California Bancorp (CALB) 10-Q 12 May 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	Apr. 30, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Period End Date	Mar. 31, 2022
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		8,291,771
Title of 12(b) Security	Common Stock
Trading Symbol	CALB
Security Exchange Name	NASDAQ
Entity Incorporation, State or Country Code	CA
Entity Tax Identification Number	82-1751097
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity File Number	001-39242
Entity Address, Address Line One	1300 Clay Street
Entity Address, Address Line Two	Suite 500
Entity Address, City or Town	Oakland
Entity Address, Country	CA
Entity Address, Postal Zip Code	94612
City Area Code	510
Local Phone Number	457-3737

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS:
Cash and due from banks	$ 18,228	$ 4,539
Federal funds sold	206,305	465,917
Total cash and cash equivalents	224,533	470,456
Available for sale, at fair value	53,985	74,892
Held to maturity, at amortized cost	117,779	28,386
Total investment securities	171,764	103,278
Loans, net of allowance for losses of $15,032 and $14,081 at March 31, 2022 and December 31, 2021, respectively	1,387,876	1,364,256
Premises and equipment, net	4,047	4,405
Bank owned life insurance (BOLI)	24,614	24,412
Goodwill and other intangible assets	7,503	7,513
Accrued interest receivable and other assets	39,258	40,676
Total assets	1,859,595	2,014,996
Deposits
Non-interest bearing	746,673	771,205
Interest bearing	853,849	908,933
Total deposits	1,600,522	1,680,138
Other borrowings	32,166	106,387
Junior subordinated debt securities	54,063	54,028
Accrued interest payable and other liabilities	18,273	23,689
Total liabilities	1,705,024	1,864,242
Commitments and Contingencies (Note 5)
Shareholders' equity
Common stock, no par value; 40,000,000 shares authorized; 8,270,901 and 8,264,300 issued and outstanding at March 31, 2022 and December 31, 2021, respectively	109,815	109,473
Retained earnings	44,862	41,189
Accumulated other comprehensive income, net of taxes	(106)	92
Total shareholders' equity	154,571	150,754
Total liabilities and shareholders' equity	$ 1,859,595	$ 2,014,996

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for losses	$ 15,032	$ 14,081
Common stock, par value	$ 0	$ 0
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	8,270,901	8,264,300
Common stock, shares outstanding	8,270,901	8,264,300

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest income
Loans	$ 14,886	$ 14,584
Federal funds sold	136	88
Investment securities	902	360
Total interest income	15,924	15,032
Interest expense
Deposits	806	1,191
Borrowings and subordinated debt	592	505
Total interest expense	1,398	1,696
Net interest income	14,526	13,336
Provision for credit losses	950	300
Net interest income after provision for credit losses	13,576	13,036
Non-interest income
Service charges and other fees	889	641
Gain on the sale of loans	1,393	0
Other	252	280
Total non-interest income	2,534	921
Non-interest expense
Salaries and benefits	7,093	6,367
Premises and equipment	1,302	1,197
Professional fees	592	589
Data processing	608	580
Other	1,321	1,347
Total non-interest expense	10,916	10,080
Income before provision for income taxes	5,194	3,877
Provision for income taxes	1,521	1,068
Net income	$ 3,673	$ 2,809
Earnings per common share
Basic	$ 0.44	$ 0.34
Diluted	$ 0.44	$ 0.34
Average common shares outstanding	8,276,761	8,179,667
Average common and equivalent shares outstanding	8,392,802	8,242,467

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net Income	$ 3,673	$ 2,809
Other comprehensive income
Unrealized losses on securities available for sale, net	(5)	(743)
Unrealized losses on securities transferred from available for sale to held to maturity, net	(281)	0
Amortization of unrealized losses on securities transferred from available for sale to held to maturity, net	2	0
Tax effect	86	220
Total other comprehensive (loss) income	(198)	(523)
Total comprehensive income	$ 3,475	$ 2,286

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance (in shares) at Dec. 31, 2020		8,171,734
Balance at Dec. 31, 2020	$ 136,410	$ 107,948	$ 27,821	$ 641
Stock awards issued and related compensation expense, shares		3,369
Stock awards issued and related compensation expense	383	$ 383
Stock options exercised , shares		14,495
Stock options exercised	99	$ 99
Net income	2,809		2,809
Other comprehensive loss	(523)			(523)
Balance (in shares) at Mar. 31, 2021		8,189,598
Balance at Mar. 31, 2021	139,178	$ 108,430	30,630	118
Balance (in shares) at Dec. 31, 2021		8,264,300
Balance at Dec. 31, 2021	150,754	$ 109,473	41,189	92
Stock awards issued and related compensation expense, shares		11,513
Stock awards issued and related compensation expense	494	$ 494
Shares withheld to pay taxes on stock based compensation , shares		(7,459)
Shares withheld to pay taxes on stock based compensation	(173)	$ (173)
Stock options exercised , shares		4,200
Stock options exercised	55	$ 55
Shares withheld to pay exercise price on stock options, shares		(1,653)
Shares withheld to pay exercise price on stock options	(34)	$ (34)
Net income	3,673		3,673
Other comprehensive loss	(198)			(198)
Balance (in shares) at Mar. 31, 2022		8,270,901
Balance at Mar. 31, 2022	$ 154,571	$ 109,815	$ 44,862	$ (106)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income	$ 3,673	$ 2,809
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	950	300
Provision for deferred taxes	1,128	220
Depreciation	387	398
Deferred loan (costs) fees, net	(735)	2,129
Accretion on discount of purchased loans, net	(11)	(36)
Stock based compensation, net	321	383
Increase in cash surrender value of life insurance	(166)	(162)
Discount on retained portion of sold loans, net	(9)	(9)
Gain on sale of loans, net	(1,393)	0
Increase in accrued interest receivable and other assets	616	762
Decrease in accrued interest payable and other liabilities	(5,223)	(3,418)
Net cash provided by operating activities	(462)	3,376
Cash flows from investing activities:
Purchase of investment securities	(75,023)	(7,245)
Proceeds from principal payments on investment securities	6,056	4,217
Proceeds from sale of loans	37,271	0
Net decrease in loans	(59,693)	(101,068)
Capital calls on low income tax credit investments	(191)	(290)
Purchase of premises and equipment	(29)	(72)
Purchase of bank-owned life insurance policies	(36)	(40)
Net cash used for investing activities	(91,645)	(104,498)
Cash flows from financing activities:
Net (decrease) increase in customer deposits	(79,616)	97,509
Paydown of long term borrowing, net	(24,221)	(54,223)
Paydown of short term and overnight borrowings, net	(50,000)	0
Proceeds from exercised stock options, net	21	99
Net cash provided by financing activities	(153,816)	43,385
Decrease in cash and cash equivalents	(245,923)	(57,737)
Cash and cash equivalents, beginning of period	470,456	418,517
Cash and cash equivalents, end of period	224,533	360,780
Supplemental disclosure of cash flow information:
Securities transferred from available for sale to the held to maturity classification	49,889	0
Cash paid during the year for:
Interest	2,023	1,725
Income taxes	$ 0	$ 0

Nature of Operations

Nature of Operations	3 Months Ended
	Mar. 31, 2022
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”), which offers a broad range of commercial banking services to closely held businesses and professionals located throughout Northern California. The Bank has a full service branch in California located in Contra Costa County California and 4 loan production offices in California located in Alameda County, Contra Costa County, Sacramento County, and Santa Clara 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, 2022 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, 2022. 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 and concluded that no event required any adjustment to the balances presented. 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, 2022 may be materially different from actual results due to the COVID-19 Reclassifications Certain prior balances in the unaudited consolidated financial statements may have been reclassified to conform to current year presentation. These reclassifications had no effect on prior year net income or shareholders’ equity. Business Impact of COVID-19 The COVID-19 COVID-19 Although the impact of COVID-19 Goodwill Goodwill impairment exists when a reporting unit’s carrying value exceeds its fair value, which is determined through a qualitative assessment whether it is more likely than not that the fair value of equity of the reporting unit exceeds the carrying value (“Step Zero”). The Company completed an impairment analysis of goodwill as of March 31, 2022 and determined there was no impairment. As part of the Company’s qualitative assessment of goodwill impairment, management considered COVID-19 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) 2022 2021 Net income available to common shareholders $ 3,673 $ 2,809 Weighted average basic common shares outstanding 8,276,761 8,179,667 Add: dilutive potential common shares 116,041 62,800 Weighted average diluted common shares outstanding 8,392,802 8,242,467 Basic earnings per share $ 0.44 $ 0.34 Diluted earnings per share $ 0.44 $ 0.34 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 June 2016, the FASB issued ASU 2016-13, held-to off-balance

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2022
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, 2022 and December 31, 2021. (Dollars in thousands) Amortized Gross Gross Estimated At March 31, 2022: Mortgage backed securities $ 23,981 $ 91 $ (280 ) $ 23,792 Government agencies 29,730 25 (55 ) 29,700 Corporate bonds 427 66 — 493 Total available for sale securities $ 54,138 $ 182 $ (335 ) $ 53,985 Mortgage backed securities $ 71,857 $ — $ (3,826 ) $ 68,031 Government agencies 3,091 — (352 ) 2,739 Corporate bonds 42,831 150 (1,415 ) 41,566 Total held to maturity securities $ 117,779 $ 150 $ (5,593 ) $ 112,336 At December 31, 2021: Mortgage backed securities $ 29,943 $ 325 $ (320 ) $ 29,948 Government agencies 3,093 — (100 ) 2,993 Corporate bonds 41,725 694 (468 ) 41,951 Total available for sale securities $ 74,761 $ 1,019 $ (888 ) $ 74,892 Mortgage backed securities $ 22,772 $ — $ (140 ) $ 22,632 Government agencies — — — — Corporate bonds 5,614 — (30 ) 5,584 Total held to maturity securities $ 28,386 $ — $ (170 ) $ 28,216 The Company purchased 7 available for sale securities for $34.2 million and 10 held to maturity securities for $40.8 million during the three months ended March 31, 2022. The Company purchased 2 available for sale securities for $7.2 million and no held to maturity securities during the three months ended March 31, 2021. The Company did not sell any securities during the three months ended March 31, 2022 and 2021, respectively. Net unrealized losses on available for sale investment securities totaling $153,000 were recorded, net of deferred tax assets, as accumulated other comprehensive income within shareholders’ equity at March 31, 2022. Net unrealized gains on available for sale investment securities totaling $131,000 were recorded, net of deferred tax assets, as accumulated other comprehensive income within shareholders’ equity at December 31, 2021, respectively. During the first quarter of 2022, the Company re-designated re-designated The following table summarizes securities with unrealized losses at March 31, 2022 and December 31, 2021 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, 2022: Mortgage backed securities $ 12,890 $ (280 ) $ — $ — $ 12,890 $ (280 ) Government agencies 9,830 (55 ) — — 9,830 (55 ) Corporate bonds — — — — — — Total available for sale securities $ 22,720 $ (335 ) $ — $ — $ 22,720 $ (335 ) Mortgage backed securities $ 62,356 $ (3,140 ) $ 5,675 $ (686 ) $ 68,031 $ (3,826 ) Government agencies 2,739 (352 ) — — 2,739 (352 ) Corporate bonds 25,409 (746 ) 6,331 (669 ) 31,740 (1,415 ) Total held to maturity securities $ 90,504 $ (4,238 ) $ 12,006 $ (1,355 ) $ 102,510 $ (5,593 ) At December 31, 2021: Mortgage backed securities $ 14,302 $ (320 ) $ — $ — $ 14,302 $ (320 ) Government agencies 2,993 (100 ) — — 2,993 (100 ) Corporate bonds 15,233 (200 ) 4,732 (268 ) 19,965 (468 ) Total available for sale securities $ 32,528 $ (620 ) $ 4,732 $ (268 ) $ 37,260 $ (888 ) Mortgage backed securities $ 22,632 $ (140 ) $ — $ — $ 22,632 $ (140 ) Government agencies 5,584 (30 ) — — 5,584 (30 ) Corporate bonds — — — — — — Total held to maturity securities $ 28,216 $ (170 ) $ — $ — $ 28,216 $ (170 ) At March 31, 2022 the Company’s investment security portfolio consisted of 60 securities, 41 of which (mortgage backed securities and corporate securities with investment grade ratings) were in an unrealized loss position at quarter end. At December 31, 2021 the Company’s investment security portfolio consisted of 44 securities, 16 of which were in an unrealized loss position at year end. 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 is 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, 2022 and December 31, 2021, respectively. As part of the Company’s assessment of other-than-temporary-impairment (OTTI), management considered the current impact of the COVID-19 The following table summarizes the scheduled maturities of the Company’s investment securities as of March 31, 2022. Available for Sale Held to Maturity (Dollars in thousands) Amortized Fair Amortized Fair Value Less that one year $ — $ — $ — $ — One to five years 41,806 41,687 23,701 23,371 Five to ten years — — 30,349 29,560 Beyond ten years 427 493 22,374 20,806 Securities not due at a single maturity date 11,905 11,805 41,355 38,599 Total investment securities $ 54,138 $ 53,985 $ 117,779 $ 112,336 The amortized cost and fair value of debt securities are shown by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. As such, mortgage backed securities and government agencies are not included in the maturity categories above and instead are shown separately as securities not due at a single maturity date.

Loans and Allowance For Credit

Loans and Allowance For Credit Losses	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Loans and Allowance For Credit Losses	3. LOANS AND ALLOWANCE FOR CREDIT LOSSES Outstanding loans as of March 31, 2022 and December 31, 2021 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 $ 522,808 474,281 Real estate - other 741,651 697,212 Real estate - construction and land 51,204 43,194 SBA 44,040 81,403 Other 40,771 80,559 Total loans, gross 1,400,474 1,376,649 Deferred loan origination costs, net 2,434 1,688 Allowance for credit losses (15,032 ) (14,081 ) Total loans, net $ 1,387,876 1,364,256 SBA loans include Paycheck Protection Program (“PPP”) loans funded under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which was enacted as a result of the COVID-19. re-launch The following table reflects the loan portfolio allocated by management’s internal risk ratings at March 31, 2022 and December 31, 2021. (Dollars in thousands) Commercial Real Estate Real Estate SBA Other Total As of March 31, 2022 Grade: Pass $ 501,659 $ 735,377 $ 47,105 $ 42,421 $ 40,771 $ 1,367,333 Special Mention 17,163 1,578 1,268 893 — 20,902 Substandard 3,986 4,696 2,831 726 — 12,239 Total $ 522,808 $ 741,651 $ 51,204 $ 44,040 $ 40,771 $ 1,400,474 As of December 31, 2021 Grade: Pass $ 450,913 $ 690,916 $ 39,074 $ 79,379 $ 80,559 $ 1,340,841 Special Mention 20,904 1,583 1,278 1,111 — 24,876 Substandard 2,464 4,713 2,842 913 — 10,932 Total $ 474,281 $ 697,212 $ 43,194 $ 81,403 $ 80,559 $ 1,376,649 The following table reflects an aging analysis of the loan portfolio by the time past due at March 31, 2022 and December 31, 2021. (Dollars in thousands) 30 Days 60 Days 90+ Days Non-Accrual Current Total As of March 31, 2022 Commercial and industrial $ 400 $ — $ 193 $ — $ 522,215 $ 522,808 Real estate - other 322 — — — 741,329 741,651 Real estate - construction and land — — — — 51,204 51,204 SBA — — — 549 43,491 44,040 Other — — — — 40,771 40,771 Total loans, gross $ 722 $ — $ 193 $ 549 $ 1,399,010 $ 1,400,474 As of December 31, 2021 Commercial and industrial $ — $ 2,597 $ — $ — $ 471,684 $ 474,281 Real estate - other — — — — 697,212 697,212 Real estate - construction and land — — — — 43,194 43,194 SBA — — — 232 81,171 81,403 Other — — — — 80,559 80,559 Total loans, gross $ — $ 2,597 $ — $ 232 $ 1,373,820 $ 1,376,649 The following table reflects the impairment methodology applied to gross loans by portfolio segment and the related allowance for credit losses as of March 31, 2022 and December 31, 2021. (Dollars in thousands) Commercial Real Estate Real Estate SBA Other Total As of March 31, 2022 Gross loans: Loans individually evaluated for impairment $ — $ — $ — $ 549 $ — $ 549 Loans collectively evaluated for impairment 522,808 741,651 51,204 43,491 40,771 1,399,925 Total gross loans $ 522,808 $ 741,651 $ 51,204 $ 44,040 $ 40,771 $ 1,400,474 Allowance for loan losses: Loans individually evaluated for impairment $ — $ — $ — $ 141 $ — $ 141 Loans collectively evaluated for impairment 8,876 5,080 783 142 10 14,891 Total allowance for loan losses $ 8,876 $ 5,080 $ 783 $ 283 $ 10 $ 15,032 As of December 31, 2021 Gross loans: Loans individually evaluated for impairment $ — $ — $ — $ 731 $ — $ 731 Loans collectively evaluated for impairment 474,281 697,212 43,194 80,672 80,559 1,375,918 Total gross loans $ 474,281 $ 697,212 $ 43,194 $ 81,403 $ 80,559 $ 1,376,649 Allowance for loan losses: Loans individually evaluated for impairment $ — $ — $ — $ 142 $ — $ 142 Loans collectively evaluated for impairment 8,552 4,524 681 167 15 13,939 Total allowance for loan losses $ 8,552 $ 4,524 $ 681 $ 309 $ 15 $ 14,081 The following table reflects information related to impaired loans as of March 31, 2022 and December 31, 2021. (Dollars in thousands) Recorded Unpaid Related Average Interest As of March 31, 2022 With no related allowance recorded: SBA $ 57 $ 529 $ — $ 144 $ — With an allowance recorded: SBA $ 492 $ 492 $ 141 $ 495 $ 7 Total: SBA $ 549 $ 1,021 $ 141 $ 639 $ 7 As of December 31, 2021 With no related allowance recorded: SBA $ 232 $ 705 $ — $ 233 $ 14 With an allowance recorded: SBA $ 499 $ 499 $ 142 $ 477 $ 59 Total: SBA $ 731 $ 1,204 $ 142 $ 710 $ 73 The recorded investment in impaired loans in the table above excludes interest receivable and net deferred origination costs due to their immateriality. The following table reflects the changes in, and allocation of, the allowance for credit losses by portfolio segment for the three months ended March 31, 2022 and 2021. (Dollars in thousands) Commercial Real Estate Real Estate SBA Other Total Three months ended March 31, 2022 Beginning balance $ 8,552 $ 4,524 $ 681 $ 309 $ 15 $ 14,081 Provision for loan losses 323 556 102 (26 ) (5 ) 950 Charge-offs — — — — — — Recoveries 1 — — — — 1 Ending balance $ 8,876 $ 5,080 $ 783 $ 283 $ 10 $ 15,032 Three months ended March 31, 2021 Beginning balance $ 8,923 $ 3,877 $ 681 $ 604 $ 26 $ 14,111 Provision for loan losses 142 80 117 (29 ) (10 ) 300 Charge-offs — — — — — — Recoveries 166 — — — — 166 Ending balance $ 9,231 $ 3,957 $ 798 $ 575 $ 16 $ 14,577 Interest forgone on nonaccrual loans totaled $17,000 and $8,000 for the three months ended March 31, 2022 and 2021, respectively. There was no interest recognized on a cash-basis on impaired loans for the three months ended March 31, 2022 and 2021, respectively. Troubled Debt Restructurings At March 31, 2022 and December 31, 2021, the Company had no recorded investments or allocated specific reserves related to loans with terms that had been modified in troubled debt restructurings. The Company had no commitments as of March 31, 2022 and December 31, 2021 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, 2022. 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, 2022.

Borrowing Arrangements

Borrowing Arrangements	3 Months Ended
	Mar. 31, 2022
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, 2022, amounts pledged and available borrowing capacity under such limits were approximately $384.3 million and $309.8 million, respectively. At December 31, 2021, amounts pledged and available borrowing capacity under such limits were approximately $317.8 million and $218.9 million, respectively. In April 2020, the Company secured an additional arrangement with the FRB for a $332.7 million Paycheck Protection Liquidity Facility (PPPLF) two year term borrowing maturing in April 2022 at a fixed rate of 0.35%. As of March 31, 2022 and December 31, 2021, the PPPLF borrowing arrangement had an outstanding balance of $32.2 million and $56.4 million respectively. 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 Company’s credit limit varies according to its total assets and the amount and composition of the loan portfolio pledged as collateral. At March 31, 2022, amounts pledged and available borrowing capacity under such limits were approximately $208.0 million and $162.0 million, respectively. At December 31, 2021, amounts pledged and available borrowing capacity under such limits were approximately $184.1 million and $88.1 million, respectively. In December 2021, the Company secured a FHLB short term borrowing for $50.0 million at a fixed rate of 0.18%. This FHHLB short term borrowing was repaid in full at maturity and therefore had no outstanding balance at March 31, 2022. Under Federal Funds line of credit agreements with several correspondent banks, the Company can borrow up to $113.0 million. There were no borrowings outstanding under these arrangements at March 31, 2022 and December 31, 2021. 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, 2022 and December 31, 2021, no borrowings were outstanding under this line of credit. The Company entered into a three year borrowing arrangement with a correspondent bank on March 20, 2020 for $12.0 million. The note is secured by the Company’s investment in the Bank and has a fixed rate of 3.95%. There were no borrowings outstanding under this arrangement at March 31, 2022 and December 31, 2021. The Company issued $20.0 million in subordinated debt on September 30, 2020. The subordinated debt has a fixed interest rate of 5.00% for the first 5 years ​​​​​​​and a stated maturity of September 30, 2030. After the fifth year, the interest rate changes to a quarterly variable rate equal to then current three-month term SOFR plus 0.488%​​​​​​​. The subordinated debt was recorded net of related issuance costs of $300,000. At March 31, 2022 and December 31, 2021, the balance remained at $20.0 million, net of the remaining unamortized issuance cost. The Company issued an additional $35.0 million in subordinated debt on August 17, 2021. The subordinated debt has a fixed interest rate of 3.50%​​​​​​​ for the first 5 years and a stated maturity of September 1, 2031. After the fifth year, the interest rate changes to a quarterly variable rate equal to then current three-month term SOFR plus 0.286%​​​​​​​. The subordinated debt was recorded net of related issuance costs of $760,000. At March 31, 2022 and December 31, 2021, the balance remained at $35.0 million, net of the remaining unamortized issuance cost.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	5. COMMITMENTS AND CONTINGENT LIABILITIES 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, 2022 and December 31, 2021, the Company had outstanding unfunded commitments for loans of approximately $619.9 million and $620.0 million, respectively. Unfunded loan commitment reserves, included in the allowance for loan losses, totaled $430,000 and $380,000 at March 31, 2022 and December 31, 2021, respectively. The outstanding unfunded commitments for loans at March 31, 2022 was comprised of fixed rate commitments of approximately $40.7 million and variable rate commitments of approximately $579.2 million. The following table reflects the interest rate and maturity ranges for the unfunded fixed rate loan commitments as of March 31, 2022. (Dollars in thousands) Due in Over One Over Total Unfunded fixed rate loan commitments: Interest rate less than or equal to 4.00% $ 20,414 $ 2,959 $ 8,647 $ 32,020 Interest rate between 4.00% and 5.00% 3,611 2,705 1,482 7,798 Interest rate greater than or equal to 5.00% — 905 — 905 Total unfunded fixed rate loan commitments $ 24,025 $ 6,569 $ 10,129 $ 40,723 Operating Leases The Company leases various office premises under long-term operating lease agreements. These leases expire between 2022 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 for the three months ended, and as of, March 31, 2022. (Dollars in thousands) March 31, Operating lease cost (cost resulting from lease payments) $ 497 Operating lease - operating cash flows (fixed payments) $ 621 Operating lease - ROU assets $ 5,959 Operating lease - liabilities $ 7,640 Weighted average lease term - operating leases 2.4 years Weighted average discount rate - operating leases 1.94 % The following table reflects the minimum commitments under these non-cancellable (Dollars in thousands) March 31, 2022 $ 1,820 2023 1,497 2024 1,456 2025 1,500 2026 1,435 Thereafter 357 Total undiscounted cash flows 8,065 Discount on cash flows (425 ) Total lease $ 7,640 Rent expense included in premises and equipment expense totaled $497,000 and $531,000 for the three months ended March 31, 2022 and 2021, respectively. Contingencies The Company is involved in legal proceedings arising from normal business activities. Management, based upon the advice of legal counsel, believes the ultimate resolution of all pending legal actions will not have a material effect on the Company’s financial position or results of operations. 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, 2022, uninsured deposits at financial institutions were approximately $3.1 million. At December 31, 2021, uninsured deposits at financial institutions were approximately $11.0 million.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
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, 2022 and December 31, 2021 are as follows: Carrying Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total As of March 31, 2022 Financial assets: Cash and due from banks $ 224,533 $ 224,533 $ — $ — $ 224,533 Investment securities: Available for sale 53,985 — 53,985 — 53,985 Held to Maturity 117,779 103,385 8,951 112,336 Loans, net 1,387,876 — — 1,373,026 1,373,026 Accrued interest receivable 5,564 — 790 4,774 5,564 Financial liabilities: Deposits $ 1,600,522 $ 1,469,873 $ 130,560 $ — $ 1,600,433 Other borrowings 32,166 — — 32,166 32,166 Subordinated debt 54,063 — — 55,077 55,077 Accrued interest payable 235 — 39 196 235 As of December 31, 2021 Financial assets: Cash and due from banks $ 470,456 $ 470,456 $ — $ — $ 470,456 Investment securities: Available for sale 74,892 — 67,981 6,911 74,892 Held to Maturity 28,386 22,632 5,584 28,216 Loans, net 1,364,256 — 1,353,888 1,353,888 Accrued interest receivable 5,713 — 633 5,080 5,713 Financial liabilities: Deposits $ 1,680,138 $ 1,525,935 $ 154,146 $ — $ 1,680,081 Other borrowings 106,387 — — 106,387 106,387 Subordinated debt 54,028 — — 56,092 56,092 Accrued interest payable 859 — 42 817 859 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. For securities where market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators, resulting in Level 3 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, 2022 and December 31, 2021 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 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. Paycheck Protection Program Liquidity Facility (PPPLF) - The fair value of PPPLF is estimated using a discounted cash flow based on the remaining contractual term and current rates at which similar advances would be obtained 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 in the Level 3 classification. Junior Subordinated Debt Securities - 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 Level 3 classification. 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 as March 31, 2022 and December 31, 2021. (Dollars in thousands) Fair Value Level 1 Level 2 Level 3 As of March 31, 2022 Investments available for sale: Mortgage backed securities $ 23,792 $ — $ 23,792 $ — Government agencies 29,700 — 29,700 — Corporate bonds 493 — 493 — Total assets measured at fair value on a recurring basis $ 53,985 $ — $ 53,985 $ — As of December 31, 2021 Investments available for sale: Mortgage backed securities $ 29,948 $ — $ 29,948 $ — Government agencies 2,993 — 2,993 — Corporate bonds 41,951 — 35,040 6,911 Total assets measured at fair value on a recurring basis $ 74,892 $ — $ 67,981 $ 6,911 The following table reflects the changes in all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2022. (Dollars in thousands) Corporate Balance at December 31, 2021 $ 6,911 Purchases — Transfers into Level 3 — Transfers out of Level 3 (6,911 ) Balance at March 31, 2022 $ — 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, 2022 Impaired loans - SBA $ 549 $ — $ — $ 549 Total assets measured at fair value on a non-recurring $ 549 $ — $ — $ 549 As of December 31, 2021 Impaired loans - SBA $ 731 $ — $ — $ 731 Total assets measured at fair value on a non-recurring $ 731 $ — $ — $ 731 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 charge-off

Nature of Operations (Tables)

Nature of Operations (Tables)	3 Months Ended
	Mar. 31, 2022
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) 2022 2021 Net income available to common shareholders $ 3,673 $ 2,809 Weighted average basic common shares outstanding 8,276,761 8,179,667 Add: dilutive potential common shares 116,041 62,800 Weighted average diluted common shares outstanding 8,392,802 8,242,467 Basic earnings per share $ 0.44 $ 0.34 Diluted earnings per share $ 0.44 $ 0.34

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2022
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, 2022 and December 31, 2021. (Dollars in thousands) Amortized Gross Gross Estimated At March 31, 2022: Mortgage backed securities $ 23,981 $ 91 $ (280 ) $ 23,792 Government agencies 29,730 25 (55 ) 29,700 Corporate bonds 427 66 — 493 Total available for sale securities $ 54,138 $ 182 $ (335 ) $ 53,985 Mortgage backed securities $ 71,857 $ — $ (3,826 ) $ 68,031 Government agencies 3,091 — (352 ) 2,739 Corporate bonds 42,831 150 (1,415 ) 41,566 Total held to maturity securities $ 117,779 $ 150 $ (5,593 ) $ 112,336 At December 31, 2021: Mortgage backed securities $ 29,943 $ 325 $ (320 ) $ 29,948 Government agencies 3,093 — (100 ) 2,993 Corporate bonds 41,725 694 (468 ) 41,951 Total available for sale securities $ 74,761 $ 1,019 $ (888 ) $ 74,892 Mortgage backed securities $ 22,772 $ — $ (140 ) $ 22,632 Government agencies — — — — Corporate bonds 5,614 — (30 ) 5,584 Total held to maturity securities $ 28,386 $ — $ (170 ) $ 28,216
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, 2022 and December 31, 2021 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, 2022: Mortgage backed securities $ 12,890 $ (280 ) $ — $ — $ 12,890 $ (280 ) Government agencies 9,830 (55 ) — — 9,830 (55 ) Corporate bonds — — — — — — Total available for sale securities $ 22,720 $ (335 ) $ — $ — $ 22,720 $ (335 ) Mortgage backed securities $ 62,356 $ (3,140 ) $ 5,675 $ (686 ) $ 68,031 $ (3,826 ) Government agencies 2,739 (352 ) — — 2,739 (352 ) Corporate bonds 25,409 (746 ) 6,331 (669 ) 31,740 (1,415 ) Total held to maturity securities $ 90,504 $ (4,238 ) $ 12,006 $ (1,355 ) $ 102,510 $ (5,593 ) At December 31, 2021: Mortgage backed securities $ 14,302 $ (320 ) $ — $ — $ 14,302 $ (320 ) Government agencies 2,993 (100 ) — — 2,993 (100 ) Corporate bonds 15,233 (200 ) 4,732 (268 ) 19,965 (468 ) Total available for sale securities $ 32,528 $ (620 ) $ 4,732 $ (268 ) $ 37,260 $ (888 ) Mortgage backed securities $ 22,632 $ (140 ) $ — $ — $ 22,632 $ (140 ) Government agencies 5,584 (30 ) — — 5,584 (30 ) Corporate bonds — — — — — — Total held to maturity securities $ 28,216 $ (170 ) $ — $ — $ 28,216 $ (170 )
Summary of maturities available for sale investment securities	The following table summarizes the scheduled maturities of the Company’s investment securities as of March 31, 2022. Available for Sale Held to Maturity (Dollars in thousands) Amortized Fair Amortized Fair Value Less that one year $ — $ — $ — $ — One to five years 41,806 41,687 23,701 23,371 Five to ten years — — 30,349 29,560 Beyond ten years 427 493 22,374 20,806 Securities not due at a single maturity date 11,905 11,805 41,355 38,599 Total investment securities $ 54,138 $ 53,985 $ 117,779 $ 112,336

Loans and Allowance For Credi_2

Loans and Allowance For Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2022
Loans and Leases Receivable Disclosure [Line Items]
Summary of Outstanding Loans	Outstanding loans as of March 31, 2022 and December 31, 2021 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 $ 522,808 474,281 Real estate - other 741,651 697,212 Real estate - construction and land 51,204 43,194 SBA 44,040 81,403 Other 40,771 80,559 Total loans, gross 1,400,474 1,376,649 Deferred loan origination costs, net 2,434 1,688 Allowance for credit losses (15,032 ) (14,081 ) Total loans, net $ 1,387,876 1,364,256
Loans Receivable [Member]
Loans and Leases Receivable Disclosure [Line Items]
Summary of Financing Receivable and Related Impairment Methodology	The following table reflects the impairment methodology applied to gross loans by portfolio segment and the related allowance for credit losses as of March 31, 2022 and December 31, 2021. (Dollars in thousands) Commercial Real Estate Real Estate SBA Other Total As of March 31, 2022 Gross loans: Loans individually evaluated for impairment $ — $ — $ — $ 549 $ — $ 549 Loans collectively evaluated for impairment 522,808 741,651 51,204 43,491 40,771 1,399,925 Total gross loans $ 522,808 $ 741,651 $ 51,204 $ 44,040 $ 40,771 $ 1,400,474 Allowance for loan losses: Loans individually evaluated for impairment $ — $ — $ — $ 141 $ — $ 141 Loans collectively evaluated for impairment 8,876 5,080 783 142 10 14,891 Total allowance for loan losses $ 8,876 $ 5,080 $ 783 $ 283 $ 10 $ 15,032 As of December 31, 2021 Gross loans: Loans individually evaluated for impairment $ — $ — $ — $ 731 $ — $ 731 Loans collectively evaluated for impairment 474,281 697,212 43,194 80,672 80,559 1,375,918 Total gross loans $ 474,281 $ 697,212 $ 43,194 $ 81,403 $ 80,559 $ 1,376,649 Allowance for loan losses: Loans individually evaluated for impairment $ — $ — $ — $ 142 $ — $ 142 Loans collectively evaluated for impairment 8,552 4,524 681 167 15 13,939 Total allowance for loan losses $ 8,552 $ 4,524 $ 681 $ 309 $ 15 $ 14,081
Summary of Allowance for Loan Losses	The following table reflects the changes in, and allocation of, the allowance for credit losses by portfolio segment for the three months ended March 31, 2022 and 2021. (Dollars in thousands) Commercial Real Estate Real Estate SBA Other Total Three months ended March 31, 2022 Beginning balance $ 8,552 $ 4,524 $ 681 $ 309 $ 15 $ 14,081 Provision for loan losses 323 556 102 (26 ) (5 ) 950 Charge-offs — — — — — — Recoveries 1 — — — — 1 Ending balance $ 8,876 $ 5,080 $ 783 $ 283 $ 10 $ 15,032 Three months ended March 31, 2021 Beginning balance $ 8,923 $ 3,877 $ 681 $ 604 $ 26 $ 14,111 Provision for loan losses 142 80 117 (29 ) (10 ) 300 Charge-offs — — — — — — Recoveries 166 — — — — 166 Ending balance $ 9,231 $ 3,957 $ 798 $ 575 $ 16 $ 14,577
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, 2022 and December 31, 2021. (Dollars in thousands) Commercial Real Estate Real Estate SBA Other Total As of March 31, 2022 Grade: Pass $ 501,659 $ 735,377 $ 47,105 $ 42,421 $ 40,771 $ 1,367,333 Special Mention 17,163 1,578 1,268 893 — 20,902 Substandard 3,986 4,696 2,831 726 — 12,239 Total $ 522,808 $ 741,651 $ 51,204 $ 44,040 $ 40,771 $ 1,400,474 As of December 31, 2021 Grade: Pass $ 450,913 $ 690,916 $ 39,074 $ 79,379 $ 80,559 $ 1,340,841 Special Mention 20,904 1,583 1,278 1,111 — 24,876 Substandard 2,464 4,713 2,842 913 — 10,932 Total $ 474,281 $ 697,212 $ 43,194 $ 81,403 $ 80,559 $ 1,376,649
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, 2022 and December 31, 2021. (Dollars in thousands) 30 Days 60 Days 90+ Days Non-Accrual Current Total As of March 31, 2022 Commercial and industrial $ 400 $ — $ 193 $ — $ 522,215 $ 522,808 Real estate - other 322 — — — 741,329 741,651 Real estate - construction and land — — — — 51,204 51,204 SBA — — — 549 43,491 44,040 Other — — — — 40,771 40,771 Total loans, gross $ 722 $ — $ 193 $ 549 $ 1,399,010 $ 1,400,474 As of December 31, 2021 Commercial and industrial $ — $ 2,597 $ — $ — $ 471,684 $ 474,281 Real estate - other — — — — 697,212 697,212 Real estate - construction and land — — — — 43,194 43,194 SBA — — — 232 81,171 81,403 Other — — — — 80,559 80,559 Total loans, gross $ — $ 2,597 $ — $ 232 $ 1,373,820 $ 1,376,649
Summary of Information Related to Impaired Loans	The following table reflects information related to impaired loans as of March 31, 2022 and December 31, 2021. (Dollars in thousands) Recorded Unpaid Related Average Interest As of March 31, 2022 With no related allowance recorded: SBA $ 57 $ 529 $ — $ 144 $ — With an allowance recorded: SBA $ 492 $ 492 $ 141 $ 495 $ 7 Total: SBA $ 549 $ 1,021 $ 141 $ 639 $ 7 As of December 31, 2021 With no related allowance recorded: SBA $ 232 $ 705 $ — $ 233 $ 14 With an allowance recorded: SBA $ 499 $ 499 $ 142 $ 477 $ 59 Total: SBA $ 731 $ 1,204 $ 142 $ 710 $ 73

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Summary of Unfunded Fixed Rate Loan Commitments	(Dollars in thousands) Due in Over One Over Total Unfunded fixed rate loan commitments: Interest rate less than or equal to 4.00% $ 20,414 $ 2,959 $ 8,647 $ 32,020 Interest rate between 4.00% and 5.00% 3,611 2,705 1,482 7,798 Interest rate greater than or equal to 5.00% — 905 — 905 Total unfunded fixed rate loan commitments $ 24,025 $ 6,569 $ 10,129 $ 40,723
Summary of Quantitative Information About Operating Leases	The following table reflects the quantitative information for the Company’s leases for the three months ended, and as of, March 31, 2022. (Dollars in thousands) March 31, Operating lease cost (cost resulting from lease payments) $ 497 Operating lease - operating cash flows (fixed payments) $ 621 Operating lease - ROU assets $ 5,959 Operating lease - liabilities $ 7,640 Weighted average lease term - operating leases 2.4 years Weighted average discount rate - operating leases 1.94 %
Summary of Lessee, Operating Lease	The following table reflects the minimum commitments under these non-cancellable (Dollars in thousands) March 31, 2022 $ 1,820 2023 1,497 2024 1,456 2025 1,500 2026 1,435 Thereafter 357 Total undiscounted cash flows 8,065 Discount on cash flows (425 ) Total lease $ 7,640

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2022
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, 2022 and December 31, 2021 are as follows: Carrying Fair Value Measurements (Dollars in thousands) Level 1 Level 2 Level 3 Total As of March 31, 2022 Financial assets: Cash and due from banks $ 224,533 $ 224,533 $ — $ — $ 224,533 Investment securities: Available for sale 53,985 — 53,985 — 53,985 Held to Maturity 117,779 103,385 8,951 112,336 Loans, net 1,387,876 — — 1,373,026 1,373,026 Accrued interest receivable 5,564 — 790 4,774 5,564 Financial liabilities: Deposits $ 1,600,522 $ 1,469,873 $ 130,560 $ — $ 1,600,433 Other borrowings 32,166 — — 32,166 32,166 Subordinated debt 54,063 — — 55,077 55,077 Accrued interest payable 235 — 39 196 235 As of December 31, 2021 Financial assets: Cash and due from banks $ 470,456 $ 470,456 $ — $ — $ 470,456 Investment securities: Available for sale 74,892 — 67,981 6,911 74,892 Held to Maturity 28,386 22,632 5,584 28,216 Loans, net 1,364,256 — 1,353,888 1,353,888 Accrued interest receivable 5,713 — 633 5,080 5,713 Financial liabilities: Deposits $ 1,680,138 $ 1,525,935 $ 154,146 $ — $ 1,680,081 Other borrowings 106,387 — — 106,387 106,387 Subordinated debt 54,028 — — 56,092 56,092 Accrued interest payable 859 — 42 817 859
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 as March 31, 2022 and December 31, 2021. (Dollars in thousands) Fair Value Level 1 Level 2 Level 3 As of March 31, 2022 Investments available for sale: Mortgage backed securities $ 23,792 $ — $ 23,792 $ — Government agencies 29,700 — 29,700 — Corporate bonds 493 — 493 — Total assets measured at fair value on a recurring basis $ 53,985 $ — $ 53,985 $ — As of December 31, 2021 Investments available for sale: Mortgage backed securities $ 29,948 $ — $ 29,948 $ — Government agencies 2,993 — 2,993 — Corporate bonds 41,951 — 35,040 6,911 Total assets measured at fair value on a recurring basis $ 74,892 $ — $ 67,981 $ 6,911
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, 2022 Impaired loans - SBA $ 549 $ — $ — $ 549 Total assets measured at fair value on a non-recurring $ 549 $ — $ — $ 549 As of December 31, 2021 Impaired loans - SBA $ 731 $ — $ — $ 731 Total assets measured at fair value on a non-recurring $ 731 $ — $ — $ 731
Summary of asset measured at fair value on recurring basis	The following table reflects the changes in all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2022. (Dollars in thousands) Corporate Balance at December 31, 2021 $ 6,911 Purchases — Transfers into Level 3 — Transfers out of Level 3 (6,911 ) Balance at March 31, 2022 $ —

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, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Net income available to common shareholders	$ 3,673	$ 2,809
Weighted average basic common shares outstanding	8,276,761	8,179,667
Add: dilutive potential common shares	116,041	62,800
Weighted average diluted common shares outstanding	8,392,802	8,242,467
Basic earnings per share	$ 0.44	$ 0.34
Diluted earnings per share	$ 0.44	$ 0.34

Investment Securities - Summary

Investment Securities - Summary Of The Amortized Cost And Estimated Fair Value Of Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 54,138	$ 74,761
Gross Unrealized / Unrecognized Gains	182	1,019
Gross Unrealized / Unrecognized Losses	(335)	(888)
Estimated fair value	53,985	74,892
Amortized cost	117,779	28,386
Gross Unrealized / Unrecognized Gains	150	0
Gross Unrealized / Unrecognized Losses	(5,593)	(170)
Estimated fair value	112,336	28,216
Corporate bonds [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized cost	427	41,725
Gross Unrealized / Unrecognized Gains	66	694
Gross Unrealized / Unrecognized Losses	0	(468)
Estimated fair value	493	41,951
Amortized cost	42,831	5,614
Gross Unrealized / Unrecognized Gains	150	0
Gross Unrealized / Unrecognized Losses	(1,415)	(30)
Estimated fair value	41,566	5,584
Mortgage backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized cost	23,981	29,943
Gross Unrealized / Unrecognized Gains	91	325
Gross Unrealized / Unrecognized Losses	(280)	(320)
Estimated fair value	23,792	29,948
Amortized cost	71,857	22,772
Gross Unrealized / Unrecognized Gains	0	0
Gross Unrealized / Unrecognized Losses	(3,826)	(140)
Estimated fair value	68,031	22,632
Government agencies [Member]
Debt Securities, Available-for-sale [Line Items]
Amortized cost	29,730	3,093
Gross Unrealized / Unrecognized Gains	25	0
Gross Unrealized / Unrecognized Losses	(55)	(100)
Estimated fair value	29,700	2,993
Amortized cost	3,091	0
Gross Unrealized / Unrecognized Gains	0	0
Gross Unrealized / Unrecognized Losses	(352)	0
Estimated fair value	$ 2,739	$ 0

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, 2022	Dec. 31, 2021
Investments Debt And Equity Securities [Line Items]
Less than 12 months fair value	$ 22,720	$ 32,528
Less than 12 months unrealized losses	(335)	(620)
12 months or longer fair value		4,732
12 months or longer unrealized losses		(268)
Fair value	22,720	37,260
Unrealized losses	(335)	(888)
Less than 12 months fair value of held to maturity	90,504	28,216
Less than 12 months unrealized losses of held to maturity	(4,238)	(170)
12 months or longer fair value of held to maturity	12,006
12 months or longer unrealized losses of held to maturity	(1,355)
Fair value of held to maturity	102,510	28,216
Unrealized losses of held to maturity	(5,593)	(170)
Mortgage backed securities [Member]
Investments Debt And Equity Securities [Line Items]
Less than 12 months fair value	12,890	14,302
Less than 12 months unrealized losses	(280)	(320)
Fair value	12,890	14,302
Unrealized losses	(280)	(320)
Less than 12 months fair value of held to maturity	62,356	22,632
Less than 12 months unrealized losses of held to maturity	(3,140)	(140)
12 months or longer fair value of held to maturity	5,675
12 months or longer unrealized losses of held to maturity	(686)
Fair value of held to maturity	68,031	22,632
Unrealized losses of held to maturity	(3,826)	(140)
Government agencies [Member]
Investments Debt And Equity Securities [Line Items]
Less than 12 months fair value	9,830	2,993
Less than 12 months unrealized losses	(55)	(100)
Fair value	9,830	2,993
Unrealized losses	(55)	(100)
Less than 12 months fair value of held to maturity	2,739	5,584
Less than 12 months unrealized losses of held to maturity	(352)	(30)
Fair value of held to maturity	2,739	5,584
Unrealized losses of held to maturity	(352)	(30)
Corporate bonds [Member]
Investments Debt And Equity Securities [Line Items]
Less than 12 months fair value		15,233
Less than 12 months unrealized losses		(200)
12 months or longer fair value		4,732
12 months or longer unrealized losses		(268)
Fair value		19,965
Unrealized losses		$ (468)
Less than 12 months fair value of held to maturity	25,409
Less than 12 months unrealized losses of held to maturity	(746)
12 months or longer fair value of held to maturity	6,331
12 months or longer unrealized losses of held to maturity	(669)
Fair value of held to maturity	31,740
Unrealized losses of held to maturity	$ (1,415)

Investment Securities - Summa_3

Investment Securities - Summary of Maturities Available for Sale Investment Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Amortized Cost Available for sale securities:
Less that one year	$ 0
One to five years	41,806
Five to ten years	0
Beyond ten years	427
Securities not due at a single maturity date	11,905
Total investment securities	54,138	$ 74,761
Fair Value Available for sale securities:
Less that one year	0
One to five years	41,687
Five to ten years	0
Beyond ten years	493
Securities not due at a single maturity date	11,805
Total investment securities	53,985	74,892
Amortized Cost Held to Maturity
Less that one year	0
One to five years	23,701
Five to ten years	30,349
Beyond ten years	22,374
Securities not due at a single maturity date	41,355
Total investment securities	117,779
Fair Value Held to Maturity
Less that one year	0
One to five years	23,371
Five to ten years	29,560
Beyond ten years	20,806
Securities not due at a single maturity date	38,599
Total investment securities	$ 112,336	$ 28,216

Investment Securities - Additio

Investment Securities - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2022USD ($)Securities	Mar. 31, 2021USD ($)Securities	Dec. 31, 2021USD ($)Securities
Investments Debt And Equity Securities [Line Items]
Number of securities held in portfolio | Securities	60		44
Number of available for sale securities in unrealized loss positions | Securities	0	0
Net unrealized gains on available for sale investment securities	$ 153,000		$ 131,000
Payments to acquire securities	34,200,000	$ 7,200,000
Acquire a held to maturity securities	40,800,000	$ 0
Held to maturity	117,779,000		28,386,000
Other comprehensive income loss available for sale securities adjustment before reclassification adjustments and tax	$ 281,000
Mortgage Backed Securities And Government Agencies [Member]
Investments Debt And Equity Securities [Line Items]
Held to maturity			$ 49,900,000

Loans and Allowance For Credi_3

Loans and Allowance For Credit Losses - Summary of Outstanding Loans (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	$ 1,400,474	$ 1,376,649
Deferred loan origination costs, net	2,434	1,688
Allowance for credit losses	(15,032)	(14,081)	$ (14,577)	$ (14,111)
Total loans, net	1,387,876	1,364,256
Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	522,808	474,281
Allowance for credit losses	(8,876)	(8,552)	(9,231)	(8,923)
Real estate—other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	741,651	697,212
Real estate - construction and land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	51,204	43,194
Allowance for credit losses	(783)	(681)	(798)	(681)
SBA [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	44,040	81,403
Allowance for credit losses	(283)	(309)	(575)	(604)
Other Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans and Leases Receivable Gross	40,771	80,559
Allowance for credit losses	$ (10)	$ (15)	$ (16)	$ (26)

Loans and Allowance For Credi_4

Loans and Allowance For Credit Losses - Summary of Loan Portfolio Allocated by Management's Internal Risk Ratings (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	$ 1,400,474	$ 1,376,649
Commercial And Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	522,808	474,281
Real estate - construction and land [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	51,204	43,194
SBA [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	44,040	81,403
Other Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	40,771	80,559
Loans Receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	1,400,474	1,376,649
Loans Receivable [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	1,367,333	1,340,841
Loans Receivable [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	20,902	24,876
Loans Receivable [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	12,239	10,932
Loans Receivable [Member] | Commercial And Industrial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	522,808	474,281
Loans Receivable [Member] | Commercial And Industrial [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	501,659	450,913
Loans Receivable [Member] | Commercial And Industrial [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	17,163	20,904
Loans Receivable [Member] | Commercial And Industrial [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	3,986	2,464
Loans Receivable [Member] | Real estate - other [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	741,651	697,212
Loans Receivable [Member] | Real estate - other [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	735,377	690,916
Loans Receivable [Member] | Real estate - other [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	1,578	1,583
Loans Receivable [Member] | Real estate - other [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	4,696	4,713
Loans Receivable [Member] | Real estate - construction and land [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	51,204	43,194
Loans Receivable [Member] | Real estate - construction and land [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	47,105	39,074
Loans Receivable [Member] | Real estate - construction and land [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	1,268	1,278
Loans Receivable [Member] | Real estate - construction and land [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	2,831	2,842
Loans Receivable [Member] | SBA [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	44,040	81,403
Loans Receivable [Member] | SBA [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	42,421	79,379
Loans Receivable [Member] | SBA [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	893	1,111
Loans Receivable [Member] | SBA [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	726	913
Loans Receivable [Member] | Other Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	40,771	80,559
Loans Receivable [Member] | Other Loans [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Credit Exposure	$ 40,771	$ 80,559

Loans and Allowance For Credi_5

Loans and Allowance For Credit Losses - Summary of Aging Analysis of the Loan Portfolio by the Time Past Due (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Total	$ 1,400,474	$ 1,376,649
Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Total	522,808	474,281
Real Estate - Construction & Land [Member]
Financing Receivable, Past Due [Line Items]
Total	51,204	43,194
SBA [Member]
Financing Receivable, Past Due [Line Items]
Total	44,040	81,403
Other Loans [Member]
Financing Receivable, Past Due [Line Items]
Total	40,771	80,559
Loans Receivable [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	549	232
Current	1,399,010	1,373,820
Total	1,400,474	1,376,649
Loans Receivable [Member] | Over 30 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Current	722
Loans Receivable [Member] | Over 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Current		2,597
Loans Receivable [Member] | Over 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Current	193
Loans Receivable [Member] | Commercial And Industrial [Member]
Financing Receivable, Past Due [Line Items]
Current	522,215	471,684
Total	522,808	474,281
Loans Receivable [Member] | Commercial And Industrial [Member] | Over 30 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Current	400
Loans Receivable [Member] | Commercial And Industrial [Member] | Over 60 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Current		2,597
Loans Receivable [Member] | Commercial And Industrial [Member] | Over 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Current	193
Loans Receivable [Member] | Real Estate - Other [Member]
Financing Receivable, Past Due [Line Items]
Current	741,329	697,212
Total	741,651	697,212
Loans Receivable [Member] | Real Estate - Other [Member] | Over 30 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Current	322
Loans Receivable [Member] | Real Estate - Construction & Land [Member]
Financing Receivable, Past Due [Line Items]
Current	51,204	43,194
Total	51,204	43,194
Loans Receivable [Member] | SBA [Member]
Financing Receivable, Past Due [Line Items]
Nonaccrual	549	232
Current	43,491	81,171
Total	44,040	81,403
Loans Receivable [Member] | Other Loans [Member]
Financing Receivable, Past Due [Line Items]
Current	40,771	80,559
Total	$ 40,771	$ 80,559

Loans and Allowance For Credi_6

Loans and Allowance For Credit Losses - Summary of Financing Receivable and Related Impairment Methodology (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	$ 1,400,474	$ 1,376,649
Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	522,808	474,281
Real estate - construction and land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	51,204	43,194
SBA [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	44,040	81,403
Other Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	40,771	80,559
Loans Receivable [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment	549	731
Loans collectively evaluated for impairment	1,399,925	1,375,918
Total gross loans	1,400,474	1,376,649
Loans individually evaluated for impairment	141	142
Loans collectively evaluated for impairment	14,891	13,939
Total allowance for loan losses	15,032	14,081
Loans Receivable [Member] | Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	522,808	474,281
Total gross loans	522,808	474,281
Loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	8,876	8,552
Total allowance for loan losses	8,876	8,552
Loans Receivable [Member] | Real estate - other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment	0
Loans collectively evaluated for impairment	741,651	697,212
Total gross loans	741,651	697,212
Loans collectively evaluated for impairment	5,080	4,524
Total allowance for loan losses	5,080	4,524
Loans Receivable [Member] | Real estate - construction and land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans collectively evaluated for impairment	51,204	43,194
Total gross loans	51,204	43,194
Loans collectively evaluated for impairment	783	681
Total allowance for loan losses	783	681
Loans Receivable [Member] | SBA [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans individually evaluated for impairment	549	731
Loans collectively evaluated for impairment	43,491	80,672
Total gross loans	44,040	81,403
Loans individually evaluated for impairment	141	142
Loans collectively evaluated for impairment	142	167
Total allowance for loan losses	283	309
Loans Receivable [Member] | Other Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans collectively evaluated for impairment	40,771	80,559
Total gross loans	40,771	80,559
Loans collectively evaluated for impairment	10	15
Total allowance for loan losses	$ 10	$ 15

Loans and Allowance For Credi_7

Loans and Allowance For Credit Losses - Summary of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	$ 14,081	$ 14,111
Provision for loan losses	950	300
Charge-offs	0	0
Recoveries	1	166
Ending balance	15,032	14,577
Commercial And Industrial [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	8,552	8,923
Provision for loan losses	323	142
Charge-offs		0
Recoveries	1	166
Ending balance	8,876	9,231
Real Estate, Other [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	4,524	3,877
Provision for loan losses	556	80
Ending balance	5,080	3,957
Real Estate Construction And Land [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	681	681
Provision for loan losses	102	117
Ending balance	783	798
SBA [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	309	604
Provision for loan losses	(26)	(29)
Charge-offs	0	0
Ending balance	283	575
Other Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Beginning balance	15	26
Provision for loan losses	(5)	(10)
Ending balance	$ 10	$ 16

Loans and Allowance For Credi_8

Loans and Allowance For Credit Losses - Summary of Information Related to Impaired Loans (Detail) - Loans Receivable [Member] - SBA [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Recorded Investment With no related allowance	$ 57	$ 232
Unpaid Principal Balance With no related allowance	529	705
Average Recorded Investment With no related allowance	144	233
Interest Income Recognized With no related allowance	0	14
Recorded Investment With an allowance	492	499
Unpaid Principal Balance With an allowance	492	499
Related Allowance	141	142
Average Recorded Investment With an allowance	495	477
Interest Income Recognized With an allowance	7	59
Recorded Investment	549	731
Unpaid Principal Balance	1,021	1,204
Average Recorded Investment	639	710
Interest Income Recognized	$ 7	$ 73

Loans and Allowance For Credi_9

Loans and Allowance For Credit Losses - Additional Information (Detail)	3 Months Ended		12 Months Ended
	Mar. 31, 2022USD ($)Loans	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)Loans	Jan. 31, 2021USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest forgone on nonaccrual loans	$ 17,000	$ 8,000
Financing Receivable, Troubled Debt Restructuring	$ 0		$ 0
Financing Receivable, Modifications, Number of Contracts | Loans	0		0
Increase Decrease In Allowance For Loan And Lease Losses	$ 0
Loans funded	1,400,474,000		$ 1,376,649,000
SBA Payment Protection Program [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans funded	491,200,000
Loan for granted forgiveness				$ 454,400,000
Loan Outstanding	$ 36,900,000		$ 72,500,000

Borrowing Arrangements - Additi

Borrowing Arrangements - Additional Information (Detail) - USD ($)	Aug. 17, 2021	Apr. 30, 2020	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2020
Short-term Debt [Line Items]
FHLB Advance, Collateral Pledged			$ 208,000,000	$ 184,100,000
FHLB Advance, Available Borrowing Capacity			162,000,000	$ 88,100,000
FHLB Advance, Amount Of Advances			0
FHLB Advance, Interest Rate				0.18%
Junior Subordinated debt securities			$ 54,063,000	$ 54,028,000
Advances from federal home loan banks				50,000,000
Junior Subordinated Debt [Member]
Short-term Debt [Line Items]
Debt Instrument, IssuanceDate			Sep. 30, 2020
Debt Instrument, Interest Rate Terms			The subordinated debt has a fixed interest rate of 5.00% for the first 5 years
SOFR [Member] | Junior Subordinated Debt [Member]
Short-term Debt [Line Items]
Debt Instrument, Variable Interest Rate Basis			variable rate equal to then current three-month term SOFR plus 0.488%
Debt Instrument, Variable Rate			0.488%
Debt Instrument, Face Amount					$ 20,000,000
Debt Instrument, Fixed Interest Rate					5.00%
Related issuance costs			$ 300,000
Junior Subordinated debt securities			20,000,000	20,000,000
SOFR [Member] | Additional Junior Subordinated Debt [Member]
Short-term Debt [Line Items]
Debt Instrument, Variable Interest Rate Basis	variable rate equal to then current three-month term SOFR plus 0.286%
Debt Instrument, Variable Rate	3.50%
Debt Instrument, Face Amount	$ 35,000,000
Debt Instrument, Interest Rate Terms	The subordinated debt has a fixed interest rate of 3.50%
Related issuance costs	$ 760,000
Junior Subordinated debt securities			35,000,000	35,000,000
Debt Instrument, Maturity Date	Sep. 1, 2031
Correspondent Banks [Member]
Short-term Debt [Line Items]
Borrowings outstanding			0	0
Line Of Credit Maximum Borrowing Capacity			113,000,000
Secured Debt [Member]
Short-term Debt [Line Items]
Borrowings outstanding			0	0
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			$ 384,300,000	317,800,000
Line Of Credit Available Borrowing Capacity			309,800,000	218,900,000
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%
Debt Instrument, Variable Rate			0.40%
Paycheck Protection Liquidity Facility [Member]
Short-term Debt [Line Items]
Borrowings outstanding			$ 32,200,000	$ 56,400,000
Line Of Credit Maximum Borrowing Capacity		$ 332,700,000
Line of Credit Facility, Expiration Period		2 years
Line Of Credit, Fixed Interest Rate		0.35%

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Percentage Of Commercial And industrial Loans to Total Loans
Cash Deposit FDIC Insurance Limit	$ 250,000
Uninsured deposits at financial institutions	3,100,000		$ 11,000,000
Commitments for loans	619,900,000		620,000,000
Reserve for unfunded loan commitments	430,000,000		$ 380,000,000
Rent and equipment expense	497,000	$ 531,000
Outstanding unfunded commitments for loans fixed rate of interest amount	40,723,000
Outstanding unfunded commitments for loans fixed rate of interest amount	$ 579,200,000

Commitments and Contingent Li_4

Commitments and Contingent Liabilities - Summary of Unfunded Fixed Rate Loan Commitments (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Due in One Year Or Less	$ 24,025
Over One Year But Less Than Five Years	6,569
Over Five Years	10,129
Total	40,723
Interest rate less than or equal to 4.00%
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Due in One Year Or Less	20,414
Over One Year But Less Than Five Years	2,959
Over Five Years	8,647
Total	32,020
Interest rate between 4.00% and 5.00%
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Due in One Year Or Less	3,611
Over One Year But Less Than Five Years	2,705
Over Five Years	1,482
Total	7,798
Interest rate greater than or equal to 5.00%
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Due in One Year Or Less	0
Over One Year But Less Than Five Years	905
Over Five Years	0
Total	$ 905

Commitments and Contingent Li_5

Commitments and Contingent Liabilities - Summary of Unfunded Fixed Rate Loan Commitments (Details) (Parenthetical)	Mar. 31, 2022
Interest rate less than or equal to 4.00%
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Loan receivable unfunded commitements fixed rate of interest percentage	4.00%
Interest rate greater than or equal to 5.00%
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Loan receivable unfunded commitements fixed rate of interest percentage	5.00%
Maximum [Member] | Interest rate between 4.00% and 5.00%
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Loan receivable unfunded commitements fixed rate of interest percentage	5.00%
Minimum [Member] | Interest rate between 4.00% and 5.00%
Schedule Of Disclosure Of Unfunded Fixed Rate Loan Commitments [Line Items]
Loan receivable unfunded commitements fixed rate of interest percentage	4.00%

Commitments and Contingent Li_6

Commitments and Contingent Liabilities - Summary of Quantitative Information for the Company's Leases (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Operating lease cost (cost resulting from lease payments)	$ 497
Operating lease - operating cash flows (fixed payments)	621
Operating lease - ROU assets	5,959
Operating lease - liabilities	$ 7,640
Weighted average lease term - operating leases	2 years 4 months 24 days
Weighted average discount rate - operating leases	1.94%
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Interest Receivable and Other Assets
Other Liabilities [Member]
Operating lease - liabilities	$ 7,640

Commitments and Contingent Li_7

Commitments and Contingent Liabilities - Summary of Operating Lease (Detail) $ in Thousands	Mar. 31, 2022USD ($)
2022	$ 1,820
2023	1,497
2024	1,456
2025	1,500
2026	1,435
Thereafter	357
Total undiscounted cash flows	8,065
Discount on cash flows	(425)
Total lease liability	$ 7,640
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Total lease liability

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financial assets
Cash and due from banks	$ 224,533	$ 470,456
Available for sale	53,985	74,892
Held to maturity	112,336	28,216
Loans, net	1,373,026	1,353,888
Accrued interest receivable	5,564	5,713
Financial liabilities
Deposits	1,600,433	1,680,081
Other borrowings	32,166	106,387
Subordinated debt	55,077	56,092
Accrued interest payable	235	859
Carrying Amount [Member]
Financial assets
Cash and due from banks	224,533	470,456
Available for sale	53,985	74,892
Held to maturity	117,779	28,386
Loans, net	1,387,876	1,364,256
Accrued interest receivable	5,564	5,713
Financial liabilities
Deposits	1,600,522	1,680,138
Other borrowings	32,166	106,387
Subordinated debt	54,063	54,028
Accrued interest payable	235	859
Level 1 [Member]
Financial assets
Cash and due from banks	224,533	470,456
Financial liabilities
Deposits	1,469,873	1,525,935
Level 2 [Member]
Financial assets
Available for sale	53,985	67,981
Held to maturity	103,385	22,632
Accrued interest receivable	790	633
Financial liabilities
Deposits	130,560	154,146
Accrued interest payable	39	42
Level 3 [Member]
Financial assets
Available for sale		6,911
Held to maturity	8,951	5,584
Loans, net	1,373,026	1,353,888
Accrued interest receivable	4,774	5,080
Financial liabilities
Other borrowings	32,166	106,387
Subordinated debt	55,077	56,092
Accrued interest payable	$ 196	$ 817

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, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	$ 53,985	$ 74,892
Mortgage backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	23,792	29,948
Government agencies [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	29,700	2,993
Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	493	41,951
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	53,985	67,981
Level 2 [Member] | Mortgage backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis	23,792	29,948
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	29,700	2,993
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	$ 493	35,040
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis		6,911
Level 3 [Member] | Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a recurring basis		$ 6,911

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Asset Measured at Fair Value On Recurring Basis (Details) - Fair Value, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 6,911
Purchases	0
Transfers into Level 3	0
Transfers out of Level 3	(6,911)
Ending balance	$ 0

Fair Value Measurements - Sum_4

Fair Value Measurements - Summary of Impaired Loans Measured at Fair Value on a Non-Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	$ 549	$ 731
Carrying Amount [Member] | SBA [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	549	731
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	549	731
Level 3 [Member] | SBA [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value on a nonrecurring basis	$ 549	$ 731