OP Bancorp (OPBK) 10-K 29 Mar 24 2023 FY Annual report Financial data

Cover

Cover - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Mar. 22, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-38437
Entity Registrant Name	OP BANCORP
Entity Incorporation, State or Country Code	CA
Entity Tax Identification Number	81-3114676
Entity Address, Address Line One	1000 Wilshire Blvd
Entity Address, Address Line Two	Suite 500
Entity Address, City or Town	Los Angeles
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90017
City Area Code	213
Local Phone Number	892-9999
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	OPBK
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 101,500
Entity Common Stock, Shares Outstanding		14,956,399
Entity Central Index Key	0001722010
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Auditor Information [Abstract]
Auditor Firm ID	173
Auditor Name	Crowe LLP
Auditor Location	Costa Mesa, California

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 91,216	$ 82,972
Available-for-sale debt securities, at fair value	194,250	209,809
Other investments	16,276	12,098
Loans held for sale	1,795	44,335
Loans receivable, net of allowance for credit losses of $21,993 and $19,241 as of December 31, 2023 and 2022, respectively	1,743,852	1,659,051
Premises and equipment, net	5,248	4,400
Accrued interest receivable	8,259	7,180
Servicing assets	11,741	12,759
Company owned life insurance	22,233	21,613
Deferred tax assets, net	13,309	14,316
Operating right-of-use assets	8,497	9,097
Other assets	31,054	16,867
Total assets	2,147,730	2,094,497
Deposits [Abstract]
Noninterest-bearing	522,751	701,584
Interest-bearing:
Money market and others	399,018	526,321
Time deposits greater than $250	433,892	356,197
Other time deposits	451,897	301,669
Total deposits	1,807,558	1,885,771
Federal Home Loan Bank advances	105,000	0
Accrued interest payable	12,628	2,771
Operating lease liabilities	9,341	10,213
Other liabilities	20,577	18,826
Total liabilities	1,955,104	1,917,581
Shareholders’ equity
Preferred stock no par value; 10,000,000 shares authorized; no shares issued or outstanding as of December 31 2023 and 2022	0	0
Common stock – no par value; 50,000,000 shares authorized as of December 31, 2023 and 2022; 15,000,436 and 15,270,344 shares issued and outstanding as of December 31, 2023 and 2022, respectively	76,280	79,326
Additional paid-in capital	10,942	9,743
Retained earnings	120,855	105,690
Accumulated other comprehensive loss	(15,451)	(17,843)
Total shareholders’ equity	192,626	176,916
Total liabilities and shareholders' equity	$ 2,147,730	$ 2,094,497

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Loans receivable, net of allowance	$ 21,993	$ 19,241
Preferred stock, par value (USD per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (USD per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares, issued (in shares)	15,270,344	15,000,436
Common stock, shares, outstanding (in shares)	15,270,344	15,000,436

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST INCOME
Interest and fees on loans	$ 110,463	$ 82,864	$ 62,448
Interest on available-for-sale debt securities	6,131	3,351	1,085
Other interest income	5,071	1,997	625
Total interest income	121,665	88,212	64,158
Interest expense
Interest on deposits	49,435	11,210	3,132
Interest on borrowings	3,543	91	0
Total interest expense	52,978	11,301	3,132
Net interest income	68,687	76,911	61,026
Provision for credit losses	1,651	2,976	522
Net interest income after provision for credit losses	67,036	73,935	60,504
NONINTEREST INCOME
Service charges on deposits	2,123	1,675	1,562
Loan servicing fees, net of amortization	2,449	2,416	1,953
Gain on sale of loans	7,843	12,285	11,313
Other income	1,766	1,243	1,189
Total noninterest income	14,181	17,619	16,017
NONINTEREST EXPENSE
Salaries and employee benefits	29,593	27,189	21,253
Occupancy and equipment	6,490	5,964	5,213
Data processing and communication	2,109	2,085	2,000
Professional fees	1,571	1,620	1,192
FDIC insurance and regulatory assessments	1,457	813	583
Promotion and advertising	614	543	684
Directors’ fees	680	682	593
Foundation donation and other contributions	2,400	3,393	2,890
Other expenses	2,812	2,541	1,457
Total noninterest expense	47,726	44,830	35,865
INCOME BEFORE INCOME TAX EXPENSE	33,491	46,724	40,656
Income tax expense	9,573	13,414	11,816
Net income	$ 23,918	$ 33,310	$ 28,840
EARNINGS PER SHARE - BASIC (USD per share)	$ 1.55	$ 2.15	$ 1.89
EARNINGS PER SHARE - DILUTED (USD per share)	$ 1.55	$ 2.14	$ 1.88

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 23,918	$ 33,310	$ 28,840
Other comprehensive income (loss)
Change in unrealized gain (loss) on available-for-sale debt securities	3,397	(23,634)	(2,891)
Tax effect	(1,005)	6,988	854
Total other comprehensive income (loss)	2,392	(16,646)	(2,037)
Comprehensive income	$ 26,310	$ 16,664	$ 26,803

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Cumulative effect related to adoption of ASC 326, net of tax	Pre-ASU 2016-13	Common Stock	Common Stock Pre-ASU 2016-13	Additional Paid-in Capital	Additional Paid-in Capital Pre-ASU 2016-13	Retained Earnings	Retained Earnings Cumulative effect related to adoption of ASC 326, net of tax	Retained Earnings Pre-ASU 2016-13	Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Pre-ASU 2016-13
Beginning balance (shares) at Dec. 31, 2020				15,016,700
Beginning balance at Dec. 31, 2020	$ 143,366			$ 78,657		$ 8,521		$ 55,348			$ 840
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	28,840							28,840
Other comprehensive (loss) income	(2,037)										(2,037)
Stock issued under stock-based compensation plans, net of forfeitures (in shares)				124,938
Stock issued under stock-based compensation plans, net of forfeitures	89			$ 89
Stock-based compensation, net	$ 124					124
Repurchase of common stock (shares)	(3,830)
Repurchase of common stock	$ (28)
Cash dividends declared	(5,132)							(5,132)
Ending balance (shares) at Dec. 31, 2021				15,137,808
Ending balance at Dec. 31, 2021	165,222			$ 78,718		8,645		79,056			(1,197)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	33,310							33,310
Other comprehensive (loss) income	(16,646)										(16,646)
Stock issued under stock-based compensation plans, net of forfeitures (in shares)				132,536
Stock issued under stock-based compensation plans, net of forfeitures	527			$ 608		(81)
Stock-based compensation, net	1,179					1,179
Cash dividends declared	(6,676)							(6,676)
Ending balance (shares) at Dec. 31, 2022				15,270,344	15,270,344
Ending balance at Dec. 31, 2022	176,916		$ 175,432	$ 79,326	$ 79,326	9,743	$ 9,743	105,690	$ (1,484)	$ 104,206	(17,843)	$ (17,843)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	23,918							23,918
Other comprehensive (loss) income	2,392										2,392
Stock issued under stock-based compensation plans, net of forfeitures (in shares)				178,576
Stock issued under stock-based compensation plans, net of forfeitures	790			$ 888		(98)
Stock-based compensation, net	$ 1,297					1,297
Repurchase of common stock (shares)	(448,484)
Repurchase of common stock	$ (3,934)
Cash dividends declared	(7,269)							(7,269)
Ending balance (shares) at Dec. 31, 2023				15,000,436
Ending balance at Dec. 31, 2023	$ 192,626			$ 76,280		$ 10,942		$ 120,855			$ (15,451)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (USD per share)	$ 0.48	$ 0.44	$ 0.34

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities
Net income	$ 23,918	$ 33,310	$ 28,840
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Provision for credit losses	1,651	2,976	522
Depreciation and amortization of premises and equipment	1,336	1,367	1,314
Amortization of net premiums on securities	235	629	882
Amortization of servicing assets	4,418	4,385	3,536
Accretion of net discounts on loans	(2,840)	(4,868)	(4,847)
Amortization of low income housing partnerships	1,325	697	522
Stock-based compensation	1,297	1,179	558
Deferred income taxes	626	1,081	(2,312)
Gain on sale of loans	(7,843)	(12,285)	(11,313)
Earnings on company owned life insurance	(620)	(479)	(255)
Net change in fair value of equity investment with readily determinable fair value	(48)	431	108
Origination of loans held for sale	(107,610)	(137,642)	(177,042)
Proceeds from sales of loans held for sale	154,593	196,531	122,520
Net change in:
Accrued interest receivable	(1,079)	(2,396)	242
Other assets	(7,543)	269	5,793
Accrued interest payable	9,857	2,213	(463)
Other liabilities	(3,831)	(3,664)	3,117
Net cash provided by operating activities	67,842	83,734	(28,278)
Cash flows from investing activities
Net change in loans receivable	(57,932)	(138,998)	(123,069)
Proceeds from matured, called, or paid-down securities available for sale	24,368	32,191	35,941
Purchase of company owned life insurance	0	(10,000)	0
Purchase of loans	(27,604)	(225,133)	(97,631)
Purchase of available-for-sale debt securities	(5,647)	(115,819)	(98,368)
Purchase of equity investments	(85)	(53)	0
Purchase of Federal Home Loan Bank stock	(4,045)	(1,477)	(963)
Purchase of premises and equipment, net	(2,184)	(1,412)	(1,125)
Investment in low income housing partnerships	(2,843)	(1,076)	(829)
Net cash used in investing activities	(75,972)	(461,777)	(286,044)
Cash flows from financing activities
Net change in deposits	(78,213)	351,705	333,976
Cash received from stock option exercises	888	608	89
Proceeds from Federal Home Loan Bank advances	105,000	0	0
Repayment of Federal Home Loan Bank advances	0	0	(5,000)
Repurchase of common stock	(3,934)	0	(28)
Cash dividend paid on common stock	(7,269)	(6,676)	(5,132)
Payments related to tax-withholding for vested restricted stock awards	(98)	(81)	(434)
Net cash provided by financing activities	16,374	345,556	323,471
Net change in cash and cash equivalents	8,244	(32,487)	9,149
Cash and cash equivalents at beginning of period	82,972	115,459	106,310
Cash and cash equivalents at end of period	91,216	82,972	115,459
Supplemental cash flow information:
Income taxes	8,393	14,493	10,778
Interest	43,121	9,088	3,595
Supplemental non-cash disclosure:
Initial recognition of right-of-use assets	1,369	1,961	3,708
New commitments to low income housing partnership investments	$ 6,000	$ 5,000	$ 3,500

Business and Basis of Presentat

Business and Basis of Presentation	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation Business Description: OP Bancorp is a California corporation that was formed to acquire 100.00% of the voting equity of Open Bank (the “Bank”) and commenced operation as a bank holding company on June 1, 2016. This transaction was treated as an internal reorganization as all shareholders of the Bank became shareholders of OP Bancorp. OP Bancorp has no operations other than ownership of the Bank. The Bank is a California state-chartered and FDIC-insured financial institution, which began its operations on June 10, 2005. Headquartered in downtown Los Angeles, California, OP Bancorp operates primarily in the traditional banking business arena that includes accepting deposits and making loans and investments. OP Bancorp’s primary deposit products are demand and time deposits, and the primary lending products are commercial business loans to small to medium sized businesses. OP Bancorp is operating with 11 full-service branches. Basis of Presentation: The consolidated financial statements of the Company have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Use of Estimates: To prepare financial statements in conformity with GAAP, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ. Concentration of Risk: Most of the Company’s customers are located within Los Angeles County and the surrounding area. The concentration of loans originated in this area may subject the Company to the risk of adverse impacts of economic, regulatory or other developments that could occur in Southern California. The Company has significant concentration in commercial real estate loans. The Company obtains what it believes to be sufficient collateral to secure potential losses. The extent and value of the collateral obtained varies based upon the details underlying each loan agreement. Cash Flows: Cash and cash equivalents include cash, deposits with other financial institutions with original maturities less than 90 days, and federal funds sold. Net cash flows are reported for customer loan and deposit transactions. Securities: Securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Securities are classified as available-for-sale when they might be sold before maturity. Securities available for sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax. Interest income includes amortization of purchase premium or discount. Premiums and discounts on securities are amortized on the level-yield method without anticipating prepayments. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Securities available for sale are measured at fair value and are subject to impairment testing. For securities available for sale in an unrealized loss position, management evaluates whether the decline in fair value has resulted in from a credit-related loss or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. Management (1) recognizes an allowance for credit losses by a charge to earnings for the credit-related component of the decline in fair value, and (2) recognize in other comprehensive income (loss) any non-credit related components of the fair value decline. If the amount of the amortized cost basis expected to be recovered increases in a future period, the valuation reserve would be reduced, but not more than the amount of the current existing reserve for that security. Other investments: Other investments includes the followings : (i) Federal Home Loan Bank (“FHLB”) Stock - the Bank is a member of the FHLB system. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income; (ii) Pacific Coast Bankers Bank (“PCBB”) Stock - the Bank is a member of PCBB. PCBB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income; and (iii) the Company’s investment in a mutual fund to satisfy the Company’s requirements under the Community Reinvestment Act (“CRA”). CRA mutual fund is reported at fair value. Unrealized gains and losses on a CRA fund are recognized in other income in the Consolidated Statements of Income. Loans Held for Sale: Certain Small Business Administration (“SBA”) loans that may be sold prior to maturity are designated as held for sale at origination and are recorded at the lower of their cost or fair value less costs to sell, determined on an aggregate basis. A valuation allowance is established if the market value of such loans is lower than their cost, and operations are charged or credited for valuation adjustments. Origination fees on loans held for sale, net of certain costs of processing and closing the loans, are deferred until the time of sale and are included in the computation of the gain or loss from the sales of the related loans. A portion of the premium on sale of SBA loans is recognized as gains on sales of loans at the time of the sale. These loans are generally sold with servicing retained. Loans Receivable: Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of deferred loan fees and costs and an allowance for credit losses. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The recorded investment in loans includes accrued interest receivable, deferred loan fees and costs, and unearned income. The accrual of interest income on commercial real estate and other commercial and industrial loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Consumer loans are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. All interest accrued but not received for loans placed on nonaccrual status is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Credit Losses: The Company employs a modeled approach that takes into account current and future economic conditions to estimate lifetime expected losses on a collective basis. With the adoption of Current Expected Credit Losses, the Company elected not to consider accrued interest receivable in its estimated credit losses because the Company writes off uncollectible accrued interest receivable in a timely manner. The Company considers writing off accrued interest amounts once the amounts become 90 days past due to be considered within a timely manner. The Company has elected to write off accrued interest receivable by reversing interest income. The Company uses transition matrices to develop the Probability of Default ("PD") and Loss Given Default ("LGD") approach, incorporating quantitative factors and qualitative considerations in the calculation of the allowance for credit losses for collectively assessed loans. The model provides forecasts of PD and LGD based on national unemployment rates using regression analysis. The Company incorporates future economic conditions using a weighted multiple scenario approach: baseline and adverse. The Company applies a reasonable and supportable period of one year for the baseline scenario and two years for the adverse scenario, after which loss assumptions revert to historical loss information through a one-year reversion period for the baseline scenario and a two-year reversion period for the adverse scenario. Additionally, the Company aggregated loan portfolio based on similar risk characteristic. The Company elected to use the Call Report codes and loan risk ratings for loan segmentation in allowance for credit losses. The Company used the following assumptions in a sensitivity analysis of our allowance for credit losses: unemployment rate forecast based on supervisory severely adverse scenario, 0% prepayment rates, loan risk grade changes of commercial real estate and commercial and industrial loan portfolio in worst case scenario based on the Company history, and applying a 100% weighting to severely adverse scenario. The analysis demonstrates the sensitivity to the allowance for credit losses to key quantitative assumptions and it is not intended to estimate changes in the overall allowance for credit losses and it does not capture all the potential unknown variables that could arise in the forecast period, but it provides an approximation of a possible outcome under hypothetical severe conditions. In order to quantify the credit risk impact of other trends and changes within the loan portfolio, the Company utilizes qualitative adjustments to the modeled estimated loss approaches. Included in the qualitative portion of our analysis of the allowance for credit losses are key inputs including GDP, unemployment rates, interest rates, asset quality ratios, loan portfolio concentration, California house price index and commercial real estate price index. The parameters for making adjustments are established under a Credit Risk Matrix that provides different possible scenarios for each of the factors listed below. The Credit Risk Matrix and the possible scenarios enable the Bank to qualitatively adjust the loss rates. This matrix considers the following nine factors, which are patterned after the guidelines provided under the Federal Financial Institutions Examination Council Interagency Policy Statement on the Allowance for Credit Losses, updated to reflect the adoption of Current Expected Credit Losses: • Changes in lending policies and procedures, including changes in underwriting standards and practices for collection, charge-offs, and recoveries; • Actual and expected changes in national and local economic and business conditions and developments in which the institution operates that affect the collectivity of loans; • Changes in the nature and volume of the loan portfolio; • Changes in the experience, ability, and depth of lending management and staff; • Changes in the volume and severity of past due loans, the volume of nonaccrual loans, and the volume and severity of adversely classified loans; • Changes in the quality of the credit review function; • Changes in the value of the underlying collateral for loans that are not collateral-dependent; • The existence, growth, and effect of any concentrations of credit, and • The effect of other external factors, such as the regulatory, legal and technological environments; competition; and events such as natural disasters. The Company segments loans primarily by Call Report codes (collateral type) and loan risk ratings, considering that the same type of loans share considerable similar risk characteristics. For loans that do not share similar risk characteristics such as nonaccrual loans above $500 thousand, the Company evaluates these loans on an individual basis in accordance with ASC 326. Such nonaccrual loans are considered to have different risk profiles than performing loans and are therefore evaluated individually. The Company elected to collectively assess nonaccrual loans with balances below $500 thousand along with the performing and accrual loans, in order to reduce the operational burden of individually assessing small nonaccrual loans with immaterial balances. For individually assessed loans, the allowance for credit losses is measured using either 1) the present value of future cash flows discounted at the loan’s effective interest rate; or 2) the fair value of the collateral, if the loan is collateral-dependent. For the collateral-dependent loans, the Company obtains a new appraisal to determine the fair value of collateral. The appraisals are based on an “as-is” valuation. To ensure that appraised values remain current, the Company obtains updated appraisals every twelve months from a qualified independent appraiser. If the fair value of the collateral is less than the amortized balance of the loan, the Company recognizes an allowance for credit losses with a corresponding charge to the provision for credit losses. The Company maintains a separate allowance for credit losses for its off-balance sheet commitments. The Company uses an estimated funding rate to allocate an allowance to undrawn exposures. This funding rate is used as a credit conversion factor to capture how much undrawn lines of credit can potentially become drawn at any point. The funding rate is determined based on a look-back period of 8 quarters. Credit loss is not estimated for off-balance sheet commitments that are unconditionally cancellable by the Company. Servicing Assets: When SBA loans are sold with servicing retained, servicing assets are initially recorded at fair value with the income statement effect recorded in gains on sales of loans. Fair value is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, prepayment speeds, and default rates and losses. The Company compares the valuation model inputs and results to published industry data in order to validate the model results and assumptions. Servicing assets are subsequently measured using the amortization method which requires servicing assets to be amortized into noninterest income in proportion to, and over the period of, the estimated future net servicing income of the underlying loans. Servicing assets are evaluated for impairment based upon the fair value of the assets as compared to their carrying amount. Impairment is recognized through a valuation allowance to the extent that fair value is less than the carrying amount. If the Company later determines that all or a portion of the impairment no longer exists, a reduction of the valuation allowance may be recorded as an increase to income. Changes in the valuation allowances are reported with other income on the income statement. The fair values of servicing rights are subject to fluctuations as a result of changes in estimated and actual prepayment speeds, default rates, and losses. Servicing fee income, which is reported on the income statement as other income, is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal and are recorded as income when earned. The amortization of servicing assets is netted against loan servicing fee income. Late fees and ancillary fees related to loan servicing are not material. Company Owned Life Insurance: The Company has purchased life insurance policies on certain key executives. Company owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement. Transfers of Financial Assets: Transfers of financial assets are accounted for as sales when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when the assets have been isolated from the Company, the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Premises and Equipment: Premises and equipment are stated at cost, less accumulated depreciation. Equipment and furnishings are depreciated over 3 to 10 years, and leasehold improvements are amortized over the lesser of the terms of the respective leases or the estimated useful lives. The straight-line method of depreciation is used for financial reporting purposes. Repairs and maintenance are charged to operating expenses as incurred. Loan Commitments and Related Financial Instruments: Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit, issued to meet customer financing needs. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded. Low Income Housing Partnership Investments: The Company records the low income housing partnership investments, net of amortization, using the proportional amortization method and the Company reports it to other assets on the Consolidated Balance Sheets. The Company recognizes tax credits in income tax expense on the Consolidated Statement of Income. The commitments to fund the low income housing partnership investments are also recorded and included to other liabilities on the Consolidated Balance Sheets. The Company utilizes the year to date tax credits on the Company’s income tax returns for the year. Stock-Based Compensation: Compensation cost is recognized for stock options and restricted stock awards issued to employees based on the fair value of the awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of the grant is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. Earnings per Common Share: Basic and diluted earnings per share is based on the two-class method prescribed in ASC Topic 260, Earnings Per Share (ASC 260). Stock options and restricted stock awards are considered outstanding for this calculation unless unearned. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock-based compensation plans. Earnings and dividends per share are restated for all stock splits and stock dividends through the date of issuance of the financial statements. Income Taxes: Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The Company does not expect the total amount of unrecognized tax benefits to significantly increase or decrease in the next twelve months. The Company recognizes interest and/or penalties related to income tax matters in income tax expense. There were no interest or penalties recognized in the years ended December 31, 2023 or 2022. Comprehensive Income: Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains and losses on available-for-sale ("AFS") debt securities, which are also recognized as separate components of shareholders’ equity, net of tax. Loss Contingencies: Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe there now are such matters that will have a material effect on the financial statements. Fair Value of Financial Instruments: Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 13—Fair Value of Financial Instruments. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates. Operating Segments: While the chief decision-makers monitor the revenue streams of the various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Discrete financial information is not available other than on a Company-wide basis. New Accounting Pronouncements Adopted Financial Accounting Standards Board ("FASB") Accounting Standards Update ("ASU") 2016-13, Financial Instruments — Credit Losses (Topic 326) : Measurement of Credit Losses on Financial Instruments . The Company adopted ASU 2016-13 using a modified retrospective approach on January 1, 2023 without electing the fair value option on eligible financial instruments under ASU 2019-05. The Company replaced the current incurred loss accounting model with the Current Expected Credit Losses ("CECL") approach for financial instruments measured at amortized cost and other commitments to extend credit. CECL requires the immediate recognition of estimated credit losses expected to occur over the estimated remaining life of the asset. The forward-looking concept of CECL requires loss estimates to consider historical experience, current conditions and reasonable and supportable forecasts. The adoption of this ASU increased the allowance for credit losses by $1.9 million and allowance for off-balance sheet commitments by $184 thousand. The Company also recorded a deferred tax assets of $624 thousand and a decrease to opening retained earnings of $1.5 million on January 1, 2023. The increase to allowance for credit losses was primarily longer duration of home mortgage loans, offset primarily by shorter duration of commercial and industrial ("C&I") loans. The Company did not record an allowance for credit losses on the Company’s available-for-sale debt securities as a result of this adoption. Disclosures for periods after January 1, 2023 are presented in accordance with ASC 326 while prior period amounts continue to be reported in accordance with previously applicable standards and the accounting policies. The following table illustrates the impact of ASU 2016-13: January 1, 2023, Adoption Date ($ in thousands) As Reported Pre-ASU 2016-13 Impact Assets: Loans: Commercial real estate $ 7,826 $ 6,951 $ 875 SBA—real estate 1,369 1,607 (238) SBA—non-real estate 65 207 (142) C&I 1,323 1,643 (320) Home mortgage 10,579 8,826 1,753 Consumer 3 7 (4) Allowance for credit losses on loans $ 21,165 $ 19,241 $ 1,924 Liabilities: Allowance for credit losses on off-balance sheet commitments $ 446 $ 262 $ 184 FASB issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. ("ASU 2022-02") . ASU 2022-02 eliminates the accounting guidance for troubled debt restructurings in Accounting Standards Codification (“ASC”) Subtopic 310-40, Receivables - Troubled Debt Restructurings by Creditors, while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, ASU 2022-02 requires entities to disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of ASC Subtopic 326-20, Financial Instruments - Credit Losses - Measured at Amortized Cost. The Company adopted ASU 2022-02 on January 1, 2023, and the adoption of ASU 2022-02 did not have a significant impact on its consolidated financial statements. In March 2023, the FASB issued ASU 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method . This ASU permits reporting entities to elect to account for tax equity investments, regardless of the tax credit program for which the income tax credits are received, using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the income tax credits and other income tax benefits received and recognizes the net amortization and income tax credits and other income tax benefits in the income statement as a component of income tax expense. A reporting entity makes an accounting policy election to apply the proportional amortization method on a tax-credit-program-by-tax-credit-program basis rather than electing to apply the proportional amortization method at the reporting entity level or to individual investments. The Company adopted ASU 2023-02 on January 1, 2024, and the adoption did not have a material impact on its consolidated financial statements. Recently Issued Accounting Pronouncement under Evaluation In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures

Securities

Securities	12 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The following table summarizes the amortized cost, the corresponding amounts of gross unrealized gains and losses, and estimated fair value of available-for-sale ("AFS") debt securities as of December 31, 2023 and 2022: December 31, 2023 ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 48,318 $ — $ (4,441) $ 43,877 Residential collateralized mortgage obligations 162,142 67 (17,750) 144,459 Municipal securities - tax exempt 5,726 189 (1) 5,914 Total AFS debt securities $ 216,186 $ 256 $ (22,192) $ 194,250 December 31, 2022 ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 55,189 $ — $ (5,425) $ 49,764 Residential collateralized mortgage obligations 179,953 1 (19,909) 160,045 Total AFS debt securities $ 235,142 $ 1 $ (25,334) $ 209,809 There were no sales of AFS debt securities during the years ended December 31, 2023 and 2022. The amortized cost and estimated fair value of AFS debt securities as of December 31, 2023, by contractual maturity, are shown below: ($ in thousands) Amortized Fair After one year through five years $ 1,334 $ 1,282 After five years through ten years 3,304 3,022 After ten years 211,548 189,946 Total AFS debt securities $ 216,186 $ 194,250 Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. As of December 31, 2023 and 2022, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of shareholders’ equity. The following table presents the fair value and the associated gross unrealized losses on AFS debt securities by length of time those individual securities in each category have been in a continuous loss as of December 31, 2023 and 2022: December 31, 2023 Less Than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 6,488 $ (59) $ 37,389 $ (4,382) $ 43,877 $ (4,441) Residential collateralized mortgage obligations 25,439 (177) 105,963 (17,573) 131,402 (17,750) Municipal securities - tax exempt 1,842 (1) — — 1,842 (1) Total AFS debt securities $ 33,769 $ (237) $ 143,352 $ (21,955) $ 177,121 $ (22,192) December 31, 2022 Less Than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 26,347 $ (1,485) $ 23,417 $ (3,940) $ 49,764 $ (5,425) Residential collateralized mortgage obligations 81,320 (3,888) 71,604 (16,021) 152,924 (19,909) Total AFS debt securities $ 107,667 $ (5,373) $ 95,021 $ (19,961) $ 202,688 $ (25,334) As a result of the Company's adoption of ASU 2016-13 on January 1, 2023, available-for-sale debt securities are measured at fair value and are subject to impairment testing. A security is impaired if the fair value of the security is less than its amortized cost basis. When an available-for-sale debt security is considered impaired, the Company must determine if the decline in fair value has resulted from a credit-related loss or other factors and then, (1) recognize an allowance for credit losses by a charge to earnings for the credit-related component of the decline in fair value, and (2) recognize in other comprehensive income (loss) any non-credit related components of the fair value decline. If the amount of the amortized cost basis expected to be recovered increases in a future period, the valuation reserve would be reduced, but not more than the amount of the current existing reserve for that security. As of December 31, 2023, the Company's AFS debt securities consisted of 86 securities, of which 82 were in an unrealized loss position. The unrealized losses from the decline in fair value is attributable to changes in interest rates, and not credit quality. The issuers of the AFS debt securities are of high credit quality. Approximately 97% of the AFS debt securities are residential mortgage-backed securities and residential collateralized mortgage obligations that were issued by U.S. government-sponsored agencies, such as Ginnie Mae, Fannie Mae and Freddie Mac. The remaining 3% of the AFS debt securities are tax-exempt municipal securities. We believe that the unrealized losses presented in the previous tables are temporary and no credit losses are expected. As a result, the Company expects full collection of the carrying amount of these securities, does not intend to sell the securities in an unrealized loss position, and it was more-likely-than-not the Company will not have to sell these securities prior to recovery of amortized cost. Accordingly, for available-for-sale debt securities, the Company did not record allowance for credit losses on January 1, 2023 and did not have allowance for credit losses as of December 31, 2023. As of December 31, 2023 or 2022, there were no pledged securities to secure public deposits, borrowing and letters of credit from FHLB and the Board of Governors of the Federal Reserve System, and for other purposes required or permitted by law. The following table presents the other investment securities, which are included in Other investments on the Consolidated Balance Sheets as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 FHLB stock $ 12,528 $ 8,483 Pacific Coast Bankers Bank ("PCBB") stock 190 190 Mutual fund - Community Reinvestment Act ("CRA") qualified 3,463 3,330 Time deposits placed in other banks 95 95 Total other investments $ 16,276 $ 12,098 The Company has equity investment in a mutual fund with readily determinable fair value of $3.5 million and $3.3 million as of December 31, 2023 and 2022, respectively, which is measured at fair value with changes in fair value recorded in net income. The Company invested in the mutual fund for CRA purposes. For the mutual fund, the Company recorded a $48 thousand unrealized gain and a $431 thousand unrealized loss for the years ended December 31, 2023 and 2022, respectively. The unrealized gains (losses) of the mutual fund are included in Other income in the Consolidated Statements of Income.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses on Loans	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Loans and Allowance for Credit Losses on Loans	Loans and Allowance for Credit Losses on Loans The following table presents the composition of the loan portfolio as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Commercial real estate $ 885,585 $ 842,208 SBA—real estate 224,695 221,340 SBA—non-real estate 14,997 13,377 C&I 120,970 116,951 Home mortgage 518,024 482,949 Consumer 1,574 1,467 Gross loans receivable 1,765,845 1,678,292 Allowance for credit losses (21,993) (19,241) Loans receivable, net (1) $ 1,743,852 $ 1,659,051 (1) Includes net deferred loan costs and unamortized premiums of $140 thousand and $160 thousand as of December 31, 2023 and 2022, respectively. No loans were outstanding to related parties as of December 31, 2023 and 2022. The following table summarizes the activity in the allowance for credit losses on loans by portfolio segment for the years ended December 31, 2023, 2022 and 2021: ($ in thousands) Commercial Real Estate SBA— Real Estate SBA — Non- Real Estate C&I Home Mortgage Consumer Total Balance as of January 1, 2021 $ 8,505 $ 1,802 $ 278 $ 2,563 $ 2,185 $ 19 $ 15,352 Provision for (reversal of) loan losses (1) (355) 279 54 285 706 (10) 959 Charge-offs — (59) (136) — — — (195) Recoveries — — 3 — — 4 7 Balance as of December 31, 2021 8,150 2,022 199 2,848 2,891 13 16,123 Provision for (reversal of) loan losses (1) (1,199) (409) 66 (1,205) 5,935 (7) 3,181 Charge-offs — (14) (127) — — — (141) Recoveries — 8 69 — — 1 78 Balance as of December 31, 2022 6,951 1,607 207 1,643 8,826 7 19,241 Impact of CECL adoption 875 (238) (142) (320) 1,753 (4) 1,924 Provision for (reversal of) credit losses 723 321 73 (11) 466 10 1,582 Charge-offs (686) (46) (35) (97) — — (864) Recoveries 52 13 44 — — 1 110 Balance as of December 31, 2023 $ 7,915 $ 1,657 $ 147 $ 1,215 $ 11,045 $ 14 $ 21,993 (1) Excludes reversal of uncollectible accrued interest receivable of $205 thousand and $438 thousand for the year ended December 31, 2022 and 2021, respectively. The following table presents the allowance for credit losses on loans and recorded investment (not including accrued interest receivable) by portfolio segment and impairment methodology as of December 31, 2023 and 2022: ($ in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total As of December 31, 2023 Allowance for credit losses: Commercial real estate $ — $ 7,915 $ 7,915 SBA—real estate 355 1,302 1,657 SBA—non-real estate — 147 147 C&I — 1,215 1,215 Home mortgage — 11,045 11,045 Consumer — 14 14 Total $ 355 $ 21,638 $ 21,993 Loans (1) : Commercial real estate $ — $ 885,585 $ 885,585 SBA—real estate 2,923 221,772 224,695 SBA—non-real estate — 14,997 14,997 C&I — 120,970 120,970 Home mortgage 2,241 515,783 518,024 Consumer — 1,574 1,574 Total $ 5,164 $ 1,760,681 $ 1,765,845 As of December 31, 2022 Allowance for credit losses: Commercial real estate $ — $ 6,951 $ 6,951 SBA—real estate — 1,607 1,607 SBA—non-real estate — 207 207 C&I 279 1,364 1,643 Home mortgage — 8,826 8,826 Consumer — 7 7 Total $ 279 $ 18,962 $ 19,241 Loans (1) : Commercial real estate $ — $ 842,208 $ 842,208 SBA—real estate 423 220,917 221,340 SBA—non-real estate — 13,377 13,377 C&I 279 116,672 116,951 Home mortgage — 482,949 482,949 Consumer — 1,467 1,467 Total $ 702 $ 1,677,590 $ 1,678,292 (1) Excludes accrued interest receivables of $7.3 million and $6.4 million as of December 31, 2023 and 2022, respectively. The following table presents the recorded investment in impaired loans and the specific allowance for loan losses as of December 31, 2022. December 31, 2022 (1) ($ in thousands) Unpaid Principal Balance Recorded Recorded Related SBA—real estate $ 423 $ 423 $ — $ — C&I 279 — 279 279 Total $ 702 $ 423 $ 279 $ 279 (1) The difference between the unpaid principal balance (net of partial charge-offs) and the recorded investment in the loans was not considered to be material Collateral-dependent loans are loans where repayment is expected to be provided solely by the sale of the underlying collateral and there are no other available and reliable sources of repayment. The estimated credit losses for these loans are based on the collateral’s fair value less selling costs. In most cases, the Company records a partial charge-off to reduce the loan’s carrying value to the collateral’s fair value less selling costs at the time of foreclosure. As of December 31, 2023, there were $5.2 million of collateral-dependent loans which are primarily secured by residential and commercial real estate, as well as equipment. The allowance for credit losses allocated to these loans as of December 31, 2023 was $355 thousand. The following table represents the amortized cost basis of collateral-dependent loans by class of loans as of December 31, 2023, for which repayment is expected to be obtained through the sale of the underlying collateral. ($ in thousands) Hotel / Motel Single-Family Residential Total SBA—real estate $ 2,923 $ — $ 2,923 Home mortgage — 2,241 2,241 Total $ 2,923 $ 2,241 $ 5,164 The following table presents the recorded investment in nonaccrual loans and loans past due 90 or more days and still accruing interest, by portfolio as of December 31, 2023 and 2022: ($ in thousands) Nonaccrual Loans with a Related Allowance for Credit Losses Nonaccrual Loans without a Related Allowance for Credit Losses Total Nonaccrual Loans 90 or More Days Past Due & Still Accruing Total (1) As of December 31, 2023 SBA—real estate $ 2,302 $ 1,136 $ 3,438 $ — $ 3,438 SBA—non-real estate 154 — 154 — 154 Home mortgage 249 2,241 2,490 — 2,490 Total $ 2,705 $ 3,377 $ 6,082 $ — $ 6,082 As of December 31, 2022 SBA—real estate $ 423 $ — $ 423 SBA—non-real estate 51 — 51 C&I 279 — 279 Home mortgage 1,280 — 1,280 Total $ 2,033 $ — $ 2,033 (1) Excludes guaranteed portion of SBA loans of $2.0 million and $1.0 million as of December 31, 2023 and 2022 , respectively. Nonaccrual loans and loans past due 90 or more days and still accruing interest include both homogeneous loans that are collectively and individually evaluated for impairment and individually classified impaired loans. The following table represents the aging analysis of the recorded investment in past due loans as of December 31, 2023 and 2022: ($ in thousands) 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due (1) Loans Not Past Due Total (2) As of December 31, 2023 Commercial real estate $ — $ — $ — $ — $ 885,585 $ 885,585 SBA—real estate 1,868 932 1,983 4,783 219,912 224,695 SBA—non-real estate 154 — — 154 14,843 14,997 C&I — — — — 120,970 120,970 Home mortgage 4,076 2,730 2,491 9,297 508,727 518,024 Consumer — — — — 1,574 1,574 Total $ 6,098 $ 3,662 $ 4,474 $ 14,234 $ 1,751,611 $ 1,765,845 As of December 31, 2022 Commercial real estate $ — $ — $ — $ — $ 842,208 $ 842,208 SBA—real estate 199 175 — 374 220,966 221,340 SBA—non-real estate 38 — 26 64 13,313 13,377 C&I — — — — 116,951 116,951 Home mortgage 1,707 1,522 342 3,571 479,378 482,949 Consumer — — — — 1,467 1,467 Total $ 1,944 $ 1,697 $ 368 $ 4,009 $ 1,674,283 $ 1,678,292 (1) Excludes guaranteed portion of SBA loans of $1.9 million and $924 thousand as of December 31, 2023 and 2022, respectively.. (2) Excludes accrued interest receivables of $7.3 million and $6.4 million as of December 31, 2023 and 2022, respectively. Loan Modifications to Borrowers Experiencing Financial Difficult: On January 1, 2023, the Company adopted ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” , which eliminated the accounting guidance for troubled debt restructurings (“TDRs”) while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. This guidance was applied on a prospective basis. Upon adoption of this guidance, the Company no longer establishes a specific reserve for modifications to borrowers experiencing financial difficulty, unless those loans do not share the same risk characteristics with other loans in the portfolio. Provided that is not the case, these modifications are included in their respective cohort and the allowance for credit losses is estimated on a pooled basis consistent with the other loans with similar risk characteristics. Modifications to borrowers experiencing financial difficulty may include interest rate reductions, principal or interest forgiveness, other than insignificant payment deferrals, other than insignificant term extensions, and other actions intended to minimize economic loss and to avoid foreclosure or repossession of collateral. The disclosure below provide information on loan modification to borrowers experiencing financial difficulty. No charge-offs of previously modified loans were recorded for the year ended December 31, 2023. The following table presents the amortized cost of modified loans and the financial effects of the modification as of December 31, 2023 by loan class and modification type: Financial Effects of Loan Modification ($ in thousands) Payment Delay Term Extension Total Percentage to Each Loan Type Weighted-Average Payment Deferral (in years) Commercial real estate $ — $ 625 $ 625 0.07 % 1.0 SBA—real estate 5,378 — 5,378 2.39 % 0.8 SBA—non-real estate 131 — 131 0.87 % 0.2 Home mortgage 354 — 354 0.07 % 0.5 Total $ 5,863 $ 625 $ 6,488 The Company tracks the performance of modified loans. A modified loan may become delinquent and may result in a payment default (generally 90 days past due) subsequent to modification. There were no loans that received a modification during the three year ended December 31, 2023 that subsequently defaulted. The following table presents the performance of loans that were modified as of December 31, 2023 since the adoption of ASU 2022-02 on January 1, 2023: ($ in thousands) Current 30-89 Days Past Due > 90 Days Past Due Total Commercial real estate $ 625 $ — $ — $ 625 SBA—real estate 4,641 — 737 5,378 SBA—non-real estate 131 — — 131 Home mortgage 354 — — 354 Total $ 5,751 $ — $ 737 $ 6,488 The Company had no additional commitments to lend to borrowers whose loans were modified as of December 31, 2023. Credit Quality Indicators : The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. For consumer loans, a credit grade is established at inception, and generally only adjusted based on performance. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk ratings: 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 Company’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 as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass-rated loans. The following table presents the loan portfolio's amortized cost by loan type, risk rating and year of origination as of December 31, 2023: December 31, 2023 Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term Loans Total (1) ($ in thousands) 2023 2022 2021 2020 2019 Prior Commercial real estate Pass $ 97,114 $ 207,860 $ 154,872 $ 97,137 $ 138,908 $ 163,320 $ 21,059 $ — $ 880,270 Special mention — — — — — — — — — Substandard — 319 — — — 4,996 — — 5,315 Doubtful — — — — — — — — — Subtotal $ 97,114 $ 208,179 $ 154,872 $ 97,137 $ 138,908 $ 168,316 $ 21,059 $ — $ 885,585 Current period charge-offs $ — $ 457 $ 121 $ — $ 91 $ 17 $ — $ — $ 686 SBA— real estate Pass $ 31,920 $ 44,504 $ 26,188 $ 22,732 $ 28,244 $ 64,442 $ — $ — $ 218,030 Special mention — — — — — 1,428 — — 1,428 Substandard — 1,787 1,079 1,136 — 1,235 — — 5,237 Doubtful — — — — — — — — — Subtotal $ 31,920 $ 46,291 $ 27,267 $ 23,868 $ 28,244 $ 67,105 $ — $ — $ 224,695 Current period charge-offs $ — $ — $ 46 $ — $ — $ — $ — $ — $ 46 SBA—non-real estate Pass $ 5,408 $ 2,584 $ 200 $ 1,556 $ 950 $ 3,423 $ — $ — $ 14,121 Special mention — — — — — — — — — Substandard — 591 — — — 187 — — 778 Doubtful — — — — — 98 — — 98 Subtotal $ 5,408 $ 3,175 $ 200 $ 1,556 $ 950 $ 3,708 $ — $ — $ 14,997 Current period charge-offs $ — $ — $ — $ — $ — $ 35 $ — $ — $ 35 C&I Pass $ 15,117 $ 17,939 $ 22,098 $ 4,695 $ 1,720 $ 1,734 $ 55,106 $ 2,561 $ 120,970 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 15,117 $ 17,939 $ 22,098 $ 4,695 $ 1,720 $ 1,734 $ 55,106 $ 2,561 $ 120,970 Current period charge-offs $ 17 $ — $ 80 $ — $ — $ — $ — $ — $ 97 Home mortgage Pass $ 72,182 $ 304,346 $ 79,585 $ 18,634 $ 8,939 $ 31,848 $ — $ — $ 515,534 Special mention — — — — — — — — — Substandard — 2,241 249 — — — — — 2,490 Doubtful — — — — — — — — — Subtotal $ 72,182 $ 306,587 $ 79,834 $ 18,634 $ 8,939 $ 31,848 $ — $ — $ 518,024 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Consumer Pass $ 4 $ — $ — $ — $ 77 $ — $ 1,493 $ — $ 1,574 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 4 $ — $ — $ — $ 77 $ — $ 1,493 $ — $ 1,574 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Total loans Pass $ 221,745 $ 577,233 $ 282,943 $ 144,754 $ 178,838 $ 264,767 $ 77,658 $ 2,561 $ 1,750,499 Special mention — — — — — 1,428 — — 1,428 Substandard — 4,938 1,328 1,136 — 6,418 — — 13,820 Doubtful — — — — — 98 — — 98 Subtotal $ 221,745 $ 582,171 $ 284,271 $ 145,890 $ 178,838 $ 272,711 $ 77,658 $ 2,561 $ 1,765,845 Current period charge-offs $ 17 $ 457 $ 247 $ — $ 91 $ 52 $ — $ — $ 864 (1) Excludes accrued interest receivables The following table presents the loan portfolio's amortized cost by loan type and risk rating of as of December 31, 2022: ($ in thousands) Pass Special Mention Substandard Doubtful Total (1) Commercial real estate $ 841,645 $ 563 $ — $ — $ 842,208 SBA—real estate 220,348 — 992 — 221,340 SBA—non-real estate 12,897 — 480 — 13,377 C&I 116,396 — 279 276 116,951 Home mortgage 481,669 — 1,280 — 482,949 Consumer 1,467 — — — 1,467 Total $ 1,674,422 $ 563 $ 3,031 $ 276 $ 1,678,292 (1) Excludes accrued interest receivables

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment The following table presents information regarding the premises and equipment as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Leasehold improvements $ 9,135 $ 7,998 Furniture and fixtures 4,814 3,983 Equipment and others 3,504 3,288 Total premises and equipment 17,453 15,269 Accumulated depreciation (12,205) (10,869) Total premises and equipment, net $ 5,248 $ 4,400

Servicing Assets

Servicing Assets	12 Months Ended
	Dec. 31, 2023
Servicing Asset [Abstract]
Servicing Assets	Servicing Assets The Company recognizes the right to service SBA loans for others as servicing assets when the servicing income the Company receives is more than adequate compensation. Servicing assets are accounted for using the amortization method. Under this method, the Company amortizes the servicing assets over the period of the economic life of the assets arising from estimated net servicing revenue. The Company periodically stratifies its servicing assets into groupings based on risk characteristics and assesses each group for impairment based on fair value. Based on the results of the impairment test, there was no valuation allowance for impairment as of December 31, 2023 and 2022. The following table presents an analysis of the changes in activity for loan servicing assets during the years ended December 31, 2023 and 2022: Year Ended December 31, ($ in thousands) 2023 2022 Beginning balance $ 12,759 $ 12,720 Additions from loans sold with servicing retained 3,400 4,424 Amortized to expense (4,418) (4,385) Ending balance $ 11,741 $ 12,759 The fair value of the servicing assets was $17.2 million as of December 31, 2023, which was determined using discount rates ranging from 3.75% to 11.00% and prepayment speeds ranging from 12.80% to 13.20%, depending on the stratification of the specific assets. The fair value of the servicing assets was $16.8 million as of December 31, 2022, which was determined using discount rates ranging from 4.40% to 9.90% and prepayment speeds ranging from 13.10% to 13.80% depending on the stratification of the specific assets.

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Leases	Leases As a lessee, the Company enters into leases of buildings and our real estate leases primarily relate to bank branches and office space from nonaffiliated parties with remaining lease terms ranging from 1 to 10 years years as of December 31, 2023. Certain lease arrangements contain extension option which are typically around 5 years. As these extension options are not generally considered reasonably certain of exercise, they are not included in the lease term. As of December 31, 2023 and 2022, operating right-of-use (“ROU”) assets were $8.5 million and $9.1 million, respectively, and related liabilities were $9.3 million and $10.2 million, respectively. Short-term operating leases, which are defined as leases with term of twelve months or less, were not recognized as ROU assets with related lease liabilities as permitted under ASU No. 2016-02. The lease payments on short-term operating leases are immaterial. The Company did not have any finance leases as of December 31, 2023 and 2022. Operating lease ROU assets represent the Company’s right to use the underlying asset during the lease term and operating lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets and operating lease liabilities are recognized at lease commencement based on the present value of the remaining lease payments using the Company’s incremental borrowing rate at the lease commencement date. Operating lease expense, which is comprised of amortization of the ROU asset and the implicit interest accreted on the operating lease liability, is recognized on a straight-line basis over the lease term and is recorded in occupancy expense in the consolidated statements of income. The Company’s occupancy expense also includes variable lease costs which is comprised of the Company's share of actual costs for utilities, common area maintenance, property taxes, and insurance that are not included in lease liabilities and are expensed as incurred. Variable lease costs can also include rent escalations based on changes to indices, such as the Consumer Price Index, where the Company estimates future rent increases and records the actual difference to variable costs. The table below summarizes total lease cost for the periods indicated : Year Ended December 31, ($ in thousands) 2023 2022 Operating lease cost $ 2,280 $ 2,046 Variable lease cost 844 859 Total lease cost $ 3,124 $ 2,905 The tables below summarize other information related to the Company’s operating leases as of the associated period: Year Ended December 31, ($ in thousands) 2023 2022 Operating right-of-use assets $ 8,497 $ 9,097 Operating lease liabilities 9,341 10,213 Weighted average remaining lease term - operating leases 5.5 years 6.3 years Weighted average discount rate - operating leases 2.47 % 2.44 % Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,511 $ 2,253 Rent expense was $3.1 million, $2.9 million and $2.6 million for the years ended December 31, 2023 and 2022 and 2021, respectively. The table below summarizes the remaining contractually obligated lease payments and a reconciliation to the lease liability reported on the Consolidated Balance Sheets as of December 31, 2023: ($ in thousands) 2024 $ 2,586 2025 1,724 2026 2,085 2027 2,007 2028 1,598 Thereafter 1,925 Total lease payments 11,925 Discount to present value (2,584) Total lease liability $ 9,341

Deposits

Deposits	12 Months Ended
	Dec. 31, 2023
Deposits [Abstract]
Deposits	Deposits Time deposits that exceed the FDIC insurance limit of $250 thousand as of December 31, 2023 and 2022 were $433.9 million and $356.2 million, respectively. The following table presents the scheduled contractual maturities of time deposits as of December 31, 2023: ($ in thousands) 2024 $ 841,257 2025 26,563 2026 17,389 2027 325 2028 and thereafter 255 Total $ 885,789 Deposits from principal officers, directors, and their affiliates as of December 31, 2023 and 2022 were $1.8 million and $810 thousand, respectively.

Borrowing Arrangements

Borrowing Arrangements	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Borrowing Arrangements	Borrowing Arrangements As of December 31, 2023, the Company had $105.0 million advances from FHLB with a weighted average interest rate of 4.65% and a weighted average remaining term of 0.9 years, compared to no borrowings as of December 31, 2022. The Company has a letter of credit with the FHLB in the amount of $67.0 million to secure a public deposit as of both December 31, 2023 and 2022. The Company had available borrowing capacity from the following institutions as of December 31, 2023: ($ in thousands) FHLB $ 363,615 Federal Reserve Bank 182,989 Pacific Coast Bankers Bank 50,000 Zions Bank 25,000 First Horizon Bank 25,000 Total $ 646,604 The Company has pledged approximately $1.39 billion and $1.24 billion of loans as collateral for these lines of credit as of December 31, 2023 and 2022, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following table presents the components of income taxes expense (benefit) for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, ($ in thousands) Year Ended 2023 2022 2021 Current income tax expense: Federal $ 6,238 $ 7,959 $ 9,243 State 3,332 4,374 4,885 Total current income tax expense 9,570 12,333 14,128 Deferred income tax expense (benefit): Federal 217 783 (1,614) State (214) 298 (698) Total deferred income tax expense (benefit) 3 1,081 (2,312) Total income tax expense $ 9,573 $ 13,414 $ 11,816 The following table presents a reconciliation of the applicable statutory U.S. federal income tax rate to the effective tax rate for the periods indicated: Year Ended December 31, 2023 2022 2021 Federal statutory income tax rate 21.0 % 21.0 % 21.0 % Increase (decrease) in tax rate resulting from: Meals and entertainment 0.2 — — State income taxes, net of federal tax benefit 8.0 8.4 8.5 Stock option expense and related excess tax benefits 0.1 — 0.1 Company owned life insurance (0.4) (0.2) (0.1) Other, net (0.3) (0.5) (0.4) Effective tax rate 28.6 % 28.7 % 29.1 % The significant components of deferred tax assets and liabilities are reflected in the following table: December 31, ($ in thousands) 2023 2022 Deferred tax assets: Organizational costs $ 18 $ 20 Allowance for credit losses 6,502 5,688 Loans held for sale — 852 Stock-based compensation 509 386 Accrued compensation 302 272 Lease liability 2,762 3,019 State taxes 675 989 Net unrealized loss on AFS debt securities 6,485 7,491 Nonaccrual loan interest income 224 46 Other 279 77 Total deferred tax assets 17,756 18,840 Deferred tax liabilities: Loan origination costs (1,110) (1,407) Depreciation (553) (423) Right of use asset (2,512) (2,689) Other (272) (5) Total deferred tax liabilities (4,447) (4,524) Net deferred tax asset $ 13,309 $ 14,316 A valuation allowance for deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income and tax planning strategies which will create taxable income during the periods in which those temporary differences become deductible. Management reevaluated all positive and negative evidence that existed and concluded all deferred tax assets are realizable. Therefore, no valuation allowance was necessary as of December 31, 2023 and 2022. The Company is subject to U.S. Federal income tax as well as various state taxing jurisdictions. The Company is no longer subject to examination by Federal taxing authorities for tax years prior to 2020 and for state taxing authorities for tax years prior to 2019. There were no significant unrealized tax benefits recorded as of December 31, 2023 and 2022, and the Company does not expect any significant increase in unrealized tax benefits in the next twelve months.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Off-Balance-Sheet Credit Risk : In the normal course of business, the Company enters into commitments to extend credit such as loan commitments and standby letters of credits (“SBLC”s). These commitments expose the Company to varying degrees of credit and market risk and are subject to the same credit and market risk limitation reviews as those instruments recorded on the Consolidated Balance Sheets. Loan commitments represent arrangements to lend funds or provide liquidity subject to specified contractual conditions. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. These commitments generally have fixed expiration dates or contain termination clauses in the event the customer’s credit quality deteriorates. Since many of the commitments are expected to expire without being drawn upon, the commitment amounts do not necessarily represent future funding requirements. The Company applies the same credit underwriting criteria to extend loans and commitments to customers. Each customer’s credit worthiness is evaluated on a case-by-case basis. Collateral may be obtained based on management’s assessment of a customer’s credit. Collateral may include securities, accounts receivable, inventory, property, plant and equipment, and income producing commercial or other properties. The following table presents the distribution of undisbursed credit-related commitments as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Loan commitments $ 257,626 $ 265,110 Standby letter of credit 6,707 5,286 Commercial letter of credit 22 451 Total undisbursed credit related commitments $ 264,355 $ 270,847 The majority of these off-balance sheet commitments have a variable interest rate. Management does not anticipate any material losses as a result of these transactions. Investments in low-income housing partnership : The Company invests in qualified affordable housing partnerships. The following table shows the balance of the investments in low-income housing partnerships and the total unfunded commitments related to the investments in low-income housing partnerships as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Investments in low-income housing partnerships $ 16,887 $ 12,212 Unfunded commitments to fund investments for low-income housing partnerships 11,905 8,748 These balances are reflected in the other assets and other liabilities lines on the Consolidated Balance Sheets. The Company expects to finish fulfilling these commitments during the year ending 2040. Under the proportional amortization method, the Company amortizes the initial cost of the investment in proportion to the tax credit and other benefits received and recognizes the amortization in income tax expense on the Consolidated Statements of Income. The Company recognized amortization expense of $1.3 million, $697 thousand and $522 thousand for the years ended December 31, 2023, 2022 and 2021, respectively. Additionally, the Company recognized tax credits and other benefits from the investments in low-income housing partnerships of $1.7 million, $926 thousand and $651 thousand for the years ended December 31, 2023, 2022 and 2021, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has three stock-based compensation plans currently in effect as of December 31, 2023, as described further below. Total compensation cost that has been charged against earnings for these plans for the years ended December 31, 2023, 2022 and 2021 was $1.3 million, $1.2 million and $558 thousand, respectively. 2005 Plan : In 2005, the Board of Directors and shareholders of the Bank approved a stock option plan for the benefit of directors and employees of the Bank (the “2005 Plan”). The 2005 Plan was assumed by the Company in 2016 at the time of the bank holding company reorganization. Under the 2005 Plan, the Bank was authorized to grant options to purchase up to 770,000 shares of the Company’s common stock. The exercise prices of the options may not be less than 100% of the fair value of the Company’s common stock at the date of grant. The options, when granted, vest either immediately or ratably over five years from the date of the grant and expire after ten years if not exercised. The 2005 Plan expired in 2015, and no future grants can be made under the 2005 Plan. A summary of the transactions under the 2005 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Number of Weighted Aggregate Outstanding, as of January 1, 2023 30,000 $ 6.18 $ 149 Options granted — — Options exercised (30,000) 6.18 Options forfeited — — Options expired — — Outstanding, as of December 31, 2023 — $ — $ — Fully vested and expected to vest — $ — $ — Vested — $ — $ — Information related to stock options exercised under the 2005 Plan for the periods indicated follows: Year Ended December 31, ($ in thousands) 2023 2022 2021 Intrinsic value of options exercised $ 86 $ 113 $ 231 Cash received from option exercises 128 128 64 Tax benefit realized from option exercised 2 2 27 2010 Plan : In 2010, the Board of Directors of the Bank approved a new equity incentive plan for granting stock options and restricted stock awards to key employees, officers, and non-employee directors of the Bank (the “2010 Plan”). In 2013, the 2010 Plan was amended and approved by the shareholders to increase the number of shares authorized to be issued under from 1,350,000 shares to 2,500,000 shares of common stock. The 2010 Plan was assumed by the Company in 2016 at the time of the bank holding company reorganization. The exercise prices of stock options granted under the plan may not be less than 100% of the fair value of the Company’s stock at the date of grant. The options, when granted, vest ratably over five years from the date of the grant and expire after ten years if not exercised. The 2010 Plan expired in August 2020, and no further grants can be made under the 2010 Plan. Restricted stock awards issued under the 2010 Plan may or may not be subject to vesting provisions. Owners of the restricted stock awards shall have all of the rights of a shareholder including the right to vote the shares and to all dividends (cash or stock). Compensation expense related to restricted stock awards will be recognized over the vesting period of the awards based on the fair value of the Company’s common stock at the issue date. A summary of the stock options outstanding under the 2010 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Number of Weighted Aggregate Outstanding, as of January 1, 2023 150,000 $ 8.00 $ 474 Options granted — — Options exercised (90,000) 8.00 Options forfeited — — Options expired — — Outstanding, as of December 31, 2023 60,000 $ 8.00 $ 177 Fully vested and expected to vest 60,000 $ 8.00 $ 177 Vested 60,000 $ 8.00 $ 177 Information related to stock options exercised under the 2010 Plan for the periods indicated follows: Year Ended December 31, ($ in thousands) 2023 2022 2021 Intrinsic value of options exercised $ 186 $ 224 $ 86 Cash received from option exercises 720 480 25 Tax provision realized from option exercised (3) — — The weighted average remaining contractual term of stock options outstanding as of December 31, 2023 was 0.3 years. The weighted average remaining contractual term of stock options that were exercisable as of December 31, 2023 was 0.3 years. A summary of the changes in the Company's non-vested restricted stock awards under the 2010 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Shares Issued Weighted Average Grant Date Fair Value Aggregate Non-vested, as of January 1, 2023 14,500 $ 8.66 $ 162 Awards granted — — Awards vested (4,500) 6.37 Awards forfeited — — Non-vested, as of December 31, 2023 10,000 $ 9.69 $ 110 Information related to vested restricted stock awards under the 2010 Plan for the periods indicated follows: Year Ended December 31, 2023 2022 2021 Tax benefit (provision) realized from awards vested $ 4 $ — $ (85) As of December 31, 2023, the Company had approximately $18 thousand of unrecognized compensation cost related to unvested restricted stock awards under the 2010 Plan. The Company expects to recognize these costs over a weighted average period of 0.9 years. 2021 Plan : In 2021, the Board of Directors of the Company approved a new equity incentive plan for granting stock options and restricted stock awards to key employees, officers, and non-employee directors of the Company and the Bank (the “2021 Plan”). The 2021 Plan was approved by the Company’s shareholders at the 2021 Annual Meeting. The number of shares authorized to be issued under the 2021 Plan was 1,500,000 shares of the Company’s common stock. The exercise prices of stock options granted under the plan may not be less than 100.00% of the fair value of the Company’s stock at the date of grant. There are no stock options granted under the 2021 Plan as of December 31, 2023. Restricted stock awards issued under the 2021 Plan may or may not be subject to vesting provisions. Owners of the restricted stock awards shall have all rights of a shareholder including the right to vote the shares and to all dividends (cash or stock). Compensation expense related to restricted stock awards will be recognized over the vesting period of the awards based on the fair value of the Company’s common stock at the issue date. A summary of the changes in the Company’s non-vested restricted stock awards under the 2021 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Shares Issued Weighted Aggregate Non-vested, as of January 1, 2023 317,366 $ 11.60 $ 3,542 Awards granted 36,280 8.35 Awards vested (67,295) 10.33 Awards forfeited (7,500) 12.90 Non-vested, as of December 31, 2023 278,851 $ 11.45 $ 3,053 Information related to vested restricted stock awards under the 2021 Plan for the periods indicated follows: Year Ended December 31, ($ in thousands) 2023 2022 2021 Tax benefit (provision) realized from awards vested $ (34) $ 12 $ — There were 1,111,457 shares available for future grants of either stock options or restricted stock awards under the 2021 Plan as of December 31, 2023. The Company had approximately $1.7 million of unrecognized compensation cost related to unvested restricted stock awards under the 2021 Plan as of December 31, 2023. The Company expects to recognize these costs over a weighted average period of 1.6 years.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Employee Benefit Plan	Employee Benefit PlanThe Company sponsors a defined contribution plan, 401(k) profit sharing plan (the “401(k) Plan”), designed to provide retirement benefits financed by participant contributions, as well as contributions from the Company. Employees are eligible to participate in the 401(k) Plan as of the first day of the first calendar month after the date they have completed three months of service with the Company and have attained the age of 18. Each employee is allowed to contribute to the 401(k) Plan up to the maximum percentage allowable, not to exceed the limits of applicable IRS Code Sections. Each year, the Company may, in its discretion, make matching contributions to the 401(k) Plan. Total employer contributions to the 401(k) Plan amounted to $986 thousand, $867 thousand and $752 thousand for the years ended December 31, 2023 and 2022 and 2021, respectively.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or the price that would be paid to transfer a liability on the measurement date and is determined using an exit price in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Assets and liabilities recorded at fair value on a recurring basis, such as AFS securities and equity investments. Additionally, from time to time, the Company records fair value adjustments on a nonrecurring basis. These nonrecurring adjustments typically involve application of lower of cost or fair value accounting and write-downs of individual assets. The Company classifies its assets and liabilities recorded at fair value as one of the following three categories and a financial instrument’s level within the fair value hierarchy is based on the lowest level of input significant to the fair value measurement: Level 1—Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2—Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3—Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. Assets and Liabilities Measured at Fair Value on a Recurring Basis Following is a description of the valuation methodologies used for instruments measured at fair value on a recurring basis, as well as the general classification of such instruments pursuant to the valuation hierarchy. Securities AFS : The fair values of investment securities are determined by matrix pricing, which is a mathematical technique used to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2). Management obtains the fair values of investment securities on a monthly basis from a third-party pricing service. Other Investment: The Company has an equity investment with readily determinable fair value. The fair value for the equity investment with readily determinable fair value is obtained from unadjusted quoted prices in active markets on the date of measurement and classified as Level 1. Assets and liabilities measured at fair value on a recurring basis as of December 31, 2023 and 2022 are summarized below: Fair Value Measure on a Recurring Basis ($ in thousands) Total Quoted Significant Other Significant December 31, 2023 U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 43,877 $ — $ 43,877 $ — Residential collateralized mortgage obligations 144,459 — 144,459 — Municipal securities - tax exempt 5,914 — 5,914 — Other investments: Mutual fund - CRA qualified 3,463 3,463 — — December 31, 2022 U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 49,764 $ — $ 49,764 $ — Residential collateralized mortgage obligations 160,045 — 160,045 — Other investments: Mutual fund - CRA qualified 3,330 3,330 — — There were no transfers of assets or liabilities between the Level 1 and Level 2 classifications for the years ended December 31, 2023 or 2022. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis The Company may be required, from time to time, to measure certain assets at fair value on a nonrecurring basis in accordance with GAAP. These adjustments to fair value usually result from application of lower of cost or fair value and write-downs of individual assets. Collateral-dependent loans : Collateral-dependent loans are loans where repayment is expected to be provided solely by the sale of the underlying collateral and there are no other available and reliable sources of repayment. Prior to the adoption of ASU 2016-13, impaired loans were evaluated and valued at the time the loan was identified as impaired, at the lower of cost or fair value. Fair value for both collateral-dependent and impaired loans are measured based on the value of the collateral securing these loans and are classified at a Level 3 in the fair value hierarchy. Collateral may include real estate, or business assets including equipment, inventory and accounts receivable. The value of real estate collateral is determined based on an appraisal by qualified licensed appraisers hired by the Company. The value of business equipment is based on an appraisal by qualified licensed appraisers hired by the Company if significant, or the equipment’s net book value on the business’ financial statements. Inventory and accounts receivable collateral are valued based on independent field examiner review or aging reports. Appraisals may utilize a single valuation approach or a combination or approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available for similar loans and collateral underlying such loans. Appraised values are reviewed by management using historical knowledge, market considerations, and knowledge of the client and client’s business. The following table presents the fair value hierarchy and fair value of assets that were still held and had fair value adjustments measured on a nonrecurring basis as of December 31, 2023 and 2022: Fair Value Measure on a Nonrecurring Basis ($ in thousands) Total Quoted Significant Other Significant December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 $ — $ — $ 1,432 Total $ 1,432 $ — $ — $ 1,432 December 31, 2022 Impaired loans: SBA—real estate $ 423 $ — $ — $ 423 Total $ 423 $ — $ — $ 423 Total The following table presents the increase (decrease) in value of certain assets held at the end of the respective reporting periods presented for which a nonrecurring fair value adjustment was recognized during the period presented: Year Ended December 31, ($ in thousands) 2023 2022 2021 Collateral-dependent loans: SBA—real estate $ — $ 28 $ 105 Total $ — $ 28 $ 105 The following table presents information about significant unobservable inputs utilized in the Company’s nonrecurring Level 3 fair value measurements as of December 31, 2023 and 2022: ($ in thousands) Fair Value Valuation Unobservable Range of Weighted- Average of Inputs (1) December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 Income approach - income capitalization Capitalization rate 9.3% to 11.0% 9.9% December 31, 2022 Impaired loans: SBA—real estate $ 423 Income approach - income capitalization Capitalization rate 11.5% 11.5% (1) Weighted-average of inputs is based on the relative fair value of the respective assets as of December 31, 2023 and 2022. Financial Instruments : The carrying amounts and estimated fair values of financial instruments that are not carried at fair value on a recurring basis as of December 31, 2023 and 2022 are as follows. These financial assets and liabilities are measured at amortized cost basis on the Company’s Consolidated Balance Sheets: December 31, 2023 ($ in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and cash equivalents $ 91,216 $ 91,216 $ — $ — $ 91,216 Loans receivable, net 1,743,852 — — 1,793,258 1,793,258 Accrued interest receivable, net 8,259 69 859 7,331 8,259 Other investments: FHLB and PCBB stock 12,718 N/A N/A N/A N/A Time deposits placed 95 — 95 — 95 Servicing assets 11,741 — — 17,218 17,218 Financial liabilities: Deposits 1,807,558 — 1,808,444 — 1,808,444 FHLB advances 105,000 — 104,231 — 104,231 Accrued interest payable 12,628 — 12,628 — 12,628 December 31, 2022 ($ in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and cash equivalents $ 82,972 $ 82,972 $ — $ — $ 82,972 Loans held for sale 44,335 — 47,217 — 47,217 Loans receivable, net 1,659,051 — — 1,626,036 1,626,036 Accrued interest receivable, net 7,180 51 716 6,413 7,180 Other investments: FHLB and PCBB stock 8,673 N/A N/A N/A N/A Time deposits placed 95 — 95 — 95 Servicing assets 12,759 — — 16,845 16,845 Financial liabilities: Deposits 1,885,771 — 1,880,508 — 1,880,508 Accrued interest payable 2,771 — 2,771 — 2,771

Regulatory Capital Matters

Regulatory Capital Matters	12 Months Ended
	Dec. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Capital Matters	Regulatory Capital Matters The Bank is subject to certain risk-based capital and leverage ratio requirements under the U.S. Basel III capital rules administered by the federal and state banking agencies. Failure to be well-capitalized or to meet minimum capital requirements could result in certain mandatory and possible additional discretionary actions by regulators that, if undertaken, could have an adverse material effect on the Company's operations or financial condition. The Basel III capital rules also require the Bank to maintain a capital conservation buffer of 2.50% above the minimum risk-based capital ratios in order to absorb losses during periods of economic stress, effective January 1, 2019. Banking institutions with a ratio of common equity tier 1 capital to risk-weighted assets above the minimum but below the capital conservation buffer will face constraints on dividends. equity repurchases and compensation based on the amount of the shortfall. Management believes that as of December 31, 2023 and 2022, the Bank met all capital adequacy requirements to which they are subject to. Based on recent changes to the Federal Reserve’s definition of a “Small Bank Holding Company” that increased the threshold to $3 billion in assets, the Company is not currently subject to separate minimum capital measurements. At such time as the Company reaches the $3 billion asset level, it will again be subject to capital measurements independent of the Bank. The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated: December 31, 2023 Actual (1) Required for Minimum ($ in thousands) Amount Ratio Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Consolidated $ 229,544 13.77 % N/A N/A N/A N/A Bank 227,773 13.66 $ 133,353 8.00 % $ 166,691 10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 208,707 12.52 N/A N/A N/A N/A Bank 206,936 12.41 100,014 6.00 133,353 8.00 Common equity Tier 1 capital (to risk-weighted Consolidated 208,707 12.52 N/A N/A N/A N/A Bank 206,936 12.41 75,011 4.50 108,349 6.50 Tier 1 capital (to average assets) Consolidated 208,707 9.57 N/A N/A N/A N/A Bank 206,936 9.49 87,207 4.00 109,008 5.00 (1) The capital requirements are only applicable to the Bank, and the Company's ratios are included for comparison purpose. December 31, 2022 Actual (1) Required for Minimum ($ in thousands) Amount Ratio Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Consolidated $ 213,862 13.06 % N/A N/A N/A N/A Bank 211,981 12.94 $ 131,020 8.00 % $ 163,775 10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 194,358 11.87 N/A N/A N/A N/A Bank 192,477 11.75 98,265 6.00 131,020 8.00 Common equity Tier 1 capital (to risk-weighted Consolidated 194,358 11.87 N/A N/A N/A N/A Bank 192,477 11.75 73,699 4.50 106,454 6.50 Tier 1 capital (to average assets) Consolidated 194,358 9.38 N/A N/A N/A N/A Bank 192,477 9.29 82,836 4.00 103,545 5.00 (1) The capital requirements are only applicable to the Bank, and the Company's ratios are included for comparison purpose.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic EPS is calculated using the two-class method. Under the two-class method, all earnings (distributed and undistributed) are allocated to common stock and participating securities. The Company grants restricted stock awards, which entitle recipients to receive nonforfeitable dividends during the vesting period on a basis equivalent to dividends paid to holders of the Company's common stock. These restricted stock awards meet the definition of participating securities based on their respective rights to receive nonforfeitable dividends, and they are treated as a separate class of securities in computing basic EPS. Participating securities are not included as incremental shares in computing diluted EPS. Diluted EPS incorporates the potential impact of contingently issuable shares. Diluted EPS is calculated under both the two-class and treasury stock methods, and the more dilutive amount is reported. For each of the periods presented in the table below, diluted EPS calculated under two-class method was more dilutive. The following table presents the calculation of net income applicable to common stockholders and basic and diluted EPS for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, ($ in thousands, except share and per share data) 2023 2022 2021 Basic Net income $ 23,918 $ 33,310 $ 28,840 Distributed and undistributed earnings allocated to participating securities (476) (704) (330) Net income allocated to common shares $ 23,442 $ 32,606 $ 28,510 Weighted average common shares outstanding 15,149,597 15,171,240 15,087,686 Basic earnings per common share $ 1.55 $ 2.15 $ 1.89 Diluted Net income allocated to common shares $ 23,442 $ 32,606 $ 28,510 Weighted average common shares outstanding for basic earnings per common share 15,149,597 15,171,240 15,087,686 Add: Dilutive effects of assumed exercises of stock options 9,260 60,178 67,661 Average shares and dilutive potential common shares 15,158,857 15,231,418 15,155,347 Diluted earnings per common share $ 1.55 $ 2.14 $ 1.88 No share of common stock was antidilutive for the years ended December 31, 2023, 2022 and 2021.

Parent Company Condensed Financ

Parent Company Condensed Financial Statements	12 Months Ended
	Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]
Parent Company Condensed Financial Statements	Parent Company Condensed Financial Statements The following tables present the Parent Company-only condensed financial statements: Condensed Balance Sheets December 31, ($ in thousands) 2023 2022 Assets Cash and cash equivalents $ 1,653 $ 1,559 Investment in bank subsidiary 190,855 175,035 Deferred tax assets — 21 Other assets 177 301 Total assets $ 192,685 $ 176,916 Liabilities and shareholders' equity Other liabilities $ 59 $ — Shareholders’ equity 192,626 176,916 Total liabilities and shareholders' equity $ 192,685 $ 176,916 Condensed Statements of Income and Comprehensive Income Year Ended December 31, ($ in thousands) 2023 2022 2021 Income Dividends from bank subsidiary $ 11,789 $ 6,675 $ 5,123 Expense Salaries and employee benefits 227 219 226 Occupancy and equipment 49 49 65 FDIC insurance and regulatory assessments — — 8 Directors’ fees 228 214 135 Other expense 445 395 169 Total expense 949 877 603 Income before income tax benefit and undistributed net income of bank subsidiary 10,840 5,798 4,520 Income tax benefit 252 202 141 Equity in undistributed net income of bank subsidiary 12,826 27,310 24,178 Net income 23,918 33,310 28,839 Other comprehensive income (loss), net of tax 2,392 (16,646) (2,037) Comprehensive income $ 26,310 $ 16,664 $ 26,802 Condensed Statements of Cash Flows Year Ended December 31, ($ in thousands) 2023 2022 2021 Cash flows from operating activities Net income $ 23,918 $ 33,310 $ 28,839 Adjustments: Equity in undistributed net loss of bank subsidiary (24,615) (33,985) (29,301) Change in other assets 145 (164) (124) Change in other liabilities 59 (33) (414) Net cash used in operating activities (493) (872) (1,000) Cash flows from investing activities Net cash from investing activities — — — Cash flows from financing activities Repurchase of common stock (3,934) — (28) Cash dividend paid on common stock (7,269) (6,674) (5,132) Proceeds from subsidiaries 11,789 6,675 5,123 Net cash provided by (used in) financing activities 586 1 (37) Net change in cash and cash equivalents 93 (871) (1,037) Cash and cash equivalents at beginning of year 1,560 2,431 3,468 Cash and cash equivalents at end of year $ 1,653 $ 1,560 $ 2,431

Business and Basis of Present_2

Business and Basis of Presentation (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation:
Use of Estimates	Use of Estimates:
Concentration of Risk	Concentration of Risk: Most of the Company’s customers are located within Los Angeles County and the surrounding area. The concentration of loans originated in this area may subject the Company to the risk of adverse impacts of economic, regulatory or other developments that could occur in Southern California. The Company has significant concentration in commercial real estate loans. The Company obtains what it believes to be sufficient collateral to secure potential losses. The extent and value of the collateral obtained varies based upon the details underlying each loan agreement.
Cash Flows	Cash Flows: Cash and cash equivalents include cash, deposits with other financial institutions with original maturities less than 90 days, and federal funds sold. Net cash flows are reported for customer loan and deposit transactions.
Securities	Securities: Securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Securities are classified as available-for-sale when they might be sold before maturity. Securities available for sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax. Interest income includes amortization of purchase premium or discount. Premiums and discounts on securities are amortized on the level-yield method without anticipating prepayments. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Securities available for sale are measured at fair value and are subject to impairment testing. For securities available for sale in an unrealized loss position, management evaluates whether the decline in fair value has resulted in from a credit-related loss or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. Management (1) recognizes an allowance for credit losses by a charge to earnings for the credit-related component of the decline in fair value, and (2) recognize in other comprehensive income (loss) any non-credit related components of the fair value decline. If the amount of the amortized cost basis expected to be recovered increases in a future period, the valuation reserve would be reduced, but not more than the amount of the current existing reserve for that security.
Other investments	Other investments: Other investments includes the followings : (i) Federal Home Loan Bank (“FHLB”) Stock - the Bank is a member of the FHLB system. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income; (ii) Pacific Coast Bankers Bank (“PCBB”) Stock - the Bank is a member of PCBB. PCBB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income; and (iii) the Company’s investment in a mutual fund to satisfy the Company’s requirements under the Community Reinvestment Act (“CRA”). CRA mutual fund is reported at fair value. Unrealized gains and losses on a CRA fund are recognized in other income in the Consolidated Statements of Income.
Loans Held for Sale	Loans Held for Sale: Certain Small Business Administration (“SBA”) loans that may be sold prior to maturity are designated as held for sale at origination and are recorded at the lower of their cost or fair value less costs to sell, determined on an aggregate basis. A valuation allowance is established if the market value of such loans is lower than their cost, and operations are charged or credited for valuation adjustments. Origination fees on loans held for sale, net of certain costs of processing and closing the loans, are deferred until the time of sale and are included in the computation of the gain or loss from the sales of the related loans. A portion of the premium on sale of SBA loans is recognized as gains on sales of loans at the time of the sale. These loans are generally sold with servicing retained.
Loans Receivable and Allowance for Credit Losses	Loans Receivable: Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of deferred loan fees and costs and an allowance for credit losses. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The recorded investment in loans includes accrued interest receivable, deferred loan fees and costs, and unearned income. The accrual of interest income on commercial real estate and other commercial and industrial loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Consumer loans are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. All interest accrued but not received for loans placed on nonaccrual status is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Credit Losses: The Company employs a modeled approach that takes into account current and future economic conditions to estimate lifetime expected losses on a collective basis. With the adoption of Current Expected Credit Losses, the Company elected not to consider accrued interest receivable in its estimated credit losses because the Company writes off uncollectible accrued interest receivable in a timely manner. The Company considers writing off accrued interest amounts once the amounts become 90 days past due to be considered within a timely manner. The Company has elected to write off accrued interest receivable by reversing interest income. The Company uses transition matrices to develop the Probability of Default ("PD") and Loss Given Default ("LGD") approach, incorporating quantitative factors and qualitative considerations in the calculation of the allowance for credit losses for collectively assessed loans. The model provides forecasts of PD and LGD based on national unemployment rates using regression analysis. The Company incorporates future economic conditions using a weighted multiple scenario approach: baseline and adverse. The Company applies a reasonable and supportable period of one year for the baseline scenario and two years for the adverse scenario, after which loss assumptions revert to historical loss information through a one-year reversion period for the baseline scenario and a two-year reversion period for the adverse scenario. Additionally, the Company aggregated loan portfolio based on similar risk characteristic. The Company elected to use the Call Report codes and loan risk ratings for loan segmentation in allowance for credit losses. The Company used the following assumptions in a sensitivity analysis of our allowance for credit losses: unemployment rate forecast based on supervisory severely adverse scenario, 0% prepayment rates, loan risk grade changes of commercial real estate and commercial and industrial loan portfolio in worst case scenario based on the Company history, and applying a 100% weighting to severely adverse scenario. The analysis demonstrates the sensitivity to the allowance for credit losses to key quantitative assumptions and it is not intended to estimate changes in the overall allowance for credit losses and it does not capture all the potential unknown variables that could arise in the forecast period, but it provides an approximation of a possible outcome under hypothetical severe conditions. In order to quantify the credit risk impact of other trends and changes within the loan portfolio, the Company utilizes qualitative adjustments to the modeled estimated loss approaches. Included in the qualitative portion of our analysis of the allowance for credit losses are key inputs including GDP, unemployment rates, interest rates, asset quality ratios, loan portfolio concentration, California house price index and commercial real estate price index. The parameters for making adjustments are established under a Credit Risk Matrix that provides different possible scenarios for each of the factors listed below. The Credit Risk Matrix and the possible scenarios enable the Bank to qualitatively adjust the loss rates. This matrix considers the following nine factors, which are patterned after the guidelines provided under the Federal Financial Institutions Examination Council Interagency Policy Statement on the Allowance for Credit Losses, updated to reflect the adoption of Current Expected Credit Losses: • Changes in lending policies and procedures, including changes in underwriting standards and practices for collection, charge-offs, and recoveries; • Actual and expected changes in national and local economic and business conditions and developments in which the institution operates that affect the collectivity of loans; • Changes in the nature and volume of the loan portfolio; • Changes in the experience, ability, and depth of lending management and staff; • Changes in the volume and severity of past due loans, the volume of nonaccrual loans, and the volume and severity of adversely classified loans; • Changes in the quality of the credit review function; • Changes in the value of the underlying collateral for loans that are not collateral-dependent; • The existence, growth, and effect of any concentrations of credit, and • The effect of other external factors, such as the regulatory, legal and technological environments; competition; and events such as natural disasters. The Company segments loans primarily by Call Report codes (collateral type) and loan risk ratings, considering that the same type of loans share considerable similar risk characteristics. For loans that do not share similar risk characteristics such as nonaccrual loans above $500 thousand, the Company evaluates these loans on an individual basis in accordance with ASC 326. Such nonaccrual loans are considered to have different risk profiles than performing loans and are therefore evaluated individually. The Company elected to collectively assess nonaccrual loans with balances below $500 thousand along with the performing and accrual loans, in order to reduce the operational burden of individually assessing small nonaccrual loans with immaterial balances. For individually assessed loans, the allowance for credit losses is measured using either 1) the present value of future cash flows discounted at the loan’s effective interest rate; or 2) the fair value of the collateral, if the loan is collateral-dependent. For the collateral-dependent loans, the Company obtains a new appraisal to determine the fair value of collateral. The appraisals are based on an “as-is” valuation. To ensure that appraised values remain current, the Company obtains updated appraisals every twelve months from a qualified independent appraiser. If the fair value of the collateral is less than the amortized balance of the loan, the Company recognizes an allowance for credit losses with a corresponding charge to the provision for credit losses. The Company maintains a separate allowance for credit losses for its off-balance sheet commitments. The Company uses an estimated funding rate to allocate an allowance to undrawn exposures. This funding rate is used as a credit conversion factor to capture how much undrawn lines of credit can potentially become drawn at any point. The funding rate is determined based on a look-back period of 8 quarters. Credit loss is not estimated for off-balance sheet commitments that are unconditionally cancellable by the Company.
Servicing Assets	Servicing Assets: When SBA loans are sold with servicing retained, servicing assets are initially recorded at fair value with the income statement effect recorded in gains on sales of loans. Fair value is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, prepayment speeds, and default rates and losses. The Company compares the valuation model inputs and results to published industry data in order to validate the model results and assumptions. Servicing assets are subsequently measured using the amortization method which requires servicing assets to be amortized into noninterest income in proportion to, and over the period of, the estimated future net servicing income of the underlying loans. Servicing assets are evaluated for impairment based upon the fair value of the assets as compared to their carrying amount. Impairment is recognized through a valuation allowance to the extent that fair value is less than the carrying amount. If the Company later determines that all or a portion of the impairment no longer exists, a reduction of the valuation allowance may be recorded as an increase to income. Changes in the valuation allowances are reported with other income on the income statement. The fair values of servicing rights are subject to fluctuations as a result of changes in estimated and actual prepayment speeds, default rates, and losses. Servicing fee income, which is reported on the income statement as other income, is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal and are recorded as income when earned. The amortization of servicing assets is netted against loan servicing fee income. Late fees and ancillary fees related to loan servicing are not material.
Company Owned Life Insurance	Company Owned Life Insurance: The Company has purchased life insurance policies on certain key executives. Company owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement.
Transfers of Financial Assets	Transfers of Financial Assets: Transfers of financial assets are accounted for as sales when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when the assets have been isolated from the Company, the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Premises and Equipment	Premises and Equipment: Premises and equipment are stated at cost, less accumulated depreciation. Equipment and furnishings are depreciated over 3 to 10 years, and leasehold improvements are amortized over the lesser of the terms of the respective leases or the estimated useful lives. The straight-line method of depreciation is used for financial reporting purposes. Repairs and maintenance are charged to operating expenses as incurred.
Loan Commitments and Related Financial Instruments	Loan Commitments and Related Financial Instruments: Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit, issued to meet customer financing needs. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded.
Low Income Housing Partnership Investments	Low Income Housing Partnership Investments: The Company records the low income housing partnership investments, net of amortization, using the proportional amortization method and the Company reports it to other assets on the Consolidated Balance Sheets. The Company recognizes tax credits in income tax expense on the Consolidated Statement of Income. The commitments to fund the low income housing partnership investments are also recorded and included to other liabilities on the Consolidated Balance Sheets. The Company utilizes the year to date tax credits on the Company’s income tax returns for the year.
Stock-Based Compensation	Stock-Based Compensation: Compensation cost is recognized for stock options and restricted stock awards issued to employees based on the fair value of the awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of the grant is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.
Earnings per Common Share	Earnings per Common Share: Basic and diluted earnings per share is based on the two-class method prescribed in ASC Topic 260, Earnings Per Share (ASC 260). Stock options and restricted stock awards are considered outstanding for this calculation unless unearned. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock-based compensation plans. Earnings and dividends per share are restated for all stock splits and stock dividends through the date of issuance of the financial statements.
Income Taxes	Income Taxes: Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized.
Comprehensive Income	Comprehensive Income: Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains and losses on available-for-sale ("AFS") debt securities, which are also recognized as separate components of shareholders’ equity, net of tax.
Loss Contingencies	Loss Contingencies: Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe there now are such matters that will have a material effect on the financial statements.
Fair Value of Financial Instruments	Fair Value of Financial Instruments: Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 13—Fair Value of Financial Instruments. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates.
Operating Segments	Operating Segments: While the chief decision-makers monitor the revenue streams of the various products and services, operations are managed and financial performance is evaluated on a Company-wide basis. Discrete financial information is not available other than on a Company-wide basis.
New Accounting Pronouncements Adopted and Recently Issued Accounting Pronouncements under Evaluation	New Accounting Pronouncements Adopted Financial Accounting Standards Board ("FASB") Accounting Standards Update ("ASU") 2016-13, Financial Instruments — Credit Losses (Topic 326) : Measurement of Credit Losses on Financial Instruments . The Company adopted ASU 2016-13 using a modified retrospective approach on January 1, 2023 without electing the fair value option on eligible financial instruments under ASU 2019-05. The Company replaced the current incurred loss accounting model with the Current Expected Credit Losses ("CECL") approach for financial instruments measured at amortized cost and other commitments to extend credit. CECL requires the immediate recognition of estimated credit losses expected to occur over the estimated remaining life of the asset. The forward-looking concept of CECL requires loss estimates to consider historical experience, current conditions and reasonable and supportable forecasts. FASB issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. ("ASU 2022-02") . ASU 2022-02 eliminates the accounting guidance for troubled debt restructurings in Accounting Standards Codification (“ASC”) Subtopic 310-40, Receivables - Troubled Debt Restructurings by Creditors, while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, ASU 2022-02 requires entities to disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of ASC Subtopic 326-20, Financial Instruments - Credit Losses - Measured at Amortized Cost. The Company adopted ASU 2022-02 on January 1, 2023, and the adoption of ASU 2022-02 did not have a significant impact on its consolidated financial statements. In March 2023, the FASB issued ASU 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method . This ASU permits reporting entities to elect to account for tax equity investments, regardless of the tax credit program for which the income tax credits are received, using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the income tax credits and other income tax benefits received and recognizes the net amortization and income tax credits and other income tax benefits in the income statement as a component of income tax expense. A reporting entity makes an accounting policy election to apply the proportional amortization method on a tax-credit-program-by-tax-credit-program basis rather than electing to apply the proportional amortization method at the reporting entity level or to individual investments. The Company adopted ASU 2023-02 on January 1, 2024, and the adoption did not have a material impact on its consolidated financial statements. Recently Issued Accounting Pronouncement under Evaluation In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures . This ASU amends the disclosure requirements for income taxes, including the requirement for further disaggregation of the income tax rate reconciliation and income taxes paid disclosures. The amendments in this guidance must be applied prospectively, with the option to apply retrospectively. This guidance is effective for fiscal years beginning after December 15, 2024. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and the adoption is not expected to have a significant impact on the consolidated financial statements. Loan Modifications to Borrowers Experiencing Financial Difficult: On January 1, 2023, the Company adopted ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” , which eliminated the accounting guidance for troubled debt restructurings (“TDRs”) while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. This guidance was applied on a prospective basis. Upon adoption of this guidance, the Company no longer establishes a specific reserve for modifications to borrowers experiencing financial difficulty, unless those loans do not share the same risk characteristics with other loans in the portfolio. Provided that is not the case, these modifications are included in their respective cohort and the allowance for credit losses is estimated on a pooled basis consistent with the other loans with similar risk characteristics.

Business and Basis of Present_3

Business and Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Schedule of Accounting Standards Update and Change in Accounting Principle	The following table illustrates the impact of ASU 2016-13: January 1, 2023, Adoption Date ($ in thousands) As Reported Pre-ASU 2016-13 Impact Assets: Loans: Commercial real estate $ 7,826 $ 6,951 $ 875 SBA—real estate 1,369 1,607 (238) SBA—non-real estate 65 207 (142) C&I 1,323 1,643 (320) Home mortgage 10,579 8,826 1,753 Consumer 3 7 (4) Allowance for credit losses on loans $ 21,165 $ 19,241 $ 1,924 Liabilities: Allowance for credit losses on off-balance sheet commitments $ 446 $ 262 $ 184

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost, Fair Value, and Corresponding Amounts of Gross Unrealized Gains and Losses for Available for Sale Securities	The following table summarizes the amortized cost, the corresponding amounts of gross unrealized gains and losses, and estimated fair value of available-for-sale ("AFS") debt securities as of December 31, 2023 and 2022: December 31, 2023 ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 48,318 $ — $ (4,441) $ 43,877 Residential collateralized mortgage obligations 162,142 67 (17,750) 144,459 Municipal securities - tax exempt 5,726 189 (1) 5,914 Total AFS debt securities $ 216,186 $ 256 $ (22,192) $ 194,250 December 31, 2022 ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 55,189 $ — $ (5,425) $ 49,764 Residential collateralized mortgage obligations 179,953 1 (19,909) 160,045 Total AFS debt securities $ 235,142 $ 1 $ (25,334) $ 209,809
Schedule of Amortized Cost and Estimated Fair Value of Securities Available for Sale by Contractual Maturity	The amortized cost and estimated fair value of AFS debt securities as of December 31, 2023, by contractual maturity, are shown below: ($ in thousands) Amortized Fair After one year through five years $ 1,334 $ 1,282 After five years through ten years 3,304 3,022 After ten years 211,548 189,946 Total AFS debt securities $ 216,186 $ 194,250
Schedule of Unrealized Losses on AFS Debt Securities	The following table presents the fair value and the associated gross unrealized losses on AFS debt securities by length of time those individual securities in each category have been in a continuous loss as of December 31, 2023 and 2022: December 31, 2023 Less Than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 6,488 $ (59) $ 37,389 $ (4,382) $ 43,877 $ (4,441) Residential collateralized mortgage obligations 25,439 (177) 105,963 (17,573) 131,402 (17,750) Municipal securities - tax exempt 1,842 (1) — — 1,842 (1) Total AFS debt securities $ 33,769 $ (237) $ 143,352 $ (21,955) $ 177,121 $ (22,192) December 31, 2022 Less Than 12 Months 12 Months or Longer Total ($ in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 26,347 $ (1,485) $ 23,417 $ (3,940) $ 49,764 $ (5,425) Residential collateralized mortgage obligations 81,320 (3,888) 71,604 (16,021) 152,924 (19,909) Total AFS debt securities $ 107,667 $ (5,373) $ 95,021 $ (19,961) $ 202,688 $ (25,334)
Schedule of Other Investments	The following table presents the other investment securities, which are included in Other investments on the Consolidated Balance Sheets as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 FHLB stock $ 12,528 $ 8,483 Pacific Coast Bankers Bank ("PCBB") stock 190 190 Mutual fund - Community Reinvestment Act ("CRA") qualified 3,463 3,330 Time deposits placed in other banks 95 95 Total other investments $ 16,276 $ 12,098

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses on Loans (Tables)	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Schedule of Composition of Loan Portfolio	The following table presents the composition of the loan portfolio as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Commercial real estate $ 885,585 $ 842,208 SBA—real estate 224,695 221,340 SBA—non-real estate 14,997 13,377 C&I 120,970 116,951 Home mortgage 518,024 482,949 Consumer 1,574 1,467 Gross loans receivable 1,765,845 1,678,292 Allowance for credit losses (21,993) (19,241) Loans receivable, net (1) $ 1,743,852 $ 1,659,051 (1) Includes net deferred loan costs and unamortized premiums of $140 thousand and $160 thousand as of December 31, 2023 and 2022, respectively. The following table represents the amortized cost basis of collateral-dependent loans by class of loans as of December 31, 2023, for which repayment is expected to be obtained through the sale of the underlying collateral. ($ in thousands) Hotel / Motel Single-Family Residential Total SBA—real estate $ 2,923 $ — $ 2,923 Home mortgage — 2,241 2,241 Total $ 2,923 $ 2,241 $ 5,164
Schedule of Activity in Allowance for Loan Losses by Portfolio Segment	The following table summarizes the activity in the allowance for credit losses on loans by portfolio segment for the years ended December 31, 2023, 2022 and 2021: ($ in thousands) Commercial Real Estate SBA— Real Estate SBA — Non- Real Estate C&I Home Mortgage Consumer Total Balance as of January 1, 2021 $ 8,505 $ 1,802 $ 278 $ 2,563 $ 2,185 $ 19 $ 15,352 Provision for (reversal of) loan losses (1) (355) 279 54 285 706 (10) 959 Charge-offs — (59) (136) — — — (195) Recoveries — — 3 — — 4 7 Balance as of December 31, 2021 8,150 2,022 199 2,848 2,891 13 16,123 Provision for (reversal of) loan losses (1) (1,199) (409) 66 (1,205) 5,935 (7) 3,181 Charge-offs — (14) (127) — — — (141) Recoveries — 8 69 — — 1 78 Balance as of December 31, 2022 6,951 1,607 207 1,643 8,826 7 19,241 Impact of CECL adoption 875 (238) (142) (320) 1,753 (4) 1,924 Provision for (reversal of) credit losses 723 321 73 (11) 466 10 1,582 Charge-offs (686) (46) (35) (97) — — (864) Recoveries 52 13 44 — — 1 110 Balance as of December 31, 2023 $ 7,915 $ 1,657 $ 147 $ 1,215 $ 11,045 $ 14 $ 21,993 (1) Excludes reversal of uncollectible accrued interest receivable of $205 thousand and $438 thousand for the year ended December 31, 2022 and 2021, respectively. The following table presents the allowance for credit losses on loans and recorded investment (not including accrued interest receivable) by portfolio segment and impairment methodology as of December 31, 2023 and 2022: ($ in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total As of December 31, 2023 Allowance for credit losses: Commercial real estate $ — $ 7,915 $ 7,915 SBA—real estate 355 1,302 1,657 SBA—non-real estate — 147 147 C&I — 1,215 1,215 Home mortgage — 11,045 11,045 Consumer — 14 14 Total $ 355 $ 21,638 $ 21,993 Loans (1) : Commercial real estate $ — $ 885,585 $ 885,585 SBA—real estate 2,923 221,772 224,695 SBA—non-real estate — 14,997 14,997 C&I — 120,970 120,970 Home mortgage 2,241 515,783 518,024 Consumer — 1,574 1,574 Total $ 5,164 $ 1,760,681 $ 1,765,845 As of December 31, 2022 Allowance for credit losses: Commercial real estate $ — $ 6,951 $ 6,951 SBA—real estate — 1,607 1,607 SBA—non-real estate — 207 207 C&I 279 1,364 1,643 Home mortgage — 8,826 8,826 Consumer — 7 7 Total $ 279 $ 18,962 $ 19,241 Loans (1) : Commercial real estate $ — $ 842,208 $ 842,208 SBA—real estate 423 220,917 221,340 SBA—non-real estate — 13,377 13,377 C&I 279 116,672 116,951 Home mortgage — 482,949 482,949 Consumer — 1,467 1,467 Total $ 702 $ 1,677,590 $ 1,678,292 (1) Excludes accrued interest receivables of $7.3 million and $6.4 million as of December 31, 2023 and 2022, respectively. The following table presents the recorded investment in impaired loans and the specific allowance for loan losses as of December 31, 2022. December 31, 2022 (1) ($ in thousands) Unpaid Principal Balance Recorded Recorded Related SBA—real estate $ 423 $ 423 $ — $ — C&I 279 — 279 279 Total $ 702 $ 423 $ 279 $ 279 (1) The difference between the unpaid principal balance (net of partial charge-offs) and the recorded investment in the loans was not considered to be material
Schedule of Recorded Investment in Nonaccrual Loans and Loans Past Due 90 or More Days and Still Accruing Interest by Portfolio Segment	The following table presents the recorded investment in nonaccrual loans and loans past due 90 or more days and still accruing interest, by portfolio as of December 31, 2023 and 2022: ($ in thousands) Nonaccrual Loans with a Related Allowance for Credit Losses Nonaccrual Loans without a Related Allowance for Credit Losses Total Nonaccrual Loans 90 or More Days Past Due & Still Accruing Total (1) As of December 31, 2023 SBA—real estate $ 2,302 $ 1,136 $ 3,438 $ — $ 3,438 SBA—non-real estate 154 — 154 — 154 Home mortgage 249 2,241 2,490 — 2,490 Total $ 2,705 $ 3,377 $ 6,082 $ — $ 6,082 As of December 31, 2022 SBA—real estate $ 423 $ — $ 423 SBA—non-real estate 51 — 51 C&I 279 — 279 Home mortgage 1,280 — 1,280 Total $ 2,033 $ — $ 2,033 (1) Excludes guaranteed portion of SBA loans of $2.0 million and $1.0 million as of December 31, 2023 and 2022 , respectively.
Schedule of Aging Analysis of Recorded Investment in Past Due Loans	The following table represents the aging analysis of the recorded investment in past due loans as of December 31, 2023 and 2022: ($ in thousands) 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due (1) Loans Not Past Due Total (2) As of December 31, 2023 Commercial real estate $ — $ — $ — $ — $ 885,585 $ 885,585 SBA—real estate 1,868 932 1,983 4,783 219,912 224,695 SBA—non-real estate 154 — — 154 14,843 14,997 C&I — — — — 120,970 120,970 Home mortgage 4,076 2,730 2,491 9,297 508,727 518,024 Consumer — — — — 1,574 1,574 Total $ 6,098 $ 3,662 $ 4,474 $ 14,234 $ 1,751,611 $ 1,765,845 As of December 31, 2022 Commercial real estate $ — $ — $ — $ — $ 842,208 $ 842,208 SBA—real estate 199 175 — 374 220,966 221,340 SBA—non-real estate 38 — 26 64 13,313 13,377 C&I — — — — 116,951 116,951 Home mortgage 1,707 1,522 342 3,571 479,378 482,949 Consumer — — — — 1,467 1,467 Total $ 1,944 $ 1,697 $ 368 $ 4,009 $ 1,674,283 $ 1,678,292 (1) Excludes guaranteed portion of SBA loans of $1.9 million and $924 thousand as of December 31, 2023 and 2022, respectively.. (2) Excludes accrued interest receivables of $7.3 million and $6.4 million as of December 31, 2023 and 2022, respectively.
Schedule of Financing Receivable, Modified	The following table presents the amortized cost of modified loans and the financial effects of the modification as of December 31, 2023 by loan class and modification type: Financial Effects of Loan Modification ($ in thousands) Payment Delay Term Extension Total Percentage to Each Loan Type Weighted-Average Payment Deferral (in years) Commercial real estate $ — $ 625 $ 625 0.07 % 1.0 SBA—real estate 5,378 — 5,378 2.39 % 0.8 SBA—non-real estate 131 — 131 0.87 % 0.2 Home mortgage 354 — 354 0.07 % 0.5 Total $ 5,863 $ 625 $ 6,488 The following table presents the performance of loans that were modified as of December 31, 2023 since the adoption of ASU 2022-02 on January 1, 2023: ($ in thousands) Current 30-89 Days Past Due > 90 Days Past Due Total Commercial real estate $ 625 $ — $ — $ 625 SBA—real estate 4,641 — 737 5,378 SBA—non-real estate 131 — — 131 Home mortgage 354 — — 354 Total $ 5,751 $ — $ 737 $ 6,488
Schedule of Credit Risk Ratings by Portfolio Segment	The following table presents the loan portfolio's amortized cost by loan type, risk rating and year of origination as of December 31, 2023: December 31, 2023 Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term Loans Total (1) ($ in thousands) 2023 2022 2021 2020 2019 Prior Commercial real estate Pass $ 97,114 $ 207,860 $ 154,872 $ 97,137 $ 138,908 $ 163,320 $ 21,059 $ — $ 880,270 Special mention — — — — — — — — — Substandard — 319 — — — 4,996 — — 5,315 Doubtful — — — — — — — — — Subtotal $ 97,114 $ 208,179 $ 154,872 $ 97,137 $ 138,908 $ 168,316 $ 21,059 $ — $ 885,585 Current period charge-offs $ — $ 457 $ 121 $ — $ 91 $ 17 $ — $ — $ 686 SBA— real estate Pass $ 31,920 $ 44,504 $ 26,188 $ 22,732 $ 28,244 $ 64,442 $ — $ — $ 218,030 Special mention — — — — — 1,428 — — 1,428 Substandard — 1,787 1,079 1,136 — 1,235 — — 5,237 Doubtful — — — — — — — — — Subtotal $ 31,920 $ 46,291 $ 27,267 $ 23,868 $ 28,244 $ 67,105 $ — $ — $ 224,695 Current period charge-offs $ — $ — $ 46 $ — $ — $ — $ — $ — $ 46 SBA—non-real estate Pass $ 5,408 $ 2,584 $ 200 $ 1,556 $ 950 $ 3,423 $ — $ — $ 14,121 Special mention — — — — — — — — — Substandard — 591 — — — 187 — — 778 Doubtful — — — — — 98 — — 98 Subtotal $ 5,408 $ 3,175 $ 200 $ 1,556 $ 950 $ 3,708 $ — $ — $ 14,997 Current period charge-offs $ — $ — $ — $ — $ — $ 35 $ — $ — $ 35 C&I Pass $ 15,117 $ 17,939 $ 22,098 $ 4,695 $ 1,720 $ 1,734 $ 55,106 $ 2,561 $ 120,970 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 15,117 $ 17,939 $ 22,098 $ 4,695 $ 1,720 $ 1,734 $ 55,106 $ 2,561 $ 120,970 Current period charge-offs $ 17 $ — $ 80 $ — $ — $ — $ — $ — $ 97 Home mortgage Pass $ 72,182 $ 304,346 $ 79,585 $ 18,634 $ 8,939 $ 31,848 $ — $ — $ 515,534 Special mention — — — — — — — — — Substandard — 2,241 249 — — — — — 2,490 Doubtful — — — — — — — — — Subtotal $ 72,182 $ 306,587 $ 79,834 $ 18,634 $ 8,939 $ 31,848 $ — $ — $ 518,024 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Consumer Pass $ 4 $ — $ — $ — $ 77 $ — $ 1,493 $ — $ 1,574 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 4 $ — $ — $ — $ 77 $ — $ 1,493 $ — $ 1,574 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Total loans Pass $ 221,745 $ 577,233 $ 282,943 $ 144,754 $ 178,838 $ 264,767 $ 77,658 $ 2,561 $ 1,750,499 Special mention — — — — — 1,428 — — 1,428 Substandard — 4,938 1,328 1,136 — 6,418 — — 13,820 Doubtful — — — — — 98 — — 98 Subtotal $ 221,745 $ 582,171 $ 284,271 $ 145,890 $ 178,838 $ 272,711 $ 77,658 $ 2,561 $ 1,765,845 Current period charge-offs $ 17 $ 457 $ 247 $ — $ 91 $ 52 $ — $ — $ 864 (1) Excludes accrued interest receivables The following table presents the loan portfolio's amortized cost by loan type and risk rating of as of December 31, 2022: ($ in thousands) Pass Special Mention Substandard Doubtful Total (1) Commercial real estate $ 841,645 $ 563 $ — $ — $ 842,208 SBA—real estate 220,348 — 992 — 221,340 SBA—non-real estate 12,897 — 480 — 13,377 C&I 116,396 — 279 276 116,951 Home mortgage 481,669 — 1,280 — 482,949 Consumer 1,467 — — — 1,467 Total $ 1,674,422 $ 563 $ 3,031 $ 276 $ 1,678,292 (1) Excludes accrued interest receivables

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	The following table presents information regarding the premises and equipment as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Leasehold improvements $ 9,135 $ 7,998 Furniture and fixtures 4,814 3,983 Equipment and others 3,504 3,288 Total premises and equipment 17,453 15,269 Accumulated depreciation (12,205) (10,869) Total premises and equipment, net $ 5,248 $ 4,400

Servicing Assets (Tables)

Servicing Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Servicing Asset [Abstract]
Schedule of Activity for Loan Servicing Assets	The following table presents an analysis of the changes in activity for loan servicing assets during the years ended December 31, 2023 and 2022: Year Ended December 31, ($ in thousands) 2023 2022 Beginning balance $ 12,759 $ 12,720 Additions from loans sold with servicing retained 3,400 4,424 Amortized to expense (4,418) (4,385) Ending balance $ 11,741 $ 12,759

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Schedule of Lease Cost	The table below summarizes total lease cost for the periods indicated : Year Ended December 31, ($ in thousands) 2023 2022 Operating lease cost $ 2,280 $ 2,046 Variable lease cost 844 859 Total lease cost $ 3,124 $ 2,905
Schedule of Other Information Related to Operating Leases	The tables below summarize other information related to the Company’s operating leases as of the associated period: Year Ended December 31, ($ in thousands) 2023 2022 Operating right-of-use assets $ 8,497 $ 9,097 Operating lease liabilities 9,341 10,213 Weighted average remaining lease term - operating leases 5.5 years 6.3 years Weighted average discount rate - operating leases 2.47 % 2.44 % Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 2,511 $ 2,253
Schedule of Remaining Contractually Obligated Lease Payments and Reconciliation to Lease liability	The table below summarizes the remaining contractually obligated lease payments and a reconciliation to the lease liability reported on the Consolidated Balance Sheets as of December 31, 2023: ($ in thousands) 2024 $ 2,586 2025 1,724 2026 2,085 2027 2,007 2028 1,598 Thereafter 1,925 Total lease payments 11,925 Discount to present value (2,584) Total lease liability $ 9,341

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2023
Deposits [Abstract]
Schedule of Maturities of Time Deposits	The following table presents the scheduled contractual maturities of time deposits as of December 31, 2023: ($ in thousands) 2024 $ 841,257 2025 26,563 2026 17,389 2027 325 2028 and thereafter 255 Total $ 885,789

Borrowing Arrangements (Tables)

Borrowing Arrangements (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of Borrowings Available to the Company from Institutions	The Company had available borrowing capacity from the following institutions as of December 31, 2023: ($ in thousands) FHLB $ 363,615 Federal Reserve Bank 182,989 Pacific Coast Bankers Bank 50,000 Zions Bank 25,000 First Horizon Bank 25,000 Total $ 646,604

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense	The following table presents the components of income taxes expense (benefit) for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, ($ in thousands) Year Ended 2023 2022 2021 Current income tax expense: Federal $ 6,238 $ 7,959 $ 9,243 State 3,332 4,374 4,885 Total current income tax expense 9,570 12,333 14,128 Deferred income tax expense (benefit): Federal 217 783 (1,614) State (214) 298 (698) Total deferred income tax expense (benefit) 3 1,081 (2,312) Total income tax expense $ 9,573 $ 13,414 $ 11,816
Schedule of Effective Tax Rates Differ from Federal Statutory Rates	The following table presents a reconciliation of the applicable statutory U.S. federal income tax rate to the effective tax rate for the periods indicated: Year Ended December 31, 2023 2022 2021 Federal statutory income tax rate 21.0 % 21.0 % 21.0 % Increase (decrease) in tax rate resulting from: Meals and entertainment 0.2 — — State income taxes, net of federal tax benefit 8.0 8.4 8.5 Stock option expense and related excess tax benefits 0.1 — 0.1 Company owned life insurance (0.4) (0.2) (0.1) Other, net (0.3) (0.5) (0.4) Effective tax rate 28.6 % 28.7 % 29.1 %
Schedule of Net Deferred Tax Assets Included in Statement of Financial Position	The significant components of deferred tax assets and liabilities are reflected in the following table: December 31, ($ in thousands) 2023 2022 Deferred tax assets: Organizational costs $ 18 $ 20 Allowance for credit losses 6,502 5,688 Loans held for sale — 852 Stock-based compensation 509 386 Accrued compensation 302 272 Lease liability 2,762 3,019 State taxes 675 989 Net unrealized loss on AFS debt securities 6,485 7,491 Nonaccrual loan interest income 224 46 Other 279 77 Total deferred tax assets 17,756 18,840 Deferred tax liabilities: Loan origination costs (1,110) (1,407) Depreciation (553) (423) Right of use asset (2,512) (2,689) Other (272) (5) Total deferred tax liabilities (4,447) (4,524) Net deferred tax asset $ 13,309 $ 14,316

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of Distribution of Undisbursed Loan Commitments	The following table presents the distribution of undisbursed credit-related commitments as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Loan commitments $ 257,626 $ 265,110 Standby letter of credit 6,707 5,286 Commercial letter of credit 22 451 Total undisbursed credit related commitments $ 264,355 $ 270,847
Schedule of Balance and Total Unfunded Commitments Related to Investment in Low Income Housing Partnerships	The following table shows the balance of the investments in low-income housing partnerships and the total unfunded commitments related to the investments in low-income housing partnerships as of December 31, 2023 and 2022: December 31, ($ in thousands) 2023 2022 Investments in low-income housing partnerships $ 16,887 $ 12,212 Unfunded commitments to fund investments for low-income housing partnerships 11,905 8,748

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Stock-based Compensation Stock Options Activity	A summary of the transactions under the 2005 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Number of Weighted Aggregate Outstanding, as of January 1, 2023 30,000 $ 6.18 $ 149 Options granted — — Options exercised (30,000) 6.18 Options forfeited — — Options expired — — Outstanding, as of December 31, 2023 — $ — $ — Fully vested and expected to vest — $ — $ — Vested — $ — $ — A summary of the stock options outstanding under the 2010 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Number of Weighted Aggregate Outstanding, as of January 1, 2023 150,000 $ 8.00 $ 474 Options granted — — Options exercised (90,000) 8.00 Options forfeited — — Options expired — — Outstanding, as of December 31, 2023 60,000 $ 8.00 $ 177 Fully vested and expected to vest 60,000 $ 8.00 $ 177 Vested 60,000 $ 8.00 $ 177
Schedule of Information Related to Stock Option Plan	Information related to stock options exercised under the 2005 Plan for the periods indicated follows: Year Ended December 31, ($ in thousands) 2023 2022 2021 Intrinsic value of options exercised $ 86 $ 113 $ 231 Cash received from option exercises 128 128 64 Tax benefit realized from option exercised 2 2 27 Information related to stock options exercised under the 2010 Plan for the periods indicated follows: Year Ended December 31, ($ in thousands) 2023 2022 2021 Intrinsic value of options exercised $ 186 $ 224 $ 86 Cash received from option exercises 720 480 25 Tax provision realized from option exercised (3) — —
Schedule of Changes in Non-vested Restricted Stock Awards	A summary of the changes in the Company's non-vested restricted stock awards under the 2010 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Shares Issued Weighted Average Grant Date Fair Value Aggregate Non-vested, as of January 1, 2023 14,500 $ 8.66 $ 162 Awards granted — — Awards vested (4,500) 6.37 Awards forfeited — — Non-vested, as of December 31, 2023 10,000 $ 9.69 $ 110 A summary of the changes in the Company’s non-vested restricted stock awards under the 2021 Plan for the year ended December 31, 2023 is as follows: ($ in thousands, except share data) Shares Issued Weighted Aggregate Non-vested, as of January 1, 2023 317,366 $ 11.60 $ 3,542 Awards granted 36,280 8.35 Awards vested (67,295) 10.33 Awards forfeited (7,500) 12.90 Non-vested, as of December 31, 2023 278,851 $ 11.45 $ 3,053
Schedule of Share Based Compensation Arrangement Information Related to Plan	Information related to vested restricted stock awards under the 2010 Plan for the periods indicated follows: Year Ended December 31, 2023 2022 2021 Tax benefit (provision) realized from awards vested $ 4 $ — $ (85) Information related to vested restricted stock awards under the 2021 Plan for the periods indicated follows: Year Ended December 31, ($ in thousands) 2023 2022 2021 Tax benefit (provision) realized from awards vested $ (34) $ 12 $ —

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis as of December 31, 2023 and 2022 are summarized below: Fair Value Measure on a Recurring Basis ($ in thousands) Total Quoted Significant Other Significant December 31, 2023 U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 43,877 $ — $ 43,877 $ — Residential collateralized mortgage obligations 144,459 — 144,459 — Municipal securities - tax exempt 5,914 — 5,914 — Other investments: Mutual fund - CRA qualified 3,463 3,463 — — December 31, 2022 U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 49,764 $ — $ 49,764 $ — Residential collateralized mortgage obligations 160,045 — 160,045 — Other investments: Mutual fund - CRA qualified 3,330 3,330 — —
Schedule of Fair Value Hierarchy and Fair Value of Assets that Were Still Held and Had Fair Value Adjustments Measured On a Nonrecurring Basis	The following table presents the fair value hierarchy and fair value of assets that were still held and had fair value adjustments measured on a nonrecurring basis as of December 31, 2023 and 2022: Fair Value Measure on a Nonrecurring Basis ($ in thousands) Total Quoted Significant Other Significant December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 $ — $ — $ 1,432 Total $ 1,432 $ — $ — $ 1,432 December 31, 2022 Impaired loans: SBA—real estate $ 423 $ — $ — $ 423 Total $ 423 $ — $ — $ 423 Total
Schedule of Increase (Decrease) In Value of Certain Assets Held at End of Respective Reporting Periods Presented for Which a Nonrecurring Fair Value Adjustment	The following table presents the increase (decrease) in value of certain assets held at the end of the respective reporting periods presented for which a nonrecurring fair value adjustment was recognized during the period presented: Year Ended December 31, ($ in thousands) 2023 2022 2021 Collateral-dependent loans: SBA—real estate $ — $ 28 $ 105 Total $ — $ 28 $ 105
Schedule of Information about Significant Unobservable Inputs Utilized in Company's Nonrecurring Level 3 Fair Value Measurements	The following table presents information about significant unobservable inputs utilized in the Company’s nonrecurring Level 3 fair value measurements as of December 31, 2023 and 2022: ($ in thousands) Fair Value Valuation Unobservable Range of Weighted- Average of Inputs (1) December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 Income approach - income capitalization Capitalization rate 9.3% to 11.0% 9.9% December 31, 2022 Impaired loans: SBA—real estate $ 423 Income approach - income capitalization Capitalization rate 11.5% 11.5% (1) Weighted-average of inputs is based on the relative fair value of the respective assets as of December 31, 2023 and 2022.
Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments Not Carried at Fair Value	Financial Instruments : The carrying amounts and estimated fair values of financial instruments that are not carried at fair value on a recurring basis as of December 31, 2023 and 2022 are as follows. These financial assets and liabilities are measured at amortized cost basis on the Company’s Consolidated Balance Sheets: December 31, 2023 ($ in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and cash equivalents $ 91,216 $ 91,216 $ — $ — $ 91,216 Loans receivable, net 1,743,852 — — 1,793,258 1,793,258 Accrued interest receivable, net 8,259 69 859 7,331 8,259 Other investments: FHLB and PCBB stock 12,718 N/A N/A N/A N/A Time deposits placed 95 — 95 — 95 Servicing assets 11,741 — — 17,218 17,218 Financial liabilities: Deposits 1,807,558 — 1,808,444 — 1,808,444 FHLB advances 105,000 — 104,231 — 104,231 Accrued interest payable 12,628 — 12,628 — 12,628 December 31, 2022 ($ in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and cash equivalents $ 82,972 $ 82,972 $ — $ — $ 82,972 Loans held for sale 44,335 — 47,217 — 47,217 Loans receivable, net 1,659,051 — — 1,626,036 1,626,036 Accrued interest receivable, net 7,180 51 716 6,413 7,180 Other investments: FHLB and PCBB stock 8,673 N/A N/A N/A N/A Time deposits placed 95 — 95 — 95 Servicing assets 12,759 — — 16,845 16,845 Financial liabilities: Deposits 1,885,771 — 1,880,508 — 1,880,508 Accrued interest payable 2,771 — 2,771 — 2,771

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	12 Months Ended
	Dec. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Actual and Required Capital Amounts and Ratios, Exclusive of Capital Conservation Buffer	The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated: December 31, 2023 Actual (1) Required for Minimum ($ in thousands) Amount Ratio Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Consolidated $ 229,544 13.77 % N/A N/A N/A N/A Bank 227,773 13.66 $ 133,353 8.00 % $ 166,691 10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 208,707 12.52 N/A N/A N/A N/A Bank 206,936 12.41 100,014 6.00 133,353 8.00 Common equity Tier 1 capital (to risk-weighted Consolidated 208,707 12.52 N/A N/A N/A N/A Bank 206,936 12.41 75,011 4.50 108,349 6.50 Tier 1 capital (to average assets) Consolidated 208,707 9.57 N/A N/A N/A N/A Bank 206,936 9.49 87,207 4.00 109,008 5.00 (1) The capital requirements are only applicable to the Bank, and the Company's ratios are included for comparison purpose. December 31, 2022 Actual (1) Required for Minimum ($ in thousands) Amount Ratio Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Consolidated $ 213,862 13.06 % N/A N/A N/A N/A Bank 211,981 12.94 $ 131,020 8.00 % $ 163,775 10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 194,358 11.87 N/A N/A N/A N/A Bank 192,477 11.75 98,265 6.00 131,020 8.00 Common equity Tier 1 capital (to risk-weighted Consolidated 194,358 11.87 N/A N/A N/A N/A Bank 192,477 11.75 73,699 4.50 106,454 6.50 Tier 1 capital (to average assets) Consolidated 194,358 9.38 N/A N/A N/A N/A Bank 192,477 9.29 82,836 4.00 103,545 5.00 (1) The capital requirements are only applicable to the Bank, and the Company's ratios are included for comparison purpose.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Share	The following table presents the calculation of net income applicable to common stockholders and basic and diluted EPS for the years ended December 31, 2023, 2022 and 2021: Year Ended December 31, ($ in thousands, except share and per share data) 2023 2022 2021 Basic Net income $ 23,918 $ 33,310 $ 28,840 Distributed and undistributed earnings allocated to participating securities (476) (704) (330) Net income allocated to common shares $ 23,442 $ 32,606 $ 28,510 Weighted average common shares outstanding 15,149,597 15,171,240 15,087,686 Basic earnings per common share $ 1.55 $ 2.15 $ 1.89 Diluted Net income allocated to common shares $ 23,442 $ 32,606 $ 28,510 Weighted average common shares outstanding for basic earnings per common share 15,149,597 15,171,240 15,087,686 Add: Dilutive effects of assumed exercises of stock options 9,260 60,178 67,661 Average shares and dilutive potential common shares 15,158,857 15,231,418 15,155,347 Diluted earnings per common share $ 1.55 $ 2.14 $ 1.88

Parent Company Condensed Fina_2

Parent Company Condensed Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]
Schedule of Condensed Balance Sheets	The following tables present the Parent Company-only condensed financial statements: Condensed Balance Sheets December 31, ($ in thousands) 2023 2022 Assets Cash and cash equivalents $ 1,653 $ 1,559 Investment in bank subsidiary 190,855 175,035 Deferred tax assets — 21 Other assets 177 301 Total assets $ 192,685 $ 176,916 Liabilities and shareholders' equity Other liabilities $ 59 $ — Shareholders’ equity 192,626 176,916 Total liabilities and shareholders' equity $ 192,685 $ 176,916
Schedule of Condensed Statements of Income and Comprehensive Income	Condensed Statements of Income and Comprehensive Income Year Ended December 31, ($ in thousands) 2023 2022 2021 Income Dividends from bank subsidiary $ 11,789 $ 6,675 $ 5,123 Expense Salaries and employee benefits 227 219 226 Occupancy and equipment 49 49 65 FDIC insurance and regulatory assessments — — 8 Directors’ fees 228 214 135 Other expense 445 395 169 Total expense 949 877 603 Income before income tax benefit and undistributed net income of bank subsidiary 10,840 5,798 4,520 Income tax benefit 252 202 141 Equity in undistributed net income of bank subsidiary 12,826 27,310 24,178 Net income 23,918 33,310 28,839 Other comprehensive income (loss), net of tax 2,392 (16,646) (2,037) Comprehensive income $ 26,310 $ 16,664 $ 26,802
Schedule of Condensed Statements of Cash Flows	Condensed Statements of Cash Flows Year Ended December 31, ($ in thousands) 2023 2022 2021 Cash flows from operating activities Net income $ 23,918 $ 33,310 $ 28,839 Adjustments: Equity in undistributed net loss of bank subsidiary (24,615) (33,985) (29,301) Change in other assets 145 (164) (124) Change in other liabilities 59 (33) (414) Net cash used in operating activities (493) (872) (1,000) Cash flows from investing activities Net cash from investing activities — — — Cash flows from financing activities Repurchase of common stock (3,934) — (28) Cash dividend paid on common stock (7,269) (6,674) (5,132) Proceeds from subsidiaries 11,789 6,675 5,123 Net cash provided by (used in) financing activities 586 1 (37) Net change in cash and cash equivalents 93 (871) (1,037) Cash and cash equivalents at beginning of year 1,560 2,431 3,468 Cash and cash equivalents at end of year $ 1,653 $ 1,560 $ 2,431

Business and Basis of Present_4

Business and Basis of Presentation - Additional Information (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) factor	Dec. 31, 2022 USD ($)	Jan. 01, 2023 USD ($)
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Historical loss of reversion period, baseline scenario	1 year
Historical loss of reversion period, adverse scenario	2 years
Number of matrix factors | factor	9
Non accrual loan	$ 500,000
Assess nonaccrual loans	500,000
Interest and/or penalties related to income tax matters	0	$ 0
Allowance for credit losses on off-balance sheet commitments			$ 446,000
Decrease to retained earnings	$ (120,855,000)	$ (105,690,000)
Impact
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Allowance for credit losses on off-balance sheet commitments			184,000
Impact | Accounting Standards Update 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Accounts receivable, allowance for credit loss			1,900,000
Allowance for credit losses on off-balance sheet commitments			184,000
Deferred tax assets			624,000
Decrease to retained earnings			$ 1,500,000
Minimum | Equipment and Furnishings
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Equipment and furnishings, useful lives	3 years
Maximum | Equipment and Furnishings
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Equipment and furnishings, useful lives	10 years
Open Bank | OP Bancorp
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Percentage of voting equity interests acquired	100%

Business and Basis of Present_5

Business and Basis of Presentation - Schedule of New Accounting Pronouncements Adopted (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Allowance for credit losses on loans	$ 21,993	$ 21,165	$ 19,241	$ 16,123	$ 15,352
Liabilities
Allowance for credit losses on off-balance sheet commitments		446
Real Estate | Commercial real estate
ASSETS
Allowance for credit losses on loans		7,826
Real Estate | SBA—real estate
ASSETS
Allowance for credit losses on loans		1,369
SBA—non-real estate
ASSETS
Allowance for credit losses on loans	147	65	207	199	278
C&I
ASSETS
Allowance for credit losses on loans	1,215	1,323	1,643	2,848	2,563
Home mortgage
ASSETS
Allowance for credit losses on loans	11,045	10,579	8,826	2,891	2,185
Consumer
ASSETS
Allowance for credit losses on loans	$ 14	3	$ 7	$ 13	$ 19
Pre-ASU 2016-13
ASSETS
Allowance for credit losses on loans		19,241
Liabilities
Allowance for credit losses on off-balance sheet commitments		262
Pre-ASU 2016-13 | Real Estate | Commercial real estate
ASSETS
Allowance for credit losses on loans		6,951
Pre-ASU 2016-13 | Real Estate | SBA—real estate
ASSETS
Allowance for credit losses on loans		1,607
Pre-ASU 2016-13 | SBA—non-real estate
ASSETS
Allowance for credit losses on loans		207
Pre-ASU 2016-13 | C&I
ASSETS
Allowance for credit losses on loans		1,643
Pre-ASU 2016-13 | Home mortgage
ASSETS
Allowance for credit losses on loans		8,826
Pre-ASU 2016-13 | Consumer
ASSETS
Allowance for credit losses on loans		7
Impact
ASSETS
Allowance for credit losses on loans		1,924
Liabilities
Allowance for credit losses on off-balance sheet commitments		184
Impact | Real Estate | Commercial real estate
ASSETS
Allowance for credit losses on loans		875
Impact | Real Estate | SBA—real estate
ASSETS
Allowance for credit losses on loans		(238)
Impact | SBA—non-real estate
ASSETS
Allowance for credit losses on loans		(142)
Impact | C&I
ASSETS
Allowance for credit losses on loans		(320)
Impact | Home mortgage
ASSETS
Allowance for credit losses on loans		1,753
Impact | Consumer
ASSETS
Allowance for credit losses on loans		$ (4)

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost, Fair Value, and Corresponding Amounts of Gross Unrealized Gains and Losses for Available for Sale Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Securities [Line Items]
Amortized Cost	$ 216,186	$ 235,142
Gross Unrealized Gain	256	1
Gross Unrealized Loss	(22,192)	(25,334)
Fair Value	194,250	209,809
Residential mortgage-backed securities
Securities [Line Items]
Amortized Cost	48,318	55,189
Gross Unrealized Gain	0	0
Gross Unrealized Loss	(4,441)	(5,425)
Fair Value	43,877	49,764
Residential collateralized mortgage obligations
Securities [Line Items]
Amortized Cost	162,142	179,953
Gross Unrealized Gain	67	1
Gross Unrealized Loss	(17,750)	(19,909)
Fair Value	144,459	$ 160,045
Municipal securities - tax exempt
Securities [Line Items]
Amortized Cost	5,726
Gross Unrealized Gain	189
Gross Unrealized Loss	(1)
Fair Value	$ 5,914

Securities - Additional Informa

Securities - Additional Information (Details)	3 Months Ended		12 Months Ended
	Dec. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($)	Dec. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($)
Securities [Line Items]
Proceeds from sale of available-for-sale securities	$ 0	$ 0	$ 0	$ 0
Number of securities | loan	86		86
Number of securities in unrealized loss position | loan	82		82
Debt securities issued by US government sponsored agencies (percent)	97%		97%
Debt securities that are tax exempt municipal securities (percent)	3%		3%
Equity investment in mutual fund with readily determinable fair value	$ 3,500,000	3,300,000	$ 3,500,000	3,300,000
Unrealized holding gain (losses) of mutual fund			48,000	(431,000)
Collateral Pledged
Securities [Line Items]
Number of securities pledged as collateral	$ 0	$ 0	$ 0	$ 0

Securities - Schedule of Amor_2

Securities - Schedule of Amortized Cost and Estimated Fair Value of Securities Available for Sale by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Amortized Cost
After one year through five years	$ 1,334
After five years through ten years	3,304
After ten years	211,548
Amortized Cost	216,186	$ 235,142
Fair Value
After one year through five years	1,282
After five years through ten years	3,022
After ten years	189,946
Fair Value	$ 194,250	$ 209,809

Securities - Schedule of Unreal

Securities - Schedule of Unrealized Losses on AFS Debt Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Securities [Line Items]
Fair value, less than 12 months	$ 33,769	$ 107,667
Unrealized losses, less than 12 months	(237)	(5,373)
Fair value, 12 months or longer	143,352	95,021
Unrealized losses, 12 months or longer	(21,955)	(19,961)
Total fair value	177,121	202,688
Total unrealized losses	(22,192)	(25,334)
Residential mortgage-backed securities
Securities [Line Items]
Fair value, less than 12 months	6,488	26,347
Unrealized losses, less than 12 months	(59)	(1,485)
Fair value, 12 months or longer	37,389	23,417
Unrealized losses, 12 months or longer	(4,382)	(3,940)
Total fair value	43,877	49,764
Total unrealized losses	(4,441)	(5,425)
Residential collateralized mortgage obligations
Securities [Line Items]
Fair value, less than 12 months	25,439	81,320
Unrealized losses, less than 12 months	(177)	(3,888)
Fair value, 12 months or longer	105,963	71,604
Unrealized losses, 12 months or longer	(17,573)	(16,021)
Total fair value	131,402	152,924
Total unrealized losses	(17,750)	$ (19,909)
Municipal securities - tax exempt
Securities [Line Items]
Fair value, less than 12 months	1,842
Unrealized losses, less than 12 months	(1)
Fair value, 12 months or longer	0
Unrealized losses, 12 months or longer	0
Total fair value	1,842
Total unrealized losses	$ (1)

Securities - Schedule of Other

Securities - Schedule of Other Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Securities [Line Items]
Mutual fund - Community Reinvestment Act ("CRA") qualified	$ 3,500	$ 3,300
Other Investments
Securities [Line Items]
FHLB stock	12,528	8,483
Pacific Coast Bankers Bank ("PCBB") stock	190	190
Mutual fund - Community Reinvestment Act ("CRA") qualified	3,463	3,330
Time deposits placed in other banks	95	95
Total other investments	$ 16,276	$ 12,098

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses on Loans - Schedule of Composition of Loan Portfolio (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	$ 1,765,845		$ 1,678,292
Allowance for credit losses	(21,993)	$ (21,165)	(19,241)	$ (16,123)	$ (15,352)
Loans receivable, net	1,743,852		1,659,051
Deferred loan fees, unamortized premiums and unaccreted (discounts)	140		160
Real Estate | Commercial real estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	885,585		842,208
Allowance for credit losses		(7,826)
Real Estate | SBA—real estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	224,695		221,340
Allowance for credit losses		(1,369)
SBA—non-real estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	14,997		13,377
Allowance for credit losses	(147)	(65)	(207)	(199)	(278)
C&I
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	120,970		116,951
Allowance for credit losses	(1,215)	(1,323)	(1,643)	(2,848)	(2,563)
Home mortgage
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	518,024		482,949
Allowance for credit losses	(11,045)	(10,579)	(8,826)	(2,891)	(2,185)
Consumer
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	1,574		1,467
Allowance for credit losses	$ (14)	$ (3)	$ (7)	$ (13)	$ (19)

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses on Loans - Additional Information (Details) - USD ($)	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans And Leases Receivable Disclosure [Line Items]
Loans	$ 1,743,852,000		$ 1,659,051,000
Collateral dependent loans	1,765,845,000		1,678,292,000
Allowance for credit losses on loans	21,993,000	$ 21,165,000	19,241,000	$ 16,123,000	$ 15,352,000
Loan Borrowing
Loans And Leases Receivable Disclosure [Line Items]
Loans	0		$ 0
Collateralized Debt Obligations
Loans And Leases Receivable Disclosure [Line Items]
Collateral dependent loans	5,200,000
Allowance for credit losses on loans	$ 355,000

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses on Loans - Schedule of Activity in Allowance for Credit Losses on Loans by Portfolio Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Analysis of allowance for loan losses
Beginning balance	$ 19,241	$ 16,123	$ 15,352
Impact of CECL adoption	1,924
Provision for (reversal of) credit losses	1,582	3,181	959
Charge-offs	(864)	(141)	(195)
Recoveries	110	78	7
Ending balance	21,993	19,241	16,123
Provision for credit losses	(1,651)	(2,976)	(522)
Uncollectible Accrued Interest Receivable
Analysis of allowance for loan losses
Provision for credit losses		(205)	(438)
Commercial Real Estate
Analysis of allowance for loan losses
Beginning balance	6,951	8,150	8,505
Impact of CECL adoption	875
Provision for (reversal of) credit losses	723	(1,199)	(355)
Charge-offs	(686)	0	0
Recoveries	52	0	0
Ending balance	7,915	6,951	8,150
SBA—real estate
Analysis of allowance for loan losses
Beginning balance	1,607	2,022	1,802
Impact of CECL adoption	(238)
Provision for (reversal of) credit losses	321	(409)	279
Charge-offs	(46)	(14)	(59)
Recoveries	13	8	0
Ending balance	1,657	1,607	2,022
SBA—non-real estate
Analysis of allowance for loan losses
Beginning balance	207	199	278
Impact of CECL adoption	(142)
Provision for (reversal of) credit losses	73	66	54
Charge-offs	(35)	(127)	(136)
Recoveries	44	69	3
Ending balance	147	207	199
C&I
Analysis of allowance for loan losses
Beginning balance	1,643	2,848	2,563
Impact of CECL adoption	(320)
Provision for (reversal of) credit losses	(11)	(1,205)	285
Charge-offs	(97)	0	0
Recoveries	0	0	0
Ending balance	1,215	1,643	2,848
Home mortgage
Analysis of allowance for loan losses
Beginning balance	8,826	2,891	2,185
Impact of CECL adoption	1,753
Provision for (reversal of) credit losses	466	5,935	706
Charge-offs	0	0	0
Recoveries	0	0	0
Ending balance	11,045	8,826	2,891
Consumer
Analysis of allowance for loan losses
Beginning balance	7	13	19
Impact of CECL adoption	(4)
Provision for (reversal of) credit losses	10	(7)	(10)
Charge-offs	0	0	0
Recoveries	1	1	4
Ending balance	$ 14	$ 7	$ 13

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses on Loans - Schedule of Allowance for Credit Losses on Loans and Recorded Investment by Portfolio Segment and Impairment Methodology (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loans Individually Evaluated for Impairment	$ 355		$ 279
Allowance for Loan Collectively Evaluated for Impairment	21,638		18,962
Allowance for loan losses, Total	21,993	$ 21,165	19,241	$ 16,123	$ 15,352
Loans Individually Evaluated for Impairment	5,164		702
Loans Collectively Evaluated for Impairment	1,760,681		1,677,590
Total	1,765,845		1,678,292
Accrued interest receivable	7,300		6,400
Commercial Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loans Individually Evaluated for Impairment	0		0
Allowance for Loan Collectively Evaluated for Impairment	7,915		6,951
Allowance for loan losses, Total	7,915		6,951	8,150	8,505
Loans Individually Evaluated for Impairment	0		0
Loans Collectively Evaluated for Impairment	885,585		842,208
Total	885,585		842,208
SBA—real estate
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loans Individually Evaluated for Impairment	355		0
Allowance for Loan Collectively Evaluated for Impairment	1,302		1,607
Allowance for loan losses, Total	1,657		1,607	2,022	1,802
Loans Individually Evaluated for Impairment	2,923		423
Loans Collectively Evaluated for Impairment	221,772		220,917
Total	224,695		221,340
SBA—non-real estate
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loans Individually Evaluated for Impairment	0		0
Allowance for Loan Collectively Evaluated for Impairment	147		207
Allowance for loan losses, Total	147	65	207	199	278
Loans Individually Evaluated for Impairment	0		0
Loans Collectively Evaluated for Impairment	14,997		13,377
Total	14,997		13,377
C&I
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loans Individually Evaluated for Impairment	0		279
Allowance for Loan Collectively Evaluated for Impairment	1,215		1,364
Allowance for loan losses, Total	1,215	1,323	1,643	2,848	2,563
Loans Individually Evaluated for Impairment	0		279
Loans Collectively Evaluated for Impairment	120,970		116,672
Total	120,970		116,951
Home mortgage
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loans Individually Evaluated for Impairment	0		0
Allowance for Loan Collectively Evaluated for Impairment	11,045		8,826
Allowance for loan losses, Total	11,045	10,579	8,826	2,891	2,185
Loans Individually Evaluated for Impairment	2,241		0
Loans Collectively Evaluated for Impairment	515,783		482,949
Total	518,024		482,949
Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for Loans Individually Evaluated for Impairment	0		0
Allowance for Loan Collectively Evaluated for Impairment	14		7
Allowance for loan losses, Total	14	$ 3	7	$ 13	$ 19
Loans Individually Evaluated for Impairment	0		0
Loans Collectively Evaluated for Impairment	1,574		1,467
Total	$ 1,574		$ 1,467

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses on Loans - Schedule of Recorded Investment of Individually Impaired Loans and Specific Allowance for Credit Losses (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Financing Receivable Allowance For Credit Losses [Line Items]
Unpaid Principal Balance	$ 702
Recorded Investment With No Allowance	423
Recorded Investment With Allowance	279
Related Allowance	279
SBA—real estate
Financing Receivable Allowance For Credit Losses [Line Items]
Unpaid Principal Balance	423
Recorded Investment With No Allowance	423
Recorded Investment With Allowance	0
Related Allowance	0
C&I
Financing Receivable Allowance For Credit Losses [Line Items]
Unpaid Principal Balance	279
Recorded Investment With No Allowance	0
Recorded Investment With Allowance	279
Related Allowance	$ 279

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses on Loans - Schedule of Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	$ 1,765,845	$ 1,678,292
Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	5,164
Commercial Real Estate
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	885,585	842,208
SBA—real estate
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	224,695	221,340
SBA—real estate | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,923
Home mortgage
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	518,024	$ 482,949
Home mortgage | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,241
Hotel / Motel | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,923
Hotel / Motel | SBA—real estate | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,923
Hotel / Motel | Home mortgage | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0
Single-Family Residential | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,241
Single-Family Residential | SBA—real estate | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0
Single-Family Residential | Home mortgage | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	$ 2,241

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses on Loans - Schedule of Recorded Investment in Nonaccrual Loans and Loans Past Due 90 or More Days and Still Accruing Interest by Portfolio Segment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	$ 2,705
Nonaccrual Loans without a Related Allowance for Credit Losses	3,377
Total Nonaccrual Loans	6,082	$ 2,033
90 or More Days Past Due & Still Accruing	0	0
Total	6,082	2,033
Loans Insured or Guaranteed by non-US Government Authorities
Financing Receivable Recorded Investment Past Due [Line Items]
Total	2,000	1,000
SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	2,302
Nonaccrual Loans without a Related Allowance for Credit Losses	1,136
Total Nonaccrual Loans	3,438	423
90 or More Days Past Due & Still Accruing	0	0
Total	3,438	423
SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	154
Nonaccrual Loans without a Related Allowance for Credit Losses	0
Total Nonaccrual Loans	154	51
90 or More Days Past Due & Still Accruing	0	0
Total	154	51
Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	249
Nonaccrual Loans without a Related Allowance for Credit Losses	2,241
Total Nonaccrual Loans	2,490	1,280
90 or More Days Past Due & Still Accruing	0	0
Total	$ 2,490	1,280
C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Total Nonaccrual Loans		279
90 or More Days Past Due & Still Accruing		0
Total		$ 279

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses on Loans - Schedule of Aging Analysis of Recorded Investment in Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	$ 1,765,845	$ 1,678,292
Accrued interest receivable	7,300	6,400
Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	885,585	842,208
SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	224,695	221,340
SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	14,997	13,377
C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	120,970	116,951
Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	518,024	482,949
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	1,574	1,467
Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	14,234	4,009
Total Past Due | Loans Insured or Guaranteed by non-US Government Authorities
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	1,900	924
Total Past Due | Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
Total Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	4,783	374
Total Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	154	64
Total Past Due | C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
Total Past Due | Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	9,297	3,571
Total Past Due | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
30-59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	6,098	1,944
30-59 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
30-59 Days Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	1,868	199
30-59 Days Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	154	38
30-59 Days Past Due | C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
30-59 Days Past Due | Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	4,076	1,707
30-59 Days Past Due | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
60-89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	3,662	1,697
60-89 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
60-89 Days Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	932	175
60-89 Days Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
60-89 Days Past Due | C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
60-89 Days Past Due | Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	2,730	1,522
60-89 Days Past Due | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
> 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	4,474	368
> 90 Days Past Due | Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
> 90 Days Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	1,983	0
> 90 Days Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	26
> 90 Days Past Due | C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
> 90 Days Past Due | Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	2,491	342
> 90 Days Past Due | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
Loans Not Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	1,751,611	1,674,283
Loans Not Past Due | Commercial Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	885,585	842,208
Loans Not Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	219,912	220,966
Loans Not Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	14,843	13,313
Loans Not Past Due | C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	120,970	116,951
Loans Not Past Due | Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	508,727	479,378
Loans Not Past Due | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	$ 1,574	$ 1,467

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses on Loans - Schedule of Modified Loans (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 6,488
Current
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	5,751
30-89 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
> 90 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	737
Payment Delay
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	5,863
Term Extension
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	625
Commercial Real Estate
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 625
Percentage to Each Loan Type	0.07%
Weighted-Average Payment Deferral (in years)	1 year
Commercial Real Estate | Current
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 625
Commercial Real Estate | 30-89 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
Commercial Real Estate | > 90 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
Commercial Real Estate | Payment Delay
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
Commercial Real Estate | Term Extension
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	625
SBA—real estate
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 5,378
Percentage to Each Loan Type	2.39%
Weighted-Average Payment Deferral (in years)	9 months 18 days
SBA—real estate | Current
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 4,641
SBA—real estate | 30-89 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
SBA—real estate | > 90 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	737
SBA—real estate | Payment Delay
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	5,378
SBA—real estate | Term Extension
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
SBA—non-real estate
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 131
Percentage to Each Loan Type	0.87%
Weighted-Average Payment Deferral (in years)	2 months 12 days
SBA—non-real estate | Current
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 131
SBA—non-real estate | 30-89 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
SBA—non-real estate | > 90 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
SBA—non-real estate | Payment Delay
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	131
SBA—non-real estate | Term Extension
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
Home mortgage
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 354
Percentage to Each Loan Type	0.07%
Weighted-Average Payment Deferral (in years)	6 months
Home mortgage | Current
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 354
Home mortgage | 30-89 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
Home mortgage | > 90 Days Past Due
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	0
Home mortgage | Payment Delay
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	354
Home mortgage | Term Extension
Financing Receivable, Modified [Line Items]
Recorded investment in troubled debt restructurings	$ 0

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses on Loans - Schedule of Credit Risk Ratings by Portfolio Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable Recorded Investment [Line Items]
2023	$ 221,745
2022	582,171
2021	284,271
2020	145,890
2019	178,838
Prior	272,711
Revolving Loans	77,658
Revolving Loans Converted to Term Loans	2,561
Total	1,765,845	$ 1,678,292
Current period charge-offs
2023	17
2022	457
2021	247
2020	0
2019	91
Prior	52
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	$ 864	$ 141	$ 195
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable	Accrued interest receivable
Accrued interest receivable	$ 7,300	$ 6,400
Pass
Financing Receivable Recorded Investment [Line Items]
2023	221,745
2022	577,233
2021	282,943
2020	144,754
2019	178,838
Prior	264,767
Revolving Loans	77,658
Revolving Loans Converted to Term Loans	2,561
Total	1,750,499	1,674,422
Special mention
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	1,428
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	1,428	563
Substandard
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	4,938
2021	1,328
2020	1,136
2019	0
Prior	6,418
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	13,820	3,031
Doubtful
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	98
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	98	276
Commercial Real Estate
Financing Receivable Recorded Investment [Line Items]
2023	97,114
2022	208,179
2021	154,872
2020	97,137
2019	138,908
Prior	168,316
Revolving Loans	21,059
Revolving Loans Converted to Term Loans	0
Total	885,585	842,208
Current period charge-offs
2023	0
2022	457
2021	121
2020	0
2019	91
Prior	17
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	686	0	0
Commercial Real Estate | Pass
Financing Receivable Recorded Investment [Line Items]
2023	97,114
2022	207,860
2021	154,872
2020	97,137
2019	138,908
Prior	163,320
Revolving Loans	21,059
Revolving Loans Converted to Term Loans	0
Total	880,270	841,645
Commercial Real Estate | Special mention
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	563
Commercial Real Estate | Substandard
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	319
2021	0
2020	0
2019	0
Prior	4,996
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	5,315	0
Commercial Real Estate | Doubtful
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
SBA—real estate
Financing Receivable Recorded Investment [Line Items]
2023	31,920
2022	46,291
2021	27,267
2020	23,868
2019	28,244
Prior	67,105
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	224,695	221,340
Current period charge-offs
2023	0
2022	0
2021	46
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	46	14	59
SBA—real estate | Pass
Financing Receivable Recorded Investment [Line Items]
2023	31,920
2022	44,504
2021	26,188
2020	22,732
2019	28,244
Prior	64,442
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	218,030	220,348
SBA—real estate | Special mention
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	1,428
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	1,428	0
SBA—real estate | Substandard
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	1,787
2021	1,079
2020	1,136
2019	0
Prior	1,235
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	5,237	992
SBA—real estate | Doubtful
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
SBA—non-real estate
Financing Receivable Recorded Investment [Line Items]
2023	5,408
2022	3,175
2021	200
2020	1,556
2019	950
Prior	3,708
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	14,997	13,377
Current period charge-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	35
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	35	127	136
SBA—non-real estate | Pass
Financing Receivable Recorded Investment [Line Items]
2023	5,408
2022	2,584
2021	200
2020	1,556
2019	950
Prior	3,423
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	14,121	12,897
SBA—non-real estate | Special mention
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
SBA—non-real estate | Substandard
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	591
2021	0
2020	0
2019	0
Prior	187
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	778	480
SBA—non-real estate | Doubtful
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	98
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	98	0
C&I
Financing Receivable Recorded Investment [Line Items]
2023	15,117
2022	17,939
2021	22,098
2020	4,695
2019	1,720
Prior	1,734
Revolving Loans	55,106
Revolving Loans Converted to Term Loans	2,561
Total	120,970	116,951
Current period charge-offs
2023	17
2022	0
2021	80
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	97	0	0
C&I | Pass
Financing Receivable Recorded Investment [Line Items]
2023	15,117
2022	17,939
2021	22,098
2020	4,695
2019	1,720
Prior	1,734
Revolving Loans	55,106
Revolving Loans Converted to Term Loans	2,561
Total	120,970	116,396
C&I | Special mention
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
C&I | Substandard
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	279
C&I | Doubtful
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	276
Home mortgage
Financing Receivable Recorded Investment [Line Items]
2023	72,182
2022	306,587
2021	79,834
2020	18,634
2019	8,939
Prior	31,848
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	518,024	482,949
Current period charge-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0	0
Home mortgage | Pass
Financing Receivable Recorded Investment [Line Items]
2023	72,182
2022	304,346
2021	79,585
2020	18,634
2019	8,939
Prior	31,848
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	515,534	481,669
Home mortgage | Special mention
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
Home mortgage | Substandard
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	2,241
2021	249
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	2,490	1,280
Home mortgage | Doubtful
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
Consumer
Financing Receivable Recorded Investment [Line Items]
2023	4
2022	0
2021	0
2020	0
2019	77
Prior	0
Revolving Loans	1,493
Revolving Loans Converted to Term Loans	0
Total	1,574	1,467
Current period charge-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0	$ 0
Consumer | Pass
Financing Receivable Recorded Investment [Line Items]
2023	4
2022	0
2021	0
2020	0
2019	77
Prior	0
Revolving Loans	1,493
Revolving Loans Converted to Term Loans	0
Total	1,574	1,467
Consumer | Special mention
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
Consumer | Substandard
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	0	0
Consumer | Doubtful
Financing Receivable Recorded Investment [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term Loans	0
Total	$ 0	$ 0

Loans and Allowance for Cred_13

Loans and Allowance for Credit Losses on Loans - Schedule of Amortized Cost by Loan Type (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	$ 1,765,845	$ 1,678,292
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable	Accrued interest receivable
Accrued interest receivable	$ 7,300	$ 6,400
Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,750,499	1,674,422
Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,428	563
Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	13,820	3,031
Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	98	276
Commercial Real Estate
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	885,585	842,208
Commercial Real Estate | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	880,270	841,645
Commercial Real Estate | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	563
Commercial Real Estate | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	5,315	0
Commercial Real Estate | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
SBA—real estate
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	224,695	221,340
SBA—real estate | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	218,030	220,348
SBA—real estate | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,428	0
SBA—real estate | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	5,237	992
SBA—real estate | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
SBA—non-real estate
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	14,997	13,377
SBA—non-real estate | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	14,121	12,897
SBA—non-real estate | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
SBA—non-real estate | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	778	480
SBA—non-real estate | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	98	0
C&I
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	120,970	116,951
C&I | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	120,970	116,396
C&I | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
C&I | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	279
C&I | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	276
Home mortgage
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	518,024	482,949
Home mortgage | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	515,534	481,669
Home mortgage | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
Home mortgage | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,490	1,280
Home mortgage | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
Consumer
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,574	1,467
Consumer | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,574	1,467
Consumer | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
Consumer | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
Consumer | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	$ 0	$ 0

Premises and Equipment - Schedu

Premises and Equipment - Schedule of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property Plant And Equipment [Line Items]
Total premises and equipment	$ 17,453	$ 15,269
Accumulated depreciation	(12,205)	(10,869)
Total premises and equipment, net	5,248	4,400
Leasehold improvements
Property Plant And Equipment [Line Items]
Total premises and equipment	9,135	7,998
Furniture and fixtures
Property Plant And Equipment [Line Items]
Total premises and equipment	4,814	3,983
Equipment and others
Property Plant And Equipment [Line Items]
Total premises and equipment	$ 3,504	$ 3,288

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 1,300	$ 1,400	$ 1,300

Servicing Assets - Additional I

Servicing Assets - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Servicing Assets At Amortized Value [Line Items]
Valuation allowance for impairment	$ 0	$ 0
Servicing assets	$ 17,218,000	$ 16,845,000
Minimum
Servicing Assets At Amortized Value [Line Items]
Fair value of servicing assets, discount rates	3.75%	4.40%
Fair value of servicing assets, prepayment speed	12.80%	13.10%
Maximum
Servicing Assets At Amortized Value [Line Items]
Fair value of servicing assets, discount rates	11%	9.90%
Fair value of servicing assets, prepayment speed	13.20%	13.80%

Servicing Assets - Schedule of

Servicing Assets - Schedule of Activity for Loan Servicing Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Analysis of Changes in Activity
Beginning balance	$ 12,759	$ 12,720
Amortized to expense	(4,418)	(4,385)	$ (3,536)
Ending balance	11,741	12,759	$ 12,720
Loans Sold with Servicing Retained
Analysis of Changes in Activity
Additions from loans sold with servicing retained	$ 3,400	$ 4,424

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lessee Lease Description [Line Items]
Lease renewal term	5 years
Operating right-of-use assets	$ 8,497	$ 9,097
Operating lease liabilities	9,341	10,213
Operating lease rent expense	$ 3,100	$ 2,900	$ 2,600
Minimum
Lessee Lease Description [Line Items]
Remaining operating lease terms	1 year
Maximum
Lessee Lease Description [Line Items]
Remaining operating lease terms	10 years

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease cost	$ 2,280	$ 2,046
Variable lease cost	844	859
Total lease cost	$ 3,124	$ 2,905

Leases - Schedule of Other Info

Leases - Schedule of Other Information Related to Operating Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating right-of-use assets	$ 8,497	$ 9,097
Operating lease liabilities	$ 9,341	$ 10,213
Weighted average remaining lease term - operating leases	5 years 6 months	6 years 3 months 18 days
Weighted average discount rate - operating leases	2.47%	2.44%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 2,511	$ 2,253

Leases - Schedule of Remaining

Leases - Schedule of Remaining Contractually Obligated Lease Payments and Reconciliation to Lease liability (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
2024	$ 2,586
2025	1,724
2026	2,085
2027	2,007
2028	1,598
Thereafter	1,925
Total lease payments	11,925
Discount to present value	(2,584)
Total lease liability	$ 9,341	$ 10,213

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Time Deposits [Line Items]
Time deposits greater than $250	$ 433,892	$ 356,197
Principal Officers, Directors, and Affiliates
Time Deposits [Line Items]
Deposits from principal officers, directors, and their affiliates	$ 1,800	$ 810

Deposits - Schedule of Maturiti

Deposits - Schedule of Maturities of Time Deposits (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Deposits [Abstract]
2024	$ 841,257
2025	26,563
2026	17,389
2027	325
2028 and thereafter	255
Total	$ 885,789

Borrowing Arrangements - Additi

Borrowing Arrangements - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financial Instruments Owned and Pledged as Collateral [Line Items]
Federal Home Loan Bank borrowings	$ 105,000	$ 0
FHLB interest rate	4.65%
Federal home loan bank, advances, remaining term	10 months 24 days
Letter of credit	$ 67,000	67,000
Loans	1,743,852	1,659,051
Asset Pledged as Collateral
Financial Instruments Owned and Pledged as Collateral [Line Items]
Loans	$ 1,390,000	$ 1,240,000

Borrowing Arrangements - Schedu

Borrowing Arrangements - Schedule of Borrowings Available to the Company from Institutions (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	$ 646,604
Federal Reserve Bank
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	182,989
Pacific Coast Bankers Bank
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	50,000
Zions Bank
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	25,000
First Horizon Bank
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	25,000
FHLB
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	$ 363,615

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current income tax expense:
Federal	$ 6,238	$ 7,959	$ 9,243
State	3,332	4,374	4,885
Total current income tax expense	9,570	12,333	14,128
Deferred income tax expense (benefit):
Federal	217	783	(1,614)
State	(214)	298	(698)
Total deferred income tax expense (benefit)	3	1,081	(2,312)
Total income tax expense	$ 9,573	$ 13,414	$ 11,816

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Tax Rates Differ from Federal Statutory Rates (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Federal statutory income tax rate	21%	21%	21%
Increase (decrease) in tax rate resulting from:
Meals and entertainment	0.20%	0%	0%
State income taxes, net of federal tax benefit	8%	8.40%	8.50%
Stock option expense and related excess tax benefits	0.10%	0%	0.10%
Company owned life insurance	(0.004)	(0.002)	(0.001)
Other, net	(0.30%)	(0.50%)	(0.40%)
Effective tax rate	28.60%	28.70%	29.10%

Income Taxes - Schedule of Net

Income Taxes - Schedule of Net Deferred Tax Assets Included in Statement of Financial Position (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Organizational costs	$ 18	$ 20
Allowance for credit losses	6,502	5,688
Loans held for sale	0	852
Stock-based compensation	509	386
Accrued compensation	302	272
Lease liability	2,762	3,019
State taxes	675	989
Net unrealized loss on AFS debt securities	6,485	7,491
Nonaccrual loan interest income	224	46
Other	279	77
Total deferred tax assets	17,756	18,840
Deferred tax liabilities:
Loan origination costs	(1,110)	(1,407)
Depreciation	(553)	(423)
Right of use asset	(2,512)	(2,689)
Other	(272)	(5)
Total deferred tax liabilities	(4,447)	(4,524)
Net deferred tax asset	$ 13,309	$ 14,316

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Unrealized tax benefits	$ 0	$ 0

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Distribution of Undisbursed Credit-Related Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Other commitment	$ 264,355	$ 270,847
Standby letter of credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Letters of credit outstanding	6,707	5,286
Commercial letter of credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Letters of credit outstanding	22	451
Loan commitments
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Other commitment	$ 257,626	$ 265,110

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Balance and Total Unfunded Commitments Related to Investment in Low Income Housing Partnerships (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Investments in low-income housing partnerships	$ 16,887	$ 12,212
Unfunded commitments to fund investments for low-income housing partnerships	$ 11,905	$ 8,748

Commitments and Contingencies_3

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Recognized amortization expense	$ 1,325	$ 697	$ 522
Recognized tax credits and other benefits	$ 1,700	$ 926	$ 651

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) plan shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) shares	Dec. 31, 2013 shares	Dec. 31, 2010 shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of stock-based compensation plans | plan	3
Share based compensation expense | $	$ 1,300	$ 1,200	$ 558
2005 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation shares authorized under stock option plans (in shares)	770,000
Percent of the fair value options granted	100%
Number of options outstanding, granted (in shares)	0
2005 Plan | Employee Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	5 years
Stock options, when granted, expiration period	10 years
2010 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation shares authorized under stock option plans (in shares)				2,500,000	1,350,000
Percent of the fair value options granted	100%
Weighted average remaining contractual term stock options outstanding	3 months 18 days
Weighted average remaining contractual life for options exercisable	3 months 18 days
Number of options outstanding, granted (in shares)	0
2010 Plan | Employee Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	5 years
Stock options, when granted, expiration period	10 years
2010 Plan | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation costs related to unvested stock options | $	$ 18
Unrecognized compensation costs weighted average period	10 months 24 days
2021 Plan | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation shares authorized under stock option plans (in shares)			1,500,000
Percent of the fair value options granted	100%
Unrecognized compensation costs weighted average period	1 year 7 months 6 days
Number of options outstanding, granted (in shares)	0
Shares available for future grant (in shares)	1,111,457
Unrecognized compensation costs related to unvested restricted stock awards | $	$ 1,700

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock-based Compensation Stock Options Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
2005 Plan
Number of Options Outstanding
Number of options outstanding, beginning of period (in shares)	30,000
Number of options outstanding, granted (in shares)	0
Number of options outstanding, exercised (in shares)	(30,000)
Number of options outstanding, forfeited (in shares)	0
Number of options outstanding, expired (in shares)	0
Number of options outstanding, ending of period (in shares)	0
Weighted Average Exercise Price
Weighted average exercise price, outstanding beginning (USD per share)	$ 6.18
Weighted average exercise price, granted (USD per share)	0
Weighted average exercise price, exercised (USD per share)	6.18
Weighted average exercise price, forfeited (USD per share)	0
Weighted average exercise price, expired (USD per share)	0
Weighted average exercise price, outstanding ending (USD per share)	$ 0
Stock Option Additional Disclosures
Number of options outstanding, full vested and expected to vest (in shares)	0
Number of options outstanding, vested (in shares)	0
Weighted average exercise price, full vested and expected to vest (USD per share)	$ 0
Weighted average exercise price, vested (USD per share)	$ 0
Aggregate intrinsic value, outstanding	$ 0	$ 149
Aggregate intrinsic value, fully vested and expected to vest	0
Aggregate intrinsic value, vested	$ 0
2010 Plan
Number of Options Outstanding
Number of options outstanding, beginning of period (in shares)	150,000
Number of options outstanding, granted (in shares)	0
Number of options outstanding, exercised (in shares)	(90,000)
Number of options outstanding, forfeited (in shares)	0
Number of options outstanding, expired (in shares)	0
Number of options outstanding, ending of period (in shares)	60,000
Weighted Average Exercise Price
Weighted average exercise price, outstanding beginning (USD per share)	$ 8
Weighted average exercise price, granted (USD per share)	0
Weighted average exercise price, exercised (USD per share)	8
Weighted average exercise price, forfeited (USD per share)	0
Weighted average exercise price, expired (USD per share)	0
Weighted average exercise price, outstanding ending (USD per share)	$ 8
Stock Option Additional Disclosures
Number of options outstanding, full vested and expected to vest (in shares)	60,000
Number of options outstanding, vested (in shares)	60,000
Weighted average exercise price, full vested and expected to vest (USD per share)	$ 8
Weighted average exercise price, vested (USD per share)	$ 8
Aggregate intrinsic value, outstanding	$ 177	$ 474
Aggregate intrinsic value, fully vested and expected to vest	177
Aggregate intrinsic value, vested	$ 177

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Information Related to Stock Option Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Cash received from option exercises	$ 888	$ 608	$ 89
2005 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Intrinsic value of options exercised	86	113	231
Cash received from option exercises	128	128	64
Tax provision realized from option exercised	2	2	27
2010 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Intrinsic value of options exercised	186	224	86
Cash received from option exercises	720	480	25
Tax provision realized from option exercised	(3)	0	0
2010 Plan | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Tax provision realized from option exercised	4	0	(85)
2021 Plan | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Tax provision realized from option exercised	$ (34)	$ 12	$ 0

Stock-Based Compensation - Sc_3

Stock-Based Compensation - Schedule of Changes in Non-vested Restricted Stock Awards (Details) - Restricted Stock Units - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
2010 Plan
Shares Issued
Shares issued, non-vested beginning of period (in shares)	14,500
Shares issued, awards granted (in shares)	0
Shares issued, awards vested (in shares)	(4,500)
Shares issued, awards forfeited (in shares)	0
Shares issued, non-vested end of period (in shares)	10,000
Weighted Average Grant Date Fair Value
Weighted average grant date fair value, non-vested beginning of period (USD per share)	$ 8.66
Weighted average grant date fair value, awards granted (USD per share)	0
Weighted average grant date fair value, awards vested (USD per share)	6.37
Weighted average grant date fair value, awards forfeited (USD per share)	0
Weighted average grant date fair value, non-vested end of period (USD per share)	$ 9.69
Aggregate intrinsic value, non-vested end of year	$ 110	$ 162
2021 Plan
Shares Issued
Shares issued, non-vested beginning of period (in shares)	317,366
Shares issued, awards granted (in shares)	36,280
Shares issued, awards vested (in shares)	(67,295)
Shares issued, awards forfeited (in shares)	(7,500)
Shares issued, non-vested end of period (in shares)	278,851
Weighted Average Grant Date Fair Value
Weighted average grant date fair value, non-vested beginning of period (USD per share)	$ 11.60
Weighted average grant date fair value, awards granted (USD per share)	8.35
Weighted average grant date fair value, awards vested (USD per share)	10.33
Weighted average grant date fair value, awards forfeited (USD per share)	12.90
Weighted average grant date fair value, non-vested end of period (USD per share)	$ 11.45
Aggregate intrinsic value, non-vested end of year	$ 3,053	$ 3,542

Employee Benefit Plan - Additio

Employee Benefit Plan - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Employee minimum service period	3 months
Eligibility age of employees for plan	18 years
Employer contribution amount	$ 986	$ 867	$ 752

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	$ 194,250	$ 209,809
Other investments:
Mutual fund - CRA qualified	3,500	3,300
Residential mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	43,877	49,764
Residential collateralized mortgage obligations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	144,459	160,045
Municipal securities - tax exempt
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	5,914
Recurring
Other investments:
Mutual fund - CRA qualified	3,463	3,330
Recurring | Residential mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	43,877	49,764
Recurring | Residential collateralized mortgage obligations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	144,459	160,045
Recurring | Municipal securities - tax exempt
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	5,914
Recurring | Quoted Prices in Active Markets (Level 1)
Other investments:
Mutual fund - CRA qualified	3,463	3,330
Recurring | Quoted Prices in Active Markets (Level 1) | Residential mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	0	0
Recurring | Quoted Prices in Active Markets (Level 1) | Residential collateralized mortgage obligations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	0	0
Recurring | Quoted Prices in Active Markets (Level 1) | Municipal securities - tax exempt
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	0
Recurring | Significant Other Observable Inputs (Level 2)
Other investments:
Mutual fund - CRA qualified	0	0
Recurring | Significant Other Observable Inputs (Level 2) | Residential mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	43,877	49,764
Recurring | Significant Other Observable Inputs (Level 2) | Residential collateralized mortgage obligations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	144,459	160,045
Recurring | Significant Other Observable Inputs (Level 2) | Municipal securities - tax exempt
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	5,914
Recurring | Significant Unobservable Inputs (Level 3)
Other investments:
Mutual fund - CRA qualified	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Residential mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Residential collateralized mortgage obligations
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	0	$ 0
Recurring | Significant Unobservable Inputs (Level 3) | Municipal securities - tax exempt
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Schedule of Fair Value Hierarchy and Fair Value of Assets that Were Still Held and Had Fair Value Adjustments Measured On a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable Impaired [Line Items]
Impaired loans	$ 1,793,258	$ 1,626,036
Quoted Prices in Active Markets (Level 1)
Financing Receivable Impaired [Line Items]
Impaired loans	0	0
Significant Other Observable Inputs (Level 2)
Financing Receivable Impaired [Line Items]
Impaired loans	0	0
Significant Unobservable Inputs (Level 3)
Financing Receivable Impaired [Line Items]
Impaired loans	1,793,258	1,626,036
Nonrecurring
Financing Receivable Impaired [Line Items]
Impaired loans	1,432	423
Nonrecurring | SBA—real estate
Financing Receivable Impaired [Line Items]
Impaired loans	1,432	423
Nonrecurring | Quoted Prices in Active Markets (Level 1)
Financing Receivable Impaired [Line Items]
Impaired loans	0	0
Nonrecurring | Quoted Prices in Active Markets (Level 1) | SBA—real estate
Financing Receivable Impaired [Line Items]
Impaired loans	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2)
Financing Receivable Impaired [Line Items]
Impaired loans	0	0
Nonrecurring | Significant Other Observable Inputs (Level 2) | SBA—real estate
Financing Receivable Impaired [Line Items]
Impaired loans	0	0
Nonrecurring | Significant Unobservable Inputs (Level 3)
Financing Receivable Impaired [Line Items]
Impaired loans	1,432	423
Nonrecurring | Significant Unobservable Inputs (Level 3) | SBA—real estate
Financing Receivable Impaired [Line Items]
Impaired loans	$ 1,432	$ 423

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Schedule of Increase (Decrease) in Value of Certain Assets Held at End of Respective Reporting Periods Presented for Which a Nonrecurring Fair Value Adjustment (Details) - Nonrecurring - Loans Receivable - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable Impaired [Line Items]
Collateral-dependent loans:	$ 0	$ 28	$ 105
SBA—real estate
Financing Receivable Impaired [Line Items]
Collateral-dependent loans:	$ 0	$ 28	$ 105

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Schedule of Information about Significant Unobservable Inputs Utilized in Company's Nonrecurring Level 3 Fair Value Measurements (Details) $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 1,793,258	$ 1,626,036
Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	1,793,258	1,626,036
Nonrecurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	1,432	423
Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	1,432	423
Nonrecurring | SBA—real estate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 1,432	$ 423
Nonrecurring | SBA—real estate | Income approach - income capitalization | Measurement Input, Cap Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Measurements Inputs		0.115
Nonrecurring | SBA—real estate | Minimum | Income approach - income capitalization | Measurement Input, Cap Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Measurements Inputs	0.093
Nonrecurring | SBA—real estate | Maximum | Income approach - income capitalization | Measurement Input, Cap Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Measurements Inputs	0.110
Nonrecurring | SBA—real estate | Weighted Average | Income approach - income capitalization | Measurement Input, Cap Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Measurements Inputs	0.099	0.115
Nonrecurring | SBA—real estate | Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 1,432	$ 423
Nonrecurring | SBA—real estate | Significant Unobservable Inputs (Level 3) | Income approach - income capitalization | Measurement Input, Cap Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 1,432	$ 423

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financial assets:
Cash and cash equivalents	$ 91,216	$ 82,972
Loans held for sale		47,217
Loans receivable, net	1,793,258	1,626,036
Accrued interest receivable, net	8,259	7,180
Other investments:
Time deposits placed	95	95
Servicing assets	17,218	16,845
Financial liabilities:
Deposits	1,808,444	1,880,508
FHLB advances	104,231
Accrued interest payable	12,628	2,771
Carrying Amount
Financial assets:
Cash and cash equivalents	91,216	82,972
Loans held for sale		44,335
Loans receivable, net	1,743,852	1,659,051
Accrued interest receivable, net	8,259	7,180
Other investments:
FHLB and PCBB stock	12,718	8,673
Time deposits placed	95	95
Servicing assets	11,741	12,759
Financial liabilities:
Deposits	1,807,558	1,885,771
FHLB advances	105,000
Accrued interest payable	12,628	2,771
Level 1
Financial assets:
Cash and cash equivalents	91,216	82,972
Loans held for sale		0
Loans receivable, net	0	0
Accrued interest receivable, net	69	51
Other investments:
Time deposits placed	0	0
Servicing assets	0	0
Financial liabilities:
Deposits	0	0
FHLB advances	0
Accrued interest payable	0	0
Level 2
Financial assets:
Cash and cash equivalents	0	0
Loans held for sale		47,217
Loans receivable, net	0	0
Accrued interest receivable, net	859	716
Other investments:
Time deposits placed	95	95
Servicing assets	0	0
Financial liabilities:
Deposits	1,808,444	1,880,508
FHLB advances	104,231
Accrued interest payable	12,628	2,771
Level 3
Financial assets:
Cash and cash equivalents	0	0
Loans held for sale		0
Loans receivable, net	1,793,258	1,626,036
Accrued interest receivable, net	7,331	6,413
Other investments:
Time deposits placed	0	0
Servicing assets	17,218	16,845
Financial liabilities:
Deposits	0	0
FHLB advances	0
Accrued interest payable	$ 0	$ 0

Regulatory Capital Matters - Ad

Regulatory Capital Matters - Additional Information (Details)	Dec. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Capital conservation buffer	2.50%

Regulatory Capital Matters - Sc

Regulatory Capital Matters - Schedule of Actual and Required Capital Amounts and Ratios, Exclusive of Capital Conservation Buffer (Details) $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total capital (to risk-weighted assets), actual amount	$ 229,544	$ 213,862
Tier 1 capital (to risk-weighted assets), actual amount	208,707	194,358
Common equity Tier 1 capital (to risk-weighted assets), actual amount	208,707	194,358
Tier 1 capital (to average assets), actual amount	$ 208,707	$ 194,358
Total capital (to risk-weighted assets), actual ratio	0.1377	0.1306
Tier 1 capital (to risk-weighted assets), actual ratio	0.1252	0.1187
Common equity Tier 1 capital (to risk-weighted assets), actual ratio	0.1252	0.1187
Tier 1 capital (to average assets), actual ratio	0.0957	0.0938
Bank
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total capital (to risk-weighted assets), actual amount	$ 227,773	$ 211,981
Tier 1 capital (to risk-weighted assets), actual amount	206,936	192,477
Common equity Tier 1 capital (to risk-weighted assets), actual amount	206,936	192,477
Tier 1 capital (to average assets), actual amount	$ 206,936	$ 192,477
Total capital (to risk-weighted assets), actual ratio	0.1366	0.1294
Tier 1 capital (to risk-weighted assets), actual ratio	0.1241	0.1175
Common equity Tier 1 capital (to risk-weighted assets), actual ratio	0.1241	0.1175
Tier 1 capital (to average assets), actual ratio	0.0949	0.0929
Total capital (to risk-weighted assets), amount, required for capital adequacy purposes	$ 133,353	$ 131,020
Tier 1 capital (to risk-weighted assets), amount, required for capital adequacy purposes	100,014	98,265
Common equity Tier 1 capital (to risk-weighted assets), amount, required for capital adequacy purposes	75,011	73,699
Tier 1 capital (to average assets), amount, required for capital adequacy purposes	$ 87,207	$ 82,836
Total capital (to risk-weighted assets), ratio, required for capital adequacy purposes	0.0800	0.0800
Tier 1 capital (to risk-weighted assets), ratio, required for capital adequacy purposes	0.0600	0.0600
Common equity Tier 1 capital (to risk-weighted assets), ratio, required for capital adequacy purposes	0.0450	0.0450
Tier 1 capital (to average assets), ratio, required for capital adequacy purposes	0.0400	0.0400
Total capital (to risk-weighted assets), amount, minimum to be considered "Well Capitalized"	$ 166,691	$ 163,775
Tier 1 capital (to risk-weighted assets), amount, minimum to be considered "Well Capitalized"	133,353	131,020
Common equity Tier 1 capital (to risk-weighted assets), amount, minimum to be considered "Well Capitalized"	108,349	106,454
Tier 1 capital (to average assets), amount, minimum to be considered "Well Capitalized"	$ 109,008	$ 103,545
Total capital (to risk-weighted assets), ratio, minimum to be considered "Well Capitalized"	0.1000	0.1000
Tier 1 capital (to risk-weighted assets), ratio, minimum to be considered "Well Capitalized"	0.0800	0.0800
Common equity Tier 1 capital (to risk-weighted assets), ratio, minimum to be considered "Well Capitalized"	0.0650	0.0650
Tier 1 capital (to average assets), ratio, minimum to be considered "Well Capitalized"	0.0500	0.0500

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Basic
Net income	$ 23,918	$ 33,310	$ 28,840
Distributed and undistributed earnings allocated to participating securities	(476)	(704)	(330)
Net income allocated to common shares	$ 23,442	$ 32,606	$ 28,510
Weighted average common shares outstanding (in shares)	15,149,597	15,171,240	15,087,686
Basic earnings per common share (USD per share)	$ 1.55	$ 2.15	$ 1.89
Diluted
Net income allocated to common shares	$ 23,442	$ 32,606	$ 28,510
Weighted average common shares outstanding for basic earnings per common share (in shares)	15,149,597	15,171,240	15,087,686
Add: Dilutive effects of assumed exercises of stock options	9,260	60,178	67,661
Average shares and dilutive potential common shares (in shares)	15,158,857	15,231,418	15,155,347
Diluted earnings per common share (USD per share)	$ 1.55	$ 2.14	$ 1.88

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Antidilutive shares of common stock excluded from computation of earnings per share (in shares)	0	0	0

Parent Company Condensed Fina_3

Parent Company Condensed Financial Statements - Schedule of Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 91,216	$ 82,972
Deferred tax assets	13,309	14,316
Other assets	31,054	16,867
Total assets	2,147,730	2,094,497
Liabilities and shareholders' equity
Other liabilities	20,577	18,826
Shareholders’ equity	192,626	176,916	$ 165,222	$ 143,366
Total liabilities and shareholders' equity	2,147,730	2,094,497
Parent Company
Assets
Cash and cash equivalents	1,653	1,559
Investment in bank subsidiary	190,855	175,035
Deferred tax assets	0	21
Other assets	177	301
Total assets	192,685	176,916
Liabilities and shareholders' equity
Other liabilities	59	0
Shareholders’ equity	192,626	176,916
Total liabilities and shareholders' equity	$ 192,685	$ 176,916

Parent Company Condensed Fina_4

Parent Company Condensed Financial Statements - Schedule of Condensed Statements of Income and Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Expense
Salaries and employee benefits	$ 29,593	$ 27,189	$ 21,253
Occupancy and equipment	6,490	5,964	5,213
FDIC insurance and regulatory assessments	1,457	813	583
Directors’ fees	680	682	593
Other expense	2,812	2,541	1,457
Total noninterest expense	47,726	44,830	35,865
INCOME BEFORE INCOME TAX EXPENSE	33,491	46,724	40,656
Income tax benefit	(9,573)	(13,414)	(11,816)
NET INCOME	23,918	33,310	28,840
Other comprehensive income (loss), net of tax	2,392	(16,646)	(2,037)
Comprehensive income	26,310	16,664	26,803
Parent Company
Income
Dividends from bank subsidiary	11,789	6,675	5,123
Expense
Salaries and employee benefits	227	219	226
Occupancy and equipment	49	49	65
FDIC insurance and regulatory assessments	0	0	8
Directors’ fees	228	214	135
Other expense	445	395	169
Total noninterest expense	949	877	603
INCOME BEFORE INCOME TAX EXPENSE	10,840	5,798	4,520
Income tax benefit	252	202	141
Equity in undistributed net income of bank subsidiary	12,826	27,310	24,178
NET INCOME	23,918	33,310	28,839
Other comprehensive income (loss), net of tax	2,392	(16,646)	(2,037)
Comprehensive income	$ 26,310	$ 16,664	$ 26,802

Parent Company Condensed Fina_5

Parent Company Condensed Financial Statements - Schedule of Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities
Net income	$ 23,918	$ 33,310	$ 28,840
Adjustments:
Change in other assets	(7,543)	269	5,793
Change in other liabilities	(3,831)	(3,664)	3,117
Net cash provided by operating activities	67,842	83,734	(28,278)
Cash flows from investing activities
Net cash from investing activities	(75,972)	(461,777)	(286,044)
Cash flows from financing activities
Repurchase of common stock	(3,934)	0	(28)
Cash dividend paid on common stock	(7,269)	(6,676)	(5,132)
Net cash provided by financing activities	16,374	345,556	323,471
Net change in cash and cash equivalents	8,244	(32,487)	9,149
Cash and cash equivalents at beginning of period	82,972	115,459	106,310
Cash and cash equivalents at end of period	91,216	82,972	115,459
Parent Company
Cash flows from operating activities
Net income	23,918	33,310	28,839
Adjustments:
Equity in undistributed net loss of bank subsidiary	(24,615)	(33,985)	(29,301)
Change in other assets	145	(164)	(124)
Change in other liabilities	59	(33)	(414)
Net cash provided by operating activities	(493)	(872)	(1,000)
Cash flows from investing activities
Net cash from investing activities	0	0	0
Cash flows from financing activities
Repurchase of common stock	(3,934)	0	(28)
Cash dividend paid on common stock	(7,269)	(6,674)	(5,132)
Proceeds from subsidiaries	11,789	6,675	5,123
Net cash provided by financing activities	586	1	(37)
Net change in cash and cash equivalents	93	(871)	(1,037)
Cash and cash equivalents at beginning of period	1,560	2,431	3,468
Cash and cash equivalents at end of period	$ 1,653	$ 1,560	$ 2,431