California Bancorp (CALB) 10-Q 15 May 20 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page	3 Months Ended
	Mar. 31, 2020shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Period End Date	Mar. 31, 2020
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Document Quarterly Report	true
Entity Registrant Name	California BanCorp
Entity Central Index Key	0001752036
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding	8,121,848
Title of 12(b) Security	Common Stock
Trading Symbol	CALB
Security Exchange Name	NASDAQ
Entity Incorporation, State or Country Code	CA
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Address, Country	CA

Consolidated Statements of Fina

Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS:
Cash and due from banks	$ 22,792	$ 19,579
Federal funds sold	117,818	94,763
Total cash and cash equivalents	140,610	114,342
Investment securities, available for sale	34,344	28,555
Loans, net of allowance for losses of $11,565 and $11,075 at March 31, 2020 and December 31, 2019, respectively	960,282	941,132
Premises and equipment, net	3,427	3,668
Bank owned life insurance (BOLI)	23,284	22,316
Goodwill and other intangible assets	7,585	7,595
Accrued interest receivable and other assets	37,950	34,426
Total assets	1,207,482	1,152,034
Deposits
Non-interest bearing	403,248	387,267
Interest bearing	625,613	600,969
Total deposits	1,028,861	988,236
Other borrowings	22,000	10,000
Junior Subordinated debt securities	4,981	4,977
Accrued interest payable and other liabilities	20,447	18,565
Total liabilities	1,076,289	1,021,778
Commitments and Contingencies (Note 5)
Shareholders' equity
Common stock, no par value; 40,000,000 shares authorized; 8,121,848 and 8,092,966 issued and outstanding at March 31, 2020 and December 31, 2019, respectively	106,790	106,427
Retained earnings	23,991	23,518
Accumulated other comprehensive income, net of taxes	412	311
Total shareholders' equity	131,193	130,256
Total liabilities and shareholders' equity	$ 1,207,482	$ 1,152,034

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Allowance for losses	$ 11,565	$ 11,075
Common stock, par value	$ 0	$ 0
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	8,121,848	8,092,966
Common stock, shares outstanding	8,121,848	8,092,966

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest income
Loans	$ 11,783	$ 10,954
Federal funds sold	329	209
Investment securities	191	331
Total interest income	12,303	11,494
Interest expense
Deposits	1,994	1,543
Borrowings and subordinated debt	127	114
Total interest expense	2,121	1,657
Net interest income	10,182	9,837
Provision for credit losses	400	581
Net interest income after provision for credit losses	9,782	9,256
Non-interest income
Service charges and other fees	970	625
Gain on the sale of SBA loans		23
Other	320	215
Total non-interest income	1,290	863
Non-interest expense
Salaries and benefits	6,477	4,515
Premises and equipment	1,139	745
Other	2,791	2,355
Total non-interest expense	10,407	7,615
Income before provision for income taxes	665	2,504
Provision for income taxes	192	636
Net income	$ 473	$ 1,868
Earnings per common share
Basic	$ 0.06	$ 0.23
Diluted	$ 0.06	$ 0.23
Average common shares outstanding	8,103,248	8,020,456
Average common and equivalent shares outstanding	8,169,898	8,102,543

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Comprehensive Income [Abstract]
Net Income	$ 473	$ 1,868
Other comprehensive income
Unrealized gains on securities available for sale	75	235
Reclassification adjustment for realized loss on securities available for sale	70
Tax effect	(44)	(69)
Total other comprehensive income	101	166
Total comprehensive income	$ 574	$ 2,034

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance (in shares) at Dec. 31, 2018		7,993,908
Balance at Dec. 31, 2018	$ 121,079	$ 104,561	$ 16,517	$ 1
Stock awards issued and related compensation expense, shares		12,638
Stock awards issued and related compensation expense	172	$ 172
Stock options exercised , shares		40,008
Stock options exercised	372	$ 372
Net income	1,868		1,868
Other comprehensive income	166			166
Balance (in shares) at Mar. 31, 2019		8,046,554
Balance at Mar. 31, 2019	123,657	$ 105,105	18,385	167
Balance (in shares) at Dec. 31, 2019		8,092,966
Balance at Dec. 31, 2019	130,256	$ 106,427	23,518	311
Stock awards issued and related compensation expense, shares		25,215
Stock awards issued and related compensation expense	413	$ 413
Shares withheld to pay taxes on stock based compensation , shares		(7,550)
Shares withheld to pay taxes on stock based compensation	(133)	$ (133)
Stock options exercised , shares		11,217
Stock options exercised	83	$ 83
Net income	473		473
Other comprehensive income	101			101
Balance (in shares) at Mar. 31, 2020		8,121,848
Balance at Mar. 31, 2020	$ 131,193	$ 106,790	$ 23,991	$ 412

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net income	$ 473	$ 1,868
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	400	581
Depreciation	315	183
Deferred loan costs, net	312	115
Accretion on discount of purchased loans, net	(35)	(67)
Stock based compensation, net	280	172
Increase in cash surrender value of life insurance	(153)	(105)
Discount on retained portion of sold loans, net	(156)	(6)
Loss on sale of investment securities, net	70
Gain on sale of loans, net		(23)
Increase in accrued interest receivable and other assets	167	1,020
Decrease in accrued interest payable and other liabilities	(1,730)	(2,313)
Net cash from operating activities	(57)	1,425
Cash flows from investing activities:
Purchase of investment securities, net	(7,438)
Proceeds from principal payments on investment securities	1,641	1,652
Net increase in loans	(19,671)	(42,529)
Purchase of low income tax credit investments	(26)	(197)
Purchase of premises and equipment	(74)	(29)
Purchase of bank-owned life insurance policies	(815)
Net cash used in investing activities	(26,383)	(41,103)
Cash flows from financing activities:
Net increase (decrease) in customer deposits	40,625	(3,079)
Proceeds from short term and overnight borrowings	12,000	25,000
Proceeds from exercised stock options	83	372
Net cash provided by financing activities	52,708	22,293
Increase (decrease) in cash and cash equivalents	26,268	(17,385)
Cash and cash equivalents, beginning of period	114,342	78,705
Cash and cash equivalents, end of period	140,610	61,320
Supplemental disclosure of cash flow information:
Transfer of SBA loans to held-for-sale from loan portfolio	0	146
Recording of right to use assets and operating lease liabilities	4,079	5,052
Cash paid during the year for:
Interest	2,147	1,509
Income taxes	$ 164	$ 710

Nature of Operations

Nature of Operations	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	1. NATURE OF OPERATIONS Organization California BanCorp (the “Company”), a California corporation headquartered in Oakland, California, is the bank holding company for its wholly-owned subsidiary California Bank of Commerce (the “Bank”). The Bank conducts its business from its headquarters in Lafayette, California. The Company has 2 full service branches in California located in Contra Costa County and Santa Clara County and 3 loan production offices in California located in Alameda County, Contra Costa County, and Sacramento County. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q 10-K The results of operations for the three months ended March 31, 2020 are not necessarily indicative of the results of operations that may be expected for any other interim period or for the year ending December 31, 2020. The Company’s accounting and reporting policies conform to GAAP and to general practices within the banking industry. Subsequent Events Management has reviewed all events through the date the unaudited consolidated financial statements were filed with the SEC. See Note 7 to the unaudited consolidated financial statements for additional information regarding the COVID-19 Use of Estimates Management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions affect the amounts reported in the unaudited consolidated financial statements and the disclosures provided, and actual results could differ. The estimates utilized to determine the appropriate allowance for loan losses at March 31, 2020 may be materially different from actual results due to the COVID-19 COVID-19 Reclassifications Certain prior balances in the unaudited consolidated financial statements have been reclassified to conform to current year presentation. These reclassifications had no effect on prior year net income or stockholders’ equity. Earnings Per Share (“EPS”) Basic earnings per common share represents the amount of earnings for the period available to each share of common stock outstanding during the reporting period. Basic EPS is computed based upon net income divided by the weighted average number of common shares outstanding during the period. In determining the weighted average number of shares outstanding, vested restricted stock units are included. Diluted EPS represents the amount of earnings for the period available to each share of common stock outstanding including common stock that would have been outstanding assuming the issuance of common shares for all dilutive potential common shares outstanding during each reporting period. Diluted EPS is computed based upon net income divided by the weighted average number of common shares outstanding during each period, adjusted for the effect of dilutive potential common shares, such as restricted stock awards and units, calculated using the treasury stock method. Three months ended (Dollars in thousands, except per share data) 2020 2019 Net income available to common shareholders $ 473 $ 1,868 Weighted average basic common shares outstanding 8,103,248 8,020,456 Add: dilutive potential common shares 66,650 82,087 Weighted average diluted common shares outstanding 8,169,898 8,102,543 Basic earnings per share $ 0.06 $ 0.23 Diluted earnings per share $ 0.06 $ 0.23 New Financial Accounting Standards In December 2019, the Financial Accounting Standards Board (“FASB”) issued “Simplifying the Accounting for Income Taxes (Topic 740)” (“ASU 2019-12”) 2019-12 In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The guidance requires lessees recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) a right-of-use asset which is an asset that represents the lessees’ right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessors accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers. The new guidance also requires enhanced disclosure about an entity’s leasing arrangements. The Company adopted Topic 842 on January 1 2019, as required for public business entities. See Note 5 Commitments and Contingent Liabilities regarding the impact of this new accounting standard on the consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326). The guidance is to replace the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (CECL) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables, held-to maturity debt securities, and reinsurance receivables. It also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in leases recognized by a lessor. In October of 2019, the FASB approved a proposal to defer implementation of the CECL model by smaller reporting companies to January 1, 2023. The Company currently qualifies for this deferral and has elected to defer adoption but has also taken steps to effect implementation of the guidance including: (1) forming a CECL Committee; (2) engaging a third party vendor to develop models and model assumptions; (3) established initial framework for portfolio segmentation for application of the models; and (4) received preliminary results for consideration and evaluation. The Company will continue to calibrate and validate its approach during the period of deferral.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Investment Securities	2. INVESTMENT SECURITIES The following table summarizes the amortized cost and estimated fair value of securities available for sale at March 31, 2020 and December 31, 2019. (Dollars in thousands) Amortized Gross Gross Estimated At March 31, 2020: Residential mortgage backed and government securities $ 23,763 $ 760 $ — $ 24,523 Government agencies 2,987 4 — 2,991 Corporate bonds 7,009 — (179 ) 6,830 Total available for sale securities $ 33,759 $ 764 $ (179 ) $ 34,344 At December 31, 2019: Residential mortgage backed and government securities $ 20,291 $ 436 $ (5 ) $ 20,722 Government agencies 7,824 9 — 7,833 Corporate bonds — — — — Total available for sale securities $ 28,115 $ 445 $ (5 ) $ 28,555 Net unrealized gains on available for sale investment securities totaling $585,000 and $440,000 were recorded, net of deferred tax assets, as accumulated other comprehensive income within shareholders’ equity at March 31, 2020 and December 31, 2019, respectively. The Company purchased 3 securities for $15.1 million and sold 6 securities for total proceeds of $7.7 million during the three months ended March 31, 2020. The Company did not purchase or sell available for sale investment securities during the three months ended March The following table summarizes securities with unrealized losses at March 31, 2020 and December 31, 2019 aggregated by major security type and length of time in a continuous unrealized loss position. Less Than 12 Months More Than 12 Months Total (Dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized At March 31, 2020: Residential mortgage backed and government securities $ — $ — $ — $ — $ — $ — Government agencies — — — — — — Corporate bonds — — 6,830 (179 ) 6,830 (179 ) Total available for sale securities $ — $ — $ 6,830 $ (179 ) $ 6,830 $ (179 ) At December 31, 2019: Residential mortgage backed and government securities $ 481 $ 5 $ — $ — $ 481 $ 5 Government agencies 1,598 — — — 1,598 — Corporate bonds — — — — — — Total available for sale securities $ 2,079 $ 5 $ — $ — $ 2,079 $ 5 At March 31 2020, the Company’s investment security portfolio consisted of 18 securities, two of which were in an unrealized loss position at quarter end. Both securities were corporate securities and investment grade ratings. Management believes that changes in the market value since purchase are primarily attributable to changes in interest rates and relative illiquidity. Because the Company does not intend to sell and unlikely to be required to sell until a recovery of fair value, which may be at maturity, the Company did not consider those investments to be other-than-temporarily impaired at March 31, 2020. At December 31, 2019, the Company’s investment security portfolio consisted of 21 securities, two of which were in an unrealized loss position at year end. One security was a government agency by the Small Business Administration. One security was Mortgage-Backed-Securities. Management believes that changes in the market value of its Mortgage-Backed-Securities since purchase are primarily attributable to changes in interest rates and relative illiquidity and not credit quality. Because the Company does not intend to sell and is

Loans and Allowance For Loan Lo

Loans and Allowance For Loan Losses	3 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Loans and Allowance For Loan Losses	3. LOANS AND ALLOWANCE FOR LOAN LOSSES Outstanding loans as of March 31, 2020 and December 31, 2019 are summarized below. Certain loans have been pledged to secure borrowing arrangements (see Note 4). (Dollars in thousands) March 31, December 31, Commercial and industrial 416,308 389,746 Real estate—construction and land 41,697 42,519 Real estate—other 496,765 502,929 Real estate—HELOC 995 982 Installment and other 13,180 13,476 Total loans, gross 968,945 949,652 Deferred loan origination costs, net 2,902 2,555 Allowance for loan losses (11,565 ) (11,075 ) Total loans, net 960,282 941,132 The following table reflects gross loans by portfolio segment and the related impairment methodology as of March 31, 2020 and December 31, 2019. (Dollars in thousands) Commercial Real Estate Real Estate Real Estate Installment Total As of March 31, 2020 Loans individually evaluated for impairment $ 5,440 $ — $ — $ — $ 344 $ 5,784 Loans collectively evaluated for impairment 410,868 41,697 496,765 995 12,836 963,161 Total loans $ 416,308 $ 41,697 $ 496,765 $ 995 $ 13,180 $ 968,945 As of December 31, 2019 Loans individually evaluated for impairment $ 4,572 $ — $ 687 $ — $ 344 $ 5,603 Loans collectively evaluated for impairment 385,174 42,519 502,242 982 13,132 944,049 Total loans $ 389,746 $ 42,519 $ 502,929 $ 982 $ 13,476 $ 949,652 The following table reflects the changes in, and allocation of, the allowance for loan losses by portfolio segment as of March 31, 2020 and March 31, 2019. (Dollars in thousands) Commercial Real Estate Real Estate Real Estate Installment Total Three months ended March 31, 2020 Beginning balance $ 6,708 $ 1,022 $ 3,281 $ 6 $ 58 $ 11,075 Provision for loan losses 1,045 (292 ) (620 ) (1 ) 268 400 Charge-offs — — — — — — Recoveries 90 — — — — 90 Ending balance $ 7,843 $ 730 $ 2,661 $ 5 $ 326 $ 11,565 Individually evaluated for impairment $ 1,187 $ — $ — $ — $ 110 $ 1,297 Collectively evaluated for impairment 6,656 730 2,661 5 216 10,268 $ 7,843 $ 730 $ 2,661 $ 5 $ 326 $ 11,565 Three months ended March 31, 2019 Beginning balance $ 5,578 $ 1,493 $ 3,703 $ 16 $ 10 $ 10,800 Provision for loan losses 378 (373 ) 448 (6 ) 134 581 Charge-offs — — — — (137 ) (137 ) Recoveries 6 — — — — 6 Ending balance $ 5,962 $ 1,120 $ 4,151 $ 10 $ 7 $ 11,250 Individually evaluated for impairment $ 14 $ — $ — $ — $ — $ 14 Collectively evaluated for impairment 5,948 1,120 4,151 10 7 11,236 $ 5,962 $ 1,120 $ 4,151 $ 10 $ 7 $ 11,250 The following table reflects the loan portfolio allocated by management’s internal risk ratings at March 31, 2020 and December 31, 2019. (Dollars in thousands) Commercial Real Estate Real Estate Real Estate Installment Total As of March 31, 2020 Grade: Pass $ 399,304 $ 39,919 $ 486,959 $ 995 $ 10,584 $ 937,761 Special Mention 7,254 — 5,188 — 1,495 13,937 Substandard 9,750 1,778 4,618 — 1,101 17,247 Total $ 416,308 $ 41,697 $ 496,765 $ 995 $ 13,180 $ 968,945 As of December 31, 2019 Grade: Pass $ 378,327 $ 40,731 $ 494,314 $ 982 $ 11,382 $ 925,736 Special Mention 6,894 1,788 7,928 — 1,655 18,265 Substandard 4,525 — 687 — 439 5,651 Total $ 389,746 $ 42,519 $ 502,929 $ 982 $ 13,476 $ 949,652 The following table reflects an aging analysis of the loan portfolio by the time past due at March 31, 2020 and December 31, 2019. (Dollars in thousands) 30 Days 60 Days 90+ Days Non-Accrual Current Total As of March 31, 2020 Commercial and industrial $ — $ — $ — $ 2,306 $ 414,002 $ 416,308 Real estate: Construction and land — — — — 41,697 41,697 Other — — — — 496,765 496,765 HELOC — — — — 995 995 Installment and other — — — 344 12,836 13,180 Total loans, gross $ — $ — $ — $ 2,650 $ 966,295 $ 968,945 As of December 31, 2019 Commercial and industrial $ — $ 1,440 $ — $ 2,409 $ 385,897 $ 389,746 Real estate: Construction and land — — — — 42,519 42,519 Other — — — — 502,929 502,929 HELOC — — — — 982 982 Installment and other — — — 344 13,132 13,476 Total loans, gross $ — $ 1,440 $ — $ 2,753 $ 945,459 $ 949,652 The following table reflects information related to impaired loans as of March 31, 2020 and December 31, 2019. (Dollars in thousands) Recorded Unpaid Related Average Interest As of March 31, 2020 With no related allowance recorded: Commercial and industrial $ 1,677 $ 1,685 $ — $ 1,728 $ 35 With an allowance recorded: Commercial and industrial $ 3,782 $ 5,682 $ 1,187 $ 5,715 $ 25 Installment and other $ 356 $ 631 $ 110 $ 1,925 $ — Total: Commercial and industrial $ 5,459 $ 7,367 $ 650 $ 7,443 $ 60 Installment and other $ 356 $ 631 $ 110 $ 1,925 $ — As of December 31, 2019 With no related allowance recorded: Commercial and industrial $ 1,847 $ 1,860 $ — $ 1,282 $ 68 Real estate- other $ 689 $ 687 $ — $ 700 $ 52 Installment and other $ 291 $ 294 $ — $ 1,723 $ — With an allowance recorded: Commercial and industrial $ 2,725 $ 4,623 $ 600 $ 4,620 $ 56 Installment and other $ 41 $ 200 $ 50 $ 203 $ 15 Total: Commercial and industrial $ 4,572 $ 6,483 $ 600 $ 5,902 $ 124 Real estate- other $ 689 $ 687 $ — $ 700 $ 52 Installment and other $ 332 $ 494 $ 50 $ 1,926 $ 15 Interest forgone on nonaccrual loans totaled $82,000 and $89,000 for the three months ended March 31, 2020 and 2019, respectively. There was no interest recognized on a cash-basis on impaired loans for the three months ended March 31, 2020 and The recorded investment in impaired loans in the tables above excludes accrued interest receivable and net deferred loan origination costs due to their immateriality. Trouble Debt Restructurings At March 31, 2020, the Company had a recorded investment of $624,000 and had allocated specific reserves totaling $20,000 related to loans with terms that had been modified in troubled debt restructurings. At December 31, 2019, the Company had a recorded investment of $722,000 and had allocated specific reserves totaling $12,000 related to loans with terms that had been modified in troubled debt restructurings. The Company had no commitments as of March 31, 2020 and December 31, 2019 to customers with outstanding loans that were classified as troubled debt restructurings. There were no new troubled debt restructurings during the three months ended March 31, 2020 and 2019. The Company had no troubled debt restructurings with a subsequent payment default within twelve months following the modification during the three months ended March 31, 2020 and 2019. For additional information regarding the impact of COVID-19, see footnote 7

Borrowing Arrangements

Borrowing Arrangements	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Borrowing Arrangements	4. BORROWING ARRANGEMENTS The Company has a borrowing arrangement with the Federal Reserve Bank of San Francisco (FRB) under which advances are secured by portions of the Bank’s loan and investment securities portfolios. The Company’s credit limit varies according to the amount and composition of the assets pledged as collateral. At March 31, 2020, amounts pledged and available borrowing capacity under such limits were approximately $205.1 million and $132.6 million, respectively. At December 31, 2019, amounts pledged and available borrowing capacity under such limits were approximately $193.7 million and $127.3 million, respectively. There were no borrowings outstanding under this arrangement as of March 31, 2020 and December 31, 2019. The Company has a borrowing arrangement with the Federal Home Loan Bank (FHLB) under which advances are secured by portions of the Bank’s loan portfolio. The Bank’s credit limit varies according to its total assets and the amount and composition of the loan portfolio pledged as collateral. At March 31, 2020, amounts pledged and available borrowing capacity under such limits were approximately $160.0 million and $105.0 million, respectively. At December 31, 2019, amounts pledged and available borrowing capacity under such limits were approximately $188.8 million and $133.8 million, respectively. In June 2019, the Company secured a $10.0 million FHLB term borrowing for two years maturing in June 2021 at a fixed rate of 1.89%. Under agreements with several correspondent banks, the Company can borrow up to $61.0 million. In a separate agreement, the Company can borrow up to $10.0 million or the total market value of securities pledged to a correspondent bank under a repurchase agreement. At March 31, 2020 and December 31, 2019 there were no investment securities pledged to the correspondent bank under this agreement. There were no borrowings outstanding under these arrangements at March 31, 2020 and December 31, 2019. The Company maintains a revolving line of credit with a commitment of $3.0 million for a six month term at a rate of Prime plus 0.40%. At March 31, 2020 and December 31, 2019, no borrowings were outstanding under this line of credit. The Company entered into a three year borrowing arrangement with a correspond e n The Company issued $5.0 million in subordinated debt on April 15, 2016. The subordinated debt has a fixed interest rate of 5.875% for the first 5 years. After the fifth year, the interest rate changes to a variable rate of Prime plus 2.00%. The subordinated debt was recorded net of related issuance costs of $87,000. On March 31, 2020 and December 31, 2019 and 2018, the balances were $5.0 million and $5.0 million, net of issuance cost, respectively.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	5 Financial Instruments with Off-Balance The Company is a party to financial instruments with off-balance-sheet Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case At March 31, 2020 and December 31, 2019, the Company had outstanding commitments for loans of approximately $343.0 million and $390.0 million, respectively. Unfunded loan commitment reserves totaled $185,000 and $185,000 at March 31, 2020 and December 31, 2019, respectively. Operating Leases The Company leases various office premises under long-term operating lease agreements. These leases expire between 2020 and 2027, with certain leases containing either three, five, or seven year renewal options. The following table reflects the quantitative information for the Company’s leases. (Dollars in thousands) March 31, Operating lease cost (cost resulting form lease payments) $ 621 Operating lease – operating cash flows (fixed payments) $ 491 Operating lease – ROU assets $ 9,867 Operating lease – liabilities $ 12,119 Weighted average lease term – operating leases 4.8 years Weighted average discount rate – operating leases 2.58 % The following table reflects the minimum commitments under these non-cancellable (Dollars in thousands) March 31, 2020 $ 1,914 2021 2,431 2022 2,441 2023 1,497 2024 1,456 Thereafter 3,291 Total undiscounted cash flows 13,030 Discount on cash flows (911 ) Total lease liability $ 12,119 Rent expense included in pr emises Contingencies The Company may be subject to legal proceedings and claims which arise in the ordinary course of business. In the opinion of management, the amount of ultimate liability with respect to such actions will not materially affect the financial position or results of operations of the Company. For additional information regarding the impact of COVID-19, see footnote 7 Correspondent Banking Agreements The Company maintains funds on deposit with other federally insured financial institutions under correspondent banking agreements. Insured financial institution deposits up to $250,000 are fully insured by the FDIC under the FDIC’s general deposit insurance rules. At March 31, 2020, uninsured deposits at financial institutions were approximately $4.6 million. At December 31, 2019, uninsured deposits at financial institutions were approximately $4.0 million.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	6. FAIR VALUE MEASUREMENTS Fair Value Hierarchy The Company groups its assets and liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Valuations within these levels are based upon: Level 1—Quoted market prices for identical instruments traded in active exchange markets. Level 2—Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable or can be corroborated by observable market data. Level 3—Model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect the Company’s estimates of assumptions that market participants would use on pricing the asset or liability. Valuation techniques include management judgment and estimation which may be significant. Management monitors the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period. Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. The carrying amounts and estimated fair values of financial instruments at March 31, 2020 and December 31, 2019 are as follows: Carrying Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total As of March 31, 2020 Financial assets: Cash and due from banks $ 140,610 $ 140,610 $ — $ — $ 140,610 Securities available for sale 34,344 — 34,344 — 34,344 Loans, net 960,282 — — 951,928 951,928 Accrued interest receivable 3,247 — 109 3,138 3,247 Financial liabilities: Deposits $ 1,028,861 $ 884,043 $ 145,310 $ — $ 1,029,353 Other borrowings 22,000 — — 22,539 22,539 Subordinated debt 4,981 — — 5,103 5,103 Accrued interest payable 376 — 300 76 376 As of December 31, 2019 Financial assets: Cash and due from banks $ 114,342 $ 114,342 $ — $ — $ 114,342 Securities available 28,555 — 28,555 — 28,555 Loans, net 941,132 — — 940,944 940,944 Accrued interest receivable 3,398 — 168 3,230 3,398 Financial liabilities : Deposits $ 988,236 $ 870,495 $ 121,136 $ — $ 991,631 Other borrowings 10,000 — — 10,032 10,032 Subordinated debt 4,977 — — 5,112 5,112 Accrued interest payable 400 — 326 74 400 These estimates do not reflect any premium or discount that could result from offering the Company’s entire holdings of a particular financial instrument for sale at one time, nor do they attempt to estimate the value of anticipated future business related to the instruments. In addition, the tax ramifications related to the realization of unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of these estimates. The methods and assumptions used to estimate fair values are described as follows: Cash and Due from banks—The carrying amounts of cash and short-term instruments approximate fair values and are classified as Level 1. Investment Securities—Since quoted prices are generally not available for identical securities, fair values are calculated based on market prices of similar securities on similar dates, resulting in Level 2 classification. FHLB, IBFC, PCBB Stock—It is not practical to determine the fair value of these correspondent bank stocks due to restrictions placed on their transferability. Loans—Fair values of loans for March 31, 2020 and December 31, 2019 are estimated on an exit price basis with contractual cash flow, prepayments, discount spreads, credit loss and liquidity premium assumptions. Loans with similar characteristics such as prepayment rates, terms and rate indexed are aggregated for purposes of the calculations. Impaired loans—Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. The fair value of impaired loans with specific allocations of the allowance for loan losses that are secured by real property is generally based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. The methods utilized to estimate the fair value of impaired loans do not necessarily represent an exit price. Deposits—The fair values disclosed for demand deposits (e.g., interest and non-interest Fair values of fixed rate certificates of deposit are calculation of the estimated remaining cash flows was discounted to the date of the valuation to calculate the fair value (premium)/discount on the portfolio that applies interest rates currently being offered on certificates for the San Francisco Bay Area to a schedule of aggregated expected monthly maturities on time deposits resulting in Level 2 classification. FHLB Advances—FHLB Advances are included in Other Borrowings. Fair values for FHLB Advances are estimated using discounted cash flow analyses using interest rates offered at each reporting date by correspondent banks for advances with similar maturities resulting in Level 3 classification. Senior Notes—Fair values for senior notes are estimated using a discounted cash flow calculation based on current rates for similar types of debt which may be unobservable, and considering recent trading activity of similar instruments in market which can be inactive and accordingly are classified within the Subordinated Debt—Fair values for subordinated debt are calculated based on its terms and were discounted to the date of the valuation to calculate the fair value on the debt. A market rate based on recent debt offering by peer bank was used to discount cash flow until reprice date and subsequently cash flow were discounted at Prime plus 2% for its security. These assumptions which may be unobservable, and considering recent trading activity of similar instruments in market which can be inactive and accordingly are classified within the Accrued Interest Receivable—The carrying amounts of accrued interest receivable approximate fair value resulting in a Level 2 classification for accrued interest receivable on investment securities and a Level 3 classification for accrued interest receivable on loans since investment securities are generally classified using Level 2 inputs and loans are generally classified using Level 3 inputs. Accrued Interest Payable—The carrying amounts of accrued interest payable approximate fair value resulting in a Level 2 classification, since accrued interest payable is from deposits that are generally classified using Level 2 inputs. Off Balance Sheet Instruments—Fair values for off-balance Assets Recorded at Fair Value on a Recurring Basis The Company is required or permitted to record the following assets at fair value on a recurring basis. (Dollars in thousands) Fair Value Level 1 Level 2 Level 3 As of March 31, 2020 Investments available for sale: Residential mortgage backed and government securities $ 24,523 $ — $ 24,523 $ — Government agencies 2,991 — 2,991 — Corporate bonds 6,830 — 6,830 — Total assets measured at fair value on a recurring basis $ 34,344 $ — $ 34,344 $ — As of December 31, 2019 Investments available for sale: Residential mortgage backed and government securities $ 20,722 $ — $ 20,722 $ — Government agencies 7,833 — 7,833 — Corporate bonds — — — — Total assets measured at fair value on a recurring basis $ 28,555 $ — $ 28,555 $ — Fair values for available-for-sale Assets Recorded at Fair Value on a Non-Recurring The Company may be required, from time to time, to measure certain assets at fair value on a non-recurring non-recurring Carrying Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 As of March 31, 2020 Impaired loans—Commercial $ 2,112 $ — $ — $ 2,112 Total assets measured at fair value on a non-recurring basis $ 2,112 $ — $ — $ 2,112 As of December 31, 2019 Impaired loans—Commercial $ 3,475 $ — $ — $ 3,475 Total assets measured at fair value on a non-recurring basis $ 3,475 $ — $ — $ 3,475 The fair value of impaired loans is based upon independent market prices, estimated liquidation values of loan collateral or appraised value of the collateral as determined by third-party independent appraisers, less selling costs, generally. Level 3 fair value measurement includes other real estate owned that has been measured at fair value upon transfer to foreclosed assets and impaired loans collateralized by real property and other business asset collateral where a specific reserve has been established or a charged-off

Business Impact Of Covid-19

Business Impact Of Covid-19	3 Months Ended
	Mar. 31, 2020
Text Block [Abstract]
Business Impact Of Covid-19	7. BUSINESS IMPACT OF COVID-19 COVID-19 In December 2019, a novel strain of coronavirus, COVID-19, was reported in Wuhan, China. The COVID-19 virus continues to aggressively spread globally and has spread to over 185 countries, including all 50 states in the United States. A prolonged COVID-19 outbreak, or any other epidemic that harms the global economy, U.S. economy, or the economies in which we operate could adversely affect our operations. While the spread of the COVID-19 virus has minimally impacted our operations as of March 31, 2020, it has caused significant economic disruption throughout the United States as state and local governments issued “shelter at home” orders along with the closing of non-essential businesses. The potential financial impact is unknown at this time. However, if these actions are sustained, it may adversely impact several industries within our geographic footprint and impair the ability of our customers to fulfill their contractual obligations to the Company. This could result in a material adverse effect on our business operations, asset valuations, financial condition, and results of operations. Material adverse impacts may include all or a combination of valuation impairments for investments, loans, and intangible assets. Loan Portfolio As a result of the novel coronavirus COVID-19, the Company has granted payment deferments through the date of this filing on over The Company is also participating in the SBA Paycheck Protection Program (PPP). Key Features of the PPP include: • 24-month • Interest-rate of 1%, deferred payments for the first 6-months • The loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). No collateral or personal guarantees are required. Neither the government nor lenders will charge any fees. • Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease. • Loans are guaranteed by the United States Treasury Department. The Company has approved approximately 720 PPP loan applications from new and existing clients, totaling over $370.0 million. The Company is not acting as an agent but will be receiving the full fee provided by the SBA for making these types of loans. Goodwill The company completed an impairment analysis of Goodwill as of March 31, 2020 and has determined there was no impairment. As part of the Company’s assessment of goodwill impairment, management considered coronavirus COVID-19

Nature of Operations (Tables)

Nature of Operations (Tables)	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Earnings Per Share, Basic and Diluted	Three months ended (Dollars in thousands, except per share data) 2020 2019 Net income available to common shareholders $ 473 $ 1,868 Weighted average basic common shares outstanding 8,103,248 8,020,456 Add: dilutive potential common shares 66,650 82,087 Weighted average diluted common shares outstanding 8,169,898 8,102,543 Basic earnings per share $ 0.06 $ 0.23 Diluted earnings per share $ 0.06 $ 0.23

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Debt Securities, Available-for-sale	The following table summarizes the amortized cost and estimated fair value of securities available for sale at March 31, 2020 and December 31, 2019. (Dollars in thousands) Amortized Gross Gross Estimated At March 31, 2020: Residential mortgage backed and government securities $ 23,763 $ 760 $ — $ 24,523 Government agencies 2,987 4 — 2,991 Corporate bonds 7,009 — (179 ) 6,830 Total available for sale securities $ 33,759 $ 764 $ (179 ) $ 34,344 At December 31, 2019: Residential mortgage backed and government securities $ 20,291 $ 436 $ (5 ) $ 20,722 Government agencies 7,824 9 — 7,833 Corporate bonds — — — — Total available for sale securities $ 28,115 $ 445 $ (5 ) $ 28,555
Summary of available for sale securities and held to maturity securities continuous unrealized loss position fair value	The following table summarizes securities with unrealized losses at March 31, 2020 and December 31, 2019 aggregated by major security type and length of time in a continuous unrealized loss position. Less Than 12 Months More Than 12 Months Total (Dollars in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized At March 31, 2020: Residential mortgage backed and government securities $ — $ — $ — $ — $ — $ — Government agencies — — — — — — Corporate bonds — — 6,830 (179 ) 6,830 (179 ) Total available for sale securities $ — $ — $ 6,830 $ (179 ) $ 6,830 $ (179 ) At December 31, 2019: Residential mortgage backed and government securities $ 481 $ 5 $ — $ — $ 481 $ 5 Government agencies 1,598 — — — 1,598 — Corporate bonds — — — — — — Total available for sale securities $ 2,079 $ 5 $ — $ — $ 2,079 $ 5

Loans and Allowance For Loan _2

Loans and Allowance For Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Summary of Outstanding Loans	3. LOANS AND ALLOWANCE FOR LOAN LOSSES Outstanding loans as of March 31, 2020 and December 31, 2019 are summarized below. Certain loans have been pledged to secure borrowing arrangements (see Note 4). (Dollars in thousands) March 31, December 31, Commercial and industrial 416,308 389,746 Real estate—construction and land 41,697 42,519 Real estate—other 496,765 502,929 Real estate—HELOC 995 982 Installment and other 13,180 13,476 Total loans, gross 968,945 949,652 Deferred loan origination costs, net 2,902 2,555 Allowance for loan losses (11,565 ) (11,075 ) Total loans, net 960,282 941,132
Summary of Information Related to Impaired Loans	The following table reflects information related to impaired loans as of March 31, 2020 and December 31, 2019. (Dollars in thousands) Recorded Unpaid Related Average Interest As of March 31, 2020 With no related allowance recorded: Commercial and industrial $ 1,677 $ 1,685 $ — $ 1,728 $ 35 With an allowance recorded: Commercial and industrial $ 3,782 $ 5,682 $ 1,187 $ 5,715 $ 25 Installment and other $ 356 $ 631 $ 110 $ 1,925 $ — Total: Commercial and industrial $ 5,459 $ 7,367 $ 650 $ 7,443 $ 60 Installment and other $ 356 $ 631 $ 110 $ 1,925 $ — As of December 31, 2019 With no related allowance recorded: Commercial and industrial $ 1,847 $ 1,860 $ — $ 1,282 $ 68 Real estate- other $ 689 $ 687 $ — $ 700 $ 52 Installment and other $ 291 $ 294 $ — $ 1,723 $ — With an allowance recorded: Commercial and industrial $ 2,725 $ 4,623 $ 600 $ 4,620 $ 56 Installment and other $ 41 $ 200 $ 50 $ 203 $ 15 Total: Commercial and industrial $ 4,572 $ 6,483 $ 600 $ 5,902 $ 124 Real estate- other $ 689 $ 687 $ — $ 700 $ 52 Installment and other $ 332 $ 494 $ 50 $ 1,926 $ 15
Loans Receivable [Member]
Loans and Leases Receivable Disclosure [Line Items]
Summary of Financing Receivable and Related Impairment Methodology	The following table reflects gross loans by portfolio segment and the related impairment methodology as of March 31, 2020 and December 31, 2019. (Dollars in thousands) Commercial Real Estate Real Estate Real Estate Installment Total As of March 31, 2020 Loans individually evaluated for impairment $ 5,440 $ — $ — $ — $ 344 $ 5,784 Loans collectively evaluated for impairment 410,868 41,697 496,765 995 12,836 963,161 Total loans $ 416,308 $ 41,697 $ 496,765 $ 995 $ 13,180 $ 968,945 As of December 31, 2019 Loans individually evaluated for impairment $ 4,572 $ — $ 687 $ — $ 344 $ 5,603 Loans collectively evaluated for impairment 385,174 42,519 502,242 982 13,132 944,049 Total loans $ 389,746 $ 42,519 $ 502,929 $ 982 $ 13,476 $ 949,652
Summary of Allowance for Loan Losses	The following table reflects the changes in, and allocation of, the allowance for loan losses by portfolio segment as of March 31, 2020 and March 31, 2019. (Dollars in thousands) Commercial Real Estate Real Estate Real Estate Installment Total Three months ended March 31, 2020 Beginning balance $ 6,708 $ 1,022 $ 3,281 $ 6 $ 58 $ 11,075 Provision for loan losses 1,045 (292 ) (620 ) (1 ) 268 400 Charge-offs — — — — — — Recoveries 90 — — — — 90 Ending balance $ 7,843 $ 730 $ 2,661 $ 5 $ 326 $ 11,565 Individually evaluated for impairment $ 1,187 $ — $ — $ — $ 110 $ 1,297 Collectively evaluated for impairment 6,656 730 2,661 5 216 10,268 $ 7,843 $ 730 $ 2,661 $ 5 $ 326 $ 11,565 Three months ended March 31, 2019 Beginning balance $ 5,578 $ 1,493 $ 3,703 $ 16 $ 10 $ 10,800 Provision for loan losses 378 (373 ) 448 (6 ) 134 581 Charge-offs — — — — (137 ) (137 ) Recoveries 6 — — — — 6 Ending balance $ 5,962 $ 1,120 $ 4,151 $ 10 $ 7 $ 11,250 Individually evaluated for impairment $ 14 $ — $ — $ — $ — $ 14 Collectively evaluated for impairment 5,948 1,120 4,151 10 7 11,236 $ 5,962 $ 1,120 $ 4,151 $ 10 $ 7 $ 11,250
Summary of Loan Portfolio Allocated by Management's Internal Risk Ratings	The following table reflects the loan portfolio allocated by management’s internal risk ratings at March 31, 2020 and December 31, 2019. (Dollars in thousands) Commercial Real Estate Real Estate Real Estate Installment Total As of March 31, 2020 Grade: Pass $ 399,304 $ 39,919 $ 486,959 $ 995 $ 10,584 $ 937,761 Special Mention 7,254 — 5,188 — 1,495 13,937 Substandard 9,750 1,778 4,618 — 1,101 17,247 Total $ 416,308 $ 41,697 $ 496,765 $ 995 $ 13,180 $ 968,945 As of December 31, 2019 Grade: Pass $ 378,327 $ 40,731 $ 494,314 $ 982 $ 11,382 $ 925,736 Special Mention 6,894 1,788 7,928 — 1,655 18,265 Substandard 4,525 — 687 — 439 5,651 Total $ 389,746 $ 42,519 $ 502,929 $ 982 $ 13,476 $ 949,652
Summary of Aging Analysis of the Loan Portfolio by the Time Past Due	The following table reflects an aging analysis of the loan portfolio by the time past due at March 31, 2020 and December 31, 2019. (Dollars in thousands) 30 Days 60 Days 90+ Days Non-Accrual Current Total As of March 31, 2020 Commercial and industrial $ — $ — $ — $ 2,306 $ 414,002 $ 416,308 Real estate: Construction and land — — — — 41,697 41,697 Other — — — — 496,765 496,765 HELOC — — — — 995 995 Installment and other — — — 344 12,836 13,180 Total loans, gross $ — $ — $ — $ 2,650 $ 966,295 $ 968,945 As of December 31, 2019 Commercial and industrial $ — $ 1,440 $ — $ 2,409 $ 385,897 $ 389,746 Real estate: Construction and land — — — — 42,519 42,519 Other — — — — 502,929 502,929 HELOC — — — — 982 982 Installment and other — — — 344 13,132 13,476 Total loans, gross $ — $ 1,440 $ — $ 2,753 $ 945,459 $ 949,652

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Summary of Quantitative Information About Operating Leases	The following table reflects the quantitative information for the Company’s leases. (Dollars in thousands) March 31, Operating lease cost (cost resulting form lease payments) $ 621 Operating lease – operating cash flows (fixed payments) $ 491 Operating lease – ROU assets $ 9,867 Operating lease – liabilities $ 12,119 Weighted average lease term – operating leases 4.8 years Weighted average discount rate – operating leases 2.58 %
Summary of Lessee, Operating Lease	(Dollars in thousands) March 31, 2020 $ 1,914 2021 2,431 2022 2,441 2023 1,497 2024 1,456 Thereafter 3,291 Total undiscounted cash flows 13,030 Discount on cash flows (911 ) Total lease liability $ 12,119

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at March 31, 2020 and December 31, 2019 are as follows: Carrying Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total As of March 31, 2020 Financial assets: Cash and due from banks $ 140,610 $ 140,610 $ — $ — $ 140,610 Securities available for sale 34,344 — 34,344 — 34,344 Loans, net 960,282 — — 951,928 951,928 Accrued interest receivable 3,247 — 109 3,138 3,247 Financial liabilities: Deposits $ 1,028,861 $ 884,043 $ 145,310 $ — $ 1,029,353 Other borrowings 22,000 — — 22,539 22,539 Subordinated debt 4,981 — — 5,103 5,103 Accrued interest payable 376 — 300 76 376 As of December 31, 2019 Financial assets: Cash and due from banks $ 114,342 $ 114,342 $ — $ — $ 114,342 Securities available 28,555 — 28,555 — 28,555 Loans, net 941,132 — — 940,944 940,944 Accrued interest receivable 3,398 — 168 3,230 3,398 Financial liabilities : Deposits $ 988,236 $ 870,495 $ 121,136 $ — $ 991,631 Other borrowings 10,000 — — 10,032 10,032 Subordinated debt 4,977 — — 5,112 5,112 Accrued interest payable 400 — 326 74 400
Summary of Assets at Fair Value on a Recurring Basis	The Company is required or permitted to record the following assets at fair value on a recurring basis. (Dollars in thousands) Fair Value Level 1 Level 2 Level 3 As of March 31, 2020 Investments available for sale: Residential mortgage backed and government securities $ 24,523 $ — $ 24,523 $ — Government agencies 2,991 — 2,991 — Corporate bonds 6,830 — 6,830 — Total assets measured at fair value on a recurring basis $ 34,344 $ — $ 34,344 $ — As of December 31, 2019 Investments available for sale: Residential mortgage backed and government securities $ 20,722 $ — $ 20,722 $ — Government agencies 7,833 — 7,833 — Corporate bonds — — — — Total assets measured at fair value on a recurring basis $ 28,555 $ — $ 28,555 $ —
Summary of Impaired Loans Measured at Fair Value on a Non-Recurring Basis	The following table summarizes impaired loans measured at fair value on a non-recurring Carrying Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 As of March 31, 2020 Impaired loans—Commercial $ 2,112 $ — $ — $ 2,112 Total assets measured at fair value on a non-recurring basis $ 2,112 $ — $ — $ 2,112 As of December 31, 2019 Impaired loans—Commercial $ 3,475 $ — $ — $ 3,475 Total assets measured at fair value on a non-recurring basis $ 3,475 $ — $ — $ 3,475

Nature of Operations - Summary

Nature of Operations - Summary of Earnings Per Share, Basic and Diluted (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Earnings Per Share [Abstract]
Net income available to common shareholders	$ 473	$ 1,868
Weighted average basic common shares outstanding	8,103,248	8,020,456
Add: dilutive potential common shares	66,650	82,087
Weighted average diluted common shares outstanding	8,169,898	8,102,543
Basic earnings per share	$ 0.06	$ 0.23
Diluted earnings per share	$ 0.06	$ 0.23

Investment Securities - Summary

Investment Securities - Summary Of The Amortized Cost And Estimated Fair Value Of Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 33,759	$ 28,115
Gross unrealized gains	764	445
Gross unrealized losses	(179)	(5)
Estimated fair value	34,344	28,555
Corporate bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized cost	7,009	0
Gross unrealized gains	0	0
Gross unrealized losses	(179)	0
Estimated fair value	6,830	0
Residential mortgage backed and government securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized cost	23,763	20,291
Gross unrealized gains	760	436
Gross unrealized losses	0	(5)
Estimated fair value	24,523	20,722
Government agencies [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized cost	2,987	7,824
Gross unrealized gains	4	9
Gross unrealized losses	0	0
Estimated fair value	$ 2,991	$ 7,833

Investment Securities - Summa_2

Investment Securities - Summary of Available-For-Sale Securities and Held to Maturity Securities, Continuous Unrealized Loss Position, Fair Value (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Investments Debt And Equity Securities [Line Items]
Less than 12 months fair value		$ 2,079
Less than 12 months unrealized losses		5
12 months or longer fair value	$ 6,830
12 months or longer unrealized losses	(179)
Fair value	6,830	2,079
Unrealized losses	(179)	5
Residential mortgage backed and government securities [Member]
Investments Debt And Equity Securities [Line Items]
Less than 12 months fair value		481
Less than 12 months unrealized losses		5
Fair value		481
Unrealized losses		5
Government agencies [Member]
Investments Debt And Equity Securities [Line Items]
Less than 12 months fair value		1,598
Fair value		$ 1,598
Corporate bonds [Member]
Investments Debt And Equity Securities [Line Items]
12 months or longer fair value	6,830
12 months or longer unrealized losses	(179)
Fair value	6,830
Unrealized losses	$ (179)

Investment Securities - Additio

Investment Securities - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)Securities	Dec. 31, 2019USD ($)Securities	Dec. 31, 2018Securities
Investments Debt And Equity Securities [Line Items]
Number of securities held in portfolio | Securities		21	21
Net unrealized gains on available for sale investment securities | $	$ 585,000		$ 440,000
Payments to acquire securities | $	15,100,000
Proceeds from sale of securities | $	$ 7,700,000	$ 0
Government agency [Member]
Investments Debt And Equity Securities [Line Items]
Number of available for sale securities in unrealized loss positions | Securities		1	1
Mortgage-backed and Government securities—Residential [Member]
Investments Debt And Equity Securities [Line Items]
Number of available for sale securities in unrealized loss positions | Securities		1	1	12

Loans and Allowance For Loan _3

Loans and Allowance For Loan Losses - Summary of Outstanding Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	$ 968,945	$ 949,652
Deferred loan origination costs, net	2,902	2,555
Allowance for loan losses	(11,565)	(11,075)	$ (11,250)	$ (10,800)
Total loans, net	960,282	941,132
Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	416,308	389,746
Allowance for loan losses	(7,843)	(6,708)	(5,962)	(5,578)
Real Estate—Construction & Land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	41,697	42,519
Allowance for loan losses	(730)	(1,022)	(1,120)	(1,493)
Real Estate—Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	496,765	502,929
Real Estate—HELOC [Member] [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	995	982
Allowance for loan losses	(5)	(6)	(10)	(16)
Installment and Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	13,180	13,476
Allowance for loan losses	$ (326)	$ (58)	$ (7)	$ (10)

Loans and Allowance For Loan _4

Loans and Allowance For Loan Losses - Summary of Financing Receivable and Related Impairment Methodology (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 968,945	$ 949,652
Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	416,308	389,746
Real Estate Construction & Land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	41,697	42,519
Real Estate HELOC [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	995	982
Installment and Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,180	13,476
Loans Receivable [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment	5,784	5,603
Loans collectively evaluated for impairment	963,161	944,049
Total loans	968,945	949,652
Loans Receivable [Member] | Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment	5,440	4,572
Loans collectively evaluated for impairment	410,868	385,174
Total loans	416,308	389,746
Loans Receivable [Member] | Real Estate Construction & Land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans collectively evaluated for impairment	41,697	42,519
Total loans	41,697	42,519
Loans Receivable [Member] | Real Estate- Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment		687
Loans collectively evaluated for impairment	496,765	502,242
Total loans	496,765	502,929
Loans Receivable [Member] | Real Estate HELOC [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans collectively evaluated for impairment	995	982
Total loans	995	982
Loans Receivable [Member] | Installment and Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment	344	344
Loans collectively evaluated for impairment	12,836	13,132
Total loans	$ 13,180	$ 13,476

Loans and Allowance For Loan _5

Loans and Allowance For Loan Losses - Summary of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	$ 11,075	$ 10,800
Provision for loan losses	400	581
Charge offs		(137)
Recoveries	90	6
Ending balance	11,565	11,250
Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	6,708	5,578
Provision for loan losses	1,045	378
Recoveries	90	6
Ending balance	7,843	5,962
Real Estate Construction And Land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	1,022	1,493
Provision for loan losses	(292)	(373)
Ending balance	730	1,120
Real Estate, Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	3,281	3,703
Provision for loan losses	(620)	448
Ending balance	2,661	4,151
Real Estate HELOC [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	6	16
Provision for loan losses	(1)	(6)
Ending balance	5	10
Installment and Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	58	10
Provision for loan losses	268	134
Charge offs		(137)
Ending balance	326	$ 7
Loans Receivable [Member]
Loans and Leases Receivable Disclosure [Line Items]
Individually evaluated for impairment	1,297		$ 14
Collectively evaluated for impairment	10,268		11,236
Loans Receivable [Member] | Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Individually evaluated for impairment	1,187		14
Collectively evaluated for impairment	6,656		5,948
Loans Receivable [Member] | Real Estate Construction And Land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Collectively evaluated for impairment	730		1,120
Loans Receivable [Member] | Real Estate, Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Collectively evaluated for impairment	2,661		4,151
Loans Receivable [Member] | Real Estate HELOC [Member]
Loans and Leases Receivable Disclosure [Line Items]
Collectively evaluated for impairment	5		10
Loans Receivable [Member] | Installment and Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Individually evaluated for impairment	110
Collectively evaluated for impairment	$ 216		$ 7

Loans and Allowance For Loan _6

Loans and Allowance For Loan Losses - Summary of Loan Portfolio Allocated by Management's Internal Risk Ratings (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	$ 968,945	$ 949,652
Commercial And Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	416,308	389,746
Real Estate Construction And Land [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	41,697	42,519
Real Estate HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	995	982
Installment and Other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	13,180	13,476
Loans Receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	968,945	949,652
Loans Receivable [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	937,761	925,736
Loans Receivable [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	13,937	18,265
Loans Receivable [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	17,247	5,651
Loans Receivable [Member] | Commercial And Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	416,308	389,746
Loans Receivable [Member] | Commercial And Industrial [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	399,304	378,327
Loans Receivable [Member] | Commercial And Industrial [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	7,254	6,894
Loans Receivable [Member] | Commercial And Industrial [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	9,750	4,525
Loans Receivable [Member] | Real Estate Construction And Land [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	41,697	42,519
Loans Receivable [Member] | Real Estate Construction And Land [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	39,919	40,731
Loans Receivable [Member] | Real Estate Construction And Land [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure		1,788
Loans Receivable [Member] | Real Estate Construction And Land [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	1,778
Loans Receivable [Member] | Real Estate, Other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	496,765	502,929
Loans Receivable [Member] | Real Estate, Other [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	486,959	494,314
Loans Receivable [Member] | Real Estate, Other [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	5,188	7,928
Loans Receivable [Member] | Real Estate, Other [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	4,618	687
Loans Receivable [Member] | Real Estate HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	995	982
Loans Receivable [Member] | Real Estate HELOC [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	995	982
Loans Receivable [Member] | Installment and Other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	13,180	13,476
Loans Receivable [Member] | Installment and Other [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	10,584	11,382
Loans Receivable [Member] | Installment and Other [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	1,495	1,655
Loans Receivable [Member] | Installment and Other [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	$ 1,101	$ 439

Loans and Allowance For Loan _7

Loans and Allowance For Loan Losses - Summary of Aging Analysis of the Loan Portfolio by the Time Past Due (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Financing Receivable, Past Due [Line Items]
Total	$ 968,945	$ 949,652
Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total	416,308	389,746
Real Estate Construction And Land [Member]
Financing Receivable, Past Due [Line Items]
Total	41,697	42,519
Real Estate HELOC [Member]
Financing Receivable, Past Due [Line Items]
Total	995	982
Installment And Other [Member]
Financing Receivable, Past Due [Line Items]
Total	13,180	13,476
Loans Receivable [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	2,650	2,753
Current	966,295	945,459
Total	968,945	949,652
Loans Receivable [Member] | Over 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Past Due		1,440
Loans Receivable [Member] | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	2,306	2,409
Current	414,002	385,897
Total	416,308	389,746
Loans Receivable [Member] | Commercial And Industrial [Member] | Over 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Past Due		1,440
Loans Receivable [Member] | Real Estate Construction And Land [Member]
Financing Receivable, Past Due [Line Items]
Current	41,697	42,519
Total	41,697	42,519
Loans Receivable [Member] | Real Estate, Other [Member]
Financing Receivable, Past Due [Line Items]
Current	496,765	502,929
Total	496,765	502,929
Loans Receivable [Member] | Real Estate HELOC [Member]
Financing Receivable, Past Due [Line Items]
Current	995	982
Total	995	982
Loans Receivable [Member] | Installment And Other [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	344	344
Current	12,836	13,132
Total	$ 13,180	$ 13,476

Loans and Allowance For Loan _8

Loans and Allowance For Loan Losses - Summary of Information Related to Impaired Loans (Detail) - Loans Receivable [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Commercial And Industrial [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment With no related allowance	$ 1,677	$ 1,847
Unpaid Principal Balance With no related allowance	1,685	1,860
Average Recorded Investment With no related allowance	1,728	1,282
Interest Income Recognized With no related allowance	35	68
Recorded Investment With an allowance	3,782	2,725
Unpaid Principal Balance With an allowance	5,682	4,623
Related Allowance	650	600
Average Recorded Investment With an allowance	5,715	4,620
Interest Income Recognized With an allowance	25	56
Recorded Investment	5,459	4,572
Unpaid Principal Balance	7,367	6,483
Average Recorded Investment	7,443	5,902
Interest Income Recognized	60	124
Real Estate- Other [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment With no related allowance		689
Unpaid Principal Balance With no related allowance		687
Average Recorded Investment With no related allowance		700
Interest Income Recognized With no related allowance		52
Recorded Investment		689
Unpaid Principal Balance		687
Average Recorded Investment		700
Interest Income Recognized		52
Installment and Other [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment With no related allowance		291
Unpaid Principal Balance With no related allowance		294
Average Recorded Investment With no related allowance		1,723
Recorded Investment With an allowance	356	41
Unpaid Principal Balance With an allowance	631	200
Related Allowance	110	50
Average Recorded Investment With an allowance	1,925	203
Interest Income Recognized With an allowance		15
Recorded Investment	356	332
Unpaid Principal Balance	631	494
Average Recorded Investment	$ 1,925	1,926
Interest Income Recognized		$ 15

Loans and Allowance For Loan _9

Loans and Allowance For Loan Losses - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2020USD ($)Loans	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest forgone on nonaccrual loans	$ 82,000	$ 89,000
Financing Receivable, Troubled Debt Restructuring	$ 624,000
Financing Receivable, Modifications, Number of Contracts | Loans	0		0
Increase Decrease In Allowance For Loan And Lease Losses	$ 0	$ 0
Revolving Credit Facility [Member] | One Year Prime Rate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt Instrument, Variable Interest Rate Basis	six month term at a rate of Prime plus 0.40%.		one-year at a rate of Prime plus 0.40%
Loans Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Troubled Debt Restructuring			$ 722,000
Financing Receivables Impaired Troubled Debt Restructuring Specific Reserve	$ 20,000		$ 12,000

Borrowing Arrangements - Additi

Borrowing Arrangements - Additional Information (Detail) - USD ($)	Apr. 15, 2016	Jun. 30, 2019	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Short-term Debt [Line Items]
FHLB Advance, Collateral Pledged			$ 160,000,000	$ 188,800,000
FHLB Advance, Available Borrowing Capacity			$ 105,000,000	133,800,000
FHLB Advance, Amount Of Advances		$ 10,000,000
FHLB Advance, Term		2 years
FHLB Advance, Maturity Date			2021
FHLB Advance, Interest Rate			1.89%
Security Owned And Pledged As Collateral			$ 0	0
Junior Subordinated debt securities			4,981,000	4,977,000
Junior Subordinated Debt [Member]
Short-term Debt [Line Items]
Debt Instrument, Face Amount	$ 5,000,000
Debt Instrument, IssuanceDate	Apr. 15, 2016
Debt Instrument, Interest Rate Terms	The subordinated debt has a fixed interest rate of 5.875% for the first 5 years
Debt Instrument, Fixed Interest Rate	5.875%
Related issuance costs	$ 87,000
Junior Subordinated debt securities				5,000,000	$ 5,000,000
Prime Rate [Member] | Junior Subordinated Debt [Member]
Short-term Debt [Line Items]
Debt Instrument, Variable Interest Rate Basis	variable rate of Prime plus 2.00%
Debt Instrument, Variable Rate	2.00%
Correspondent Banks [Member]
Short-term Debt [Line Items]
Borrowings outstanding			0	0
Line Of Credit Maximum Borrowing Capacity			61,000,000
Correspondent Banks [Member] | Repurchase Agreement [Member]
Short-term Debt [Line Items]
Line Of Credit Maximum Borrowing Capacity			10,000,000
Secured Debt [Member]
Short-term Debt [Line Items]
Line Of Credit Maximum Borrowing Capacity			$ 12,000,000
Line of Credit Facility, Expiration Period			3 years
Line Of Credit, Fixed Interest Rate			3.95%
Secured Debt [Member] | Federal Reserve Bank of San Francisco [Member]
Short-term Debt [Line Items]
Loans Pledged As Collateral			$ 205,100,000	193,700,000
Line Of Credit Available Borrowing Capacity			132,600,000	127,300,000
Borrowings outstanding			0	0
Revolving Credit Facility [Member]
Short-term Debt [Line Items]
Borrowings outstanding			0	$ 0
Line Of Credit Maximum Borrowing Capacity			$ 3,000,000
Revolving Credit Facility [Member] | One Year Prime Rate [Member]
Short-term Debt [Line Items]
Debt Instrument, Variable Interest Rate Basis			six month term at a rate of Prime plus 0.40%.	one-year at a rate of Prime plus 0.40%
Debt Instrument, Variable Rate			0.40%

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Percentage Of Commercial And industrial Loans to Total Loans
Cash Deposit FDIC Insurance Limit	$ 250,000
Uninsured deposits at financial institutions	4,600,000		$ 4,000,000
Commitments for loans	343,000,000		390,000,000
Reserve for unfunded loan commitments	185,000		$ 185,000
Rent and equipment expense	$ 622,000	$ 389,000

Commitments and Contingent Li_4

Commitments and Contingent Liabilities - Summary of Quantitative Information for the Company's Leases (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Operating lease cost (cost resulting form lease payments)	$ 621
Operating lease – operating cash flows (fixed payments)	491
Operating lease – ROU assets	9,867
Operating lease – liabilities	$ 12,119
Weighted average lease term – operating leases	4 years 9 months 18 days
Weighted average discount rate – operating leases	2.58%

Commitments and Contingent Li_5

Commitments and Contingent Liabilities - Summary of Operating Lease (Detail) $ in Thousands	Mar. 31, 2020USD ($)
Leases [Abstract]
2020	$ 1,914
2021	2,431
2022	2,441
2023	1,497
2024	1,456
Thereafer	3,291
Total undiscounted cash flows	13,030
Discount on cash flows	(911)
Total lease liability	$ 12,119

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Financial assets
Cash and due from banks	$ 140,610	$ 114,342	$ 61,320	$ 78,705
Securities available for sale	34,344	28,555
Loans, net	951,928	940,944
Accrued interest receivable	3,247	3,398
Financial liabilities
Deposits	1,029,353	991,631
Other borrowings	22,539	10,032
Subordinated debt	5,103	5,112
Accrued interest payable	376	400
Carrying Amount [Member]
Financial assets
Cash and due from banks	140,610	114,342
Securities available for sale	34,344	28,555
Loans, net	960,282	941,132
Accrued interest receivable	3,247	3,398
Financial liabilities
Deposits	1,028,861	988,236
Other borrowings	22,000	10,000
Subordinated debt	4,981	4,977
Accrued interest payable	376	400
Level 1 [Member]
Financial assets
Cash and due from banks	140,610	114,342
Financial liabilities
Deposits	884,043	870,495
Level 2 [Member]
Financial assets
Securities available for sale	34,344	28,555
Accrued interest receivable	109	168
Financial liabilities
Deposits	145,310	121,136
Accrued interest payable	300	326
Level 3 [Member]
Financial assets
Loans, net	951,928	940,944
Accrued interest receivable	3,138	3,230
Financial liabilities
Other borrowings	22,539	10,032
Subordinated debt	5,103	5,112
Accrued interest payable	$ 76	$ 74

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	Apr. 15, 2016
Junior Subordinated Debt [Member] | Prime Rate [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Variable Rate	2.00%

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Assets at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	$ 34,344	$ 28,555
Residential mortgage backed and government securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	24,523	20,722
Government agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	2,991	7,833
Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	6,830
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	34,344	28,555
Level 2 [Member] | Residential mortgage backed and government securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	24,523	20,722
Level 2 [Member] | Government agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	2,991	$ 7,833
Level 2 [Member] | Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	$ 6,830

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Impaired Loans Measured at Fair Value on a Non-Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	$ 2,112	$ 3,475
Carrying Amount [Member] | Commercial [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	2,112	3,475
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	2,112	3,475
Level 3 [Member] | Commercial [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	$ 2,112	$ 3,475

Business Impact Of Covid-19 - A

Business Impact Of Covid-19 - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2020USD ($)Loans	Dec. 31, 2019Loans
Financing receivable, modifications, number of contracts | Loans	0	0
Financing receivable, troubled debt restructuring	$ 624,000
Goodwill, Impairment	$ 0
SBA Payment Protection Program [Member]
Debt Instrument, Term	24 months
Debt Instrument, Fixed Interest Rate	1.00%
Number of loan applications received | Loans	720
Payment protection loan applications received amount	$ 370,000,000
COVID-19 [Member] | Payment Deferral [Member]
Financing receivable, modifications, number of contracts | Loans	400
Financing receivable, troubled debt restructuring	$ 365,000,000
Financing receivable modifications aggregate monthly principal and interest payments	$ 3,700,000
Financing receivable modifications payment deferral number of days	90 days
Financing receivable modifications, payment deferral, additional number of days	90 days