OP Bancorp (OPBK) 10-Q 15 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	May 08, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	001-38437
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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		14,956,399
Entity Central Index Key	0001722010
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 139,246	$ 91,216
Available-for-sale debt securities, at fair value	187,225	194,250
Other investments	16,264	16,276
Loans held for sale	16,075	1,795
Loans receivable, net of allowance for credit losses of $22,129 and $21,993 as of March 31, 2024 and December 31, 2023, respectively	1,782,858	1,743,852
Premises and equipment, net	4,971	5,248
Accrued interest receivable	8,370	8,259
Servicing assets	11,405	11,741
Company owned life insurance	22,399	22,233
Deferred tax assets, net	13,802	13,309
Other real estate owned	1,237	0
Operating right-of-use assets	8,864	8,497
Other assets	21,804	31,054
Total assets	2,234,520	2,147,730
Deposits:
Noninterest-bearing	539,396	522,751
Interest-bearing:
Money market and others	327,718	399,018
Time deposits greater than $250	451,497	433,892
Other time deposits	576,800	451,897
Total deposits	1,895,411	1,807,558
Federal Home Loan Bank advances	105,000	105,000
Accrued interest payable	12,270	12,628
Operating lease liabilities	9,614	9,341
Other liabilities	17,500	20,577
Total liabilities	2,039,795	1,955,104
Shareholders’ equity
Preferred stock no par value; 10,000,000 shares authorized; no shares issued or outstanding as of March 31, 2024 and December 31, 2023	0	0
Common stock – no par value; 50,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 14,982,555 and 15,000,436 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	75,957	76,280
Additional paid-in capital	11,240	10,942
Retained earnings	124,280	120,855
Accumulated other comprehensive loss	(16,752)	(15,451)
Total shareholders’ equity	194,725	192,626
Total liabilities and shareholders' equity	$ 2,234,520	$ 2,147,730

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Loans receivable, net of allowance	$ 22,129	$ 21,993
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)	14,982,555	15,000,436
Common stock, shares, outstanding (in shares)	14,982,555	15,000,436

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Interest and fees on loans	$ 30,142	$ 26,011
Interest on available-for-sale debt securities	1,460	1,566
Other interest income	1,311	1,017
Total interest income	32,913	28,594
Interest expense
Interest on deposits	15,675	10,382
Interest on borrowings	1,259	320
Total interest expense	16,934	10,702
Net interest income	15,979	17,892
Provision for (reversal of) credit losses	145	(338)
Net interest income after provision for credit losses	15,834	18,230
NONINTEREST INCOME
Service charges on deposits	612	418
Loan servicing fees, net of amortization	772	846
Gain on sale of loans	1,703	2,570
Other income	499	461
Total noninterest income	3,586	4,295
NONINTEREST EXPENSE
Salaries and employee benefits	7,841	7,252
Occupancy and equipment	1,655	1,570
Data processing and communication	487	550
Professional fees	395	359
FDIC insurance and regulatory assessments	374	467
Promotion and advertising	149	162
Directors’ fees	157	161
Foundation donation and other contributions	540	753
Other expenses	559	634
Total noninterest expense	12,157	11,908
INCOME BEFORE INCOME TAX EXPENSE	7,263	10,617
Income tax expense	2,037	3,083
NET INCOME	$ 5,226	$ 7,534
EARNINGS PER SHARE - BASIC (USD per share)	$ 0.34	$ 0.48
EARNINGS PER SHARE - DILUTED (USD per share)	$ 0.34	$ 0.48

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 5,226	$ 7,534
Other comprehensive (loss) income
Change in unrealized (loss) gain on available-for-sale debt securities	(1,848)	3,104
Tax effect	547	(919)
Total other comprehensive (loss) income	(1,301)	2,185
Comprehensive income	$ 3,925	$ 9,719

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands	Total	Cumulative effect related to adoption of ASC 326, net of tax	Adjusted balance	Common Stock	Common Stock Adjusted balance	Additional Paid-in Capital	Additional Paid-in Capital Adjusted balance	Retained Earnings	Retained Earnings Cumulative effect related to adoption of ASC 326, net of tax	Retained Earnings Adjusted balance	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Adjusted balance
Beginning balance (shares) at Dec. 31, 2022				15,270,344	15,270,344
Beginning balance at Dec. 31, 2022	$ 176,916	$ (1,484)	$ 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	7,534							7,534
Other comprehensive (loss) income	2,185										2,185
Stock issued under stock-based compensation plans, net of forfeiture (in shares)				93,204
Stock issued under stock-based compensation plans, net of forfeiture	709			$ 720		(11)
Stock-based compensation, net	324					324
Repurchase of common stock (shares)				(76,990)
Repurchase of common stock	(571)			$ (571)
Cash dividends declared ($0.12 per share)	(1,832)							(1,832)
Ending balance (shares) at Mar. 31, 2023				15,286,558
Ending balance at Mar. 31, 2023	183,781			$ 79,475		10,056		109,908			(15,658)
Beginning balance (shares) at Dec. 31, 2023				15,000,436
Beginning balance at Dec. 31, 2023	192,626			$ 76,280		10,942		120,855			(15,451)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	5,226							5,226
Other comprehensive (loss) income	(1,301)										(1,301)
Stock issued under stock-based compensation plans, net of forfeiture (in shares)				31,816
Stock issued under stock-based compensation plans, net of forfeiture	139			$ 160		(21)
Stock-based compensation, net	319					319
Repurchase of common stock (shares)				(49,697)
Repurchase of common stock	(483)			$ (483)
Cash dividends declared ($0.12 per share)	(1,801)							(1,801)
Ending balance (shares) at Mar. 31, 2024				14,982,555
Ending balance at Mar. 31, 2024	$ 194,725			$ 75,957		$ 11,240		$ 124,280			$ (16,752)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (USD per share)	$ 0.12	$ 0.12

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net income	$ 5,226	$ 7,534
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Provision for (reversal of) credit losses	145	(338)
Depreciation and amortization of premises and equipment	367	334
Amortization of net premiums on securities	35	72
Amortization of servicing assets	888	961
Accretion of net discounts on loans	(641)	(984)
Amortization of low income housing partnerships	517	361
Stock-based compensation, net	319	324
Deferred income taxes	54	1,698
Gain on sale of loans	(1,703)	(2,570)
Earnings on company owned life insurance	(166)	(149)
Net change in fair value of equity investment with readily determinable fair value	36	(54)
Origination of loans held for sale	(40,017)	(9,666)
Proceeds from sales of loans held for sale	26,888	47,937
Net change in:
Accrued interest receivable	(111)	(122)
Other assets	8,000	443
Accrued interest payable	(358)	2,980
Other liabilities	(2,633)	(3,715)
Net cash from operating activities	(3,154)	45,046
Cash flows from investing activities
Net change in loans receivable	(38,510)	(1,080)
Proceeds from matured, called, or paid-down securities available for sale	5,142	5,721
Purchase of loans	0	(12,142)
Purchase of available-for-sale debt securities	0	(5,647)
Purchase of equity investments	(24)	(20)
Purchase of premises and equipment, net	(90)	(581)
Investments in low-income housing partnerships	(1,042)	(113)
Net cash from investing activities	(34,524)	(13,862)
Cash flows from financing activities
Net change in deposits	87,853	19,047
Cash received from stock option exercises	160	720
Proceeds from Federal Home Loan Bank advances	0	50,000
Repurchase of common stock	(483)	(571)
Cash dividend paid on common stock	(1,801)	(1,832)
Payments related to tax-withholding for vested restricted stock awards	(21)	(11)
Net cash from financing activities	85,708	67,353
Net change in cash and cash equivalents	48,030	98,537
Cash and cash equivalents at beginning of period	91,216	82,972
Cash and cash equivalents at end of period	139,246	181,509
Cash paid during the period for:
Interest	17,292	7,722
Supplemental noncash disclosure:
Initial recognition of right-of-use assets	871	849
Transfer of loan to other real estate owned	$ 1,237	$ 0

Business and Basis of Presentat

Business and Basis of Presentation	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation OP Bancorp ("Company") is a California corporation and bank holding company for Open Bank (“Bank”). The Company commenced operation as a bank holding company on June 1, 2016, and substantially all of its assets, operations and business are owned and conducted through 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 eleven full-service branches located in California, Washington, Nevada and Texas, and four loan production offices located in California, Georgia, Washington and Colorado. The accompanying unaudited consolidated financial statements and notes thereto of the Company have been prepared by management in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) for Form 10-Q and conform to practices within the banking industry and include all of the information and disclosures required by accounting principles generally accepted in the United States of America (“GAAP”) for interim financial reporting. The accompanying unaudited consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments), which are necessary for a fair presentation of the financial results for the interim periods presented, including eliminating intercompany transactions and balances. Certain items on the consolidated financial statements and notes for prior years have been reclassified to conform to the 2024 presentation. The results of operations for the interim periods are not necessarily indicative of the results for the full year. These interim unaudited financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (“2023 Annual Report on Form 10-K”). Descriptions of our significant accounting policies are included in Note 1. Summary of Significant Accounting Policies in the Notes to consolidated financial statements in the 2023 Annual Report on Form 10-K. New Accounting Pronouncements Adopted FASB 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	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023: March 31, 2024 ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 46,755 $ — $ (4,746) $ 42,009 Residential collateralized mortgage obligations 158,503 — (19,035) 139,468 Municipal securities - tax exempt 5,751 78 (81) 5,748 Total AFS debt securities $ 211,009 $ 78 $ (23,862) $ 187,225 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 There were no sales of AFS debt securities during the three months ended March 31, 2024 and 2023. The amortized cost and estimated fair value of AFS debt securities as of March 31, 2024, by contractual maturity, are shown below: ($ in thousands) Amortized Fair After one year through five years $ 1,172 $ 1,124 After five years through ten years 3,141 2,857 After ten years 206,696 183,244 Total AFS debt securities $ 211,009 $ 187,225 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 March 31, 2024 and December 31, 2023, 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 March 31, 2024 and December 31, 2023: March 31, 2024 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 $ — $ — $ 42,009 $ (4,746) $ 42,009 $ (4,746) Residential collateralized mortgage obligations 30,766 (483) 108,702 (18,552) 139,468 (19,035) Municipal securities - tax exempt 2,615 (81) — — 2,615 (81) Total AFS debt securities $ 33,381 $ (564) $ 150,711 $ (23,298) $ 184,092 $ (23,862) 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) 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 March 31, 2024, the Company's AFS debt securities consisted of 86 securities, of which 85 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 have allowance for credit losses as of March 31, 2024 and December 31, 2023. As of March 31, 2024 and December 31, 2023, 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 March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 FHLB stock $ 12,528 $ 12,528 Pacific Coast Bankers Bank ("PCBB") stock 190 190 Mutual fund - Community Reinvestment Act ("CRA") qualified 3,451 3,463 Time deposits placed in other banks 95 95 Total other investments $ 16,264 $ 16,276 The Company has equity investment in a mutual fund with readily determinable fair value of $3.5 million and $3.5 million as of March 31, 2024 and December 31, 2023, 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 $36 thousand unrealized loss and a $54 thousand unrealized gain for the three months ended March 31, 2024 and 2023, 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	3 Months Ended
	Mar. 31, 2024
Receivables [Abstract]
Loans and Allowance for Credit Losses on Loans	90 Days Past Due Total Past Due (1) Loans Not Past Due Total (2) As of March 31, 2024 Commercial real estate $ — $ — $ 319 $ 319 $ 905,215 $ 905,534 SBA—real estate 801 70 1,838 2,709 228,794 231,503 SBA—non-real estate — 175 — 175 15,872 16,047 C&I — — — — 147,508 147,508 Home mortgage 217 2,893 — 3,110 499,885 502,995 Consumer — — — — 1,400 1,400 Total $ 1,018 $ 3,138 $ 2,157 $ 6,313 $ 1,798,674 $ 1,804,987 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 (1) Excludes guaranteed portion of SBA loans of $2.6 million and $1.9 million as of March 31, 2024 and December 31, 2023, respectively. (2) Excludes accrued interest receivables of $7.4 million and $7.3 million as of March 31, 2024 and December 31, 2023, 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. No charge-offs of previously modified loans were recorded for the three months ended March 31, 2024 and 2023. No loan modifications were made to borrowers experiencing financial difficulty during the three months ended March 31, 2024 and 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 March 31, 2024 and December 31, 2023: March 31, 2024 Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term Loans Total (1) ($ in thousands) 2024 2023 2022 2021 2020 Prior Commercial real estate Pass $ 46,808 $ 110,748 $ 265,976 $ 191,019 $ 93,290 $ 171,390 $ 21,012 $ — $ 900,243 Special mention — — — — — — — — — Substandard — 4,667 — — — 624 — — 5,291 Doubtful — — — — — — — — — Subtotal $ 46,808 $ 115,415 $ 265,976 $ 191,019 $ 93,290 $ 172,014 $ 21,012 $ — $ 905,534 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — SBA— real estate Pass $ 10,510 $ 31,940 $ 45,135 $ 25,844 $ 20,777 $ 88,829 $ — $ — $ 223,035 Special mention — — — — — 1,415 — — 1,415 Substandard — — 1,791 2,893 1,139 1,230 — — 7,053 Doubtful — — — — — — — — — Subtotal $ 10,510 $ 31,940 $ 46,926 $ 28,737 $ 21,916 $ 91,474 $ — $ — $ 231,503 Current period charge-offs $ — $ — $ — $ 66 $ — $ — $ — $ — $ 66 SBA—non-real estate Pass $ 2,256 $ 5,161 $ 2,501 $ 187 $ 1,511 $ 3,753 $ — $ — $ 15,369 Special mention — — — — — — — — — Substandard — — 555 — — 123 — — 678 Doubtful — — — — — — — — — Subtotal $ 2,256 $ 5,161 $ 3,056 $ 187 $ 1,511 $ 3,876 $ — $ — $ 16,047 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — C&I Pass $ 1,667 $ 15,222 $ 17,719 $ 20,588 $ 4,204 $ 2,641 $ 82,992 $ 2,475 $ 147,508 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 1,667 $ 15,222 $ 17,719 $ 20,588 $ 4,204 $ 2,641 $ 82,992 $ 2,475 $ 147,508 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Home mortgage Pass $ 2,532 $ 69,406 $ 297,571 $ 76,970 $ 18,245 $ 38,054 $ — $ — $ 502,778 Special mention — — — — — — — — — Substandard — — — — — 217 — — 217 Doubtful — — — — — — — — — Subtotal $ 2,532 $ 69,406 $ 297,571 $ 76,970 $ 18,245 $ 38,271 $ — $ — $ 502,995 Current period charge-offs $ — $ — $ — $ — $ — $ 2 $ — $ — $ 2 Consumer Pass $ 8 $ — $ — $ — $ — $ — $ 1,392 $ — $ 1,400 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 8 $ — $ — $ — $ — $ — $ 1,392 $ — $ 1,400 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Total loans Pass $ 63,781 $ 232,477 $ 628,902 $ 314,608 $ 138,027 $ 304,667 $ 105,396 $ 2,475 $ 1,790,333 Special mention — — — — — 1,415 — — 1,415 Substandard — 4,667 2,346 2,893 1,139 2,194 — — 13,239 Doubtful — — — — — — — — — Subtotal $ 63,781 $ 237,144 $ 631,248 $ 317,501 $ 139,166 $ 308,276 $ 105,396 $ 2,475 $ 1,804,987 Current period charge-offs $ — $ — $ — $ 66 $ — $ 2 $ — $ — $ 68 (1) Excludes accrued interest receivables 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" id="sjs-B4">Loans and Allowance for Credit Losses on Loans Loans The following table presents the composition of the loan portfolio as of March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Commercial real estate $ 905,534 $ 885,585 SBA—real estate 231,503 224,695 SBA—non-real estate 16,047 14,997 C&I 147,508 120,970 Home mortgage 502,995 518,024 Consumer 1,400 1,574 Gross loans receivable 1,804,987 1,765,845 Allowance for credit losses (22,129) (21,993) Loans receivable, net (1) $ 1,782,858 $ 1,743,852 (1) Includes net deferred loan costs and unamortized premiums of $108 thousand and $140 thousand as of March 31, 2024 and December 31, 2023, respectively. No loans were outstanding to related parties as of March 31, 2024 and December 31, 2023. 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 characteristics. The Company elected to use the Call Report codes and loan risk ratings for loan segmentation in allowance for credit losses. 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 $500 thousand along with the performing and accrual loans, in order to reduce the operational burden of individually assessing small nonaccrual loans with immaterial balances. For individually assessed loans, the allowance for credit losses is measured using either 1) the present value of future cash flows discounted at the loan’s effective interest rate; or 2) the fair value of the collateral, if the loan is collateral-dependent. For the collateral-dependent loans, the Company obtains a new appraisal to determine the fair value of collateral. The appraisals are based on an “as-is” valuation. To ensure that appraised values remain current, the Company obtains updated appraisals every twelve months from a qualified independent appraiser. If the fair value of the collateral is less than the amortized balance of the loan, the Company recognizes an allowance for credit losses with a corresponding charge to the provision for credit losses. The Company maintains a separate allowance for credit losses for its off-balance sheet commitments. The Company uses an estimated funding rate to allocate an allowance to undrawn exposures. This funding rate is used as a credit conversion factor to capture how much undrawn lines of credit can potentially become drawn at any point. The funding rate is determined based on a look-back period of 8 quarters. Credit loss is not estimated for off-balance sheet commitments that are unconditionally cancellable by the Company. The following table summarizes the activity in the allowance for credit losses on loans by portfolio segment for the three months ended March 31, 2024 and 2023: ($ in thousands) Commercial Real Estate SBA— Real Estate SBA —Non- Real Estate C&I Home Mortgage Consumer Total Three Months Ended March 31, 2024 Beginning balance $ 7,915 $ 1,657 $ 147 $ 1,215 $ 11,045 $ 14 $ 21,993 Provision for (reversal of) credit losses 129 1,202 71 448 (1,652) (5) 193 Charge-offs — (66) — — (2) — (68) Recoveries — — 11 — — — 11 Ending balance $ 8,044 $ 2,793 $ 229 $ 1,663 $ 9,391 $ 9 $ 22,129 Three Months Ended March 31, 2023 Beginning balance $ 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 (951) (140) (7) (53) 893 — (258) Charge-offs (91) (11) (14) — — — (116) Recoveries — — 23 — — — 23 Ending balance $ 6,784 $ 1,218 $ 67 $ 1,270 $ 11,472 $ 3 $ 20,814 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 March 31, 2024 and December 31, 2023, there were $2.9 million and $5.2 million, respectively, of collateral-dependent loans which are primarily secured by commercial real estate. The allowance for credit losses allocated to these loans as of March 31, 2024 and December 31, 2023 was $360 thousand and $355, respectively. The following table represents the amortized cost basis of collateral-dependent loans by class of loans as of March 31, 2024 and December 31, 2023, for which repayment is expected to be obtained through the sale of the underlying collateral. ($ in thousands) Hotel / Motel Single-Family Residential Total As of March 31, 2024 SBA—real estate $ 2,930 $ — $ 2,930 Total $ 2,930 $ — $ 2,930 As of December 31, 2023 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 March 31, 2024 and December 31, 2023: ($ 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 March 31, 2024 Commercial real estate $ 319 $ — $ 319 $ — $ 319 SBA—real estate 2,489 1,140 3,629 — 3,629 SBA—non-real estate 178 — 178 — 178 Home mortgage 217 — 217 — 217 Total $ 3,203 $ 1,140 $ 4,343 $ — $ 4,343 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 (1) Excludes guaranteed portion of SBA loans of $3.1 million and $2.0 million as of March 31, 2024 and December 31, 2023, respectively. Nonaccrual loans and loans past due 90 or more days and still accruing interest include both homogeneous loans that are collectively and individually evaluated for impairment and individually classified impaired loans. The following table represents the aging analysis of the recorded investment in past due loans as of March 31, 2024 and December 31, 2023: ($ 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 March 31, 2024 Commercial real estate $ — $ — $ 319 $ 319 $ 905,215 $ 905,534 SBA—real estate 801 70 1,838 2,709 228,794 231,503 SBA—non-real estate — 175 — 175 15,872 16,047 C&I — — — — 147,508 147,508 Home mortgage 217 2,893 — 3,110 499,885 502,995 Consumer — — — — 1,400 1,400 Total $ 1,018 $ 3,138 $ 2,157 $ 6,313 $ 1,798,674 $ 1,804,987 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 (1) Excludes guaranteed portion of SBA loans of $2.6 million and $1.9 million as of March 31, 2024 and December 31, 2023, respectively. (2) Excludes accrued interest receivables of $7.4 million and $7.3 million as of March 31, 2024 and December 31, 2023, 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. No charge-offs of previously modified loans were recorded for the three months ended March 31, 2024 and 2023. No loan modifications were made to borrowers experiencing financial difficulty during the three months ended March 31, 2024 and 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 March 31, 2024 and December 31, 2023: March 31, 2024 Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term Loans Total (1) ($ in thousands) 2024 2023 2022 2021 2020 Prior Commercial real estate Pass $ 46,808 $ 110,748 $ 265,976 $ 191,019 $ 93,290 $ 171,390 $ 21,012 $ — $ 900,243 Special mention — — — — — — — — — Substandard — 4,667 — — — 624 — — 5,291 Doubtful — — — — — — — — — Subtotal $ 46,808 $ 115,415 $ 265,976 $ 191,019 $ 93,290 $ 172,014 $ 21,012 $ — $ 905,534 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — SBA— real estate Pass $ 10,510 $ 31,940 $ 45,135 $ 25,844 $ 20,777 $ 88,829 $ — $ — $ 223,035 Special mention — — — — — 1,415 — — 1,415 Substandard — — 1,791 2,893 1,139 1,230 — — 7,053 Doubtful — — — — — — — — — Subtotal $ 10,510 $ 31,940 $ 46,926 $ 28,737 $ 21,916 $ 91,474 $ — $ — $ 231,503 Current period charge-offs $ — $ — $ — $ 66 $ — $ — $ — $ — $ 66 SBA—non-real estate Pass $ 2,256 $ 5,161 $ 2,501 $ 187 $ 1,511 $ 3,753 $ — $ — $ 15,369 Special mention — — — — — — — — — Substandard — — 555 — — 123 — — 678 Doubtful — — — — — — — — — Subtotal $ 2,256 $ 5,161 $ 3,056 $ 187 $ 1,511 $ 3,876 $ — $ — $ 16,047 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — C&I Pass $ 1,667 $ 15,222 $ 17,719 $ 20,588 $ 4,204 $ 2,641 $ 82,992 $ 2,475 $ 147,508 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 1,667 $ 15,222 $ 17,719 $ 20,588 $ 4,204 $ 2,641 $ 82,992 $ 2,475 $ 147,508 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Home mortgage Pass $ 2,532 $ 69,406 $ 297,571 $ 76,970 $ 18,245 $ 38,054 $ — $ — $ 502,778 Special mention — — — — — — — — — Substandard — — — — — 217 — — 217 Doubtful — — — — — — — — — Subtotal $ 2,532 $ 69,406 $ 297,571 $ 76,970 $ 18,245 $ 38,271 $ — $ — $ 502,995 Current period charge-offs $ — $ — $ — $ — $ — $ 2 $ — $ — $ 2 Consumer Pass $ 8 $ — $ — $ — $ — $ — $ 1,392 $ — $ 1,400 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 8 $ — $ — $ — $ — $ — $ 1,392 $ — $ 1,400 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Total loans Pass $ 63,781 $ 232,477 $ 628,902 $ 314,608 $ 138,027 $ 304,667 $ 105,396 $ 2,475 $ 1,790,333 Special mention — — — — — 1,415 — — 1,415 Substandard — 4,667 2,346 2,893 1,139 2,194 — — 13,239 Doubtful — — — — — — — — — Subtotal $ 63,781 $ 237,144 $ 631,248 $ 317,501 $ 139,166 $ 308,276 $ 105,396 $ 2,475 $ 1,804,987 Current period charge-offs $ — $ — $ — $ 66 $ — $ 2 $ — $ — $ 68 (1) Excludes accrued interest receivables 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

Premises and Equipment

Premises and Equipment	3 Months Ended
	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment The following table presents information regarding the premises and equipment as of March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Leasehold improvements $ 9,202 $ 9,135 Furniture and fixtures 4,585 4,814 Equipment and others 3,509 3,504 Total premises and equipment 17,296 17,453 Accumulated depreciation (12,325) (12,205) Total premises and equipment, net $ 4,971 $ 5,248

Servicing Assets

Servicing Assets	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023. The following table presents an analysis of the changes in activity for loan servicing assets during the three months ended March 31, 2024 and 2023: Three Months Ended March 31, ($ in thousands) 2024 2023 Beginning balance $ 11,741 $ 12,759 Additions from loans sold with servicing retained 552 1,100 Amortized to expense (888) (961) Ending balance $ 11,405 $ 12,898 The fair value of the servicing assets was $17.4 million as of March 31, 2024, which was determined using discount rates ranging from 3.75% to 11.00% and prepayment speeds ranging from 12.70% to 12.90%, depending on the stratification of the specific assets. The fair value of the servicing assets was $18.0 million as of March 31, 2023, which was determined using discount rates ranging from 4.75% to 10.25% and prepayment speeds ranging from 13.10% to 13.20% depending on the stratification of the specific assets.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2024
Deposits [Abstract]
Deposits	Deposits Time deposits that exceed the FDIC insurance limit of $250 thousand as of March 31, 2024 and December 31, 2023 were $451.5 million and $433.9 million, respectively. The following table presents the scheduled contractual maturities of time deposits as of March 31, 2024: ($ in thousands) Remainder of 2024 $ 744,388 2025 265,103 2026 18,162 2027 345 2028 and thereafter 299 Total $ 1,028,297 Deposits from principal officers, directors, and their affiliates as of March 31, 2024 and December 31, 2023 were $2.1 million and $1.8 million, respectively.

Borrowing Arrangements

Borrowing Arrangements	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
Borrowing Arrangements	Borrowing Arrangements As of March 31, 2024, the Company had $105.0 million advances from FHLB with a weighted average interest rate of 4.64% and a weighted average remaining term of 0.8 years, compared to $105 million advances with a weighted average interest rate of 4.65% and a weighted average remaining term of 0.9 years as of December 31, 2023. The Company has a letter of credit with the FHLB in the amount of $100.0 million and $67.0 million to secure a public deposit as of March 31, 2024 and December 31, 2023, respectively. The Company had available borrowing capacity from the following institutions as of March 31, 2024: ($ in thousands) FHLB $ 331,917 Federal Reserve Bank 185,913 Pacific Coast Bankers Bank 50,000 Zions Bank 25,000 First Horizon Bank 25,000 Total $ 617,830 The Company has pledged approximately $1.39 billion and $1.39 billion of loans as collateral for these lines of credit as of March 31, 2024 and December 31, 2023, respectively.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s income tax expense was $2.0 million and $3.1 million for the three months ended March 31, 2024 and 2023, respectively. The effective income tax rate was 28.0% and 29.0% for the three months ended March 31, 2024 and 2023, respectively. 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 March 31, 2024 and December 31, 2023, and the Company does not expect any significant increase in unrealized tax benefits in the next twelve months.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Loan commitments $ 232,758 $ 257,626 Standby letter of credit 16,145 6,707 Commercial letter of credit 353 22 Total undisbursed credit related commitments $ 249,256 $ 264,355 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 March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Investments in low-income housing partnerships $ 16,370 $ 16,887 Unfunded commitments to fund investments for low-income housing partnerships 10,863 11,905 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 $517 thousand and $361 thousand for the three months ended March 31, 2024 and 2023, respectively. Additionally, the Company recognized tax credits and other benefits from the investments in low-income housing partnerships of $655 thousand and $456 thousand and for the three months ended March 31, 2024 and 2023, respectively.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has two stock-based compensation plans currently in effect as of March 31, 2024, as described further below. Total compensation cost that has been charged against earnings for these plans for the three months ended March 31, 2024 and 2023 was $319 thousand and $324 thousand, respectively. 2010 Plan : In 2010, the Board of Directors of the Bank approved a new equity incentive plan for granting stock options and restricted stock awards to key employees, officers, and non-employee directors of the Bank (the “2010 Plan”). In 2013, the 2010 Plan was amended and approved by the shareholders to increase the number of shares authorized to be issued under from 1,350,000 shares to 2,500,000 shares of common stock. The 2010 Plan was assumed by the Company in 2016 at the time of the bank holding company reorganization. The exercise prices of stock options granted under the plan may not be less than 100% of the fair value of the Company’s stock at the date of grant. The options, when granted, vest ratably over five years from the date of the grant and expire after ten years if not exercised. The 2010 Plan expired in August 2020, and no further grants can be made under the 2010 Plan. Restricted stock awards issued under the 2010 Plan may or may not be subject to vesting provisions. Owners of the restricted stock awards shall have all of the rights of a shareholder including the right to vote the shares and to all dividends (cash or stock). Compensation expense related to restricted stock awards will be recognized over the vesting period of the awards based on the fair value of the Company’s common stock at the issue date. A summary of the stock options outstanding under the 2010 Plan for the three months ended March 31, 2024 is as follows: ($ in thousands, except share data) Number of Weighted Aggregate Outstanding, as of January 1, 2024 60,000 $ 8.00 $ 177 Options granted — — Options exercised (60,000) 8.00 Options forfeited — — Options expired — — Outstanding, as of March 31, 2024 — $ — $ — Fully vested and expected to vest — $ — $ — Vested — $ — $ — Information related to stock options exercised under the 2010 Plan for the periods indicated follows: Three Months Ended March 31, ($ in thousands) 2024 2023 Intrinsic value of options exercised $ 144 $ 186 Cash received from option exercises 160 720 Tax provision realized from option exercised 24 (3) A summary of the changes in the Company's non-vested restricted stock awards under the 2010 Plan for the three months ended March 31, 2024 is as follows: ($ in thousands, except share data) Shares Issued Weighted Average Grant Date Fair Value Aggregate Non-vested, as of January 1, 2024 10,000 $ 9.69 $ 110 Awards granted — — Awards vested — — Awards forfeited — — Non-vested, as of March 31, 2024 10,000 $ 9.69 $ 100 No tax benefits or expenses were realized from restricted stock awards under the 2020 Plan for the three months ended March 31, 2024 and 2023. As of March 31, 2024, the Company had approximately $13 thousand of unrecognized compensation cost related to unvested restricted stock awards under the 2010 Plan. The Company expects to recognize these costs over a weighted average period of 0.6 years. 2021 Plan : In 2021, the Board of Directors of the Company approved a new equity incentive plan for granting stock options and restricted stock awards to key employees, officers, and non-employee directors of the Company and the Bank (the “2021 Plan”). The 2021 Plan was approved by the Company’s shareholders at the 2021 Annual Meeting. The number of shares authorized to be issued under the 2021 Plan was 1,500,000 shares of the Company’s common stock. The exercise prices of stock options granted under the plan may not be less than 100.00% of the fair value of the Company’s stock at the date of grant. There are no stock options granted under the 2021 Plan as of March 31, 2024. Restricted stock awards issued under the 2021 Plan may or may not be subject to vesting provisions. Owners of the restricted stock awards shall have all rights of a shareholder including the right to vote the shares and to all dividends (cash or stock). Compensation expense related to restricted stock awards will be recognized over the vesting period of the awards based on the fair value of the Company’s common stock at the issue date. A summary of the changes in the Company’s non-vested restricted stock awards under the 2021 Plan for the three months ended March 31, 2024 is as follows: ($ in thousands, except share data) Shares Issued Weighted Aggregate Non-vested, as of January 1, 2024 278,851 $ 11.45 $ 3,053 Awards granted — — Awards vested (4,129) 12.90 Awards forfeited (3,000) 12.90 Non-vested, as of March 31, 2024 271,722 $ 11.41 $ 2,712 Information related to vested restricted stock awards under the 2021 Plan for the periods indicated follows: Three Months Ended March 31, ($ in thousands) 2024 2023 Tax provision realized from awards vested $ (3) $ (2) There were 1,116,001 shares available for future grants of either stock options or restricted stock awards under the 2021 Plan as of March 31, 2024. The Company had approximately $1.4 million of unrecognized compensation cost related to unvested restricted stock awards under the 2021 Plan as of March 31, 2024. The Company expects to recognize these costs over a weighted average period of 1.3 years.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023 are summarized below: Fair Value Measure on a Recurring Basis ($ in thousands) Total Quoted Significant Other Significant March 31, 2024 U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 42,009 $ — $ 42,009 $ — Residential collateralized mortgage obligations 139,468 — 139,468 — Municipal securities - tax exempt 5,748 — 5,748 — Other investments: Mutual fund - CRA qualified 3,451 3,451 — — 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 — — There were no transfers of assets or liabilities between the Level 1 and Level 2 classifications for the three months ended March 31, 2024 or 2023. 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. Fair value for collateral-dependent 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. Other real estate owned : Fair value of other real estate owned ("OREO") is based primarily on third party appraisals, less costs to sell and result in a Level 3 classification of the inputs for determining fair value. Appraisals are required annually and may be updated more frequently as circumstances require and the fair value adjustments are made to OREO based on the updated appraised value of the property. 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 March 31, 2024 and December 31, 2023: Fair Value Measure on a Nonrecurring Basis ($ in thousands) Total Quoted Significant Other Significant March 31, 2024 Collateral-dependent loans: SBA—real estate $ 1,432 $ — $ — $ 1,432 OREO 1,237 1,237 Total $ 2,669 $ — $ — $ 2,669 December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 $ — $ — $ 1,432 Total $ 1,432 $ — $ — $ 1,432 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: Three Months Ended March 31, ($ in thousands) 2024 2023 Collateral-dependent loans: SBA—real estate $ — $ 2 C&I — 11 Total $ — $ 13 The following table presents information about significant unobservable inputs utilized in the Company’s nonrecurring Level 3 fair value measurements as of March 31, 2024 and December 31, 2023: ($ in thousands) Fair Value Valuation Unobservable Range of Weighted- Average of Inputs (1) March 31, 2024 Collateral-dependent loans: SBA—real estate $ 1,432 Income approach - income capitalization Capitalization rate 9.0% to 11.8% 10.4% December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 Income approach - income capitalization Capitalization rate 9.3% to 11.0% 9.9% (1) Weighted-average of inputs is based on the relative fair value of the respective assets as of March 31, 2024 and December 31, 2023 . 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 March 31, 2024 and December 31, 2023 are as follows. These financial assets and liabilities are measured at amortized cost basis on the Company’s Consolidated Balance Sheets: March 31, 2024 ($ in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and cash equivalents $ 139,246 $ 139,246 $ — $ — $ 139,246 Loans held for sale 16,075 — 17,361 — 17,361 Loans receivable, net 1,782,858 — — 1,839,133 1,839,133 Accrued interest receivable, net 8,370 164 810 7,396 8,370 Other investments: FHLB and PCBB stock 12,718 N/A N/A N/A N/A Time deposits placed 95 — 95 — 95 Servicing assets 11,405 — — 17,396 17,396 Financial liabilities: Deposits 1,895,411 — 1,896,439 — 1,896,439 FHLB advances 105,000 — 104,455 — 104,455 Accrued interest payable 12,270 — 12,270 — 12,270 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

Regulatory Capital Matters

Regulatory Capital Matters	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023, 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 $3 billion asset level, it will again be subject to capital measurements independent of the Bank. The following table presents the regulatory capital amounts and ratios for the Company and the Bank as of dates indicated: March 31, 2024 Actual (1) Required for Minimum ($ in thousands) Amount Ratio Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Consolidated $ 233,132 13.59 % N/A N/A N/A N/A Bank 231,995 13.53 $ 137,205 8.00 % $ 171,507 10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 211,692 12.34 N/A N/A N/A N/A Bank 210,557 12.28 102,904 6.00 137,205 8.00 Common equity Tier 1 capital (to risk-weighted Consolidated 211,692 12.34 N/A N/A N/A N/A Bank 210,557 12.28 77,178 4.50 111,479 6.50 Tier 1 capital (to average assets) Consolidated 211,692 9.65 N/A N/A N/A N/A Bank 210,557 9.60 87,736 4.00 109,670 5.00 (1) The capital requirements are only applicable to the Bank, and the Company's ratios are included for comparison purpose. 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.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2024
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 three months ended March 31, 2024 and 2023: Three Months Ended March 31, ($ in thousands, except share and per share data) 2024 2023 Basic Net income $ 5,226 $ 7,534 Distributed and undistributed earnings allocated to participating securities (98) (159) Net income allocated to common shares $ 5,128 $ 7,375 Weighted average common shares outstanding 14,991,835 15,284,350 Basic earnings per common share $ 0.34 $ 0.48 Diluted Net income allocated to common shares $ 5,128 $ 7,375 Weighted average common shares outstanding for basic earnings per common share 14,991,835 15,284,350 Add: Dilutive effects of assumed exercises of stock options — 28,323 Average shares and dilutive potential common shares 14,991,835 15,312,673 Diluted earnings per common share $ 0.34 $ 0.48 No share of common stock was antidilutive for the three months ended March 31, 2024 and 2023.

Business and Basis of Present_2

Business and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
New Accounting Pronouncements Adopted and Recently Issued Accounting Pronouncements under Evaluation	New Accounting Pronouncements Adopted FASB 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.
Credit Loss, Financial Instrument	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 characteristics. The Company elected to use the Call Report codes and loan risk ratings for loan segmentation in allowance for credit losses. 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.

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023: March 31, 2024 ($ in thousands) Amortized Cost Gross Unrealized Gain Gross Unrealized Loss Fair Value U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 46,755 $ — $ (4,746) $ 42,009 Residential collateralized mortgage obligations 158,503 — (19,035) 139,468 Municipal securities - tax exempt 5,751 78 (81) 5,748 Total AFS debt securities $ 211,009 $ 78 $ (23,862) $ 187,225 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
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 March 31, 2024, by contractual maturity, are shown below: ($ in thousands) Amortized Fair After one year through five years $ 1,172 $ 1,124 After five years through ten years 3,141 2,857 After ten years 206,696 183,244 Total AFS debt securities $ 211,009 $ 187,225
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 March 31, 2024 and December 31, 2023: March 31, 2024 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 $ — $ — $ 42,009 $ (4,746) $ 42,009 $ (4,746) Residential collateralized mortgage obligations 30,766 (483) 108,702 (18,552) 139,468 (19,035) Municipal securities - tax exempt 2,615 (81) — — 2,615 (81) Total AFS debt securities $ 33,381 $ (564) $ 150,711 $ (23,298) $ 184,092 $ (23,862) 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)
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 March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 FHLB stock $ 12,528 $ 12,528 Pacific Coast Bankers Bank ("PCBB") stock 190 190 Mutual fund - Community Reinvestment Act ("CRA") qualified 3,451 3,463 Time deposits placed in other banks 95 95 Total other investments $ 16,264 $ 16,276

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses on Loans (Tables)	3 Months Ended
	Mar. 31, 2024
Receivables [Abstract]
Schedule of Composition of Loan Portfolio	The following table presents the composition of the loan portfolio as of March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Commercial real estate $ 905,534 $ 885,585 SBA—real estate 231,503 224,695 SBA—non-real estate 16,047 14,997 C&I 147,508 120,970 Home mortgage 502,995 518,024 Consumer 1,400 1,574 Gross loans receivable 1,804,987 1,765,845 Allowance for credit losses (22,129) (21,993) Loans receivable, net (1) $ 1,782,858 $ 1,743,852 (1) Includes net deferred loan costs and unamortized premiums of $108 thousand and $140 thousand as of March 31, 2024 and December 31, 2023, respectively. The following table represents the amortized cost basis of collateral-dependent loans by class of loans as of March 31, 2024 and December 31, 2023, for which repayment is expected to be obtained through the sale of the underlying collateral. ($ in thousands) Hotel / Motel Single-Family Residential Total As of March 31, 2024 SBA—real estate $ 2,930 $ — $ 2,930 Total $ 2,930 $ — $ 2,930 As of December 31, 2023 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 three months ended March 31, 2024 and 2023: ($ in thousands) Commercial Real Estate SBA— Real Estate SBA —Non- Real Estate C&I Home Mortgage Consumer Total Three Months Ended March 31, 2024 Beginning balance $ 7,915 $ 1,657 $ 147 $ 1,215 $ 11,045 $ 14 $ 21,993 Provision for (reversal of) credit losses 129 1,202 71 448 (1,652) (5) 193 Charge-offs — (66) — — (2) — (68) Recoveries — — 11 — — — 11 Ending balance $ 8,044 $ 2,793 $ 229 $ 1,663 $ 9,391 $ 9 $ 22,129 Three Months Ended March 31, 2023 Beginning balance $ 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 (951) (140) (7) (53) 893 — (258) Charge-offs (91) (11) (14) — — — (116) Recoveries — — 23 — — — 23 Ending balance $ 6,784 $ 1,218 $ 67 $ 1,270 $ 11,472 $ 3 $ 20,814
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 March 31, 2024 and December 31, 2023: ($ 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 March 31, 2024 Commercial real estate $ 319 $ — $ 319 $ — $ 319 SBA—real estate 2,489 1,140 3,629 — 3,629 SBA—non-real estate 178 — 178 — 178 Home mortgage 217 — 217 — 217 Total $ 3,203 $ 1,140 $ 4,343 $ — $ 4,343 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 (1) Excludes guaranteed portion of SBA loans of $3.1 million and $2.0 million as of March 31, 2024 and December 31, 2023, respectively.
Schedule of Aging Analysis of Recorded Investment in Past Due Loans	The following table represents the aging analysis of the recorded investment in past due loans as of March 31, 2024 and December 31, 2023: ($ 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 March 31, 2024 Commercial real estate $ — $ — $ 319 $ 319 $ 905,215 $ 905,534 SBA—real estate 801 70 1,838 2,709 228,794 231,503 SBA—non-real estate — 175 — 175 15,872 16,047 C&I — — — — 147,508 147,508 Home mortgage 217 2,893 — 3,110 499,885 502,995 Consumer — — — — 1,400 1,400 Total $ 1,018 $ 3,138 $ 2,157 $ 6,313 $ 1,798,674 $ 1,804,987 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 (1) Excludes guaranteed portion of SBA loans of $2.6 million and $1.9 million as of March 31, 2024 and December 31, 2023, respectively. (2) Excludes accrued interest receivables of $7.4 million and $7.3 million as of March 31, 2024 and December 31, 2023, respectively.
Schedule of Credit Risk Ratings by Portfolio Segment	The following table presents the loan portfolio's amortized cost by loan type, risk rating and year of origination as of March 31, 2024 and December 31, 2023: March 31, 2024 Term Loans by Origination Year Revolving Loans Revolving Loans Converted to Term Loans Total (1) ($ in thousands) 2024 2023 2022 2021 2020 Prior Commercial real estate Pass $ 46,808 $ 110,748 $ 265,976 $ 191,019 $ 93,290 $ 171,390 $ 21,012 $ — $ 900,243 Special mention — — — — — — — — — Substandard — 4,667 — — — 624 — — 5,291 Doubtful — — — — — — — — — Subtotal $ 46,808 $ 115,415 $ 265,976 $ 191,019 $ 93,290 $ 172,014 $ 21,012 $ — $ 905,534 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — SBA— real estate Pass $ 10,510 $ 31,940 $ 45,135 $ 25,844 $ 20,777 $ 88,829 $ — $ — $ 223,035 Special mention — — — — — 1,415 — — 1,415 Substandard — — 1,791 2,893 1,139 1,230 — — 7,053 Doubtful — — — — — — — — — Subtotal $ 10,510 $ 31,940 $ 46,926 $ 28,737 $ 21,916 $ 91,474 $ — $ — $ 231,503 Current period charge-offs $ — $ — $ — $ 66 $ — $ — $ — $ — $ 66 SBA—non-real estate Pass $ 2,256 $ 5,161 $ 2,501 $ 187 $ 1,511 $ 3,753 $ — $ — $ 15,369 Special mention — — — — — — — — — Substandard — — 555 — — 123 — — 678 Doubtful — — — — — — — — — Subtotal $ 2,256 $ 5,161 $ 3,056 $ 187 $ 1,511 $ 3,876 $ — $ — $ 16,047 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — C&I Pass $ 1,667 $ 15,222 $ 17,719 $ 20,588 $ 4,204 $ 2,641 $ 82,992 $ 2,475 $ 147,508 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 1,667 $ 15,222 $ 17,719 $ 20,588 $ 4,204 $ 2,641 $ 82,992 $ 2,475 $ 147,508 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Home mortgage Pass $ 2,532 $ 69,406 $ 297,571 $ 76,970 $ 18,245 $ 38,054 $ — $ — $ 502,778 Special mention — — — — — — — — — Substandard — — — — — 217 — — 217 Doubtful — — — — — — — — — Subtotal $ 2,532 $ 69,406 $ 297,571 $ 76,970 $ 18,245 $ 38,271 $ — $ — $ 502,995 Current period charge-offs $ — $ — $ — $ — $ — $ 2 $ — $ — $ 2 Consumer Pass $ 8 $ — $ — $ — $ — $ — $ 1,392 $ — $ 1,400 Special mention — — — — — — — — — Substandard — — — — — — — — — Doubtful — — — — — — — — — Subtotal $ 8 $ — $ — $ — $ — $ — $ 1,392 $ — $ 1,400 Current period charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Total loans Pass $ 63,781 $ 232,477 $ 628,902 $ 314,608 $ 138,027 $ 304,667 $ 105,396 $ 2,475 $ 1,790,333 Special mention — — — — — 1,415 — — 1,415 Substandard — 4,667 2,346 2,893 1,139 2,194 — — 13,239 Doubtful — — — — — — — — — Subtotal $ 63,781 $ 237,144 $ 631,248 $ 317,501 $ 139,166 $ 308,276 $ 105,396 $ 2,475 $ 1,804,987 Current period charge-offs $ — $ — $ — $ 66 $ — $ 2 $ — $ — $ 68 (1) Excludes accrued interest receivables 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

Premises and Equipment (Tables)

Premises and Equipment (Tables)	3 Months Ended
	Mar. 31, 2024
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	The following table presents information regarding the premises and equipment as of March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Leasehold improvements $ 9,202 $ 9,135 Furniture and fixtures 4,585 4,814 Equipment and others 3,509 3,504 Total premises and equipment 17,296 17,453 Accumulated depreciation (12,325) (12,205) Total premises and equipment, net $ 4,971 $ 5,248

Servicing Assets (Tables)

Servicing Assets (Tables)	3 Months Ended
	Mar. 31, 2024
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 three months ended March 31, 2024 and 2023: Three Months Ended March 31, ($ in thousands) 2024 2023 Beginning balance $ 11,741 $ 12,759 Additions from loans sold with servicing retained 552 1,100 Amortized to expense (888) (961) Ending balance $ 11,405 $ 12,898

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2024
Deposits [Abstract]
Schedule of Maturities of Time Deposits	The following table presents the scheduled contractual maturities of time deposits as of March 31, 2024: ($ in thousands) Remainder of 2024 $ 744,388 2025 265,103 2026 18,162 2027 345 2028 and thereafter 299 Total $ 1,028,297

Borrowing Arrangements (Tables)

Borrowing Arrangements (Tables)	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
Schedule of Borrowings Available to the Company from Institutions	The Company had available borrowing capacity from the following institutions as of March 31, 2024: ($ in thousands) FHLB $ 331,917 Federal Reserve Bank 185,913 Pacific Coast Bankers Bank 50,000 Zions Bank 25,000 First Horizon Bank 25,000 Total $ 617,830

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Loan commitments $ 232,758 $ 257,626 Standby letter of credit 16,145 6,707 Commercial letter of credit 353 22 Total undisbursed credit related commitments $ 249,256 $ 264,355
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 March 31, 2024 and December 31, 2023: ($ in thousands) March 31, 2024 December 31, 2023 Investments in low-income housing partnerships $ 16,370 $ 16,887 Unfunded commitments to fund investments for low-income housing partnerships 10,863 11,905

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Stock-based Compensation Stock Options Activity	A summary of the stock options outstanding under the 2010 Plan for the three months ended March 31, 2024 is as follows: ($ in thousands, except share data) Number of Weighted Aggregate Outstanding, as of January 1, 2024 60,000 $ 8.00 $ 177 Options granted — — Options exercised (60,000) 8.00 Options forfeited — — Options expired — — Outstanding, as of March 31, 2024 — $ — $ — Fully vested and expected to vest — $ — $ — Vested — $ — $ —
Schedule of Information Related to Stock Option Plan	Information related to stock options exercised under the 2010 Plan for the periods indicated follows: Three Months Ended March 31, ($ in thousands) 2024 2023 Intrinsic value of options exercised $ 144 $ 186 Cash received from option exercises 160 720 Tax provision realized from option exercised 24 (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 three months ended March 31, 2024 is as follows: ($ in thousands, except share data) Shares Issued Weighted Average Grant Date Fair Value Aggregate Non-vested, as of January 1, 2024 10,000 $ 9.69 $ 110 Awards granted — — Awards vested — — Awards forfeited — — Non-vested, as of March 31, 2024 10,000 $ 9.69 $ 100 A summary of the changes in the Company’s non-vested restricted stock awards under the 2021 Plan for the three months ended March 31, 2024 is as follows: ($ in thousands, except share data) Shares Issued Weighted Aggregate Non-vested, as of January 1, 2024 278,851 $ 11.45 $ 3,053 Awards granted — — Awards vested (4,129) 12.90 Awards forfeited (3,000) 12.90 Non-vested, as of March 31, 2024 271,722 $ 11.41 $ 2,712
Schedule of Share Based Compensation Arrangement Information Related to Plan	Information related to vested restricted stock awards under the 2021 Plan for the periods indicated follows: Three Months Ended March 31, ($ in thousands) 2024 2023 Tax provision realized from awards vested $ (3) $ (2)

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 and December 31, 2023 are summarized below: Fair Value Measure on a Recurring Basis ($ in thousands) Total Quoted Significant Other Significant March 31, 2024 U.S. Government agencies or sponsored agency securities: Residential mortgage-backed securities $ 42,009 $ — $ 42,009 $ — Residential collateralized mortgage obligations 139,468 — 139,468 — Municipal securities - tax exempt 5,748 — 5,748 — Other investments: Mutual fund - CRA qualified 3,451 3,451 — — 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 — —
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 March 31, 2024 and December 31, 2023: Fair Value Measure on a Nonrecurring Basis ($ in thousands) Total Quoted Significant Other Significant March 31, 2024 Collateral-dependent loans: SBA—real estate $ 1,432 $ — $ — $ 1,432 OREO 1,237 1,237 Total $ 2,669 $ — $ — $ 2,669 December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 $ — $ — $ 1,432 Total $ 1,432 $ — $ — $ 1,432 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: Three Months Ended March 31, ($ in thousands) 2024 2023 Collateral-dependent loans: SBA—real estate $ — $ 2 C&I — 11 Total $ — $ 13
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 March 31, 2024 and December 31, 2023: ($ in thousands) Fair Value Valuation Unobservable Range of Weighted- Average of Inputs (1) March 31, 2024 Collateral-dependent loans: SBA—real estate $ 1,432 Income approach - income capitalization Capitalization rate 9.0% to 11.8% 10.4% December 31, 2023 Collateral-dependent loans: SBA—real estate $ 1,432 Income approach - income capitalization Capitalization rate 9.3% to 11.0% 9.9% (1) Weighted-average of inputs is based on the relative fair value of the respective assets as of March 31, 2024 and December 31, 2023 .
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 March 31, 2024 and December 31, 2023 are as follows. These financial assets and liabilities are measured at amortized cost basis on the Company’s Consolidated Balance Sheets: March 31, 2024 ($ in thousands) Carrying Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and cash equivalents $ 139,246 $ 139,246 $ — $ — $ 139,246 Loans held for sale 16,075 — 17,361 — 17,361 Loans receivable, net 1,782,858 — — 1,839,133 1,839,133 Accrued interest receivable, net 8,370 164 810 7,396 8,370 Other investments: FHLB and PCBB stock 12,718 N/A N/A N/A N/A Time deposits placed 95 — 95 — 95 Servicing assets 11,405 — — 17,396 17,396 Financial liabilities: Deposits 1,895,411 — 1,896,439 — 1,896,439 FHLB advances 105,000 — 104,455 — 104,455 Accrued interest payable 12,270 — 12,270 — 12,270 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

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	3 Months Ended
	Mar. 31, 2024
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: March 31, 2024 Actual (1) Required for Minimum ($ in thousands) Amount Ratio Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Consolidated $ 233,132 13.59 % N/A N/A N/A N/A Bank 231,995 13.53 $ 137,205 8.00 % $ 171,507 10.00 % Tier 1 capital (to risk-weighted assets) Consolidated 211,692 12.34 N/A N/A N/A N/A Bank 210,557 12.28 102,904 6.00 137,205 8.00 Common equity Tier 1 capital (to risk-weighted Consolidated 211,692 12.34 N/A N/A N/A N/A Bank 210,557 12.28 77,178 4.50 111,479 6.50 Tier 1 capital (to average assets) Consolidated 211,692 9.65 N/A N/A N/A N/A Bank 210,557 9.60 87,736 4.00 109,670 5.00 (1) The capital requirements are only applicable to the Bank, and the Company's ratios are included for comparison purpose. 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.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2024
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 three months ended March 31, 2024 and 2023: Three Months Ended March 31, ($ in thousands, except share and per share data) 2024 2023 Basic Net income $ 5,226 $ 7,534 Distributed and undistributed earnings allocated to participating securities (98) (159) Net income allocated to common shares $ 5,128 $ 7,375 Weighted average common shares outstanding 14,991,835 15,284,350 Basic earnings per common share $ 0.34 $ 0.48 Diluted Net income allocated to common shares $ 5,128 $ 7,375 Weighted average common shares outstanding for basic earnings per common share 14,991,835 15,284,350 Add: Dilutive effects of assumed exercises of stock options — 28,323 Average shares and dilutive potential common shares 14,991,835 15,312,673 Diluted earnings per common share $ 0.34 $ 0.48

Business and Basis of Present_3

Business and Basis of Presentation - Additional Information (Details)	Mar. 31, 2024 branch
Accounting Policies [Abstract]
Number of full service branches	11

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	Mar. 31, 2024	Dec. 31, 2023
Securities [Line Items]
Amortized Cost	$ 211,009	$ 216,186
Gross Unrealized Gain	78	256
Gross Unrealized Loss	(23,862)	(22,192)
Fair Value	187,225	194,250
Residential mortgage-backed securities
Securities [Line Items]
Amortized Cost	46,755	48,318
Gross Unrealized Gain	0	0
Gross Unrealized Loss	(4,746)	(4,441)
Fair Value	42,009	43,877
Residential collateralized mortgage obligations
Securities [Line Items]
Amortized Cost	158,503	162,142
Gross Unrealized Gain	0	67
Gross Unrealized Loss	(19,035)	(17,750)
Fair Value	139,468	144,459
Municipal securities - tax exempt
Securities [Line Items]
Amortized Cost	5,751	5,726
Gross Unrealized Gain	78	189
Gross Unrealized Loss	(81)	(1)
Fair Value	$ 5,748	$ 5,914

Securities - Additional Informa

Securities - Additional Information (Details)	3 Months Ended
	Mar. 31, 2024 USD ($) loan	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Securities [Line Items]
Proceeds from sale of available-for-sale securities	$ 0	$ 0
Number of securities | loan	86
Number of securities in unrealized loss position | loan	85
Debt securities issued by US government sponsored agencies (percent)	97%
Debt securities that are tax exempt municipal securities (percent)	3%
Equity investment in mutual fund with readily determinable fair value	$ 3,500,000		$ 3,500,000
Unrealized holding gain (losses) of mutual fund	(36,000)	54,000
Collateral Pledged
Securities [Line Items]
Number of securities pledged as collateral	$ 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	Mar. 31, 2024	Dec. 31, 2023
Amortized Cost
After one year through five years	$ 1,172
After five years through ten years	3,141
After ten years	206,696
Amortized Cost	211,009	$ 216,186
Fair Value
After one year through five years	1,124
After five years through ten years	2,857
After ten years	183,244
Fair Value	$ 187,225	$ 194,250

Securities - Schedule of Unreal

Securities - Schedule of Unrealized Losses on AFS Debt Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities [Line Items]
Fair value, less than 12 months	$ 33,381	$ 33,769
Unrealized losses, less than 12 months	(564)	(237)
Fair value, 12 months or longer	150,711	143,352
Unrealized losses, 12 months or longer	(23,298)	(21,955)
Total fair value	184,092	177,121
Total unrealized losses	(23,862)	(22,192)
Residential mortgage-backed securities
Securities [Line Items]
Fair value, less than 12 months	0	6,488
Unrealized losses, less than 12 months	0	(59)
Fair value, 12 months or longer	42,009	37,389
Unrealized losses, 12 months or longer	(4,746)	(4,382)
Total fair value	42,009	43,877
Total unrealized losses	(4,746)	(4,441)
Residential collateralized mortgage obligations
Securities [Line Items]
Fair value, less than 12 months	30,766	25,439
Unrealized losses, less than 12 months	(483)	(177)
Fair value, 12 months or longer	108,702	105,963
Unrealized losses, 12 months or longer	(18,552)	(17,573)
Total fair value	139,468	131,402
Total unrealized losses	(19,035)	(17,750)
Municipal securities - tax exempt
Securities [Line Items]
Fair value, less than 12 months	2,615	1,842
Unrealized losses, less than 12 months	(81)	(1)
Fair value, 12 months or longer	0	0
Unrealized losses, 12 months or longer	0	0
Total fair value	2,615	1,842
Total unrealized losses	$ (81)	$ (1)

Securities - Schedule of Other

Securities - Schedule of Other Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities [Line Items]
Mutual fund - Community Reinvestment Act ("CRA") qualified	$ 3,500	$ 3,500
Other Investments
Securities [Line Items]
FHLB stock	12,528	12,528
Pacific Coast Bankers Bank ("PCBB") stock	190	190
Mutual fund - Community Reinvestment Act ("CRA") qualified	3,451	3,463
Time deposits placed in other banks	95	95
Total other investments	$ 16,264	$ 16,276

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses on Loans - Schedule of Composition of Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	$ 1,804,987	$ 1,765,845
Allowance for credit losses	(22,129)	(21,993)	$ (20,814)	$ (19,241)
Loans receivable, net	1,782,858	1,743,852
Deferred loan fees, unamortized premiums and unaccreted (discounts)	108	140
Real Estate | Commercial real estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	905,534	885,585
Real Estate | SBA—real estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	231,503	224,695
SBA—non-real estate
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	16,047	14,997
Allowance for credit losses	(229)	(147)	(67)	(207)
C&I
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	147,508	120,970
Allowance for credit losses	(1,663)	(1,215)	(1,270)	(1,643)
Home mortgage
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	502,995	518,024
Allowance for credit losses	(9,391)	(11,045)	(11,472)	(8,826)
Consumer
Loans And Leases Receivable Disclosure [Line Items]
Gross loans receivable	1,400	1,574
Allowance for credit losses	$ (9)	$ (14)	$ (3)	$ (7)

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses on Loans - Additional Information (Details)	3 Months Ended
	Mar. 31, 2024 USD ($) factor	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Loans And Leases Receivable Disclosure [Line Items]
Loans	$ 1,782,858,000	$ 1,743,852,000
Number of past due days	90 days
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
Collateral dependent loans	1,804,987,000	1,765,845,000
Allowance for credit losses on loans	22,129,000	21,993,000	$ 20,814,000	$ 19,241,000
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	2,900,000		5,200,000
Allowance for credit losses on loans	$ 360,000		$ 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	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Analysis of allowance for loan losses
Beginning balance	$ 21,993	$ 19,241	$ 19,241
Impact of CECL adoption		1,924
Provision for (reversal of) credit losses	193	(258)
Charge-offs	(68)	(116)	(864)
Recoveries	11	23
Ending balance	22,129	20,814	21,993
Commercial real estate
Analysis of allowance for loan losses
Beginning balance	7,915	6,951	6,951
Impact of CECL adoption		875
Provision for (reversal of) credit losses	129	(951)
Charge-offs	0	(91)	(686)
Recoveries	0	0
Ending balance	8,044	6,784	7,915
SBA—real estate
Analysis of allowance for loan losses
Beginning balance	1,657	1,607	1,607
Impact of CECL adoption		(238)
Provision for (reversal of) credit losses	1,202	(140)
Charge-offs	(66)	(11)	(46)
Recoveries	0	0
Ending balance	2,793	1,218	1,657
SBA—non-real estate
Analysis of allowance for loan losses
Beginning balance	147	207	207
Impact of CECL adoption		(142)
Provision for (reversal of) credit losses	71	(7)
Charge-offs	0	(14)	(35)
Recoveries	11	23
Ending balance	229	67	147
C&I
Analysis of allowance for loan losses
Beginning balance	1,215	1,643	1,643
Impact of CECL adoption		(320)
Provision for (reversal of) credit losses	448	(53)
Charge-offs	0	0	(97)
Recoveries	0	0
Ending balance	1,663	1,270	1,215
Home mortgage
Analysis of allowance for loan losses
Beginning balance	11,045	8,826	8,826
Impact of CECL adoption		1,753
Provision for (reversal of) credit losses	(1,652)	893
Charge-offs	(2)	0	0
Recoveries	0	0
Ending balance	9,391	11,472	11,045
Consumer
Analysis of allowance for loan losses
Beginning balance	14	7	7
Impact of CECL adoption		(4)
Provision for (reversal of) credit losses	(5)	0
Charge-offs	0	0	0
Recoveries	0	0
Ending balance	$ 9	$ 3	$ 14

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses on Loans - Schedule of Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	$ 1,804,987	$ 1,765,845
Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,930		$ 5,164
SBA—real estate
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	231,503	224,695
SBA—real estate | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,930		2,923
Home mortgage
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	502,995	$ 518,024
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	2,930		2,923
Hotel / Motel | SBA—real estate | Collateralized Mortgage-Backed Securities
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	2,930		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	0		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		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_7

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	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	$ 3,203	$ 2,705
Nonaccrual Loans without a Related Allowance for Credit Losses	1,140	3,377
Total Nonaccrual Loans	4,343	6,082
90 or More Days Past Due & Still Accruing	0	0
Total	4,343	6,082
Loans Insured or Guaranteed by non-US Government Authorities
Financing Receivable Recorded Investment Past Due [Line Items]
Total	3,100	2,000
Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	319
Nonaccrual Loans without a Related Allowance for Credit Losses	0
Total Nonaccrual Loans	319
90 or More Days Past Due & Still Accruing	0
Total	319
SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	2,489	2,302
Nonaccrual Loans without a Related Allowance for Credit Losses	1,140	1,136
Total Nonaccrual Loans	3,629	3,438
90 or More Days Past Due & Still Accruing	0	0
Total	3,629	3,438
SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	178	154
Nonaccrual Loans without a Related Allowance for Credit Losses	0	0
Total Nonaccrual Loans	178	154
90 or More Days Past Due & Still Accruing	0	0
Total	178	154
Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Nonaccrual Loans with a Related Allowance for Credit Losses	217	249
Nonaccrual Loans without a Related Allowance for Credit Losses	0	2,241
Total Nonaccrual Loans	217	2,490
90 or More Days Past Due & Still Accruing	0	0
Total	$ 217	$ 2,490

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses on Loans - Schedule of Aging Analysis of Recorded Investment in Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	$ 1,804,987	$ 1,765,845
Accrued interest receivable	7,400	7,300
Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	905,534	885,585
SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	231,503	224,695
SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	16,047	14,997
C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	147,508	120,970
Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	502,995	518,024
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	1,400	1,574
Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	6,313	14,234
Total Past Due | Loans Insured or Guaranteed by non-US Government Authorities
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	2,600	1,900
Total Past Due | Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	319	0
Total Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	2,709	4,783
Total Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	175	154
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	3,110	9,297
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	1,018	6,098
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	801	1,868
30-59 Days Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	154
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	217	4,076
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	3,138	3,662
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	70	932
60-89 Days Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	175	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	2,893	2,730
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	2,157	4,474
> 90 Days Past Due | Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	319	0
> 90 Days Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	1,838	1,983
> 90 Days Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	0	0
> 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	0	2,491
> 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	1,798,674	1,751,611
Loans Not Past Due | Commercial real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	905,215	885,585
Loans Not Past Due | SBA—real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	228,794	219,912
Loans Not Past Due | SBA—non-real estate
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	15,872	14,843
Loans Not Past Due | C&I
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	147,508	120,970
Loans Not Past Due | Home mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	499,885	508,727
Loans Not Past Due | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Gross loans receivable	$ 1,400	$ 1,574

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses on Loans - Schedule of Credit Risk Ratings by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Financing Receivable Recorded Investment [Line Items]
2024	$ 63,781		$ 221,745
2023	237,144		582,171
2022	631,248		284,271
2021	317,501		145,890
2020	139,166		178,838
Prior	308,276		272,711
Revolving Loans	105,396		77,658
Revolving Loans Converted to Term Loans	2,475		2,561
Total	1,804,987		1,765,845
Current period charge-offs
2024	0		17
2023	0		457
2022	0		247
2021	66		0
2020	0		91
Prior	2		52
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	$ 68	$ 116	$ 864
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable		Accrued interest receivable
Accrued interest receivable	$ 7,400		$ 7,300
Pass
Financing Receivable Recorded Investment [Line Items]
2024	63,781		221,745
2023	232,477		577,233
2022	628,902		282,943
2021	314,608		144,754
2020	138,027		178,838
Prior	304,667		264,767
Revolving Loans	105,396		77,658
Revolving Loans Converted to Term Loans	2,475		2,561
Total	1,790,333		1,750,499
Special mention
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	1,415		1,428
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	1,415		1,428
Substandard
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	4,667		4,938
2022	2,346		1,328
2021	2,893		1,136
2020	1,139		0
Prior	2,194		6,418
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	13,239		13,820
Doubtful
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		98
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		98
Commercial real estate
Financing Receivable Recorded Investment [Line Items]
2024	46,808		97,114
2023	115,415		208,179
2022	265,976		154,872
2021	191,019		97,137
2020	93,290		138,908
Prior	172,014		168,316
Revolving Loans	21,012		21,059
Revolving Loans Converted to Term Loans	0		0
Total	905,534		885,585
Current period charge-offs
2024	0		0
2023	0		457
2022	0		121
2021	0		0
2020	0		91
Prior	0		17
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0	91	686
Commercial real estate | Pass
Financing Receivable Recorded Investment [Line Items]
2024	46,808		97,114
2023	110,748		207,860
2022	265,976		154,872
2021	191,019		97,137
2020	93,290		138,908
Prior	171,390		163,320
Revolving Loans	21,012		21,059
Revolving Loans Converted to Term Loans	0		0
Total	900,243		880,270
Commercial real estate | Special mention
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
Commercial real estate | Substandard
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	4,667		319
2022	0		0
2021	0		0
2020	0		0
Prior	624		4,996
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	5,291		5,315
Commercial real estate | Doubtful
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
SBA—real estate
Financing Receivable Recorded Investment [Line Items]
2024	10,510		31,920
2023	31,940		46,291
2022	46,926		27,267
2021	28,737		23,868
2020	21,916		28,244
Prior	91,474		67,105
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	231,503		224,695
Current period charge-offs
2024	0		0
2023	0		0
2022	0		46
2021	66		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	66	11	46
SBA—real estate | Pass
Financing Receivable Recorded Investment [Line Items]
2024	10,510		31,920
2023	31,940		44,504
2022	45,135		26,188
2021	25,844		22,732
2020	20,777		28,244
Prior	88,829		64,442
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	223,035		218,030
SBA—real estate | Special mention
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	1,415		1,428
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	1,415		1,428
SBA—real estate | Substandard
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		1,787
2022	1,791		1,079
2021	2,893		1,136
2020	1,139		0
Prior	1,230		1,235
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	7,053		5,237
SBA—real estate | Doubtful
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
SBA—non-real estate
Financing Receivable Recorded Investment [Line Items]
2024	2,256		5,408
2023	5,161		3,175
2022	3,056		200
2021	187		1,556
2020	1,511		950
Prior	3,876		3,708
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	16,047		14,997
Current period charge-offs
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		35
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0	14	35
SBA—non-real estate | Pass
Financing Receivable Recorded Investment [Line Items]
2024	2,256		5,408
2023	5,161		2,584
2022	2,501		200
2021	187		1,556
2020	1,511		950
Prior	3,753		3,423
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	15,369		14,121
SBA—non-real estate | Special mention
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
SBA—non-real estate | Substandard
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		591
2022	555		0
2021	0		0
2020	0		0
Prior	123		187
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	678		778
SBA—non-real estate | Doubtful
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		98
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		98
C&I
Financing Receivable Recorded Investment [Line Items]
2024	1,667		15,117
2023	15,222		17,939
2022	17,719		22,098
2021	20,588		4,695
2020	4,204		1,720
Prior	2,641		1,734
Revolving Loans	82,992		55,106
Revolving Loans Converted to Term Loans	2,475		2,561
Total	147,508		120,970
Current period charge-offs
2024	0		17
2023	0		0
2022	0		80
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0	0	97
C&I | Pass
Financing Receivable Recorded Investment [Line Items]
2024	1,667		15,117
2023	15,222		17,939
2022	17,719		22,098
2021	20,588		4,695
2020	4,204		1,720
Prior	2,641		1,734
Revolving Loans	82,992		55,106
Revolving Loans Converted to Term Loans	2,475		2,561
Total	147,508		120,970
C&I | Special mention
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
C&I | Substandard
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
C&I | Doubtful
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
Home mortgage
Financing Receivable Recorded Investment [Line Items]
2024	2,532		72,182
2023	69,406		306,587
2022	297,571		79,834
2021	76,970		18,634
2020	18,245		8,939
Prior	38,271		31,848
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	502,995		518,024
Current period charge-offs
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	2		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	2	0	0
Home mortgage | Pass
Financing Receivable Recorded Investment [Line Items]
2024	2,532		72,182
2023	69,406		304,346
2022	297,571		79,585
2021	76,970		18,634
2020	18,245		8,939
Prior	38,054		31,848
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	502,778		515,534
Home mortgage | Special mention
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
Home mortgage | Substandard
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		2,241
2022	0		249
2021	0		0
2020	0		0
Prior	217		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	217		2,490
Home mortgage | Doubtful
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
Consumer
Financing Receivable Recorded Investment [Line Items]
2024	8		4
2023	0		0
2022	0		0
2021	0		0
2020	0		77
Prior	0		0
Revolving Loans	1,392		1,493
Revolving Loans Converted to Term Loans	0		0
Total	1,400		1,574
Current period charge-offs
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0	$ 0	0
Consumer | Pass
Financing Receivable Recorded Investment [Line Items]
2024	8		4
2023	0		0
2022	0		0
2021	0		0
2020	0		77
Prior	0		0
Revolving Loans	1,392		1,493
Revolving Loans Converted to Term Loans	0		0
Total	1,400		1,574
Consumer | Special mention
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
Consumer | Substandard
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	0		0
Consumer | Doubtful
Financing Receivable Recorded Investment [Line Items]
2024	0		0
2023	0		0
2022	0		0
2021	0		0
2020	0		0
Prior	0		0
Revolving Loans	0		0
Revolving Loans Converted to Term Loans	0		0
Total	$ 0		$ 0

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses on Loans - Schedule of Amortized Cost by Loan Type (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	$ 1,804,987	$ 1,765,845
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable	Accrued interest receivable
Accrued interest receivable	$ 7,400	$ 7,300
Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,790,333	1,750,499
Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,415	1,428
Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	13,239	13,820
Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	98
Commercial real estate
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	905,534	885,585
Commercial real estate | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	900,243	880,270
Commercial real estate | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
Commercial real estate | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	5,291	5,315
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	231,503	224,695
SBA—real estate | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	223,035	218,030
SBA—real estate | Special mention
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,415	1,428
SBA—real estate | Substandard
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	7,053	5,237
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	16,047	14,997
SBA—non-real estate | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	15,369	14,121
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	678	778
SBA—non-real estate | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	98
C&I
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	147,508	120,970
C&I | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	147,508	120,970
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	0
C&I | Doubtful
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	0	0
Home mortgage
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	502,995	518,024
Home mortgage | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	502,778	515,534
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	217	2,490
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	1,400	1,574
Consumer | Pass
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Total	1,400	1,574
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	Mar. 31, 2024	Dec. 31, 2023
Property Plant And Equipment [Line Items]
Total premises and equipment	$ 17,296	$ 17,453
Accumulated depreciation	(12,325)	(12,205)
Total premises and equipment, net	4,971	5,248
Leasehold improvements
Property Plant And Equipment [Line Items]
Total premises and equipment	9,202	9,135
Furniture and fixtures
Property Plant And Equipment [Line Items]
Total premises and equipment	4,585	4,814
Equipment and others
Property Plant And Equipment [Line Items]
Total premises and equipment	$ 3,509	$ 3,504

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 367	$ 334

Servicing Assets - Additional I

Servicing Assets - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Servicing Assets At Amortized Value [Line Items]
Valuation allowance for impairment	$ 0		$ 0
Servicing assets	$ 17,396,000	$ 18,000,000	$ 17,218,000
Minimum
Servicing Assets At Amortized Value [Line Items]
Fair value of servicing assets, discount rates	3.75%	4.75%
Fair value of servicing assets, prepayment speed	12.70%	13.10%
Maximum
Servicing Assets At Amortized Value [Line Items]
Fair value of servicing assets, discount rates	11%	10.25%
Fair value of servicing assets, prepayment speed	12.90%	13.20%

Servicing Assets - Schedule of

Servicing Assets - Schedule of Activity for Loan Servicing Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Analysis of Changes in Activity
Beginning balance	$ 11,741	$ 12,759
Amortized to expense	(888)	(961)
Ending balance	11,405	12,898
Loans Sold with Servicing Retained
Analysis of Changes in Activity
Additions from loans sold with servicing retained	$ 552	$ 1,100

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Time Deposits [Line Items]
Time deposits greater than $250	$ 451,497	$ 433,892
Principal Officers, Directors, and Affiliates
Time Deposits [Line Items]
Deposits from principal officers, directors, and their affiliates	$ 2,100	$ 1,800

Deposits - Schedule of Maturiti

Deposits - Schedule of Maturities of Time Deposits (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Deposits [Abstract]
Remainder of 2024	$ 744,388
2025	265,103
2026	18,162
2027	345
2028 and thereafter	299
Total	$ 1,028,297

Borrowing Arrangements - Additi

Borrowing Arrangements - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Financial Instruments Owned and Pledged as Collateral [Line Items]
Federal Home Loan Bank borrowings	$ 105,000	$ 105,000
FHLB interest rate	4.64%	4.65%
Federal home loan bank, advances, remaining term	9 months 18 days	10 months 24 days
Letter of credit	$ 100,000	$ 67,000
Loans	1,782,858	1,743,852
Asset Pledged as Collateral
Financial Instruments Owned and Pledged as Collateral [Line Items]
Loans	$ 1,390,000	$ 1,390,000

Borrowing Arrangements - Schedu

Borrowing Arrangements - Schedule of Borrowings Available to the Company from Institutions (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	$ 617,830
Federal Reserve Bank
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Amount of borrowings	185,913
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	$ 331,917

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income tax expense	$ 2,037,000	$ 3,083,000
Effective income tax rate	28%	29%
Unrealized tax benefits	$ 0		$ 0

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Distribution of Undisbursed Credit-Related Commitments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Other commitment	$ 249,256	$ 264,355
Standby letter of credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Letters of credit outstanding	16,145	6,707
Commercial letter of credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Letters of credit outstanding	353	22
Loan commitments
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Other commitment	$ 232,758	$ 257,626

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	Mar. 31, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Investments in low-income housing partnerships	$ 16,370	$ 16,887
Unfunded commitments to fund investments for low-income housing partnerships	$ 10,863	$ 11,905

Commitments and Contingencies_3

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Recognized amortization expense	$ 517	$ 361
Recognized tax credits and other benefits	$ 655	$ 456

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($) plan shares	Mar. 31, 2023 USD ($)	Dec. 31, 2021 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	2
Share based compensation expense | $	$ 319	$ 324
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%
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 | $	$ 13
Unrecognized compensation costs weighted average period	7 months 6 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 3 months 18 days
Number of options outstanding, granted (in shares)	0
Shares available for future grant (in shares)	1,116,001
Unrecognized compensation costs related to unvested restricted stock awards | $	$ 1,400

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Stock-based Compensation Stock Options Activity (Details) - 2010 Plan - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Number of options outstanding, beginning of period (in shares)	60,000
Number of options outstanding, granted (in shares)	0
Number of options outstanding, exercised (in shares)	(60,000)
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
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
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)	$ 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	$ 177
Aggregate intrinsic value, fully vested and expected to vest	0
Aggregate intrinsic value, vested	$ 0

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Information Related to Stock Option Plan (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Cash received from option exercises	$ 160	$ 720
2010 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Intrinsic value of options exercised	144	186
Cash received from option exercises	160	720
Tax provision realized from option exercised	24	(3)
2021 Plan | Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Tax provision realized from awards vested	$ (3)	$ (2)

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	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
2010 Plan
Shares Issued
Shares issued, non-vested beginning of period (in shares)	10,000
Shares issued, awards granted (in shares)	0
Shares issued, awards vested (in shares)	0
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)	$ 9.69
Weighted average grant date fair value, awards granted (USD per share)	0
Weighted average grant date fair value, awards vested (USD per share)	0
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	$ 100	$ 110
2021 Plan
Shares Issued
Shares issued, non-vested beginning of period (in shares)	278,851
Shares issued, awards granted (in shares)	0
Shares issued, awards vested (in shares)	(4,129)
Shares issued, awards forfeited (in shares)	(3,000)
Shares issued, non-vested end of period (in shares)	271,722
Weighted Average Grant Date Fair Value
Weighted average grant date fair value, non-vested beginning of period (USD per share)	$ 11.45
Weighted average grant date fair value, awards granted (USD per share)	0
Weighted average grant date fair value, awards vested (USD per share)	12.90
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)	$ 11.41
Aggregate intrinsic value, non-vested end of year	$ 2,712	$ 3,053

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	Mar. 31, 2024	Dec. 31, 2023
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale debt securities, at fair value	$ 187,225	$ 194,250
Other investments:
Mutual fund - CRA qualified	3,500	3,500
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	42,009	43,877
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	139,468	144,459
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	5,748	5,914
Recurring
Other investments:
Mutual fund - CRA qualified	3,451	3,463
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	42,009	43,877
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	139,468	144,459
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	5,748	5,914
Recurring | Quoted Prices in Active Markets (Level 1)
Other investments:
Mutual fund - CRA qualified	3,451	3,463
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	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	42,009	43,877
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	139,468	144,459
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	5,748	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	$ 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	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable Impaired [Line Items]
Impaired loans	$ 1,839,133	$ 1,793,258
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	1,839,133	1,793,258
Nonrecurring
Financing Receivable Impaired [Line Items]
Impaired loans	2,669	1,432
Nonrecurring | SBA—real estate
Financing Receivable Impaired [Line Items]
Impaired loans	1,432	1,432
Nonrecurring | OREO
Financing Receivable Impaired [Line Items]
Impaired loans	1,237
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 | Quoted Prices in Active Markets (Level 1) | OREO
Financing Receivable Impaired [Line Items]
Impaired loans
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 Other Observable Inputs (Level 2) | OREO
Financing Receivable Impaired [Line Items]
Impaired loans
Nonrecurring | Significant Unobservable Inputs (Level 3)
Financing Receivable Impaired [Line Items]
Impaired loans	2,669	1,432
Nonrecurring | Significant Unobservable Inputs (Level 3) | SBA—real estate
Financing Receivable Impaired [Line Items]
Impaired loans	1,432	$ 1,432
Nonrecurring | Significant Unobservable Inputs (Level 3) | OREO
Financing Receivable Impaired [Line Items]
Impaired loans	$ 1,237

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	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Financing Receivable Impaired [Line Items]
Collateral-dependent loans:	$ 0	$ 13
SBA—real estate
Financing Receivable Impaired [Line Items]
Collateral-dependent loans:	0	2
C&I
Financing Receivable Impaired [Line Items]
Collateral-dependent loans:	$ 0	$ 11

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	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 1,839,133	$ 1,793,258
Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	1,839,133	1,793,258
Nonrecurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	2,669	1,432
Nonrecurring | Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	2,669	1,432
Nonrecurring | SBA—real estate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 1,432	$ 1,432
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	0.090	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	0.118	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	0.104	0.099
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	$ 1,432
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	$ 1,432

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	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Financial assets:
Cash and cash equivalents	$ 139,246	$ 91,216
Loans held for sale	17,361
Loans receivable, net	1,839,133	1,793,258
Accrued interest receivable, net	8,370	8,259
Other investments:
Time deposits placed	95	95
Servicing assets	17,396	17,218	$ 18,000
Financial liabilities:
Deposits	1,896,439	1,808,444
FHLB advances	104,455	104,231
Accrued interest payable	12,270	12,628
Carrying Amount
Financial assets:
Cash and cash equivalents	139,246	91,216
Loans held for sale	16,075
Loans receivable, net	1,782,858	1,743,852
Accrued interest receivable, net	8,370	8,259
Other investments:
FHLB and PCBB stock	12,718	12,718
Time deposits placed	95	95
Servicing assets	11,405	11,741
Financial liabilities:
Deposits	1,895,411	1,807,558
FHLB advances	105,000	105,000
Accrued interest payable	12,270	12,628
Level 1
Financial assets:
Cash and cash equivalents	139,246	91,216
Loans held for sale	0
Loans receivable, net	0	0
Accrued interest receivable, net	164	69
Other investments:
Time deposits placed	0	0
Servicing assets	0	0
Financial liabilities:
Deposits	0	0
FHLB advances	0	0
Accrued interest payable	0	0
Level 2
Financial assets:
Cash and cash equivalents	0	0
Loans held for sale	17,361
Loans receivable, net	0	0
Accrued interest receivable, net	810	859
Other investments:
Time deposits placed	95	95
Servicing assets	0	0
Financial liabilities:
Deposits	1,896,439	1,808,444
FHLB advances	104,455	104,231
Accrued interest payable	12,270	12,628
Level 3
Financial assets:
Cash and cash equivalents	0	0
Loans held for sale	0
Loans receivable, net	1,839,133	1,793,258
Accrued interest receivable, net	7,396	7,331
Other investments:
Time deposits placed	0	0
Servicing assets	17,396	17,218
Financial liabilities:
Deposits	0	0
FHLB advances	0	0
Accrued interest payable	$ 0	$ 0

Regulatory Capital Matters - Ad

Regulatory Capital Matters - Additional Information (Details)	Mar. 31, 2024
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	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total capital (to risk-weighted assets), actual amount	$ 233,132	$ 229,544
Tier 1 capital (to risk-weighted assets), actual amount	211,692	208,707
Common equity Tier 1 capital (to risk-weighted assets), actual amount	211,692	208,707
Tier 1 capital (to average assets), actual amount	$ 211,692	$ 208,707
Total capital (to risk-weighted assets), actual ratio	0.1359	0.1377
Tier 1 capital (to risk-weighted assets), actual ratio	0.1234	0.1252
Common equity Tier 1 capital (to risk-weighted assets), actual ratio	0.1234	0.1252
Tier 1 capital (to average assets), actual ratio	0.0965	0.0957
Bank
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total capital (to risk-weighted assets), actual amount	$ 231,995	$ 227,773
Tier 1 capital (to risk-weighted assets), actual amount	210,557	206,936
Common equity Tier 1 capital (to risk-weighted assets), actual amount	210,557	206,936
Tier 1 capital (to average assets), actual amount	$ 210,557	$ 206,936
Total capital (to risk-weighted assets), actual ratio	0.1353	0.1366
Tier 1 capital (to risk-weighted assets), actual ratio	0.1228	0.1241
Common equity Tier 1 capital (to risk-weighted assets), actual ratio	0.1228	0.1241
Tier 1 capital (to average assets), actual ratio	0.0960	0.0949
Total capital (to risk-weighted assets), amount, required for capital adequacy purposes	$ 137,205	$ 133,353
Tier 1 capital (to risk-weighted assets), amount, required for capital adequacy purposes	102,904	100,014
Common equity Tier 1 capital (to risk-weighted assets), amount, required for capital adequacy purposes	77,178	75,011
Tier 1 capital (to average assets), amount, required for capital adequacy purposes	$ 87,736	$ 87,207
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"	$ 171,507	$ 166,691
Tier 1 capital (to risk-weighted assets), amount, minimum to be considered "Well Capitalized"	137,205	133,353
Common equity Tier 1 capital (to risk-weighted assets), amount, minimum to be considered "Well Capitalized"	111,479	108,349
Tier 1 capital (to average assets), amount, minimum to be considered "Well Capitalized"	$ 109,670	$ 109,008
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	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Basic
Net income	$ 5,226	$ 7,534
Distributed and undistributed earnings allocated to participating securities	(98)	(159)
Net income allocated to common shares	$ 5,128	$ 7,375
Weighted average common shares outstanding (in shares)	14,991,835	15,284,350
Basic earnings per common share (USD per share)	$ 0.34	$ 0.48
Diluted
Net income allocated to common shares	$ 5,128	$ 7,375
Weighted average common shares outstanding for basic earnings per common share (in shares)	14,991,835	15,284,350
Add: Dilutive effects of assumed exercises of stock options	0	28,323
Average shares and dilutive potential common shares (in shares)	14,991,835	15,312,673
Diluted earnings per common share (USD per share)	$ 0.34	$ 0.48