,053 Reserves: Specific $ — $ — $ — $ — $ — $ — $ — $ — General 1,892 379 905 2,587 4,502 1,788 — 12,053 $ 1,892 $ 379 $ 905 $ 2,587 $ 4,502 $ 1,788 $ — $ 12,053 Loans evaluated for impairment: Individually $ — $ — $ — $ — $ 238 $ 3,161 $ — $ 3,399 Collectively 196,034 51,512 180,043 403,130 331,943 167,551 159 1,330,372 PCI loans — — 118 1,047 528 588 — 2,281 $ 196,034 $ 51,512 $ 180,161 $ 404,177 $ 332,709 $ 171,300 $ 159 $ 1,336,052 Three Months Ended June 30, 2018 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, March 31, 2018 $ 1,207 $ 454 $ 637 $ 2,749 $ 3,689 $ 1,264 $ 10 $ 10,010 Provision for (reversal of) loan losses 396 (70 ) — 6 (468 ) 466 (10 ) 320 Charge-offs — — — — — (21 ) — (21 ) Recoveries — — — — 67 — — 67 Net (charge-offs) recoveries — — — — 67 (21 ) — 46 Balance, June 30, 2018 $ 1,603 $ 384 $ 637 $ 2,755 $ 3,288 $ 1,709 $ — $ 10,376 Reserves: Specific $ — $ — $ — $ — $ 8 $ 350 $ — $ 358 General 1,603 384 637 2,755 3,280 1,359 — 10,018 $ 1,603 $ 384 $ 637 $ 2,755 $ 3,288 $ 1,709 $ — $ 10,376 Loans evaluated for impairment: Individually $ — $ — $ — $ — $ 108 $ 1,388 $ — $ 1,496 Collectively 133,050 51,661 59,375 258,833 191,858 87,638 — 782,415 $ 133,050 $ 51,661 $ 59,375 $ 258,833 $ 191,966 $ 89,026 $ — $ 783,911 Six Months Ended June 30, 2019 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, December 31, 2018 $ 1,721 $ 422 $ 734 $ 2,686 $ 3,686 $ 1,807 $ — $ 11,056 Provision for (reversal of) loan losses 171 (43 ) 171 (99 ) 908 (208 ) — 900 Charge-offs — — — — (124 ) — — (124 ) Recoveries — — — — 32 189 — 221 Net (charge-offs) recoveries — — — — (92 ) 189 — 97 Balance, June 30, 2019 $ 1,892 $ 379 $ 905 $ 2,587 $ 4,502 $ 1,788 $ — $ 12,053 Six Months Ended June 30, 2018 Real Estate Construction and Land Development Residential Commercial - Owner Occupied Commercial - Non-owner Occupied Commercial and Industrial SBA Loans Consumer Total (dollars in thousands) Balance, December 31, 2017 $ 1,597 $ 375 $ 655 $ 3,136 $ 3,232 $ 1,494 $ 8 $ 10,497 Provision for (reversal of) loan losses 6 9 (18 ) (381 ) 436 476 (8 ) 520 Charge-offs — — — — (514 ) (261 ) — (775 ) Recoveries — — — — 134 — — 134 Net charge-offs — — — — (380 ) (261 ) — (641 ) Balance, June 30, 2018 $ 1,603 $ 384 $ 637 $ 2,755 $ 3,288 $ 1,709 $ — $ 10,376
Financing Receivable Credit Quality Indicators	The risk category of loans held for investment, net of discounts by class of loans, and excluding PCI loans, as of June 30, 2019 and December 31, 2018 was as follows: June 30, 2019 Pass Special Mention Substandard (1) Total (dollars in thousands) Construction and land development $ 196,034 $ — $ — $ 196,034 Real estate: Residential 51,512 — — 51,512 Commercial real estate - owner occupied 174,855 — 5,188 180,043 Commercial real estate - non-owner occupied 403,130 — — 403,130 Commercial and industrial 320,657 5,770 5,754 332,181 SBA loans 165,095 417 5,200 170,712 Consumer 159 — — 159 $ 1,311,442 $ 6,187 $ 16,142 $ 1,333,771 (1) At June 30, 2019 , substandard loans included $2.7 million of impaired loans. December 31, 2018 Pass Special Mention Substandard (1) Total (dollars in thousands) Construction and land development $ 184,177 $ — $ — $ 184,177 Real estate: Residential 57,443 — — 57,443 Commercial real estate - owner occupied 174,505 4,857 — 179,362 Commercial real estate - non-owner occupied 399,457 1,133 — 400,590 Commercial and industrial 269,640 8,341 3,140 281,121 SBA loans 137,740 6,065 1,817 145,622 Consumer 159 — — 159 $ 1,223,121 $ 20,396 $ 4,957 $ 1,248,474 (1) At December 31, 2018 , substandard loans included $1.7 million of impaired loans.
Past Due Financing Receivables	The following tables present past due and nonaccrual loans, net of discounts and excluding PCI loans, presented by loan class at June 30, 2019 and December 31, 2018 : June 30, 2019 Still Accruing 30-59 Days Past Due 60-89 Days Past Due 90 Days or more Past Due Nonaccrual (dollars in thousands) Real estate - residential $ — $ 905 $ — $ — Commercial and industrial 4 — — 238 SBA loans — — — 2,441 Total $ 4 $ 905 $ — $ 2,679 December 31, 2018 Still Accruing 30-59 Days Past Due 60-89 Days Past Due 90 Days or more Nonaccrual (dollars in thousands) Real estate - residential $ 480 $ — $ — $ — Commercial and industrial 3 1 — 89 SBA loans — — — 1,633 Total $ 483 $ 1 $ — $ 1,722
Impaired Financing Receivables	Recorded investment represents unpaid principal balance, net of charge-offs, discounts and interest applied to principal on nonaccrual loans, if any. Impaired loans, excluding PCI loans, presented by class of loans at June 30, 2019 and December 31, 2018 were as follows: June 30, 2019 Impaired Loans Unpaid Principal Balance Recorded Investment(1) Without Specific Reserve With Specific Reserve Related Allowance (dollars in thousands) Commercial and industrial $ 333 $ 238 $ 238 $ — $ — SBA loans 4,198 3,161 3,161 — — Total $ 4,531 $ 3,399 $ 3,399 $ — $ — (1) Includes TDRs on accrual of $720 thousand . December 31, 2018 Impaired Loans Unpaid Principal Balance Recorded Investment(1) Without Specific Reserve With Specific Reserve Related Allowance (dollars in thousands) Commercial and industrial $ 178 $ 89 $ 89 $ — $ — SBA loans 2,964 1,960 1,960 — — Total $ 3,142 $ 2,049 $ 2,049 $ — $ — (1) Includes TDRs on accrual of $327 thousand . The average recorded investment in impaired loans, excluding PCI loans, and related interest income recognized for the three and six months ended June 30, 2019 and 2018 was as follows: Three Months Ended June 30, 2019 2018 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (dollars in thousands) Commercial and industrial $ 88 $ — $ 110 $ — SBA loans 1,552 10 1,425 — Total $ 1,640 $ 10 $ 1,535 $ — Six Months Ended June 30, 2019 2018 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (dollars in thousands) Commercial and industrial $ 86 $ — $ 147 $ — SBA loans 1,730 17 1,285 — Total $ 1,816 $ 17 $ 1,432 $ —
Schedule of Changes in Carrying Amount and Accretable Yield of PCI Loans	The following table presents the amounts that comprise the fair value of loans acquired, excluding purchased credit impaired loans ("PCI loans"), from PCB at July 31, 2018: Loans (dollars in thousands) Contractual amounts receivable $ 507,720 Contractual cash flows not expected to be collected (8,520 ) Expected cash flows 499,200 Interest component of expected cash flows (102,431 ) Fair value of loans acquired, excluding PCI loans $ 396,769 A component of total loans acquired from PCB were PCI loans. Refer to Note 5. Loans for additional information regarding PCI loans. The following table presents the amounts that comprise the fair value of PCI loans at July 31, 2018: PCI Loans (dollars in thousands) Contractually required payments receivable (principal and interest) $ 8,580 Nonaccretable difference (contractual cash flows not expected to be collected) (3,416 ) Expected cash flows 5,164 Accretable yield (2,111 ) Fair value of PCI loans acquired $ 3,053 The following table summarizes the changes in the carrying amount and accretable yield of PCI loans for the three and six months ended June 30, 2019 (Refer to Note 2 - Business Combination for further information): Three Months Ended Six Months Ended Carrying Amount Accretable Carrying Amount Accretable (dollars in thousands) Balance, beginning of period $ 2,580 $ 1,934 $ 2,644 $ 2,073 Accretion 86 (86 ) 315 (315 ) Payments received (386 ) — (667 ) — Increase (decrease) in expected cash flows, net 1 80 (11 ) 170 Balance, end of period $ 2,281 $ 1,928 $ 2,281 $ 1,928

Transfers and Servicing of Fi_2

Transfers and Servicing of Financial Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Transfers and Servicing [Abstract]
Servicing Asset at Amortized Cost	The SBA servicing asset activity is summarized for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Balance, beginning of period $ 3,351 $ 2,508 $ 3,186 $ 2,618 Additions 337 131 713 186 Amortization (206 ) (191 ) (417 ) (356 ) Balance, end of period $ 3,482 $ 2,448 $ 3,482 $ 2,448
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets	The following table summarizes the estimated change in the value of servicing assets as of June 30, 2019 given hypothetical shifts in prepayments speeds and yield assumptions: Change in Assumption Change in Estimated Fair Value (dollars in thousands) Prepayment speeds +10% $ (184 ) Prepayment speeds +20% (350 ) Discount rate +1% (102 ) Discount rate +2% (201 )

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Supplemental Lease Information and Lease Cost	The balance sheet and supplemental information at June 30, 2019 are shown below. Balance sheet and supplemental information (dollars in thousands) Operating lease ROU assets classified as other assets $4,836 Operating lease liability classified as other liabilities $5,113 Weighted average remaining lease term, in years 3.0 Weighted average discount rate 2.73 % We elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component. Variable lease cost primarily represents variable payments such as common area maintenance and utilities. The following table represents lease costs and other lease information for the periods indicated: Three Months Ended June 30, 2019 Six Months Ended (dollars in thousands) Lease Costs Operating lease cost $ 543 $ 1,086 Variable lease cost 3 56 Short-term lease cost 3 14 Total lease costs $ 549 $ 1,156 Other Information Cash paid for amounts included in the measurement of lease liabilities $ 560 $ 1,120
Schedule of Future Minimum Payments	Maturities of lease liabilities for periods indicated: Twelve months ended June 30, (dollars in thousands) 2020 $ 2,093 2021 1,479 2022 1,272 2023 465 2024 22 Thereafter — Total future minimum lease payments 5,331 Less: Imputed interest (218 ) Present value of net future minimum lease payments $ 5,113

Commitments (Tables)

Commitments (Tables)	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Outstanding Financial Commitments	As of June 30, 2019 and December 31, 2018 , we had the following outstanding financial commitments whose contractual amounts represent credit risk: June 30, December 31, (dollars in thousands) Commitments to extend credit $ 336,658 $ 375,755 Standby letters of credit 8,320 4,019 Commitments to contribute capital to low income housing project partnerships and other CRA investments 2,236 385 Total $ 347,214 $ 380,159

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The change in outstanding balances during the three and six months ended June 30, 2018 are as follows: Three Months Ended June 30, Six Months Ended June 30, 2018 2018 (in thousands) Balance, beginning of period $ 1,755 $ 1,768 Payments (13 ) (26 ) Balance, end of period $ 1,742 $ 1,742

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following is a reconciliation of net income and shares outstanding used in the computation of basic and diluted EPS: Three Months Ended Six Months Ended June 30, June 30, March 31, June 30, 2019 2018 Numerator for basic earnings per share: (dollars in thousands, except share and per share data) Net income $ 6,811 $ 7,008 $ 3,435 $ 13,819 $ 5,814 Less: dividends and net income allocated to participating securities (76 ) (61 ) (37 ) (137 ) (68 ) Net income available to common shareholders $ 6,735 $ 6,947 $ 3,398 $ 13,682 $ 5,746 Denominator for basic earnings per share: Basic weighted average common shares outstanding during the period 11,581,889 11,654,450 7,172,020 11,616,223 7,166,509 Denominator for diluted earnings per share: Basic weighted average common shares outstanding during the period 11,581,889 11,654,450 7,172,020 11,616,223 7,166,509 Net effect of dilutive stock options 93,168 158,568 42,453 125,687 40,786 Diluted weighted average common shares 11,675,057 11,813,018 7,214,473 11,741,910 7,207,295 Net income per common share: Basic $ 0.58 $ 0.60 $ 0.47 $ 1.18 $ 0.80 Diluted $ 0.58 $ 0.59 $ 0.47 $ 1.17 $ 0.80

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangements by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding	A summary of activity in our outstanding stock options during the three and six months ended June 30, 2019 and 2018 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Three Months Ended June 30, 2019: (dollars in thousands) Outstanding, beginning of period 226,360 $ 10.11 Exercised (85,271 ) 10.00 Granted — — Forfeited — — Outstanding, end of period 141,089 $ 10.18 4.4 years $ 1,772 Options exercisable 141,089 $ 10.18 4.4 years $ 1,772 Three Months Ended June 30, 2018: Outstanding, beginning of period 65,978 $ 10.17 Exercised — — Granted — — Forfeited — — Outstanding, end of period 65,978 $ 10.17 5.0 years $ 1,345 Options exercisable 57,324 $ 10.00 4.9 years $ 1,179 Six Months Ended June 30, 2019 2018 Shares Weighted Average Exercise Price Shares Weighted Outstanding, beginning of period 383,212 $ 10.44 65,978 $ 10.17 Exercised (241,737 ) 10.58 — — Granted — — — — Forfeited (386 ) 12.94 — — Outstanding, end of period 141,089 $ 10.18 65,978 $ 10.17 Options exercisable 141,089 $ 10.18 57,324 $ 10.00
Nonvested Restricted Stock Shares Activity	A summary of activity for outstanding restricted shares for the three and six months ended June 30, 2019 and 2018 is as follows: Three Months Ended June 30, 2019 2018 Shares Weighted Average Grant-Date Fair Value Shares Weighted Average Grant-Date Fair Value Nonvested, beginning of period 119,226 $ 23.10 83,485 $ 22.41 Granted 21,413 21.50 5,501 26.94 Vested (6,274 ) 22.38 (8,224 ) 21.37 Forfeited (6,312 ) 22.21 (3,135 ) 18.51 Nonvested, end of period 128,053 $ 22.91 77,627 $ 23.03 Six Months Ended June 30, 2019 2018 Shares Weighted Average Grant-Date Fair Value Shares Weighted Average Grant-Date Fair Value Nonvested, beginning of period 84,120 $ 23.90 142,553 $ 20.28 Granted 110,233 22.19 10,940 26.21 Vested (59,475 ) 23.09 (71,013 ) 22.29 Forfeited (6,825 ) 21.88 (4,853 ) 19.24 Nonvested, end of period 128,053 $ 22.91 77,627 $ 23.03

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table provides the hierarchy and fair value for each major category of assets and liabilities measured at fair value on a recurring basis at June 30, 2019 and December 31, 2018 : Recurring Fair Value Measurements Level 1 Level 2 Level 3 Total June 30, 2019: (dollars in thousands) Securities available-for-sale: Mortgage-backed securities $ — $ 8,557 $ — $ 8,557 Collateralized mortgage obligations — 10,828 — 10,828 SBA Pools — 9,173 — 9,173 Securities available-for-sale $ — $ 28,558 $ — $ 28,558 Equity securities: Mutual fund investment $ 2,647 $ — $ — $ 2,647 December 31, 2018: Securities available-for-sale: Mortgage-backed securities $ — $ 8,844 $ — $ 8,844 Collateralized mortgage obligations — 11,461 — 11,461 SBA Pools — 9,238 — 9,238 Securities available-for-sale $ — $ 29,543 $ — $ 29,543 Equity securities: Mutual fund investment $ 2,538 $ — $ — $ 2,538
Schedule of Fair Value by Balance Sheet Grouping	The fair value hierarchy level and estimated fair value of significant financial instruments at June 30, 2019 and December 31, 2018 : June 30, 2019 December 31, 2018 Fair Value Hierarchy Carrying Amount Fair Value Carrying Amount Fair Value Financial Assets: (dollars in thousands) Cash and cash equivalents Level 1 $ 237,603 $ 237,603 $ 197,376 $ 197,376 Securities available-for-sale Level 2 28,558 28,558 29,543 29,543 Securities held-to-maturity Level 2 5,076 5,059 5,322 5,095 Equity securities Level 1 2,647 2,647 2,538 2,538 Loans held for sale Level 2 8,428 8,757 28,022 29,238 Loan held for investment, net Level 3 1,323,962 1,364,228 1,239,925 1,265,013 Restricted stock investments, at cost Level 2 12,927 12,927 12,855 12,855 Servicing asset Level 3 3,482 3,669 3,186 3,295 Accrued interest receivable Level 2 5,643 5,643 5,069 5,069 Financial Liabilities: Deposits Level 2 $ 1,255,878 $ 1,255,551 $ 1,252,339 $ 1,250,555 Borrowings Level 2 195,000 195,000 104,998 104,998 Senior secured notes Level 2 12,800 12,800 8,450 8,450 Accrued interest payable Level 2 347 347 366 366

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following is a summary of our noninterest income in-scope and not in-scope of Topic 606: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (dollars in thousands) Noninterest income, in-scope: Service charges and fees on deposit accounts $ 564 $ 208 $ 1,104 $ 423 Other income 45 9 87 18 Total noninterest income, in-scope 609 217 1,191 441 Noninterest income, not in-scope: Gain on sale of loans 1,271 448 2,199 695 Net servicing fees 287 126 521 279 Change in fair value of equity securities 39 (51 ) 74 (117 ) Other income 116 47 459 58 Total noninterest income, not in-scope 1,713 570 3,253 915 Total noninterest income $ 2,322 $ 787 $ 4,444 $ 1,356

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)segmentbranchlending_office	Jun. 30, 2018USD ($)	Jan. 01, 2019USD ($)	Jul. 31, 2018branch
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of full-service branches | branch		9
Number of operating segments | segment		1
Number of lending offices | lending_office		2
Reclassification of stock-based compensation expense		$ 969	$ 891
Operating lease right-of-use assets		4,836		$ 6,000
Operating lease liabilities		$ 5,113		$ 6,100
Restatement Adjustments
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of stock-based compensation expense	$ 96		192
Reclassification of rental income	$ 7		$ 14
Pacific Commerce Bancorp
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of full-service branches | branch					6

Business Combination (Details)

Business Combination (Details) $ / shares in Units, $ in Thousands	Jul. 31, 2018USD ($)branch$ / sharesshares	Jun. 30, 2019USD ($)branch	Dec. 31, 2018USD ($)	Feb. 26, 2018
Business Acquisition [Line Items]
Total assets		$ 1,730,433	$ 1,622,501
Gross loans of acquiree		1,347,687	1,263,891
Total deposits of acquiree		$ 1,255,878	$ 1,252,339
Number of full-service branches | branch		9
Pacific Commerce Bancorp
Business Acquisition [Line Items]
Valuation of merger	$ 133,300
Valuation of merger (in usd per share) | $ / shares	$ 13.686743
Weighted average price (in usd per share) | $ / shares	$ 28.7
Exchange ratio (in shares)	0.47689			0.46531
Common stock, shares issued (in shares) | shares	4,386,816
Rollover options issued in connection with acquisition (in shares) | shares	420,393
Fair value of rollover options	$ 7,400
Number of full-service branches | branch	6
Pacific Commerce Bancorp
Business Acquisition [Line Items]
Total assets	$ 544,700
Gross loans of acquiree	414,900
Total deposits of acquiree	$ 474,800

Business Combination - Schedule

Business Combination - Schedule of Assets and Liabilities Acquired (Details) - USD ($) $ in Thousands	Jul. 31, 2018	Jun. 30, 2019	Dec. 31, 2018
Purchase consideration:
Goodwill recognized		$ 73,425	$ 73,425
Pacific Commerce Bancorp
Assets acquired:
Cash and cash equivalents	$ 111,035
Loans held for investment, net	399,822
Investment in restricted stock, at cost	4,148
Premises and equipment	719
Servicing assets	1,054
Cash surrender value of bank-owned life insurance	4,712
Deferred taxes	4,612
Accrued interest receivable and other assets	3,487
Total assets acquired	536,497
Liabilities assumed:
Deposits	474,925
Accrued interest payable and other liabilities	1,724
Total liabilities assumed	476,649
Net assets acquired	59,848
Purchase consideration:
Fair value of shares of First Choice Bancorp issued in the merger	125,902
Fair value of equity awards exchanged	7,371
Total purchase consideration	133,273
Goodwill recognized	73,425
Core Deposit Intangibles | Pacific Commerce Bancorp
Assets acquired:
Core deposit intangible	$ 6,900

Business Combination - Fair Val

Business Combination - Fair Value of Loans Acquired (Details) - Pacific Commerce Bancorp $ in Thousands	Jul. 31, 2018USD ($)
Business Acquisition [Line Items]
Contractual amounts receivable	$ 507,720
Contractual cash flows not expected to be collected	(8,520)
Expected cash flows	499,200
Interest component of expected cash flows	(102,431)
Fair value of loans acquired, excluding PCI loans	396,769
PCI Loans
Business Acquisition [Line Items]
Contractual amounts receivable	8,580
Nonaccretable difference (contractual cash flows not expected to be collected)	(3,416)
Expected cash flows	5,164
Accretable yield	(2,111)
Fair value of loans acquired, excluding PCI loans	$ 3,053

Business Combination - Schedu_2

Business Combination - Schedule of Business Acquisition Costs (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Business Acquisition [Line Items]
Professional fees	$ 426	$ 419	$ 378	$ 845	$ 682
Pacific Commerce Bancorp
Business Acquisition [Line Items]
Professional fees	0		183	0	526
Systems integration	0		17	0	16
Other	0		156	0	188
Total	$ 0		$ 356	$ 0	$ 730

Business Combination - Total Re

Business Combination - Total Revenue and Net Income Related to Acquiree (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Business Acquisition [Line Items]
Net income	$ 6,811	$ 7,008	$ 3,435	$ 13,819	$ 5,814
Pacific Commerce Bancorp
Business Acquisition [Line Items]
Net interest income and noninterest income	5,788			12,365
Net income	$ 1,796			$ 4,031

Business Combination - Suppleme

Business Combination - Supplemental Pro Forma Information (Details) - Pacific Commerce Bancorp - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Business Acquisition [Line Items]
Net interest income and noninterest income	$ 18,961	$ 36,345
Net income	$ 5,982	$ 9,882
Net income per share:
Basic (in usd per share)	$ 0.51	$ 0.85
Diluted (in usd per share)	$ 0.51	$ 0.85

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Jul. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Goodwill recognized	$ 73,425			$ 73,425		$ 73,425
Amortization of core deposit intangible	197	$ 196	$ 0	393	$ 0
Core Deposit Intangibles
Finite-Lived Intangible Assets [Line Items]
Amortization of core deposit intangible	$ 197			$ 393
Pacific Commerce Bancorp
Finite-Lived Intangible Assets [Line Items]
Goodwill recognized							$ 73,425
Pacific Commerce Bancorp | Core Deposit Intangibles
Finite-Lived Intangible Assets [Line Items]
Core deposit intangible							$ 6,900

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Changes in CDI (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Accumulated amortization:
Amortization	$ (197)	$ (196)	$ 0	$ (393)	$ 0
Net core deposit intangible, end of period	6,183			6,183
Core Deposit Intangibles
Core deposit intangible:
Gross balance, beginning of period	6,908			6,908
Accumulated amortization:
Balance, beginning of period	(528)	(332)		(332)
Amortization	(197)			(393)
Impairment	0
Balance, end of period	(725)	$ (528)		(725)
Net core deposit intangible, end of period	$ 6,183			$ 6,183

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Estimated Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Total estimated amortization expense	$ 6,183	$ 6,576
Core Deposit Intangibles
Finite-Lived Intangible Assets [Line Items]
Remainder 2019	393
2020	771
2021	753
2022	732
2023	707
Thereafter	2,827
Total estimated amortization expense	$ 6,183

Investment Securities - Carryin

Investment Securities - Carrying Amount of Held-to-Maturity and Available-for-Sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Abstract]
AFS debt securities, amortized cost basis	$ 28,677	$ 30,536
Gross Unrealized Gains	122	2
Gross Unrealized Losses	(241)	(995)
Securities available-for-sale	28,558	29,543
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity, amortized cost basis	5,076	5,322
Gross Unrealized Gains	25	0
Gross Unrealized Losses	(42)	(227)
Securities held-to-maturity	5,059	5,095
Mortgage-backed securities
Debt Securities, Available-for-sale [Abstract]
AFS debt securities, amortized cost basis	8,676	9,177
Gross Unrealized Gains	23	0
Gross Unrealized Losses	(142)	(333)
Securities available-for-sale	8,557	8,844
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity, amortized cost basis	1,735	1,982
Gross Unrealized Gains	25	0
Gross Unrealized Losses	(26)	(105)
Securities held-to-maturity	1,734	1,877
Collateralized mortgage obligations
Debt Securities, Available-for-sale [Abstract]
AFS debt securities, amortized cost basis	10,870	11,731
Gross Unrealized Gains	23	2
Gross Unrealized Losses	(65)	(272)
Securities available-for-sale	10,828	11,461
SBA Pools
Debt Securities, Available-for-sale [Abstract]
AFS debt securities, amortized cost basis	9,131	9,628
Gross Unrealized Gains	76	0
Gross Unrealized Losses	(34)	(390)
Securities available-for-sale	9,173	9,238
U.S. Government and agency securities
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]
Held-to-maturity, amortized cost basis	3,341	3,340
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(16)	(122)
Securities held-to-maturity	$ 3,325	$ 3,218

Investment Securities - Investm

Investment Securities - Investments by Maturity Dates (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Held-to-Maturity Amortized Cost
Due in one year or less	$ 0
Due after one year through five years	3,341
Due after five years through ten years	0
Due after ten years	1,735
Held-to-maturity, amortized cost basis	5,076	$ 5,322
Held-to-Maturity Fair Value
Due in one year or less	0
Due after one year through five years	3,325
Due after five years through ten years	0
Due after ten years	1,734
Securities held-to-maturity	5,059	5,095
Available-for-Sale Amortized Cost
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	28,677
AFS debt securities, amortized cost basis	28,677	30,536
Available-for-Sale Fair Value
Due in one year or less	0
Due after one year through five years	0
Due after five years through ten years	0
Due after ten years	28,558
Securities available-for-sale	$ 28,558	$ 29,543

Investment Securities - Unreali

Investment Securities - Unrealized Loss Position of AFS and HTM Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
AFS, Debt Securities, Gross Unrealized Loss Position, Less than 12 Months	$ 0	$ (23)
AFS, Debt Securities, Less than 12 Months, Fair Value	0	3,524
AFS, Debt Securities, Gross Unrealized Loss Position, 12 Months or Longer	(241)	(972)
AFS, Debt Securities, 12 Months or Longer, Fair Value	17,505	25,427
AFS, Debt Securities, Total Gross Unrealized Loss Position	(241)	(995)
AFS, Total Fair Value	17,505	28,951
Debt Securities, Held-to-maturity, Unrealized Loss Position, Accumulated Loss [Abstract]
HTM, Gross Unrealized Loss Position, Less than 12 Months	0	0
HTM, Less than 12 Months, Fair Value	0	0
HTM, Gross Unrealized Loss Position, 12 Months or Longer	(42)	(227)
HTM, 12 Months or Longer, Fair Value	4,114	5,095
HTM, Total Gross Unrealized Losses	(42)	(227)
HTM, Total Fair Value	4,114	5,095
Mortgage-backed securities
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
AFS, Debt Securities, Gross Unrealized Loss Position, Less than 12 Months	0	(20)
AFS, Debt Securities, Less than 12 Months, Fair Value	0	2,397
AFS, Debt Securities, Gross Unrealized Loss Position, 12 Months or Longer	(142)	(313)
AFS, Debt Securities, 12 Months or Longer, Fair Value	6,766	6,447
AFS, Debt Securities, Total Gross Unrealized Loss Position	(142)	(333)
AFS, Total Fair Value	6,766	8,844
Debt Securities, Held-to-maturity, Unrealized Loss Position, Accumulated Loss [Abstract]
HTM, Gross Unrealized Loss Position, Less than 12 Months	0	0
HTM, Less than 12 Months, Fair Value	0	0
HTM, Gross Unrealized Loss Position, 12 Months or Longer	(26)	(105)
HTM, 12 Months or Longer, Fair Value	789	1,877
HTM, Total Gross Unrealized Losses	(26)	(105)
HTM, Total Fair Value	789	1,877
Collateralized mortgage obligations
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
AFS, Debt Securities, Gross Unrealized Loss Position, Less than 12 Months	0	(3)
AFS, Debt Securities, Less than 12 Months, Fair Value	0	1,127
AFS, Debt Securities, Gross Unrealized Loss Position, 12 Months or Longer	(65)	(269)
AFS, Debt Securities, 12 Months or Longer, Fair Value	7,521	9,742
AFS, Debt Securities, Total Gross Unrealized Loss Position	(65)	(272)
AFS, Total Fair Value	7,521	10,869
SBA Pools
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
AFS, Debt Securities, Gross Unrealized Loss Position, Less than 12 Months	0	0
AFS, Debt Securities, Less than 12 Months, Fair Value	0	0
AFS, Debt Securities, Gross Unrealized Loss Position, 12 Months or Longer	(34)	(390)
AFS, Debt Securities, 12 Months or Longer, Fair Value	3,218	9,238
AFS, Debt Securities, Total Gross Unrealized Loss Position	(34)	(390)
AFS, Total Fair Value	3,218	9,238
U.S. Government and agency securities
Debt Securities, Held-to-maturity, Unrealized Loss Position, Accumulated Loss [Abstract]
HTM, Gross Unrealized Loss Position, Less than 12 Months	0	0
HTM, Less than 12 Months, Fair Value	0	0
HTM, Gross Unrealized Loss Position, 12 Months or Longer	(16)	(122)
HTM, 12 Months or Longer, Fair Value	3,325	3,218
HTM, Total Gross Unrealized Losses	(16)	(122)
HTM, Total Fair Value	$ 3,325	$ 3,218

Investment Securities (Details)

Investment Securities (Details)		3 Months Ended		6 Months Ended
		Jun. 30, 2019USD ($)security	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)security	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)	Jan. 01, 2018USD ($)
Concentration Risk [Line Items]
Sale of available-for-sale investment securities			$ 0	$ 0	$ 0
Held-to-maturity securities, pledged to Federal Reserve Bank		$ 5,100,000		$ 5,100,000
Securities in unrealized loss position | security		18		18
Value of securities in unrealized loss securities		$ (283,000)		$ (283,000)
Equity securities, at fair value		2,647,000		2,647,000		$ 2,538,000
Gain (loss) recognized related to changes in fair value				74,000	(117,000)
Investment in restricted common stock, at cost		6,100,000		6,100,000		6,100,000
Federal Reserve Bank stock		6,800,000		6,800,000		6,700,000
Payments to acquire Federal Reserve Bank stock		60,000		72,000
AOCI Attributable to Parent
Concentration Risk [Line Items]
Cumulative adjustment – adoption of ASU No. 2016-01	[1]						$ 24,000
Retained Earnings
Concentration Risk [Line Items]
Cumulative adjustment – adoption of ASU No. 2016-01	[1]						(24,000)
Accounting Standards Update 2016-01 | AOCI Attributable to Parent
Concentration Risk [Line Items]
Cumulative adjustment – adoption of ASU No. 2016-01							(24,000)
Accounting Standards Update 2016-01 | Retained Earnings
Concentration Risk [Line Items]
Cumulative adjustment – adoption of ASU No. 2016-01	[1]						$ 24,000
Mutual Funds
Concentration Risk [Line Items]
Equity securities, at fair value		2,600,000		2,600,000		2,500,000
Gain (loss) recognized related to changes in fair value		39,000	(20,000)	74,000	(71,000)
Other Bank Stock
Concentration Risk [Line Items]
Gain (loss) recognized related to changes in fair value			$ (31,000)		$ (46,000)
Equity securities, restricted		$ 1,000,000		$ 1,000,000		$ 1,000,000
Minimum
Concentration Risk [Line Items]
FHLB required stock ownership percentage of membership asset value		1.00%		1.00%
FHLB required stock ownership percentage of outstanding advances		2.70%		2.70%
[1]	Impact due to adoption on January 1, 2018 of ASU 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities"

Loans (Details)

Loans (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)loan	Jun. 30, 2019USD ($)loan	Jun. 30, 2018USD ($)loan	Dec. 31, 2018USD ($)
Financing Receivable, Modifications [Line Items]
Loans pledged as collateral with the FHLB	$ 843,400		$ 843,400
Recorded investment in loans identified as troubled debt restructuring	$ 3,399		$ 3,399		$ 2,049
Loans modified as troubled debt restructuring | loan	0	0		0
Number of loans modified as troubled debt restructuring, subsequent default | loan	1	1	1	2
Loans modified as troubled debt restructuring, subsequent default	$ 95	$ 8	$ 95	$ 103
Loans held for sale, at lower of cost or fair value	8,428		8,428		28,022
Loans held for sale	8,800		8,800		29,200
Restructured Loans
Financing Receivable, Modifications [Line Items]
Recorded investment in loans identified as troubled debt restructuring	$ 895		$ 895		$ 922

Loans - Composition of Loan Por

Loans - Composition of Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	$ 1,336,052		$ 1,251,118	$ 783,911
Net deferred origination fees	(37)		(137)
Loans held for investment	1,336,015		1,250,981
Allowance for loan losses	(12,053)	$ (11,426)	(11,056)	(10,376)	$ (10,010)	$ (10,497)
Loans held for investment, net	1,323,962		1,239,925
Construction and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	196,034		184,177	133,050
Allowance for loan losses	(1,892)	(1,806)	(1,721)	(1,603)	(1,207)	(1,597)
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	332,709		281,718	191,966
Allowance for loan losses	(4,502)	(4,036)	(3,686)	(3,288)	(3,689)	(3,232)
SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	171,300		146,462	89,026
Allowance for loan losses	(1,788)	(1,812)	(1,807)	(1,709)	(1,264)	(1,494)
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	159		159	0
Allowance for loan losses	0	0	0	0	(10)	(8)
Residential | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	51,512		57,443	51,661
Allowance for loan losses	(379)	(402)	(422)	(384)	(454)	(375)
Commercial real estate - owner occupied | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	180,161		179,494	59,375
Allowance for loan losses	(905)	(862)	(734)	(637)	(637)	(655)
Commercial real estate - non-owner occupied | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	404,177		401,665	258,833
Allowance for loan losses	(2,587)	$ (2,508)	(2,686)	$ (2,755)	$ (2,749)	$ (3,136)
Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	1,333,771		1,248,474
Net deferred origination fees	(37)		(137)
Loans held for investment	1,333,734		1,248,337
Allowance for loan losses	(12,053)		(11,056)
Loans held for investment, net	1,321,681		1,237,281
Loans | Construction and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	196,034		184,177
Loans | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	332,181		281,121
Loans | SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	170,712		145,622
Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	159		159
Loans | Residential | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	51,512		57,443
Loans | Commercial real estate - owner occupied | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	180,043		179,362
Loans | Commercial real estate - non-owner occupied | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	403,130		400,590
PCI Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	2,281		2,644
Net deferred origination fees	0		0
Loans held for investment	2,281		2,644
Allowance for loan losses	0		0
Loans held for investment, net	2,281		2,644
PCI Loans | Construction and Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	0		0
PCI Loans | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	528		597
PCI Loans | SBA Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	588		840
PCI Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	0		0
PCI Loans | Residential | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	0		0
PCI Loans | Commercial real estate - owner occupied | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	118		132
PCI Loans | Commercial real estate - non-owner occupied | Real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans held for investment	$ 1,047		$ 1,075

Loans - Loans Held for Investme

Loans - Loans Held for Investment (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 1,347,687	$ 1,263,891
Unamortized net discounts	(11,635)	(12,773)
Net unamortized deferred origination fees	(37)	(137)
Loans held for investment	1,336,015	1,250,981
Pacific Commerce Bancorp
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net discount on acquired loans	$ 8,100	9,500
Net discount on acquired loans, weighted average life	5 years 4 months 6 days
PCI Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net unamortized deferred origination fees	$ 0	0
Loans held for investment	$ 2,281	$ 2,644

Loans - Allowance for Loan Loss

Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	$ 11,426	$ 11,056	$ 10,010	$ 11,056	$ 10,497
Provision for loan losses	550	350	320	900	520
Charge-offs	(122)		(21)	(124)	(775)
Recoveries	199		67	221	134
Net recoveries (charge-offs)	77		46	97	(641)
Balance, end of period	$ 12,053	$ 11,426	$ 10,376	$ 12,053	$ 10,376

Loans - Allowance for Loan Lo_2

Loans - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	$ 11,426	$ 11,056	$ 10,010	$ 11,056	$ 10,497
Provision for (reversal of) loan losses	550	350	320	900	520
Charge-offs	(122)		(21)	(124)	(775)
Recoveries	199		67	221	134
Net (charge-offs) recoveries	77		46	97	(641)
Balance, end of period	12,053	11,426	10,376	12,053	10,376
Reserves:
Specific						$ 0		$ 358
General						12,053		10,018
Total loan reserve	11,426	11,056	10,010	11,056	10,497	12,053	$ 11,056	10,376
Loans evaluated for impairment:
Individually						3,399		1,496
Collectively						1,330,372		782,415
Total loans evaluated for impairment						1,336,052	1,251,118	783,911
PCI Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period		0		0
Balance, end of period	0			0
Reserves:
Total loan reserve	0	0		0		0	0
Loans evaluated for impairment:
Total loans evaluated for impairment						2,281	2,644
Construction and Land Development
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,806	1,721	1,207	1,721	1,597
Provision for (reversal of) loan losses	86		396	171	6
Charge-offs	0		0	0	0
Recoveries	0		0	0	0
Net (charge-offs) recoveries	0		0	0	0
Balance, end of period	1,892	1,806	1,603	1,892	1,603
Reserves:
Specific						0		0
General						1,892		1,603
Total loan reserve	1,806	1,721	1,207	1,721	1,597	1,892	1,721	1,603
Loans evaluated for impairment:
Individually						0		0
Collectively						196,034		133,050
Total loans evaluated for impairment						196,034	184,177	133,050
Construction and Land Development | PCI Loans
Loans evaluated for impairment:
Total loans evaluated for impairment						0	0
Commercial and Industrial
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	4,036	3,686	3,689	3,686	3,232
Provision for (reversal of) loan losses	578		(468)	908	436
Charge-offs	(122)		0	(124)	(514)
Recoveries	10		67	32	134
Net (charge-offs) recoveries	(112)		67	(92)	(380)
Balance, end of period	4,502	4,036	3,288	4,502	3,288
Reserves:
Specific						0		8
General						4,502		3,280
Total loan reserve	4,036	3,686	3,689	3,686	3,232	4,502	3,686	3,288
Loans evaluated for impairment:
Individually						238		108
Collectively						331,943		191,858
Total loans evaluated for impairment						332,709	281,718	191,966
Commercial and Industrial | PCI Loans
Loans evaluated for impairment:
Total loans evaluated for impairment						528	597
SBA Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	1,812	1,807	1,264	1,807	1,494
Provision for (reversal of) loan losses	(213)		466	(208)	476
Charge-offs	0		(21)	0	(261)
Recoveries	189		0	189	0
Net (charge-offs) recoveries	189		(21)	189	(261)
Balance, end of period	1,788	1,812	1,709	1,788	1,709
Reserves:
Specific						0		350
General						1,788		1,359
Total loan reserve	1,812	1,807	1,264	1,807	1,494	1,788	1,807	1,709
Loans evaluated for impairment:
Individually						3,161		1,388
Collectively						167,551		87,638
Total loans evaluated for impairment						171,300	146,462	89,026
SBA Loans | PCI Loans
Loans evaluated for impairment:
Total loans evaluated for impairment						588	840
Consumer
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	0	0	10	0	8
Provision for (reversal of) loan losses	0		(10)	0	(8)
Charge-offs	0		0	0	0
Recoveries	0		0	0	0
Net (charge-offs) recoveries	0		0	0	0
Balance, end of period	0	0	0	0	0
Reserves:
Specific						0		0
General						0		0
Total loan reserve	0	0	10	0	8	0	0	0
Loans evaluated for impairment:
Individually						0		0
Collectively						159		0
Total loans evaluated for impairment						159	159	0
Consumer | PCI Loans
Loans evaluated for impairment:
Total loans evaluated for impairment						0	0
Residential | Real estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	402	422	454	422	375
Provision for (reversal of) loan losses	(23)		(70)	(43)	9
Charge-offs	0		0	0	0
Recoveries	0		0	0	0
Net (charge-offs) recoveries	0		0	0	0
Balance, end of period	379	402	384	379	384
Reserves:
Specific						0		0
General						379		384
Total loan reserve	402	422	454	422	375	379	422	384
Loans evaluated for impairment:
Individually						0		0
Collectively						51,512		51,661
Total loans evaluated for impairment						51,512	57,443	51,661
Residential | Real estate | PCI Loans
Loans evaluated for impairment:
Total loans evaluated for impairment						0	0
Commercial real estate - owner occupied | Real estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	862	734	637	734	655
Provision for (reversal of) loan losses	43		0	171	(18)
Charge-offs	0		0	0	0
Recoveries	0		0	0	0
Net (charge-offs) recoveries	0		0	0	0
Balance, end of period	905	862	637	905	637
Reserves:
Specific						0		0
General						905		637
Total loan reserve	862	734	637	734	655	905	734	637
Loans evaluated for impairment:
Individually						0		0
Collectively						180,043		59,375
Total loans evaluated for impairment						180,161	179,494	59,375
Commercial real estate - owner occupied | Real estate | PCI Loans
Loans evaluated for impairment:
Total loans evaluated for impairment						118	132
Commercial real estate - non-owner occupied | Real estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance, beginning of period	2,508	2,686	2,749	2,686	3,136
Provision for (reversal of) loan losses	79		6	(99)	(381)
Charge-offs	0		0	0	0
Recoveries	0		0	0	0
Net (charge-offs) recoveries	0		0	0	0
Balance, end of period	2,587	2,508	2,755	2,587	2,755
Reserves:
Specific						0		0
General						2,587		2,755
Total loan reserve	$ 2,508	$ 2,686	$ 2,749	$ 2,686	$ 3,136	2,587	2,686	2,755
Loans evaluated for impairment:
Individually						0		0
Collectively						403,130		258,833
Total loans evaluated for impairment						404,177	401,665	$ 258,833
Commercial real estate - non-owner occupied | Real estate | PCI Loans
Loans evaluated for impairment:
Total loans evaluated for impairment						$ 1,047	$ 1,075

Loans - Risk Category of Loans

Loans - Risk Category of Loans by Class (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	$ 1,333,771	$ 1,248,474
Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	1,311,442	1,223,121
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	6,187	20,396
Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	16,142	4,957
Impaired
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	2,700	1,700
Construction and Land Development
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	196,034	184,177
Construction and Land Development | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	196,034	184,177
Construction and Land Development | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	0
Construction and Land Development | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	0
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	332,181	281,121
Commercial and Industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	320,657	269,640
Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	5,770	8,341
Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	5,754	3,140
SBA Loans
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	170,712	145,622
SBA Loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	165,095	137,740
SBA Loans | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	417	6,065
SBA Loans | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	5,200	1,817
Consumer
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	159	159
Consumer | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	159	159
Consumer | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	0
Consumer | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	0
Residential | Real estate
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	51,512	57,443
Residential | Real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	51,512	57,443
Residential | Real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	0
Residential | Real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	0
Commercial real estate - owner occupied | Real estate
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	180,043	179,362
Commercial real estate - owner occupied | Real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	174,855	174,505
Commercial real estate - owner occupied | Real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	4,857
Commercial real estate - owner occupied | Real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	5,188	0
Commercial real estate - non-owner occupied | Real estate
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	403,130	400,590
Commercial real estate - non-owner occupied | Real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	403,130	399,457
Commercial real estate - non-owner occupied | Real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	0	1,133
Commercial real estate - non-owner occupied | Real estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans held for investment, excluding PCI loans	$ 0	$ 0

Loans - Past Due and Nonaccrual

Loans - Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	$ 2,679	$ 1,722
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	4	483
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	905	1
90 Days or more Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	238	89
Commercial and Industrial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	4	3
Commercial and Industrial | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	1
Commercial and Industrial | 90 Days or more Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
SBA Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	2,441	1,633
SBA Loans | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
SBA Loans | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
SBA Loans | 90 Days or more Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Residential | Real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	0	0
Residential | Real estate | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	480
Residential | Real estate | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	905	0
Residential | Real estate | 90 Days or more Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	$ 0	$ 0

Loans - Individually Impaired L

Loans - Individually Impaired Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	$ 4,531	$ 3,142
Recorded investment	3,399	2,049
Impaired loans, without specific reserve	3,399	2,049
Impaired loans, with specific reserve	0	0
Related allowance	0	0
Commercial and Industrial
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	333	178
Recorded investment	238	89
Impaired loans, without specific reserve	238	89
Impaired loans, with specific reserve	0	0
Related allowance	0	0
SBA Loans
Financing Receivable, Impaired [Line Items]
Unpaid principal balance	4,198	2,964
Recorded investment	3,161	1,960
Impaired loans, without specific reserve	3,161	1,960
Impaired loans, with specific reserve	0	0
Related allowance	0	0
TDRs on Accrual
Financing Receivable, Impaired [Line Items]
Recorded investment	$ 720	$ 327

Loans - Average Recorded Invest

Loans - Average Recorded Investment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	$ 1,640	$ 1,535	$ 1,816	$ 1,432
Interest Income Recognized	10	0	17	0
Commercial and Industrial
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	88	110	86	147
Interest Income Recognized	0	0	0	0
SBA Loans
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	1,552	1,425	1,730	1,285
Interest Income Recognized	$ 10	$ 0	$ 17	$ 0

Loans - Changes in Carrying Amo

Loans - Changes in Carrying Amount and Accretable Yield of PCI Loans (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Carrying Amount
Balance, beginning of period	$ 2,580	$ 2,644
Accretion	86	315
Payments received	(386)	(667)
Increase (decrease) in expected cash flows, net	1	(11)
Balance, end of period	2,281	2,281
Accretable Yield
Balance, beginning of period	1,934	2,073
Accretion	(86)	(315)
Increase (decrease) in expected cash flows, net	80	170
Balance, end of period	$ 1,928	$ 1,928

Transfers and Servicing of Fi_3

Transfers and Servicing of Financial Assets (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets [Line Items]
Loans serviced for others	$ 303,700			$ 303,700		$ 288,200
Loans serviced for others with no related servicing assets	86,900			86,900		89,800
Net servicing fees	287	$ 234	$ 126	521	$ 279
SBA Loans
Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets [Line Items]
Loans serviced for others	216,800			216,800		198,400
Servicing asset at fair value	3,700			$ 3,700		$ 3,300
Change in assumption, prepayment speed				15.90%
SBA loans sold	16,400		6,000	$ 35,000	8,800
Total gain on sale of SBA loans	1,300		448	2,200	695
Net servicing fees	287		126	521	279
Contractually specified servicing fees	$ 493		$ 317	$ 938	$ 635
Minimum
Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets [Line Items]
Servicing fees, percentage				0.25%
Change in assumption, discount rate				1.00%
Change in assumption, prepayment speed				10.00%
Minimum | SBA Loans
Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets [Line Items]
Change in assumption, discount rate				7.00%
Maximum
Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets [Line Items]
Servicing fees, percentage				1.00%
Change in assumption, discount rate				2.00%
Change in assumption, prepayment speed				20.00%
Maximum | SBA Loans
Contractually Specified Servicing Fees, Late Fees, and Ancillary Fees Earned in Exchange for Servicing Financial Assets [Line Items]
Change in assumption, discount rate				26.50%

Transfers and Servicing of Fi_4

Transfers and Servicing of Financial Assets - SBA Servicing Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance, beginning of period	$ 3,351	$ 2,508	$ 3,186	$ 2,618
Additions	337	131	713	186
Amortization	(206)	(191)	(417)	(356)
Balance, end of period	$ 3,482	$ 2,448	$ 3,482	$ 2,448

Transfers and Servicing of Fi_5

Transfers and Servicing of Financial Assets - Prepayment Speeds and Assumptions (Details) $ in Thousands	Jun. 30, 2019USD ($)
Transfers and Servicing [Abstract]
Change in estimated fair value, prepayment speeds, 10%	$ (184)
Change in estimated fair value, prepayment speeds, 20%	(350)
Change in estimated fair value, discount rate, 1%	(102)
Change in estimated fair value, discount rate, 2%	$ (201)

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jan. 01, 2019
Lessee, Lease, Description [Line Items]
Operating lease right-of-use assets	$ 4,836	$ 4,836	$ 6,000
Operating lease liabilities	5,113	5,113	$ 6,100
Impairment of right of use asset		220
Impairment of other long lived assets related to pending consolidation		180
Variable lease cost	3	14
Short-term lease cost	$ 3	$ 56
Minimum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract		3 months
Maximum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract		4 years 2 months 1 day

Leases - Supplemental Lease Inf

Leases - Supplemental Lease Information (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019
Balance sheet and supplemental information
Operating lease ROU assets classified as other assets	$ 4,836	$ 6,000
Operating lease liability classified as other liabilities	$ 5,113	$ 6,100
Weighted average remaining lease term, in years	2 years 11 months 23 days
Weighted average discount rate	2.73%

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019
Leases [Abstract]
2020	$ 2,093
2021	1,479
2022	1,272
2023	465
2024	22
Thereafter	0
Total future minimum lease payments	5,331
Less: Imputed interest	(218)
Present value of net future minimum lease payments	$ 5,113	$ 6,100

Leases - Lease Cost and Other L

Leases - Lease Cost and Other Lease Information (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Lease Costs
Operating lease cost	$ 543	$ 1,086
Variable lease cost	3	14
Short-term lease cost	3	56
Total lease costs	549	1,156
Other Information
Cash paid for amounts included in the measurement of lease liabilities	$ 560	$ 1,120

Deposits (Details)

Deposits (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Banking and Thrift [Abstract]
Depositor relationships, percentage of total deposits	17.00%	25.00%
Time deposits, equaling or exceeding FDIC insurance limit	$ 87.1	$ 109.4
Time deposits collateralized by the State of California	25	$ 35
State public deposits	$ 58

Borrowing Arrangements (Details

Borrowing Arrangements (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)bank	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Loans pledged as collateral with the FHLB	$ 843,400,000		$ 843,400,000
Average balance of FHLB borrowings	$ 75,900,000	$ 35,400,000	$ 55,600,000	$ 41,400,000
Average balance of FHLB borrowings, interest rate	2.50%	1.87%	2.53%	1.71%
Primary correspondent bank | bank			5
Senior secured notes	$ 12,800,000		$ 12,800,000		$ 8,450,000
Federal Reserve Bank
Debt Instrument [Line Items]
Maximum borrowing capacity	4,940,000		4,940,000
Collateral amount	$ 5,100,000		$ 5,100,000
Secured Debt
Debt Instrument [Line Items]
Weighted average interest rate	5.89%	5.11%	5.89%	5.00%
Average outstanding borrowings	$ 12,400,000	$ 3,200,000	$ 12,200,000	$ 2,200,000
Senior secured notes	$ 12,800,000		$ 12,800,000		$ 8,500,000
Effective percentage	5.75%		5.75%		5.75%
Unsecured Debt
Debt Instrument [Line Items]
Total borrowing capacity, Federal Home Loan Bank borrowing	$ 77,000,000		$ 77,000,000
Overnight borrowings	30,000,000		30,000,000		$ 15,000,000
Average borrowings, Federal Funds purchased	$ 1,500,000	$ 264,000	$ 1,300,000	$ 331,000
Weighted average interest rate	2.70%	3.04%	2.70%	2.44%
Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Total borrowing capacity, Federal Home Loan Bank borrowing	$ 412,900,000		$ 412,900,000
Federal Home Loan Bank borrowings	$ 135,000,000		$ 135,000,000		$ 90,000,000
Interest rate, Federal Home Loan Bank borrowings	2.52%		2.52%		2.56%
FHLB secured borrowing capacity, additional amount used	$ 62,500,000		$ 62,500,000
Line of credit facility, remaining borrowing capacity	185,400,000		185,400,000
Affiliated Entity | Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity	12,200,000		12,200,000
Long Term, Fixed-Rate Advance, Maturing June 2021 | Federal Home Loan Bank Advances
Debt Instrument [Line Items]
Federal Home Loan Bank borrowings	$ 30,000,000		$ 30,000,000		$ 0
Interest rate, Federal Home Loan Bank borrowings	1.93%		1.93%

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Decrease in deferred tax asset				$ 2,000,000
Income taxes	$ 3,192,000	$ 3,256,000	$ 1,526,000	$ 6,448,000	$ 2,385,000
Effective income tax rate	31.90%		30.80%	31.80%	29.10%
Statutory tax rate	29.60%			29.60%
Unrecognized tax benefits	$ 480,000			$ 480,000		$ 480,000
Tax benefits that would favorably impact effective tax rate	0			0		0
Decrease in unrecognized tax benefits				367,000
Unrecognized tax benefits, interest accrued	$ 74,000			$ 74,000		$ 59,000

Commitments - Financial Commitm

Commitments - Financial Commitments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial commitments	$ 347,214	$ 380,159
Commitments to extend credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial commitments	336,658	375,755
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial commitments	8,320	4,019
Commitments to contribute capital to low income housing project partnerships and other CRA investments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial commitments	$ 2,236	$ 385

Commitments (Details)

Commitments (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Allowance for unfunded commitments	$ 1.4	$ 1.4
Unfunded commitments to contribute capital	$ 2.2

Related Party Transactions - Sc

Related Party Transactions - Schedule of Outstanding Loan Balances (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of period	$ 1,755	$ 1,768
Payments	(13)	(26)
Balance, end of period	$ 1,742	$ 1,742

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Deposits from related party, held by the Company	$ 34,600,000	$ 33,200,000
Senior secured notes	12,800,000	8,450,000
Secured Debt
Related Party Transaction [Line Items]
Senior secured notes	12,800,000	$ 8,500,000
Secured Debt | Management
Related Party Transaction [Line Items]
Senior secured facility	$ 25,000,000

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Numerator for basic earnings per share:
Net income	$ 6,811	$ 7,008	$ 3,435	$ 13,819	$ 5,814
Less: dividends and net income allocated to participating securities	(76)	(61)	(37)	(137)	(68)
Net income available to common shareholders	$ 6,735	$ 6,947	$ 3,398	$ 13,682	$ 5,746
Denominator for basic earnings per share:
Basic weighted average common shares outstanding during the period (in shares)	11,581,889	11,654,450	7,172,020	11,616,223	7,166,509
Denominator for diluted earnings per share:
Basic weighted average common shares outstanding during the period (in shares)	11,581,889	11,654,450	7,172,020	11,616,223	7,166,509
Net effect of dilutive stock options and restricted stock (in shares)	93,168	158,568	42,453	125,687	40,786
Diluted weighted average common shares (in shares)	11,675,057	11,813,018	7,214,473	11,741,910	7,207,295
Net income per common share:
Basic (in usd per share)	$ 0.58	$ 0.60	$ 0.47	$ 1.18	$ 0.80
Diluted (in usd per share)	$ 0.58	$ 0.59	$ 0.47	$ 1.17	$ 0.80

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans (Details) - USD ($)	Jul. 31, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense		$ 567,000	$ 433,000	$ 969,000	$ 891,000
Options, exercises in period, intrinsic value		1,000,000	0	$ 2,700,000	0
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period				10 years
Stock options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				3 years
Stock options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				5 years
Restricted stocks
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost		2,000,000		$ 2,000,000
Compensation cost not yet recognized, period for recognition				2 years 2 months 12 days
Options, vested in period, intrinsic value		$ 200,000	$ 200,000	$ 1,400,000	$ 1,800,000
2013 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)		1,390,620		1,390,620
2013 Plan | Incentive Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)		300,000		300,000
Pacific Commerce Bancorp
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Rollover options issued in connection with acquisition (in shares)	420,393
Fair value of rollover options	$ 7,400,000
Pacific Commerce Bancorp | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining term of rollover options	1 month
Pacific Commerce Bancorp | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining term of rollover options	9 years

Stock-Based Compensation Plan_3

Stock-Based Compensation Plans - Summary of Outstanding Stock Options (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning of period (in shares)	226,360	65,978	383,212	65,978
Exercised (in shares)	(85,271)	0	(241,737)	0
Granted (in shares)	0	0	0	0
Forfeited (in shares)	0	0	(386)
Outstanding, end of period (in shares)	141,089	65,978	141,089	65,978
Option exercisable (in shares)	141,089	57,324	141,089	57,324
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding, beginning of period (in dollars per share)	$ 10.11	$ 10.17	$ 10.44	$ 10.17
Exercised (in dollars per share)	10	0	10.58	0
Granted (in dollars per share)	0	0	0	0
Forfeited (in dollars per share)	0	0	12.94
Outstanding, end of period (in dollars per share)	10.18	10.17	10.18	10.17
Option exercisable (in dollars per share)	$ 10.18	$ 10	$ 10.18	$ 10
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Outstanding, weighted average remaining contractual term	4 years 5 months 6 days	5 years
Exercisable, weighted average remaining contractual term	4 years 5 months 6 days	4 years 10 months 24 days
Outstanding, aggregate intrinsic value	$ 1,772	$ 1,345	$ 1,772	$ 1,345
Exercisable, aggregate intrinsic value	$ 1,772	$ 1,179	$ 1,772	$ 1,179

Stock-Based Compensation Plan_4

Stock-Based Compensation Plans - Summary of Outstanding Restricted Shares (Details) - Restricted stocks - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning of period (in shares)	119,226	83,485	84,120	142,553
Granted (in shares)	21,413	5,501	110,233	10,940
Shares vested (in shares)	(6,274)	(8,224)	(59,475)	(71,013)
Shares forfeited (in shares)	(6,312)	(3,135)	(6,825)	(4,853)
Nonvested, end of period (in shares)	128,053	77,627	128,053	77,627
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested, beginning of period (in dollars per share)	$ 23.10	$ 22.41	$ 23.90	$ 20.28
Granted (in dollars per share)	21.50	26.94	22.19	26.21
Shares vested (in dollars per share)	22.38	21.37	23.09	22.29
Shares forfeited (in dollars per share)	22.21	18.51	21.88	19.24
Nonvested, end of period (in dollars per share)	$ 22.91	$ 23.03	$ 22.91	$ 23.03

Fair Value Measurements - Recur

Fair Value Measurements - Recurring and Nonrecurring Fair Value Measurements (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	$ 28,558,000		$ 28,558,000		$ 29,543,000
Equity securities	2,647,000		2,647,000		2,538,000
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	8,557,000		8,557,000		8,844,000
Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	10,828,000		10,828,000		11,461,000
SBA Pools
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,173,000		9,173,000		9,238,000
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	28,558,000		28,558,000		29,543,000
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	28,558,000		28,558,000		29,543,000
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	8,557,000		8,557,000		8,844,000
Fair Value, Measurements, Recurring | Mortgage-backed securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | Mortgage-backed securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	8,557,000		8,557,000		8,844,000
Fair Value, Measurements, Recurring | Mortgage-backed securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | Collateralized mortgage obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	10,828,000		10,828,000		11,461,000
Fair Value, Measurements, Recurring | Collateralized mortgage obligations | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | Collateralized mortgage obligations | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	10,828,000		10,828,000		11,461,000
Fair Value, Measurements, Recurring | Collateralized mortgage obligations | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | SBA Pools
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,173,000		9,173,000		9,238,000
Fair Value, Measurements, Recurring | SBA Pools | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | SBA Pools | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	9,173,000		9,173,000		9,238,000
Fair Value, Measurements, Recurring | SBA Pools | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities available-for-sale	0		0		0
Fair Value, Measurements, Recurring | Mutual fund investment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities	2,647,000		2,647,000		2,538,000
Fair Value, Measurements, Recurring | Mutual fund investment | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities	2,647,000		2,647,000		2,538,000
Fair Value, Measurements, Recurring | Mutual fund investment | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities	0		0		0
Fair Value, Measurements, Recurring | Mutual fund investment | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities	0		0		$ 0
Impaired Loans | Fair Value, Measurements, Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans subject to nonrecurring fair value measurement	0	$ 1,100,000	0	$ 1,100,000
Total nonrecurring losses recognized for impaired loans	$ 0	$ 379,000	$ 0	$ 613,000
Measurement Input, Discount Rate | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rates used in nonrecurring fair value measurements	0.08	0.08	0.08	0.08
Measurement Input, Discount Rate | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rates used in nonrecurring fair value measurements	0.10	0.10	0.10	0.10

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financial Assets:
Securities available-for-sale	$ 28,558	$ 29,543
Securities held-to-maturity	5,059	5,095
Equity securities	2,647	2,538
Loans held for sale	8,800	29,200
Restricted stock investments, at cost	6,100	6,100
Level 1 | Carrying Amount
Financial Assets:
Cash and cash equivalents	237,603	197,376
Equity securities	2,647	2,538
Level 1 | Fair Value
Financial Assets:
Cash and cash equivalents	237,603	197,376
Equity securities	2,647	2,538
Level 2 | Carrying Amount
Financial Assets:
Securities available-for-sale	28,558	29,543
Securities held-to-maturity	5,076	5,322
Loans held for sale	8,428	28,022
Restricted stock investments, at cost	12,927	12,855
Accrued interest receivable	5,643	5,069
Financial Liabilities:
Deposits	1,255,878	1,252,339
Borrowings	195,000	104,998
Senior secured notes	12,800	8,450
Accrued interest payable	347	366
Level 2 | Fair Value
Financial Assets:
Securities available-for-sale	28,558	29,543
Securities held-to-maturity	5,059	5,095
Loans held for sale	8,757	29,238
Restricted stock investments, at cost	12,927	12,855
Accrued interest receivable	5,643	5,069
Financial Liabilities:
Deposits	1,255,551	1,250,555
Borrowings	195,000	104,998
Senior secured notes	12,800	8,450
Accrued interest payable	347	366
Level 3 | Carrying Amount
Financial Assets:
Loan held for investment, net	1,323,962	1,239,925
Servicing asset	3,482	3,186
Level 3 | Fair Value
Financial Assets:
Loan held for investment, net	1,364,228	1,265,013
Servicing asset	$ 3,669	$ 3,295

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Noninterest income, in-scope:	$ 609		$ 217	$ 1,191	$ 441
Noninterest income, not in-scope:	1,713		570	3,253	915
Total noninterest income	2,322	$ 2,122	787	4,444	1,356
Service charges and fees on deposit accounts
Disaggregation of Revenue [Line Items]
Noninterest income, in-scope:	564	$ 540	208	1,104	423
Other income
Disaggregation of Revenue [Line Items]
Noninterest income, in-scope:	45		9	87	18
Noninterest income, not in-scope:	116		47	459	58
Gain on sale of loans
Disaggregation of Revenue [Line Items]
Noninterest income, not in-scope:	1,271		448	2,199	695
Net servicing fees
Disaggregation of Revenue [Line Items]
Noninterest income, not in-scope:	287		126	521	279
Change in fair value of equity securities
Disaggregation of Revenue [Line Items]
Noninterest income, not in-scope:	$ 39		$ (51)	$ 74	$ (117)

Equity (Details)

Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	Aug. 01, 2019	Dec. 03, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Aug. 08, 2019
Class of Stock [Line Items]
Dividends declared (in usd per share)			$ 0.2	$ 0.2	$ 0.4	$ 0.40
Cash dividends declared			$ 2,400	$ 1,500	$ 4,700	$ 2,900
Repurchase of shares (in shares)		1,200,000	12,824		328,770
Repurchase of shares, average price per share (in usd per share)			$ 21.30		$ 21.54
Cost to repurchase stock			$ 272		$ 7,080
Remaining number of shares authorized for repurchase (in shares)			834,947		834,947
Subsequent Event
Class of Stock [Line Items]
Dividends declared (in usd per share)	$ 0.20
Repurchase of shares (in shares)							365,053
Repurchase of shares, average price per share (in usd per share)							$ 21.56

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares	Aug. 01, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Aug. 29, 2019
Subsequent Event [Line Items]
Dividends declared (in usd per share)		$ 0.2	$ 0.2	$ 0.4	$ 0.40
Subsequent Event
Subsequent Event [Line Items]
Dividends declared (in usd per share)	$ 0.20
Scenario, Forecast | Subsequent Event
Subsequent Event [Line Items]
Dividends payable (in usd per share)						$ 0.2