Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Mar. 31, 2023 | May 12, 2023 | |
Document Information Line Items | ||
Entity Registrant Name | TECTONIC FINANCIAL, INC. | |
Trading Symbol | TECTP | |
Document Type | 10-Q | |
Current Fiscal Year End Date | --12-31 | |
Entity Common Stock, Shares Outstanding | 7,068,884 | |
Amendment Flag | false | |
Entity Central Index Key | 0001766526 | |
Entity Current Reporting Status | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Document Period End Date | Mar. 31, 2023 | |
Document Fiscal Year Focus | 2023 | |
Document Fiscal Period Focus | Q1 | |
Entity Small Business | true | |
Entity Emerging Growth Company | true | |
Entity Shell Company | false | |
Entity Ex Transition Period | true | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Entity File Number | 001-38910 | |
Entity Incorporation, State or Country Code | TX | |
Entity Tax Identification Number | 82-0764846 | |
Entity Address, Address Line One | 16200 Dallas Parkway, Suite 190 | |
Entity Address, City or Town | Dallas | |
Entity Address, State or Province | TX | |
Entity Address, Postal Zip Code | 75248 | |
City Area Code | 972 | |
Local Phone Number | 720 - 9000 | |
Title of 12(b) Security | Series B preferred stock, $0.01 par value per share | |
Security Exchange Name | NASDAQ | |
Entity Interactive Data Current | Yes |
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
ASSETS | ||
Cash and due from banks | $ 6,294 | $ 8,549 |
Interest-bearing deposits | 69,304 | 32,562 |
Federal funds sold | 609 | 1,044 |
Total cash and cash equivalents | 76,207 | 42,155 |
Securities available for sale | 20,097 | 20,633 |
Securities held to maturity | 25,133 | 25,262 |
Securities, restricted at cost | 4,109 | 3,496 |
Securities, not readily marketable | 100 | 100 |
Loans held for sale | 13,503 | 33,902 |
Loans, net of allowance for credit losses of $5,873 and $4,513, respectively | 449,313 | 445,819 |
Bank premises and equipment, net | 4,779 | 4,629 |
Core deposit intangible, net | 517 | 569 |
Goodwill | 21,440 | 21,440 |
Deferred tax asset | 1,302 | 636 |
Other assets | 14,995 | 13,895 |
Total assets | 631,495 | 612,536 |
Demand deposits: | ||
Non-interest-bearing | 106,434 | 94,187 |
Interest-bearing | 125,424 | 137,148 |
Time deposits | 276,582 | 261,690 |
Total deposits | 508,440 | 493,025 |
Subordinated notes | 12,000 | 12,000 |
Other liabilities | 11,496 | 11,013 |
Total liabilities | 531,936 | 516,038 |
Commitments and contingencies (see Note 11) | ||
Preferred stock, value | 17 | 17 |
Common stock, $0.01 par value; 40,000,000 shares authorized; 7,094,453 shares issued and 7,068,884 shares outstanding at March 31, 2023 and December 31, 2022 | 71 | 71 |
Additional paid-in capital | 50,820 | 50,695 |
Treasury stock, at cost; 25,569 shares as of March 31, 2023 and December 31, 2022 | (481) | (481) |
Retained earnings | 51,162 | 48,564 |
Accumulated other comprehensive loss | (2,030) | (2,368) |
Total shareholders’ equity | 99,559 | 96,498 |
Total liabilities and shareholders’ equity | $ 631,495 | $ 612,536 |
CONSOLIDATED BALANCE SHEETS (Pa
CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended |
Mar. 31, 2023 | Dec. 31, 2022 | |
Loans, allowance for credit losses (in Dollars) | $ 5,873 | $ 4,513 |
Common stock, par value (in Dollars per share) | $ 0.01 | $ 0.01 |
Common stock, shares authorized | 40,000,000 | 40,000,000 |
Common stock, shares issued | 7,094,453 | 7,094,453 |
Common stock, shares outstanding | 7,068,884 | 7,068,884 |
Treasury stock, at cost, shares | 25,569 | 25,569 |
Series B Preferred Stock [Member] | ||
Preferred stock, shares issued | 1,725,000 | 1,725,000 |
Preferred stock, shares outstanding | 1,725,000 | |
Preferred stock, par value (in Dollars per share) | $ 0.01 | $ 0.01 |
Preferred stock, shares authorized | 1,725,000 | 1,725,000 |
Preferred stock, non-cumulative | 9% | 9% |
CONSOLIDATED STATEMENTS OF INCO
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Interest Income | ||
Loan, including fees | $ 9,400 | $ 7,192 |
Securities | 432 | 335 |
Federal funds sold | 9 | 0 |
Interest-bearing deposits | 1,072 | 22 |
Total interest income | 10,913 | 7,549 |
Interest Expense | ||
Deposits | 3,507 | 650 |
Borrowed funds | 363 | 242 |
Total interest expense | 3,870 | 892 |
Net interest income | 7,043 | 6,657 |
Provision for credit losses | 78 | 327 |
Net interest income after provision for credit losses | 6,965 | 6,330 |
Non-interest Income | ||
Trust income | 1,513 | 1,598 |
Gain on sale of loans | 581 | 0 |
Advisory income | 3,451 | 3,574 |
Brokerage income | 1,890 | 2,471 |
Service fees and other income | 3,216 | 2,216 |
Rental income | 50 | 100 |
Total non-interest income | 10,701 | 9,959 |
Non-interest Expense | ||
Salaries and employee benefits | 7,863 | 7,456 |
Occupancy and equipment | 470 | 450 |
Trust expenses | 552 | 598 |
Brokerage and advisory direct costs | 471 | 528 |
Professional fees | 523 | 401 |
Data processing | 208 | 169 |
Other | 1,581 | 1,357 |
Total non-interest expense | 11,668 | 10,959 |
Income before Income Taxes | 5,998 | 5,330 |
Income tax expense | 1,284 | 1,045 |
Net Income | 4,714 | 4,285 |
Preferred stock dividends | 388 | 388 |
Net income available to common stockholders | $ 4,326 | $ 3,897 |
Earnings per common share: | ||
Basic (in Dollars per share) | $ 0.61 | $ 0.55 |
Diluted (in Dollars per share) | $ 0.59 | $ 0.53 |
Weighted average common shares outstanding (in Shares) | 7,068,884 | 7,059,002 |
Weighted average diluted shares outstanding (in Shares) | 7,295,489 | 7,311,075 |
CONSOLIDATED STATEMENTS OF COMP
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Statement of Comprehensive Income [Abstract] | ||
Net Income | $ 4,714 | $ 4,285 |
Other comprehensive income (loss): | ||
Change in unrealized loss on investment securities available for sale | 428 | (1,098) |
Tax effect | 90 | (230) |
Other comprehensive income (loss) | 338 | (868) |
Comprehensive Income | $ 5,052 | $ 3,417 |
CONSOLIDATED STATEMENTS OF CHAN
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands | Series A Preferred Stock [Member] Preferred Stock [Member] | Series B Preferred Stock [Member] Common Stock [Member] | Series B Preferred Stock [Member] Retained Earnings [Member] | Series B Preferred Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Treasury Stock, Common [Member] | Total |
Balance at Dec. 31, 2021 | $ 17 | $ 71 | $ 50,176 | $ 34,851 | $ (328) | $ 84,787 | |||
Exercise of stock options | 43 | 43 | |||||||
Purchase of treasury stock at cost | $ (181) | (181) | |||||||
Dividends paid on preferred stock | (388) | (388) | |||||||
Note receivable issued for stock | (441) | (441) | |||||||
Net income | 4,285 | 4,285 | |||||||
Other comprehensive income (loss) | (868) | (868) | |||||||
Stock based compensation | 87 | 87 | |||||||
Balance at Mar. 31, 2022 | 17 | 71 | 50,306 | 38,307 | (1,196) | (181) | 87,324 | ||
Balance at Dec. 31, 2022 | 17 | 71 | 50,695 | 48,564 | (2,368) | (481) | 96,498 | ||
Cumulative change in accounting principle (adoption of ASC 326) | Accounting Standards Update 2016-13 [Member] | (1,286) | (1,286) | |||||||
Balance at Jan. 01, 2023 | 17 | 71 | 50,695 | 47,278 | (2,368) | (481) | 95,212 | ||
Balance at Dec. 31, 2022 | 17 | 71 | 50,695 | 48,564 | (2,368) | (481) | 96,498 | ||
Repayments for note receivable utilized to exercise options | 50 | 50 | |||||||
Dividends paid on preferred stock | $ (388) | $ (388) | (388) | ||||||
Note receivable issued for stock | (448) | (448) | |||||||
Net income | 4,714 | 4,714 | |||||||
Other comprehensive income (loss) | 338 | 338 | |||||||
Stock based compensation | 75 | 75 | |||||||
Balance at Mar. 31, 2023 | $ 17 | $ 71 | $ 50,820 | $ 51,162 | $ (2,030) | $ (481) | $ 99,559 |
CONSOLIDATED STATEMENTS OF CASH
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Cash Flows from Operating Activities | ||
Net income | $ 4,714 | $ 4,285 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||
Provision for credit losses | 78 | 327 |
Depreciation and amortization | 60 | 60 |
Amortization (accretion) of premium/discount on loans | 4 | (6) |
Core deposit intangible amortization | 52 | 50 |
Securities discount/premium (accretion) amortization, net | (5) | 1 |
Origination of loans held for sale | (6,503) | (15,117) |
Proceeds from payments and sales of loans held for sale | 6,486 | 134 |
Gain on sale of loans | (581) | 0 |
Stock based compensation | 75 | 87 |
Deferred income taxes | (415) | 67 |
Servicing assets, net | 12 | 117 |
Net change in: | ||
Other assets | (1,074) | (696) |
Other liabilities | 210 | 1,154 |
Net cash provided by (used in) operating activities | 3,113 | (9,537) |
Cash Flows from Investing Activities | ||
Purchase of securities available for sale | (99,994) | (75,000) |
Principal payments, calls and maturities of securities available for sale | 100,951 | 75,081 |
Principal payments of securities held to maturity | 142 | 49 |
Purchase of securities, restricted | (3,804) | (2,531) |
Proceeds from sale of securities, restricted | 3,191 | 2,121 |
Net change in loans | 16,028 | 25,510 |
Purchases of premises and equipment | (210) | (39) |
Net cash provided by investing activities | 16,304 | 25,191 |
Cash Flows from Financing Activities | ||
Net change in demand deposits | 523 | 11,045 |
Net change in time deposits | 14,892 | (11,060) |
Proceeds from borrowed funds | 143,200 | 77,500 |
Repayment of borrowed funds | (143,200) | (98,821) |
Dividends paid on common stock | (442) | (441) |
Dividends paid on Series B preferred stock | (388) | (388) |
Exercise of stock options | 0 | 43 |
Repayments on note receivable utilized to exercise stock options | 50 | 0 |
Purchase of treasury stock at cost | 0 | (181) |
Net cash provided by (used in) financing activities | 14,635 | (22,303) |
Net change in cash and cash equivalents | 34,052 | (6,649) |
Cash and cash equivalents at beginning of period | 42,155 | 45,992 |
Cash and cash equivalents at end of period | 76,207 | 39,343 |
Non Cash Transactions | ||
Transfers from loans held for sale to loans held for investment | 20,958 | 23,264 |
Lease liabilities incurred in exchange for right-of-use assets | 193 | 21 |
Supplemental disclosures of cash flow information | ||
Interest | $ 3,878 | $ 1,144 |
Organization and Significant Ac
Organization and Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] | Note 1. Organization and Significant Accounting Policies Tectonic Financial, Inc. (the “Company,” “we,” “us,” or “our”) is a Texas corporation and financial holding company that offers, through its subsidiaries, banking and other financial services including trust, investment advisory, securities brokerage, factoring, third-party administration, recordkeeping and insurance services to individuals, small businesses and institutions across the United States. We operate through four main direct and indirect subsidiaries: (i) T Bancshares, Inc. (“TBI”), which was incorporated under the laws of the State of Texas on December 23, 2002 to serve as the registered bank holding company for T Bank, N.A., a national banking association (the “Bank”), (ii) Sanders Morris Harris LLC (“Sanders Morris”), a registered broker-dealer with the Financial Industry Regulatory Authority (“FINRA”) and registered investment advisor with the U.S. Securities and Exchange Commission, (“SEC”), (iii) Tectonic Advisors, LLC (“Tectonic Advisors”), a registered investment advisor registered with the SEC focused generally on managing money for relatively large, affiliated institutions, and (iv) HWG Insurance Agency LLC (“HWG”), an insurance agency registered with the Texas Department of Insurance (“TDI”). We are headquartered in Dallas, Texas. The Bank operates through its main office located at 16200 Dallas Parkway, Dallas, Texas. Our other subsidiaries operate from offices in Houston, Dallas and Plano, Texas. Our Houston, Texas office is located at 600 Travis Street, 59 th The Bank offers a broad range of commercial and consumer banking and trust services primarily to small- to medium-sized businesses and their employees, and other institutions. The Nolan Company (“Nolan”), operating as a division within the Bank, offers third party administration (“TPA”) services, and Integra Funding Solutions, LLC (“Integra”), also operating as a division within the Bank, offers factoring services. The Bank’s technological capabilities, including worldwide free ATM withdrawals, sophisticated on-line banking capabilities, electronic funds transfer capabilities, and economical remote deposit solutions, allow most customers to be served regardless of their geographic location. The Bank serves its local geographic market which includes Dallas, Tarrant, Denton, Collin and Rockwall counties in Texas which encompass an area commonly referred to as the Dallas/Fort Worth Metroplex. The Bank also serves the dental and other health professional industries through a centralized loan and deposit platform that operates out of its main office in Dallas, Texas. In addition, the Bank serves the small business community by offering loans guaranteed by the U.S. Small Business Administration (“SBA”) and the U.S. Department of Agriculture (“USDA”). The Bank offers a wide range of deposit services including demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit with fixed rates and a range of maturity options. Lending services include commercial loans to small- to medium-sized businesses and professional concerns as well as consumers. The Bank also offers trust services. The Bank’s traditional fiduciary services clients primarily consist of clients of Cain, Watters & Associates, LLC (“Cain Watters”). The Bank, Cain Watters and Tectonic Advisors entered into an advisory services agreement related to the Bank’s trust operations in April 2006, which has been amended from time to time, most recently in July 2016. See Note 12 - Related Parties Basis of Presentation In the opinion of management, all adjustments that were normal and recurring in nature, and considered necessary, have been included for the fair presentation of the Company’s consolidated financial position and results of operations. Operating results for the three months ended March 31, 2023 are not necessarily indicative of results that may be expected for the full year ending December 31, 2023. Use of Estimates. Accounting Changes, Reclassifications and Restatements. New Accounting Pronouncements . The Company adopted ASC 326 using the modified retrospective method for loans and off-balance-sheet (“OBS”) credit exposures. Results for reporting periods beginning after January 1, 2023 are presented under ASC 326 while prior period amounts continue to be reported in accordance with previously applicable incurred loss model under GAAP. The Company recorded a one-time cumulative-effect adjustment to the allowance for credit losses of $1.4 million which was recognized through a $1.1 million adjustment to retained earnings, net of tax. This adjustment brought the beginning balance of the allowance for credit losses to $5.9 million as of January 1, 2023. In addition, the Company recorded a $237,505 reserve on unfunded commitments which is recorded in other liabilities in the Company’s consolidated balance sheet, and was recognized through a $188,000 adjustment to retained earnings, net of tax. The Company adopted ASC 326 using the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to January 1, 2023. As of December 31, 2022, the Company did not have any other-than-temporarily impaired investment securities. Therefore, upon adoption of ASC 326, the Company determined that an allowance for credit losses on debt securities was not required. ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures , Earnings per Share Three months ended March 31, (In thousands, except per share data) 2023 2022 Net income available to common shareholders $ 4,326 $ 3,897 Average shares outstanding 7,069 7,059 Effect of dilutive securities 226 252 Average diluted shares outstanding 7,295 7,311 Basic earnings per share $ 0.61 $ 0.55 Diluted earnings per share $ 0.59 $ 0.53 As of March 31, 2023, options to purchase 167,500 shares of common stock, with a weighted average exercise price of $5.51, were included in the computation of diluted net earnings per share. In addition, as of March 31, 2023, 170,000 shares of restricted stock grants with a grant date fair value of $4.81 per share which vest from 2023 through 2025 were included in the diluted earnings per share calculation. |
Securities
Securities | 3 Months Ended |
Mar. 31, 2023 | |
Investments, Debt and Equity Securities [Abstract] | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | Note 2. Securities A summary of amortized cost, fair value and allowance for credit losses of securities is presented below as of the dates indicated. March 31, 2023 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Estimated Fair Value Securities available for sale U.S. Treasuries $ 1,995 $ - $ 25 $ - $ 1,971 U.S. government agencies 15,701 - 2,278 - 13,423 Mortgage-backed securities 4,970 - 266 - 4,703 Total securities available for sale $ 22,666 $ - $ 2,569 $ - $ 20,097 Securities held to maturity Property assessed clean energy $ 1,450 $ 114 $ - $ - $ 1,564 Public improvement district/tax increment reinvestment zone 23,683 1,137 43 - 24,777 Total securities held to maturity $ 25,133 $ 1,251 $ 43 $ - $ 26,341 Securities, restricted: Other $ 4,109 $ - $ - $ - $ 4,109 Securities not readily marketable $ 100 $ - $ - $ - $ 100 December 31, 2022 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available for sale U.S. Treasuries $ 1,990 $ - $ 37 $ 1,953 U.S. government agencies 15,715 - 2,627 13,088 Mortgage-backed securities 5,925 - 333 5,592 Total securities available for sale $ 23,630 $ - $ 2,997 $ 20,633 Securities held to maturity Property assessed clean energy $ 1,596 $ 126 $ - $ 1,722 Public improvement district/tax increment reinvestment zone 23,666 1,137 43 24,760 Total securities held to maturity $ 25,262 $ 1,263 $ 43 $ 26,482 Securities, restricted: Other $ 3,496 $ - $ - $ 3,496 Securities not readily marketable $ 100 $ - $ - $ 100 Securities available for sale consist of U.S. government agency securities and mortgage-backed securities guaranteed by U.S. government agencies. Securities held to maturity consist of Property Assessed Clean Energy (“PACE”) and Public Improvement District/Tax Increment Reinvestment Zone (“PID/TIRZ”) investments. These investment contracts or bonds are located in Texas, California and Florida, and originate under a contractual obligation between the property owners, the local county or city administration, and a third-party administrator and sponsor. PACE assessments are created to fund the purchase and installation of energy saving improvements to the property such as solar panels. PID/TIRZ assessments are used to pay for the development costs of a residential subdivision. Generally, as a property assessment, the total assessment is repaid in installments over a period of 5 to 32 years by the then current property owner(s). Each installment is collected by the County or City Tax Collector where the property is located. The assessments are an obligation of the property. Securities, restricted consist of Federal Reserve Bank of Dallas (“FRB”) and Federal Home Loan Bank of Dallas (“FHLB”) stock, which are carried at cost. During the three months ended March 31, 2023 and 2022, no available-for-sale securities were sold, and there were no realized gains or losses recorded on sales for the three months ended March 31, 2023 and 2022. As of March 31, 2023 and December 31, 2022, securities available for sale with a fair value of $95,000 and $94,000, respectively, were pledged against trust deposit balances held at the Bank. During March 2023, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) created the Bank Term Funding Program (“BTFP”), which was made available to banks in response to liquidity concerns in the United States banking system. The BTFP allows the whole par value of available for sale securities to be included as the collateral value. As of March 31, 2023, securities with a par value of $22.5 million were pledged to the Federal Reserve under the BTFP, none of which was borrowed against. As of March 31, 2023 and December 31, 2022, the Bank held FRB stock in the amount of $2.2 million. The Bank held FHLB stock in the amount of $1.9 million as of March 31, 2023 and $1.3 million at December 31, 2022, all of which were classified as securities, restricted. As of March 31, 2023 and December 31, 2022, the Company held an income interest in a private investment, which is not readily marketable, accounted for under the cost method in the amount of $100,000. The table below indicates the length of time individual investment securities have been in a continuous loss position as of March 31, 2023: Less than 12 months 12 months or longer Total (In thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Treasuries $ 1,971 $ 25 $ - $ - $ 1,971 $ 25 U.S. government agencies - - 13,423 $ 2,278 13,423 2,278 Mortgage-backed securities 4,159 229 544 37 4,703 266 Total $ 6,130 $ 254 $ 13,967 $ 2,315 $ 20,097 $ 2,569 Beginning January 1, 2023, the Company evaluates all securities quarterly to determine if any debt securities in a loss position require an allowance for credit losses in accordance with ASC 326. The Company evaluates whether the decline in fair value has resulted from credit losses or other factors based upon our analysis of the underlying risk characteristics, including credit ratings, such as bond ratings, and other qualitative factors related to our available for sale securities and in consideration of our historical credit loss experience and internal forecasts. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. Changes in the allowance for credit losses are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the allowance when management believes the uncollectability of a security is confirmed or when either of the criteria regarding intent or requirement to sell is met. As of March 31, 2023, no allowance for credit losses has been recognized on available for sale and held to maturity securities in an unrealized loss position as management does not believe any of the securities are impaired due to reasons of credit quality. This is based upon our analysis of the underlying risk characteristics, including credit ratings, and other qualitative factors related to our securities and in consideration of our historical credit loss experience and internal forecasts. The issuers of these securities are U.S. government agencies who continue to make timely principal and interest payments under the contractual terms of the securities. Furthermore, management does not have the intent to sell any of the securities classified as available for sale in the table above and believes that it is more likely than not that we will not have to sell any such securities before a recovery of cost. The unrealized losses are due to increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the securities approach their maturity date or repricing date or if market yields for such investments decline. The amortized cost and estimated fair value of securities available for sale as of March 31, 2023 are presented in the table below by contractual maturity. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Residential mortgage-backed securities are shown separately since they are not due at a single maturity date. Available for Sale (In thousands) Amortized Cost Estimated Due in one year or less $ 996 $ 992 Due after one year through five years 10,996 9,747 Due after five years through ten years 2,101 1,855 Due after ten years 3,603 2,800 Mortgage-backed securities 4,970 4,703 Total $ 22,666 $ 20,097 |
Loans and Allowance for Loan Lo
Loans and Allowance for Loan Losses | 3 Months Ended |
Mar. 31, 2023 | |
Receivables [Abstract] | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 3. Loans and Allowance for Credit Losses Major classifications of loans held for investment are as follows as of the dates indicated: (In thousands) March 31, 2023 December 31, 2022 Commercial and industrial $ 86,240 $ 92,946 Consumer installment 1,012 1,058 Real estate – residential 6,896 5,566 Real estate – commercial 74,171 63,924 Real estate – construction and land 19,127 3,873 SBA: SBA 7(a) guaranteed 162,377 149,374 SBA 7(a) unguaranteed 49,834 56,268 SBA 504 30,848 52,668 USDA 2,133 2,235 Factored receivables 22,548 22,420 Gross loans 455,186 450,332 Less: Allowance for credit losses 5,873 4,513 Net loans $ 449,313 $ 445,819 As of March 31, 2023, our loan portfolio included $80.9 million of loans, or approximately 17.8% of our total funded loans to the dental industry, as compared to $83.9 million of loans, or 18.63% of total funded loans as of December 31, 2022. The Bank believes that these loans are to credit worthy borrowers and are diversified geographically. Accrued interest receivable on loans totaled $2.1 million and $2.2 million at March 31, 2023 and December 31, 2022, respectively, and is included in accrued interest receivable and other assets in the Company’s consolidated balance sheets. Loans with carrying amounts of $58.5 million and $40.0 million at March 31, 2023 and December 31, 2022, respectively, were pledged to secure FHLB borrowing capacity and FRB discount window borrowing capacity. The Company serves the small business community by offering loans promulgated under the SBA’s 7(a) and 504 loan programs, and loans guaranteed by the USDA. SBA 7(a) and USDA loans are typically guaranteed by each agency in amounts ranging from 75% to 80% of the principal balance. For SBA construction loans, the Company records the guaranteed funded portion of the loans as held for sale. When the SBA loans are fully funded, the Company may sell the guaranteed portion into the secondary market, on a servicing-retained basis, or reclassify from loans held for sale to loans held for investment if the Company determines that holding these loans provide better long-term risk adjusted returns than selling the loans. In calculating gain on the sale of loans, the Company performs an allocation based on the relative fair values of the sold portion and retained portion of the loan. The Company’s assumptions are validated by reference to external market information. The Company had $13.5 million and $33.9 million of SBA/USDA loans held for sale as of March 31, 2023 and December 31, 2022, respectively. During the three months ended March 31, 2023, the Company sold the guaranteed portion of one USDA loan totaling $5.8 million, resulting in a gain on sale loans of $581,000. There were no sales during the three months ended March 31, 2022. For the three months ended March 31, 2023, the Company elected to reclassify $21.0 million of the SBA 7(a) loans held for sale to loans held for investment. Loan Origination/Risk Management . The Company maintains written loan origination policies, procedures, and processes which address credit quality within an acceptable level of risk at several levels including individual loan level, loan type, and loan portfolio levels. Commercial and industrial loans, which are predominantly loans to dentists, are underwritten based on historical and projected income of the business and individual borrowers and guarantors. The Company utilizes a comprehensive global debt service coverage analysis to determine debt service coverage ratios. This analysis compares global cash flow of the borrowers and guarantors on an individual credit to existing and proposed debt after consideration of personal and business-related other expenses. Collateral is generally a lien on all available assets of the business borrower including intangible assets. Credit worthiness of individual borrowers and guarantors is established through the use of credit reports and credit scores. Consumer loans are evaluated on the basis of credit worthiness as established through the use of credit reports and credit scores. Additional credit quality indicators include borrower debt to income ratios based on verifiable income sources. Real estate mortgage loans are evaluated based on collateral value as well as global debt service coverage ratios based on historical and projected income from all related sources including the collateral property, the borrower, and all guarantors where applicable. The Company originates SBA loans which are sometimes sold into the secondary market. The Company continues to service these loans after sale and is required under the SBA programs to retain specified amounts. The two primary SBA loan programs that the Company offers are the basic SBA 7(a) loan guaranty program and the SBA 504 loan program in conjunction with junior lien financing from a Certified Development Company (“CDC”). The SBA has designated the Bank as a “Preferred Lender.” As an SBA Preferred Lender, the Bank has been delegated loan approval, closing and most servicing and liquidation authority from the SBA. The SBA 7(a) program serves as the SBA’s primary business loan program to help qualified small businesses obtain financing when they might not be eligible for business loans through normal lending channels. Loan proceeds under this program can be used for most business purposes including working capital, machinery and equipment, furniture and fixtures, land and building (including purchase, renovation and new construction), leasehold improvements and debt refinancing. Loan maturity is generally up to 10 years for non-real estate collateral and up to 25 years for real estate collateral. The SBA 7(a) loan is approved and funded by a qualified lender, partially guaranteed by the SBA and subject to applicable regulations. In general, the SBA guarantees up to 75% (100% for Paycheck Protection Program loans) of the loan amount depending on loan size. The Company is required by the SBA to service the loan and retain a contractual minimum of 5% on all SBA 7(a) loans, but generally retains 25% (the unguaranteed portion). The servicing spread is 1% of the guaranteed portion of the loan that is sold in the secondary market. The SBA 504 program is an economic development-financing program providing long-term, low down payment loans to businesses. Typically, a 504 project includes a loan secured from a private-sector lender with a senior lien, a loan secured from a CDC (funded by a 100% SBA-guaranteed debenture) with a junior lien covering up to 40% of the total cost, and a contribution of at least 10% equity from the borrower. Debenture limits are $5.0 million for regular 504 loans and $5.5 million for those 504 loans that meet a public policy goal. The Company also offers Business & Industry (“B&I”) program loans through the USDA. These loans are similar to the SBA product, except they are guaranteed by the USDA. The guaranteed amount is generally 80%. B&I loans are made to businesses in designated rural areas and are generally larger loans to larger businesses than the SBA 7(a) loans. Similar to the SBA 7(a) product, they can be sold into the secondary market. These loans can be utilized for rural commercial real estate and equipment. The loans can have maturities up to 30 years and the rates can be fixed or variable. Construction and land development loans are evaluated based on the borrower’s and guarantor’s credit worthiness, past experience in the industry, track record and experience with the type of project being considered, and other factors. Collateral value is determined generally by independent appraisal utilizing multiple approaches to determine value based on property type. The Bank engages in third-party factoring of certain business’s accounts receivable invoices. The Bank’s factoring clients are primarily in the transportation industry. Each account debtor is credit qualified, confirming credit worthiness and stability, because the underlying debtor represents the substantive underlying credit risk. Some factored receivables are full recourse to and personally guaranteed by the factoring client. In such cases, the client is credit qualified under specific policy guidelines. Concentration limits are set and monitored for aggregate factored receivables, account debtors, and individual factoring clients. In addition, we consider the overall state of each specific industry, currently over-the-road trucking, in our evaluation of the credit worthiness of the factoring client and the underlying debtor. For all loan types, the Company establishes guidelines for its underwriting criteria including collateral coverage ratios, global debt service coverage ratios, and maximum amortization or loan maturity terms. At the portfolio level, the Company monitors concentrations of loans based on several criteria including loan type, collateral type, industry, geography, and other factors. The Company also performs periodic market research and economic analysis at a local geographic and national level. Based on this research, the Company may from time to time change the minimum or benchmark underwriting criteria applied to the above loan types. Loans are placed on non-accrual status when, in management’s opinion, the borrower may be unable to meet payment obligations as they become due, as well as when required by regulatory provisions. Loans may be placed on non-accrual status regardless of whether or not such loans are considered past due. When interest accrual is discontinued, all unpaid accrued interest is reversed. A loan may be returned to accrual status when all the principal and interest amounts contractually due are brought current and future principal and interest amounts contractually due are reasonably assured, which is typically evidenced by a sustained period of repayment performance by the borrower. Non-accrual loans, segregated by class of loans, were as follows as of the dates indicated: (In thousands) March 31, 2023 December 31, 2022 Non-accrual loans: Real estate – residential $ 135 $ 138 SBA guaranteed 2,221 2,221 SBA unguaranteed 107 107 Total $ 2,463 $ 2,466 There was no allowance for credit losses on non-accrual loans as of March 31, 2023. There was no interest recognized on non-accrual loans during the three months ended March 31, 2023. From time to time, we may modify certain loans to borrowers who are experiencing financial difficulty. In some cases, these modifications may result in new loans. Loan modifications to borrowers experiencing financial difficulty may be in the form of a principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension or a combination thereof, among other things. During the three months ended March 31, 2023, the Company provided one modification to extend the maturity date of a SBA loan with an outstanding balance of $357,000, or 0.08% of total loans. The following table presents the amortized cost basis of collateral-dependent loans by class of loans as of March 31, 2023: (In thousands) Residential Real Estate Real estate – residential $ 135 SBA unguaranteed 107 Total $ 242 Loans are considered impaired when, based on current information and events, it is probable the Company will be unable to collect all amounts due in accordance with the original contractual terms of the loan agreement, including scheduled principal and interest payments. If a loan is impaired, a specific valuation allowance is allocated, if necessary, so that the loan is reported net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assured, in which case interest is recognized on a cash basis. Impaired loans, or portions thereof, are charged off when deemed uncollectible. The Company’s impaired loans and related allowance is summarized in the following table as of December 31, 2022: Unpaid Recorded Recorded Contractual Investment Investment Total Average Interest Principal With No With Recorded Related Recorded Income (In thousands) Balance Allowance Allowance Investment Allowance Investment Recognized Year Ended Commercial and industrial $ - $ - $ - $ - $ - $ 181 $ - SBA 2,759 2,126 - 2,126 - 2,287 - Total $ 2,759 $ 2,126 $ - $ 2,126 $ - $ 2,468 $ - Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. The Company’s past due loans (including both accruing and non-accruing loans) are as follows as of the dates indicated: 30-89 Days 90 Days or Total Total Total 90 Or More Days Past Due (In thousands) Past Due More Past Due Past Due Current Loans Still Accruing March 31, 2023 Commercial and industrial $ 15 $ - $ 15 $ 86,225 $ 86,240 $ - Consumer installment - - - 1,012 1,012 - Real estate – residential 136 - 136 6,760 6,896 - Real estate – commercial - - - 74,171 74,171 - Real estate – construction and land - - - 19,127 19,127 - SBA - 2,327 2,327 240,732 243,059 - USDA - - - 2,133 2,133 - Factored Receivables 564 62 626 21,922 22,548 62 Total $ 715 $ 2,389 $ 3,104 $ 452,082 $ 455,186 $ 62 December 31, 2022 Commercial and industrial $ 395 $ - $ 395 $ 92,551 $ 92,946 $ - Consumer installment - - - 1,058 1,058 - Real estate – residential 138 - 138 5,428 5,566 - Real estate – commercial - 206 206 63,718 63,924 206 Real estate – construction and land - - - 3,873 3,873 - SBA - 2,327 2,327 255,983 258,310 - USDA - - - 2,235 2,235 - Factored receivables 966 132 1,098 21,322 22,420 132 Total $ 1,499 $ 2,665 $ 4,164 $ 446,168 $ 450,332 $ 338 As part of the on-going monitoring of the credit quality of the Company’s loan portfolio, management tracks certain credit quality indicators including internal credit risk based on past experiences as well as external statistics and factors. Loans are graded in one of six categories: (i) pass, (ii) pass-watch, (iii) special mention, (iv) substandard, (v) doubtful, or (vi) loss. Loans graded as loss are charged-off. The classifications of loans reflect a judgment about the risks of default and loss associated with the loan. The Company reviews the ratings on credits quarterly. No significant changes were made to the loan risk grading system definitions and allowance for credit loss methodology during the past year. Ratings are adjusted to reflect the degree of risk and loss that is felt to be inherent in each credit. The Company’s methodology is structured so that specific allocations are increased in accordance with deterioration in credit quality (and a corresponding increase in risk and loss) or decreased in accordance with improvement in credit quality (and a corresponding decrease in risk and loss). Credits rated pass are acceptable loans, appropriately underwritten, bearing an ordinary risk of loss to the Company. Loans in this category are loans to highly credit worthy borrowers with financial statements presenting a good primary source as well as an adequate secondary source of repayment. Credits rated pass-watch loans have been determined to require enhanced monitoring for potential weaknesses which require further investigation. They have no significant delinquency in the past twelve months. This rating causes the loan to be actively monitored with greater frequency than pass loans and allows appropriate downgrade transition if verifiable adverse events are confirmed. This category may also include loans that have improved in credit quality from special mention but are not yet considered pass loans. Credits rated special mention show clear signs of financial weaknesses or deterioration in credit worthiness; however, such concerns are not so pronounced that the Company generally expects to experience significant loss within the short-term. Such credits typically maintain the ability to perform within standard credit terms and credit exposure is not as prominent as credits rated more harshly. Credits rated substandard are those in which the normal repayment of principal and interest may be, or has been, jeopardized by reason of adverse trends or developments of a financial, managerial, economic or political nature, or important weaknesses exist in collateral. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed. Guaranteed portions of SBA loans graded substandard are generally on non-accrual due to the limited amount of interest covered by the guarantee, usually 60 days maximum. However, there typically will be no exposure to loss on the principal amount of these guaranteed portions of the loan. Credits rated doubtful are those in which full collection of principal appears highly questionable, and which some degree of loss is anticipated, even though the ultimate amount of loss may not yet be certain and/or other factors exist which could affect collection of debt. Based upon available information, positive action by the Company is required to avert or minimize loss. Loans classified loss are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the loan has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this asset even though partial recovery may be affected in the future. The following table summarizes the amortized cost basis of loans by year of origination and internal ratings as of March 31, 2023: Term Loans by Origination Year Revolving Loans 2023 2022 2021 2020 2019 Prior Total (In thousands) Commercial and industrial Pass $ 2,948 $ 29,671 $ 20,340 $ 9,625 $ 6,310 $ 14,728 $ 2,618 $ 86,240 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 2,948 $ 29,671 $ 20,340 $ 9,625 $ 6,310 $ 14,728 $ 2,618 $ 86,240 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Consumer installment Pass $ 229 $ 162 $ 301 $ 83 $ 100 $ 117 $ 20 $ 1,012 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 229 $ 162 $ 301 $ 83 $ 100 $ 117 $ 20 $ 1,012 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Real estate - residential Pass $ - $ 4,069 $ 1,676 $ 765 $ - $ 250 $ - $ 6,760 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - 136 - 136 Doubtful - - - - - - - - Total $ - $ 4,069 $ 1,676 $ 765 $ - $ 386 $ - $ 6,896 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Term Loans by Origination Year Revolving Loans 2023 2022 2021 2020 2019 Prior Total Real estate - commercial Pass $ 1,080 $ 24,003 $ 19,315 $ 5,002 $ 9,080 $ 15,691 $ - $ 74,171 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 1,080 $ 24,003 $ 19,315 $ 5,002 $ 9,080 $ 15,691 $ - $ 74,171 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Real estate construction/land Pass $ 2,359 $ 10,621 $ 6,147 $ - $ - $ - $ - $ 19,127 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 2,359 $ 10,621 $ 6,147 $ - $ - $ - $ - $ 19,127 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - SBA 7a gty and ungty Pass $ 1,381 $ 51,780 $ 65,679 $ 24,240 $ 15,476 $ 23,457 $ - $ 182,013 Pass-watch - - 3,461 3,826 5,337 11,630 - 24,254 Special mention - - 89 1,275 1,241 2,402 - 5,007 Substandard - - - - 379 558 - 937 Doubtful - - - - - - - - Total $ 1,381 $ 51,780 $ 69,229 $ 29,341 $ 22,433 $ 38,047 $ - $ 212,211 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - SBA 504 Pass $ - $ 4,000 $ 2,649 $ 7,623 $ 6,702 $ 9,874 $ - $ 30,848 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ - $ 4,000 $ 2,649 $ 7,623 $ 6,702 $ 9,874 $ - $ 30,848 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - USDA Pass $ - $ 1,324 $ - $ - $ - $ 809 $ - $ 2,133 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ - $ 1,324 $ - $ - $ - $ 809 $ - $ 2,133 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Factored Receivables Pass $ 22,325 $ 223 $ - $ - $ - $ - $ - $ 22,548 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 22,325 $ 223 $ - $ - $ - $ - $ - $ 22,548 Current period gross write-offs: $ 48 $ 61 $ - $ - $ - $ - $ - $ 109 Total Pass $ 30,322 $ 125,853 $ 116,107 $ 47,338 $ 37,668 $ 64,926 $ 2,638 $ 424,852 Pass-watch - - 3,461 3,826 5,337 11,630 - 24,254 Special mention - - 89 1,275 1,241 2,402 - 5,007 Substandard - - - - 379 694 - 1,073 Doubtful - - - - - - - - Total $ 30,322 $ 125,853 $ 119,657 $ 52,439 $ 44,625 $ 79,652 $ 2,638 $ 455,186 Current period gross write-offs $ 48 $ 61 $ - $ - $ - $ - $ - $ 109 The following table summarizes the Company’s internal ratings of its loans in accordance with previously applicable incurred loss model under GAAP as of December 31, 2022: Pass- Special (In thousands) Pass Watch Mention Substandard Doubtful Total Commercial and industrial $ 92,551 $ 395 $ - $ - $ - $ 92,946 Consumer installment 1,058 - - - - 1,058 Real estate – residential 5,428 - - 138 - 5,566 Real estate – commercial 63,718 - - 206 - 63,924 Real estate – construction and land 3,873 - - - - 3,873 SBA 231,914 20,665 4,778 953 - 258,310 USDA 2,235 - - - - 2,235 Factored receivables 22,420 - - - - 22,420 Total $ 423,197 $ 21,060 $ 4,778 $ 1,297 $ - $ 450,332 The Company adopted ASU 2016-13 effective on January 1, 2023. The guidance replaces the incurred loss methodology with an expected loss methodology that is referred to as the CECL methodology. The new CECL model requires the measurement of all expected credit losses for financial assets measured at amortized cost and certain off-balance-sheet credit exposures based on historical experience, current conditions, and reasonable and supportable forecasts. The Company adopted ASC 326 using the modified retrospective method for loans and OBS credit exposures. Results for reporting periods beginning after January 1, 2023 are presented under ASC 326 while prior period amounts continue to be reported in accordance with the previously applicable incurred loss model under GAAP. The Company recorded a one-time cumulative-effect adjustment to the allowance for credit losses of $1.4 million which was recognized through a $1.1 million adjustment to retained earnings, net of tax. This adjustment brought the beginning balance of the allowance for credit losses to $5.9 million as of January 1, 2023. In addition, the Company recorded a $237,505 reserve on unfunded commitments which is recorded in other liabilities in the Company’s consolidated balance sheet, and was recognized through a $188,000 adjustment to retained earnings, net of tax. Under ASC 326, the allowance for credit losses is a valuation account that is deducted from the amortized cost basis of loans to present the net amount expected to be collected on the loans. Loans, or portions thereof, are charged-off against the allowance when they are deemed uncollectible. The Company’s allowance for credit losses on loans consists of two components: (1) a specific valuation allowance based on probable losses on specifically identified loans and (2) a general valuation allowance based on historical loan loss experience, general economic conditions and other qualitative risk factors both internal and external to the Company. The Company uses the open pool life method to estimate expected losses for all of the Company’s loan pools. The loan portfolio pools were selected in order to generally align with the loan categories specified in the quarterly call reports required to be filed with the Federal Financial Institutions Examination Council, except for the dental, SBA and USDA loans, are segregated in separate pools. Loans that do not share risk characteristics are evaluated on an individual basis and are not included in the collective evaluation. In setting the specific valuation allowance, the Company follows a loan review program to evaluate the credit risk in the total loan portfolio and assigns risk grades to each loan. Through this loan review process, the Company maintains an internal list of impaired loans, which along with the delinquency list of loans, helps management assess the overall quality of the loan portfolio and the adequacy of the allowance for credit losses. All loans that have been identified as impaired are reviewed on a quarterly basis in order to determine whether a specific reserve is required. For certain impaired loans, the Company allocates a specific loan loss reserve primarily based on the value of the collateral securing the loan or when the discounted cash flows for the loan is lower than the carrying value of that loan. In determining the amount of the general valuation allowance, management considers factors such as historical lifetime loan loss experience, concentration risk of specific loan types, the volume, growth and composition of the Company’s loan portfolio, current economic conditions and reasonable and supportable forecasted economic conditions that may affect the borrower’s ability to pay and the value of collateral, the evaluation of the Company’s loan portfolio through its internal loan review process, general economic conditions and other qualitative risk factors both internal and external to the Company and other relevant factors in accordance with ASC Topic 326, “ Financial Instruments Credit Losses. Management estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics. The following table details activity in the allowance for credit losses by portfolio segment for the three months ended March 31, 2023 and 2022. (In thousands) Commercial and Industrial Consumer Installment Real Estate Residential Real Estate Commercial Real Estate Construction and Land SBA USDA Factored Receivables Total Three months ended: March 31, 2023 Beginning Balance $ 1,302 $ 14 $ 79 $ 899 $ 55 $ 1,505 $ 51 $ 608 $ 4,513 Impact of adopting ASC 326 1,042 13 (32 ) (308 ) 57 651 (33 ) - 1,390 Provision for credit losses - - - - - - - 43 43 Charge-offs - - - - - - - (109 ) (109 ) Recoveries - - - - - 4 - 32 36 Net recoveries (charge-offs) - - - - - 4 - (77 ) (73 ) Ending balance $ 2,344 $ 27 $ 47 $ 591 $ 112 $ 2,160 $ 18 $ 574 $ 5,873 March 31, 2022 Beginning Balance $ 1,154 $ 15 $ 76 $ 869 $ 40 $ 1,324 $ 20 $ 654 $ 4,152 Provision for credit losses 59 2 (47 ) 32 10 123 - 148 327 Charge-offs - - - - - (43 ) - (103 ) (146 ) Recoveries - - - - - 5 - 16 21 Net charge-offs - - - - - (38 ) - (87 ) (125 ) Ending balance $ 1,213 $ 17 $ 29 $ 901 $ 50 $ 1,409 $ 20 $ 715 $ 4,354 The following table presents the allowance for credit losses by type of allowance methodology as of December 31, 2022. (In thousands) Commercial and Industrial Consumer Installment Real Estate Residential Real Estate Commercial Real Estate Construction and Land SBA USDA Factored Receivables Total December 31, 2022 Loans individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Loans collectively evaluated for impairment 1,302 14 79 899 55 1,505 51 608 4,513 Ending balance $ 1,302 $ 14 $ 79 $ 899 $ 55 $ 1,505 $ 51 $ 608 $ 4,513 The following table presents the recorded investment in loans as of December 31, 2022 related to each balance in the allowance for credit losses by portfolio segment by type of allowance methodology. (In thousands) Commercial and Industrial Consumer Installment Real Estate Residential Real Estate Commercial Real Estate Construction and Land SBA USDA Factored Receivables Total December 31, 2022 Loans individually evaluated for impairment $ - $ - $ - $ - $ - $ 2,126 $ - $ - $ 2,126 Loans collectively evaluated for impairment 92,946 1,058 5,566 63,924 3,873 256,184 2,235 22,420 448,206 Ending balance $ 92,946 $ 1,058 $ 5,566 $ 63,924 $ 3,873 $ 258,310 $ 2,235 $ 22,420 $ 450,332 Management continues to closely monitor for credit changes resulting from the uncertain forecasted economic conditions, the continued rising interest rate environment, and the persistent high inflation levels in the United States and our market areas, and the ongoing COVID-19 pandemic (or any current or future variants thereof). Additional provisions for credit losses may be necessary in future periods. |
Leases
Leases | 3 Months Ended |
Mar. 31, 2023 | |
Property, Plant and Equipment [Abstract] | |
Property, Plant and Equipment Disclosure [Text Block] | Note 4. Leases The Company leases certain office facilities and office equipment under operating leases. Certain of the leases contain provisions for renewal options, escalation clauses based on increases in certain costs incurred by the lessor, as well as free rent periods and tenant improvement allowances. The Company amortizes office lease incentives and rent escalations on a straight-line basis over the life of the respective leases. The Company has obligations under operating leases that expire between 2023 and 2034 with initial non-cancellable terms in excess of one year. We recognize our operating leases on our consolidated balance sheets. Right-of-use assets represent our right to utilize the underlying asset during the lease term, while lease liability represents the obligation to make periodic lease payments over the life of the lease. As of March 31, 2023 and December 31, 2022, right-of-use assets totaled $2.2 million and $1.6 million, respectively, and are reported as other assets on our accompanying consolidated balance sheets. The related lease liabilities as of March 31, 2023 and December 31, 2022 totaled $2.2 million and $1.7 million, respectively, and are reported in other liabilities on our accompanying consolidated balance sheet. As of March 31, 2023, the weighted average remaining lease term is seventy-four months, and the weighted average discount rate is 3.99%. As of March 31, 2023, the minimum rental commitments under these noncancelable operating leases are as follows: ( In thousands) 2023 $ 207 2024 592 2025 679 2026 420 2027 137 2028 and thereafter 544 Total minimum rental payments 2,579 Less: Interest (363 ) Present value of lease liabilities $ 2,216 The Company currently receives rental income from seven tenants in its headquarters building for office space the Company does not occupy. Aggregate future minimum rentals to be received under non-cancelable leases as of March 31, 2023 were $1.0 million through 2028 were as follows: (In thousands) 2023 $ 217 2024 235 2025 205 2026 176 2027 and thereafter 178 Total minimum rental payments $ 1,011 |
Goodwill and Core Deposit Intan
Goodwill and Core Deposit Intangible | 3 Months Ended |
Mar. 31, 2023 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Goodwill and Intangible Assets Disclosure [Text Block] | Note 5. Goodwill and Core Deposit Intangible Goodwill and core deposit intangible assets were as follows: (In thousands) March 31, 2023 December 31, 2022 Goodwill $ 21,440 $ 21,440 Core deposit intangible, net 517 569 Core deposit intangible is amortized on a straight line basis over the initial estimated lives of the deposits, which range from five to twelve years. The core deposit intangible amortization totaled $52,000 and $50,000 for the three months ended March 31, 2023 and 2022, respectively. The carrying basis and accumulated amortization of the core deposit intangible as of March 31, 2023 and December 31, 2022 were as follows: (In thousands) March 31, 2023 December 31, 2022 Gross carrying basis $ 1,708 $ 1,708 Accumulated amortization (1,191 ) (1,139 ) Net carrying amount $ 517 $ 569 The estimated amortization expense of the core deposit intangible remaining as of March 31, 2023 is as follows: (In thousands) 2023 remaining $ 158 2024 210 2025 149 Total $ 517 |
Deposits
Deposits | 3 Months Ended |
Mar. 31, 2023 | |
Statistical Disclosure for Banks [Abstract] | |
Deposit Liabilities Disclosures [Text Block] | Note 6. Deposits Deposits were as follows : (In thousands, except percentages) March 31, 2023 December 31, 2022 Non-interest bearing demand $ 106,434 21 % $ 94,187 19 % Interest-bearing demand (NOW) 5,515 1 6,216 1 Money market accounts 112,290 22 122,880 25 Savings accounts 7,619 2 8,052 2 Time deposits 276,582 54 261,690 53 Total $ 508,440 100 % $ 493,025 100 % The aggregate amount of demand deposit overdrafts that have been reclassified as loans as of March 31, 2023 and December 31, 2022 was insignificant. |
Borrowed Funds and Subordinated
Borrowed Funds and Subordinated Notes | 3 Months Ended |
Mar. 31, 2023 | |
Debt Disclosure [Abstract] | |
Debt Disclosure [Text Block] | Note 7. Borrowed Funds and Subordinated Notes The Company has a blanket lien credit line with the FHLB with borrowing capacity of $58.5 million secured by commercial loans. The Company determines its borrowing needs and utilizes overnight advance accordingly at varying terms. The Company had no borrowings with FHLB as of March 31, 2023 and December 31, 2022. The Company also has a credit line with the FRB with borrowing capacity of $27.4 million, secured by commercial loans. The Company had no borrowings under this line from the FRB as of March 31, 2023 and December 31, 2022. As part of the BTFP, the Federal Reserve offered loans of up to one year in length to banks and other eligible depository institutions pledging U.S. treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral, which are assessed at par value. The Bank pledged AFS securities with par value of $22.5 million to provide additional liquidity to meet the needs of depositors as of March 31, 2023. The Company had no borrowings related to the BTFP as of March 31, 2023. As of March 31, 2023 and December 31, 2022, the Company also had outstanding subordinated notes totaling $12.0 million, consisting of $8.0 million issued in 2017 bearing an interest rate of three month LIBOR plus 5.125%, with interest payable quarterly and maturing on July 20, 2027, at which all principal is due, and $4.0 million issued in 2018 bearing a fixed interest rate of 7.125% payable semi-annually up to July 18, 2023, and converting to variable rate at three month LIBOR plus 5.125% payable quarterly, and maturing on March 31, 2028. The subordinated notes are unsecured and subordinated in right of payment to the payment of our existing and future senior indebtedness and structurally subordinated to all existing and future indebtedness of our subsidiaries. |
Benefit Plans
Benefit Plans | 3 Months Ended |
Mar. 31, 2023 | |
Retirement Benefits [Abstract] | |
Retirement Benefits [Text Block] | Note 8. Benefit Plans The Company funds certain costs for medical benefits in amounts determined at the discretion of management. The Company has a retirement savings 401(k) plan covering substantially all employees of the Bank, and a second plan covering substantially all employees of Sanders Morris, Tectonic Advisors and the Company. Under the plans, the Company matches 100% of the employee’s contribution on the first 1% of the employee’s compensation, and 50% of the employee’s contribution on the next 5% of the employee’s compensation. An eligible employee may contribute up to the annual maximum contribution allowed for a given year under guidance from the Internal Revenue Service. At its discretion, the Company may also make additional annual contributions to the plans. Any discretionary contributions are allocated to employees in the proportion of employee contributions to the total contributions of all participants in the plans. No discretionary contributions were made during the three months ended March 31, 2023 and 2022. The amount of employer contributions charged to expense under the two plans was $208,000 and $188,000 for the three months ended March 31, 2023 and 2022, respectively, and is included in salaries and employee benefits on the consolidated statements of income. There was no accrual payable to the plans as of March 31, 2023 and December 31, 2022. |
Income Taxes
Income Taxes | 3 Months Ended |
Mar. 31, 2023 | |
Income Tax Disclosure [Abstract] | |
Income Tax Disclosure [Text Block] | Note 9. Income Taxes Income tax expense was approximately $1.3 million and $1.0 million for the three months ended March 31, 2023 and 2022, respectively. The Company’s effective income tax rate was 21.4% and 19.6% for the three months ended March 31, 2023 and 2022, respectively. The effective rates differed due to the effect of nondeducible expenses related to stock options, which resulted in a lower effective income tax rate during the three months ended March 31, 2022 compared to the three months ending March 31, 2023. Net deferred tax assets totaled $1.3 million and $636,000 at March 31, 2023 and December 31, 2022, respectively. The Company files U.S. federal and state income tax returns. |
Stock Compensation Plans
Stock Compensation Plans | 3 Months Ended |
Mar. 31, 2023 | |
Share-Based Payment Arrangement [Abstract] | |
Share-Based Payment Arrangement [Text Block] | Note 10. Stock Compensation Plans The board of directors and shareholders adopted the Tectonic Financial, Inc. 2017 Equity Incentive Plan (“Plan”) in May 2017 in connection with the Company’s acquisition of TBI. The Plan was amended and restated by the Company and its shareholders effective March 27, 2019 in connection with the Company’s initial public offering. The Plan is administered by the Compensation Committee of the Company’s board of directors and authorizes the granting of stock options, stock appreciation rights, restricted stock and restricted stock units to employees, directors and consultants in order to promote the success of the Company’s business. Incentive stock options may be granted only to employees of the Company, or a parent or subsidiary of the Company. The Company reserved 750,000 authorized shares of common stock for the Plan. The term of each stock option is no longer than 10 years from the date of the grant. The Company accounts for stock-based employee compensation plans using the fair value-based method of accounting. The fair value of each stock option award is estimated on the date of grant by a third party using a closed form option valuation (Black-Scholes) model. The fair value of each grant award was estimated on the date of grant by a third party using the market approach based on the application of latest 12-month Company metrics to guideline public company multiples. On September 27, 2021, 40,000 shares of restricted stock of the Company with an exercise price of $10.00 per share and an intrinsic value of $6.92 per share were granted with a contract life through December 31, 2021. Sanders Morris issued a full recourse secured promissory note at the time of the grant. These shares of restricted stock vested immediately, and were exercised on October 29, 2021, with the grantees utilizing the proceeds of the promissory note from Sanders Morris to fund the exercise price. This note receivable is recognized within a contra-equity account, with payments by the grantees reducing this balance as they occur. As of March 31, 2023 and December 31, 2022, the note receivable balance was $200,000 and $250,000, respectively. The shares are subject to a right of repurchase by the Company under certain circumstances through December 31, 2023. There were no stock options granted, vested, or forfeited during the three months ended March 31, 2023. During the three months ended March 31, 2022, options on 10,000 shares of the Company’s common stock were exercised at $4.30 per share. The number of options outstanding as of March 31, 2023 and December 31, 2022 was 167,500 and 180,000, respectively, and the weighted average exercise price at each of March 31, 2023 and December 31, 2022 was $5.51. The weighted average contractual life as of March 31, 2023 and December 31, 2022 was 4.12 years and 4.37 years, respectively. Stock options outstanding at the end of the period had immaterial aggregate intrinsic values. The weighted-average grant date fair value of the options at each of March 31, 2023 and December 31, 2022 was $1.98. As of March 31, 2023, all 167,500 stock options outstanding were vested, and unrecognized compensation cost totaled $81,000, all of which was related to the right of repurchase period for the 40,000 shares of restricted stock issued and exercised in 2021. The Company recorded compensation expense on a straight-line basis over the vesting periods, and for the 40,000 shares of restricted stock granted September 27, 2021, over the right of repurchase period. The Company recorded salaries and employee benefits expense on our consolidated statements of income in connection with the Plan of approximately $20,000 and $17,000 for the three months ended March 31, 2023 and 2022, respectively, related to the stock options. The Company granted restricted stock awards totaling 210,000 shares of common stock on September 30, 2020. The vesting schedules vary by award, with all of the awards vesting over a three-year period from 2023 through 2025. As of March 31, 2023 and December 31, 2022, 170,000 awarded shares of restricted stock were outstanding, and the grant date fair value was $4.81. None of the outstanding restricted stock awards were vested as of March 31, 2023 and December 31, 2022. The weighted average contractual life as of March 31, 2023 and December 31, 2022 was 1.29 years and 1.54 years, respectively. The Company is recording compensation expense on a straight-line basis over the respective vesting periods. The Company recorded salaries and employee benefits expense on our consolidated statements of income in connection with the Plan of approximately $55,000 and $69,000 for the three months ended March 31, 2023 and 2022, respectively, related to the restricted stock awards. As of March 31, 2023, there was $264,000 of unrecognized compensation cost related to the restricted stock awards. |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended |
Mar. 31, 2023 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies Disclosure [Text Block] | Note 11. Commitments and Contingencies The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the accompanying balance sheets. The Company’s exposure to credit loss in the event of non-performance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. 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 many of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The following table summarizes loan commitments: (In thousands) March 31, 2023 December 31, 2022 Undisbursed loan commitments $ 51,348 $ 43,427 Standby letters of credit 162 161 Total $ 51,510 $ 43,588 Allowance For Credit Losses - Off-Balance-Sheet Credit Exposures. The following table details activity in the allowance for credit losses on off-balance-sheet commitments. Three Months Ended March 31, (In thousands) 2023 Beginning balance, prior to adoption of ASC 326 $ - Impact of adopting ASC 326 238 Provision for off-balance sheet credit exposure 35 Ending balance $ 273 The Company is involved in various regulatory inspections, inquiries, investigations and proceedings, and litigation matters that arise from time to time in the ordinary course of business. The process of resolving matters through litigation or other means is inherently uncertain, and it is possible that an unfavorable resolution of these matters, will adversely affect the Company, its results of operations, financial condition and cash flows. The Company’s regular practice is to expense legal fees as services are rendered in connection with legal matters, and to accrue for liabilities when payment is probable. The Company, through its wholly owned subsidiary Sanders Morris, has uncommitted financing arrangements with clearing brokers that finance its customer accounts, certain broker-dealer balances, and firm trading positions. Although these customer accounts and broker-dealer balances are not reflected on the consolidated balance sheets for financial reporting purposes, Sanders Morris has generally agreed to indemnify these clearing brokers for losses they may sustain in connection with the accounts, and therefore, retains risk on these accounts. Sanders Morris is required to maintain certain cash or securities on deposit with its clearing brokers. Deposits with clearing organizations were $250,000 at each of March 31, 2023 and December 31, 2022. Employment Agreements The Company is party to amended and restated employment agreements with Patrick Howard, President and Chief Operating Officer of the Company, and Ken Bramlage, Executive Vice President and Chief Financial Officer of the Company. In addition, the Company entered into an employment agreement with A. Haag Sherman, Chief Executive Officer of the Company, in connection with the Company’s merger with Tectonic Holdings and its initial public offering. Messrs. Sherman and Howard’s employment agreements have a four year term and Mr. Bramlage’s employment agreement has a three year term. Each employment agreement is automatically renewable for an additional one-year term unless either party elects not to renew. |
Related Parties
Related Parties | 3 Months Ended |
Mar. 31, 2023 | |
Related Party Transactions [Abstract] | |
Related Party Transactions Disclosure [Text Block] | Note 12. Related Parties Advisors service agreements: CWA Fee Allocation Agreement: During the fourth quarter of 2021, Sanders Morris issued a note receivable in the amount of $400,000 related to the exercise of restricted stock options which were granted to employees of Sanders Morris on September 27, 2021. See Note 10 - Stock Compensation Plans As of March 31, 2023 and December 31, 2022, certain officers, directors and their affiliated companies had depository accounts with the Bank totaling approximately $6.6 million and $8.3 million, respectively. None of those deposit accounts have terms more favorable than those available to any other depositor. There were no loans outstanding to directors of the Bank or their affiliated companies as of March 31, 2023 and December 31, 2022. |
Regulatory Matters
Regulatory Matters | 3 Months Ended |
Mar. 31, 2023 | |
Disclosure Text Block [Abstract] | |
Regulatory Capital Requirements under Banking Regulations [Text Block] | Note 13. Regulatory Matters The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s and, accordingly, the Company’s business, results of operations and financial condition. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items as calculated under GAAP, regulatory reporting requirements, and regulatory capital standards. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Furthermore, the Bank’s regulators could require adjustments to regulatory capital not reflected in these financial statements. Quantitative measures established by regulatory capital standards to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and tier 1 capital to risk-weighted assets, common equity Tier 1 (“CET1”) capital to total risk-weighted assets, and of tier 1 capital to average assets. To be categorized as “well-capitalized” under the prompt corrective action framework, the Bank must maintain (i) a Total risk-based capital ratio of 10%; (ii) a Tier 1 risk-based capital ratio of 8%; (iii) a Tier 1 leverage ratio of 5%; and (iv) a CET1 risk-based capital ratio of 6.5%. The Basel III minimum capital ratio requirements and additional capital conservation buffers as applicable to the Company and the Bank as of March 23, 2023 are summarized in the table below. BASEL III Minimum for Capital Adequacy Requirements BASEL III Additional Capital Conservation Buffer BASEL III Ratio with Capital Conservation Buffer Total Risk Based Capital (total capital to risk weighted assets) 8.0 % 2.5 % 10.5 % Tier 1 Risk Based Capital (tier 1 to risk weighted assets) 6.0 % 2.5 % 8.5 % Common Equity Tier 1 Risk Based ( CET1 to risk weighted assets) 4.5 % 2.5 % 7.0 % Tier 1 Leverage Ratio (tier 1 to average assets) 4.0 % - % 4.0 % Accordingly, a financial institution may be considered “well capitalized” under the prompt corrective action framework, but not satisfy the buffered Basel III capital ratios. As of March 31, 2023 and December 31, 2022, the Company met the definition of “well-capitalized” under the applicable regulations of the Federal Reserve and the Bank’s regulatory capital ratios were in excess of the capital conservation buffer and the levels established for “well capitalized” institutions under the FDIC’s regulatory framework for prompt corrective action and the Basel III capital guidelines. The regulatory capital ratios of the Company and the Bank are as follows: Actual Minimum Capital Required - Basel III Required to be Considered Well Capitalized (In thousands, except percentages) Amount Ratio Amount Ratio Amount Ratio As of March 31, 2023 Total Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) $ 84,571 21.21 % $ 41,864 10.50 % $ 39,870 10.00 % T Bank, N.A. 84,698 21.45 41,424 10.50 39,452 10.00 Tier 1 Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 79,587 19.96 33,890 8.50 31,896 8.00 T Bank, N.A. 79,751 20.21 33,534 8.50 31,562 8.00 Common Equity Tier 1 (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 62,337 15.63 27,909 7.00 25,916 6.50 T Bank, N.A. 79,751 20.21 27,616 7.00 25,644 6.50 Tier 1 Capital (to Average Assets) Tectonic Financial, Inc. (consolidated) 79,587 12.34 25,807 4.00 32,259 5.00 T Bank, N.A. 79,751 12.51 25,495 4.00 31,869 5.00 As of December 31, 2022 Total Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) $ 81,317 20.21 % $ 42,243 10.50 % $ 40,232 10.00 % T Bank, N.A. 81,279 20.42 41,786 10.50 39,796 10.00 Tier 1 Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 76,805 19.09 34,197 8.50 32,185 8.00 T Bank, N.A. 76,767 19.29 33,826 8.50 31,837 8.00 Common Equity Tier 1 (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 59,555 14.80 28,162 7.00 26,150 6.50 T Bank, N.A. 76,767 19.29 27,857 7.00 25,867 6.50 Tier 1 Capital (to Average Assets) Tectonic Financial, Inc. (consolidated) 76,805 13.27 23,153 4.00 28,941 5.00 T Bank, N.A. 76,767 13.47 22,795 4.00 28,494 5.00 Dividend Restrictions In addition to the regulatory requirements of the federal banking agencies, Sanders Morris and Tectonic Advisors are subject to the regulatory framework applicable to registered investment advisors under the SEC’s Division of Investment Management, and additionally, Sanders Morris is regulated by FINRA, which, among other requirements, imposes minimums on its net regulatory capital. |
Operating Segments
Operating Segments | 3 Months Ended |
Mar. 31, 2023 | |
Segment Reporting [Abstract] | |
Segment Reporting Disclosure [Text Block] | Note 14. Operating Segments The Company’s reportable segments consist of “Banking,” “Other Financial Services,” and “HoldCo” operations. The “Banking” segment consists of operations relative to the Company’s full service banking operations, including providing depository and lending services to individual and business customers, and other related banking services, along with services provided through the factoring operations of the Bank’s Integra division. The “Other Financial Services” segment includes managed and directed brokerage, investment advisory services, including related trust company operations, third party administration, and life and disability insurance brokerage services to both individuals and businesses. The “HoldCo” operations include the operations and subordinated debt held at the Bank’s immediate parent, as well as the activities of the financial holding company which serves as TBI’s parent. The tables below present the financial information for each segment that is specifically identifiable, or based on allocations using internal methods, for the three months ended March 31, 2023 and 2022: (In thousands) Banking Other Financial Services HoldCo Consolidated Three Months Ended March 31, 2023 Income Statement Total interest income $ 10,913 $ - $ - $ 10,913 Total interest expense 3,605 - 265 3,870 Provision for credit losses 78 - - 78 Net interest income (loss) after provision for credit losses 7,230 - (265 ) 6,965 Non-interest income 884 9,817 - 10,701 Depreciation and amortization expense 96 16 - 112 All other non-interest expense 4,002 6,906 648 11,556 Income (loss) before income tax $ 4,016 $ 2,895 $ (913 ) $ 5,998 Goodwill and other intangibles $ 19,607 $ 2,350 $ - $ 21,957 Total assets $ 617,228 $ 13,416 $ 851 $ 631,495 (In thousands) Banking Other Financial Services HoldCo Consolidated Three Months Ended March 31, 2022 Income Statement Total interest income $ 7,549 $ - $ - $ 7,549 Total interest expense 673 - 219 892 Provision for credit losses 327 - - 327 Net-interest income (loss) after provision for credit losses 6,549 - (219 ) 6,330 Non-interest income 255 9,704 - 9,959 Depreciation and amortization expense 95 16 - 111 All other non-interest expense 3,578 6,815 455 10,848 Income (loss) before income tax $ 3,131 $ 2,873 $ (674 ) $ 5,330 Goodwill and other intangibles $ 19,817 $ 2,350 $ - $ 22,167 Total assets $ 556,766 $ 10,224 $ 375 $ 567,365 |
Fair Value of Financials Instru
Fair Value of Financials Instruments | 3 Months Ended |
Mar. 31, 2023 | |
Fair Value Disclosures [Abstract] | |
Fair Value Disclosures [Text Block] | Note 15. Fair Value of Financials Instruments The fair value of an asset or liability is the price that would be received to sell that asset or paid to transfer that liability in an orderly transaction occurring in the principal market (or most advantageous market in the absence of a principal market) for such asset or liability. In estimating fair value, the Company utilizes valuation techniques that are consistent with the market approach, the income approach and/or the cost approach. Such valuation techniques are consistently applied. Inputs to valuation techniques include the assumptions that market participants would use in pricing an asset or liability. FASB ASC Topic 820, Fair Value Measurement, ● Level 1 Inputs ● Level 2 Inputs ● Level 3 Inputs Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, then fair values are estimated by using quoted prices of securities with similar characteristics or independent asset pricing services and pricing models, the inputs of which are market-based or independently sourced market parameters, including, but not limited to, yield curves, interest rates, volatilities, prepayments, defaults, cumulative loss projections and cash flows. Such securities are classified in Level 2 of the valuation hierarchy. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy. The Company has no securities in the Level 1 or Level 3 inputs. The following table summarizes securities available for sale measured at fair value on a recurring basis, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (In thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value As of March 31, 2023 Securities available for sale: U.S. Treasuries $ - $ 1,971 $ - $ 1,971 U.S. government agencies - 13,423 - 13,423 Mortgage-backed securities - 4,703 - 4,703 As of December 31, 2022 Securities available for sale: U.S. Treasuries $ - $ 1,953 $ - $ 1,953 U.S. government agencies - 13,088 - 13,088 Mortgage-backed securities - 5,592 - 5,592 Market valuations of our investment securities which are classified as level 2 are provided by an independent third party. The fair values are determined by using several sources for valuing fixed income securities. Their techniques include pricing models that vary based on the type of asset being valued and incorporate available trade, bid and other market information. In accordance with the fair value hierarchy, the market valuation sources include observable market inputs and are therefore considered Level 2 inputs for purposes of determining the fair values. The Company considers transfers between the levels of the hierarchy to be recognized at the end of related reporting periods. During the three months ended March 31, 2023, no assets for which fair value is measured on a recurring basis transferred between any levels of the hierarchy. Certain financial assets and financial liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). Financial assets measured at fair value on a non-recurring basis during the reported periods include impaired loans and loans held for sale. Impaired loans. The significant unobservable inputs (Level 3) used in the fair value measurement of collateral for collateral-dependent impaired loans primarily relate to the specialized discounting criteria applied to the borrower’s reported amount of collateral. The amount of the collateral discount depends upon the condition and marketability of the collateral, as well as other factors which may affect the collectability of the loan. As the Company’s primary objective in the event of default would be to liquidate the collateral to settle the outstanding balance of the loan, collateral that is less marketable would receive a larger discount. During the reported periods, there were no discounts for collateral-dependent impaired loans. The valuation of our not readily marketable investment securities which are classified as Level 3 are based on the Company’s own assumptions and inputs that are both significant to the fair value measurement, and are unobservable. Our assessment of the significance of a particular input to the Level 3 fair value measurements in their entirety requires judgment and considers factors specific to the assets. It is reasonably possible that a change in the estimated fair value for instruments measured using Level 3 inputs could occur in the future. Loans held for sale. Non-financial assets measured at fair value on a non-recurring basis during the reported periods include other real estate owned which, upon initial recognition, was re-measured and reported at fair value through a charge-off to the allowance for credit losses. Additionally, foreclosed assets which, subsequent to their initial recognition, are re-measured at fair value through a write-down included in other non-interest expense. Regulatory guidelines require the Company to reevaluate the fair value of foreclosed assets on at least an annual basis. The fair value of foreclosed assets, upon initial recognition and impairment, are re-measured using Level 2 inputs based on observable market data. Estimated fair value of other real estate is based on appraisals. Appraisers are selected from the list of approved appraisers maintained by management. As of March 31, 2023 and December 31, 2022, there were no foreclosed assets. There were no foreclosed assets re-measured during the three months ended March 31, 2023 and 2022. The methods and assumptions used to estimate fair value of financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or non-recurring basis are described as follows: Carrying amount is the estimated fair value for cash and cash equivalents, restricted securities, accrued interest receivable and accrued interest payable. The estimated fair value of demand and savings deposits is the carrying amount since rates are regularly adjusted to market rates and amounts are payable on demand. For borrowed funds and variable rate loans or deposits that re-price frequently and fully, the estimated fair value is the carrying amount. For fixed rate loans or deposits and for variable rate loans or deposits with infrequent re-pricing, fair value is based on discounted cash flows using current market rates applied to the estimated life and credit risk. For loans held for sale, the estimated fair value is based on market indications for similar assets in the active market. The estimated fair value of other financial instruments and off-balance-sheet loan commitments approximate cost and are not considered significant to this presentation. The Company adds a servicing asset when loans are sold and the servicing is retained, and uses the amortization method for the treatment of the servicing asset. The servicing asset is carried at lower of cost or fair value. Loan servicing assets do not trade in an active, open market with readily observable prices. Accordingly, fair value is estimated using a discounted cash flow model having significant inputs of discount rate, prepayment speed and default rate. Due to the nature of the valuation inputs, servicing rights are classified within Level 3 of the hierarchy. During the three months ended March 31, 2023, the Company added servicing assets totaling $38,000 in connection with the sale of a $5.8 million USDA loan. There was no sale of loans during the three months ended March 31, 2022. There was no allowance provision for servicing assets for the three months ended March 31, 2023 and 2022. FASB ASC Topic 825, Financial Instruments Securities held to maturity Loans. Deposits. Borrowed Funds. Loan Commitments, Standby and Commercial Letters of Credit. Carrying amounts and estimated fair values of other financial instruments by level of valuation input were as follows: March 31, 2023 (In thousands) Carrying Amount Estimated Fair Value Financial assets: Level 1 inputs: Cash and cash equivalents $ 76,207 $ 76,207 Level 2 inputs: Securities available for sale 20,097 20,097 Securities, restricted 4,109 4,109 Loans held for sale 13,503 14,657 Accrued interest receivable 3,500 3,500 Level 3 inputs: Securities held to maturity 25,133 26,341 Securities not readily marketable 100 100 Loans, net 449,313 438,621 Servicing asset 350 350 Financial liabilities: Level 1 inputs: Non-interest bearing deposits 106,434 106,434 Level 2 inputs: Interest bearing deposits 402,006 396,957 Subordinated notes 12,000 12,000 Accrued interest payable 584 584 December 31, 2022 (In thousands) Carrying Amount Estimated Fair Value Financial assets: Level 1 inputs: Cash and cash equivalents $ 42,155 $ 42,155 Level 2 inputs: Securities available for sale 20,633 20,633 Securities, restricted 3,496 3,496 Loans held for sale 33,902 36,470 Accrued interest receivable 3,102 3,102 Level 3 inputs: Securities held to maturity 25,262 26,482 Securities not readily marketable 100 100 Loans, net 445,819 438,956 Servicing asset 324 324 Financial liabilities: Level 1 inputs: Non-interest bearing deposits 94,187 94,187 Level 2 inputs: Interest bearing deposits 398,838 398,806 Borrowed funds 12,000 12,000 Accrued interest payable 592 592 |
Recent Accounting Pronouncement
Recent Accounting Pronouncements | 3 Months Ended |
Mar. 31, 2023 | |
Accounting Standards Update and Change in Accounting Principle [Abstract] | |
Accounting Standards Update and Change in Accounting Principle [Text Block] | Note 16. Recent Accounting Pronouncements The Company has evaluated new accounting standards that have recently been issued and have determined that there are no new accounting standards that should be described in this section that will materially impact the Company’s operations, financial condition or liquidity in future periods. |
Accounting Policies, by Policy
Accounting Policies, by Policy (Policies) | 3 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Basis of Accounting, Policy [Policy Text Block] | Basis of Presentation In the opinion of management, all adjustments that were normal and recurring in nature, and considered necessary, have been included for the fair presentation of the Company’s consolidated financial position and results of operations. Operating results for the three months ended March 31, 2023 are not necessarily indicative of results that may be expected for the full year ending December 31, 2023. |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates. |
Reclassification, Comparability Adjustment [Policy Text Block] | Accounting Changes, Reclassifications and Restatements. |
New Accounting Pronouncements, Policy [Policy Text Block] | New Accounting Pronouncements . The Company adopted ASC 326 using the modified retrospective method for loans and off-balance-sheet (“OBS”) credit exposures. Results for reporting periods beginning after January 1, 2023 are presented under ASC 326 while prior period amounts continue to be reported in accordance with previously applicable incurred loss model under GAAP. The Company recorded a one-time cumulative-effect adjustment to the allowance for credit losses of $1.4 million which was recognized through a $1.1 million adjustment to retained earnings, net of tax. This adjustment brought the beginning balance of the allowance for credit losses to $5.9 million as of January 1, 2023. In addition, the Company recorded a $237,505 reserve on unfunded commitments which is recorded in other liabilities in the Company’s consolidated balance sheet, and was recognized through a $188,000 adjustment to retained earnings, net of tax. The Company adopted ASC 326 using the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to January 1, 2023. As of December 31, 2022, the Company did not have any other-than-temporarily impaired investment securities. Therefore, upon adoption of ASC 326, the Company determined that an allowance for credit losses on debt securities was not required. ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures , |
Earnings Per Share, Policy [Policy Text Block] | Earnings per Share Three months ended March 31, (In thousands, except per share data) 2023 2022 Net income available to common shareholders $ 4,326 $ 3,897 Average shares outstanding 7,069 7,059 Effect of dilutive securities 226 252 Average diluted shares outstanding 7,295 7,311 Basic earnings per share $ 0.61 $ 0.55 Diluted earnings per share $ 0.59 $ 0.53 As of March 31, 2023, options to purchase 167,500 shares of common stock, with a weighted average exercise price of $5.51, were included in the computation of diluted net earnings per share. In addition, as of March 31, 2023, 170,000 shares of restricted stock grants with a grant date fair value of $4.81 per share which vest from 2023 through 2025 were included in the diluted earnings per share calculation. |
Organization and Significant _2
Organization and Significant Accounting Policies (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Basic earnings per share (“EPS”) is computed based on the weighted-average number of shares outstanding during each year. Diluted EPS is computed using the weighted-average shares and all potential dilutive shares outstanding during the period. The following table sets forth the computation of basic and diluted EPS for the following periods: Three months ended March 31, (In thousands, except per share data) 2023 2022 Net income available to common shareholders $ 4,326 $ 3,897 Average shares outstanding 7,069 7,059 Effect of dilutive securities 226 252 Average diluted shares outstanding 7,295 7,311 Basic earnings per share $ 0.61 $ 0.55 Diluted earnings per share $ 0.59 $ 0.53 |
Securities (Tables)
Securities (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Investments, Debt and Equity Securities [Abstract] | |
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block] | A summary of amortized cost, fair value and allowance for credit losses of securities is presented below as of the dates indicated. March 31, 2023 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Estimated Fair Value Securities available for sale U.S. Treasuries $ 1,995 $ - $ 25 $ - $ 1,971 U.S. government agencies 15,701 - 2,278 - 13,423 Mortgage-backed securities 4,970 - 266 - 4,703 Total securities available for sale $ 22,666 $ - $ 2,569 $ - $ 20,097 Securities held to maturity Property assessed clean energy $ 1,450 $ 114 $ - $ - $ 1,564 Public improvement district/tax increment reinvestment zone 23,683 1,137 43 - 24,777 Total securities held to maturity $ 25,133 $ 1,251 $ 43 $ - $ 26,341 Securities, restricted: Other $ 4,109 $ - $ - $ - $ 4,109 Securities not readily marketable $ 100 $ - $ - $ - $ 100 December 31, 2022 (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available for sale U.S. Treasuries $ 1,990 $ - $ 37 $ 1,953 U.S. government agencies 15,715 - 2,627 13,088 Mortgage-backed securities 5,925 - 333 5,592 Total securities available for sale $ 23,630 $ - $ 2,997 $ 20,633 Securities held to maturity Property assessed clean energy $ 1,596 $ 126 $ - $ 1,722 Public improvement district/tax increment reinvestment zone 23,666 1,137 43 24,760 Total securities held to maturity $ 25,262 $ 1,263 $ 43 $ 26,482 Securities, restricted: Other $ 3,496 $ - $ - $ 3,496 Securities not readily marketable $ 100 $ - $ - $ 100 |
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block] | The table below indicates the length of time individual investment securities have been in a continuous loss position as of March 31, 2023 Less than 12 months 12 months or longer Total (In thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized U.S. Treasuries $ 1,971 $ 25 $ - $ - $ 1,971 $ 25 U.S. government agencies - - 13,423 $ 2,278 13,423 2,278 Mortgage-backed securities 4,159 229 544 37 4,703 266 Total $ 6,130 $ 254 $ 13,967 $ 2,315 $ 20,097 $ 2,569 |
Investments Classified by Contractual Maturity Date [Table Text Block] | The amortized cost and estimated fair value of securities available for sale as of March 31, 2023 are presented in the table below by contractual maturity. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Residential mortgage-backed securities are shown separately since they are not due at a single maturity date. Available for Sale (In thousands) Amortized Cost Estimated Due in one year or less $ 996 $ 992 Due after one year through five years 10,996 9,747 Due after five years through ten years 2,101 1,855 Due after ten years 3,603 2,800 Mortgage-backed securities 4,970 4,703 Total $ 22,666 $ 20,097 |
Loans and Allowance for Loan _2
Loans and Allowance for Loan Losses (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Receivables [Abstract] | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | Major classifications of loans held for investment are as follows as of the dates indicated: (In thousands) March 31, 2023 December 31, 2022 Commercial and industrial $ 86,240 $ 92,946 Consumer installment 1,012 1,058 Real estate – residential 6,896 5,566 Real estate – commercial 74,171 63,924 Real estate – construction and land 19,127 3,873 SBA: SBA 7(a) guaranteed 162,377 149,374 SBA 7(a) unguaranteed 49,834 56,268 SBA 504 30,848 52,668 USDA 2,133 2,235 Factored receivables 22,548 22,420 Gross loans 455,186 450,332 Less: Allowance for credit losses 5,873 4,513 Net loans $ 449,313 $ 445,819 |
Financing Receivable, Nonaccrual [Table Text Block] | Non-accrual loans, segregated by class of loans, were as follows as of the dates indicated: (In thousands) March 31, 2023 December 31, 2022 Non-accrual loans: Real estate – residential $ 135 $ 138 SBA guaranteed 2,221 2,221 SBA unguaranteed 107 107 Total $ 2,463 $ 2,466 |
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block] | The following table presents the amortized cost basis of collateral-dependent loans by class of loans as of March 31, 2023: (In thousands) Residential Real Estate Real estate – residential $ 135 SBA unguaranteed 107 Total $ 242 |
Impaired Financing Receivables [Table Text Block] | The Company’s impaired loans and related allowance is summarized in the following table as of December 31, 2022: Unpaid Recorded Recorded Contractual Investment Investment Total Average Interest Principal With No With Recorded Related Recorded Income (In thousands) Balance Allowance Allowance Investment Allowance Investment Recognized Year Ended Commercial and industrial $ - $ - $ - $ - $ - $ 181 $ - SBA 2,759 2,126 - 2,126 - 2,287 - Total $ 2,759 $ 2,126 $ - $ 2,126 $ - $ 2,468 $ - |
Financing Receivable, Past Due [Table Text Block] | Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. The Company’s past due loans (including both accruing and non-accruing loans) are as follows as of the dates indicated: 30-89 Days 90 Days or Total Total Total 90 Or More Days Past Due (In thousands) Past Due More Past Due Past Due Current Loans Still Accruing March 31, 2023 Commercial and industrial $ 15 $ - $ 15 $ 86,225 $ 86,240 $ - Consumer installment - - - 1,012 1,012 - Real estate – residential 136 - 136 6,760 6,896 - Real estate – commercial - - - 74,171 74,171 - Real estate – construction and land - - - 19,127 19,127 - SBA - 2,327 2,327 240,732 243,059 - USDA - - - 2,133 2,133 - Factored Receivables 564 62 626 21,922 22,548 62 Total $ 715 $ 2,389 $ 3,104 $ 452,082 $ 455,186 $ 62 December 31, 2022 Commercial and industrial $ 395 $ - $ 395 $ 92,551 $ 92,946 $ - Consumer installment - - - 1,058 1,058 - Real estate – residential 138 - 138 5,428 5,566 - Real estate – commercial - 206 206 63,718 63,924 206 Real estate – construction and land - - - 3,873 3,873 - SBA - 2,327 2,327 255,983 258,310 - USDA - - - 2,235 2,235 - Factored receivables 966 132 1,098 21,322 22,420 132 Total $ 1,499 $ 2,665 $ 4,164 $ 446,168 $ 450,332 $ 338 |
Financing Receivable, Cost Basis of Loans [Table Text Block] | The following table summarizes the amortized cost basis of loans by year of origination and internal ratings as of March 31, 2023: Term Loans by Origination Year Revolving Loans 2023 2022 2021 2020 2019 Prior Total (In thousands) Commercial and industrial Pass $ 2,948 $ 29,671 $ 20,340 $ 9,625 $ 6,310 $ 14,728 $ 2,618 $ 86,240 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 2,948 $ 29,671 $ 20,340 $ 9,625 $ 6,310 $ 14,728 $ 2,618 $ 86,240 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Consumer installment Pass $ 229 $ 162 $ 301 $ 83 $ 100 $ 117 $ 20 $ 1,012 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 229 $ 162 $ 301 $ 83 $ 100 $ 117 $ 20 $ 1,012 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Real estate - residential Pass $ - $ 4,069 $ 1,676 $ 765 $ - $ 250 $ - $ 6,760 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - 136 - 136 Doubtful - - - - - - - - Total $ - $ 4,069 $ 1,676 $ 765 $ - $ 386 $ - $ 6,896 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Term Loans by Origination Year Revolving Loans 2023 2022 2021 2020 2019 Prior Total Real estate - commercial Pass $ 1,080 $ 24,003 $ 19,315 $ 5,002 $ 9,080 $ 15,691 $ - $ 74,171 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 1,080 $ 24,003 $ 19,315 $ 5,002 $ 9,080 $ 15,691 $ - $ 74,171 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Real estate construction/land Pass $ 2,359 $ 10,621 $ 6,147 $ - $ - $ - $ - $ 19,127 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 2,359 $ 10,621 $ 6,147 $ - $ - $ - $ - $ 19,127 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - SBA 7a gty and ungty Pass $ 1,381 $ 51,780 $ 65,679 $ 24,240 $ 15,476 $ 23,457 $ - $ 182,013 Pass-watch - - 3,461 3,826 5,337 11,630 - 24,254 Special mention - - 89 1,275 1,241 2,402 - 5,007 Substandard - - - - 379 558 - 937 Doubtful - - - - - - - - Total $ 1,381 $ 51,780 $ 69,229 $ 29,341 $ 22,433 $ 38,047 $ - $ 212,211 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - SBA 504 Pass $ - $ 4,000 $ 2,649 $ 7,623 $ 6,702 $ 9,874 $ - $ 30,848 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ - $ 4,000 $ 2,649 $ 7,623 $ 6,702 $ 9,874 $ - $ 30,848 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - USDA Pass $ - $ 1,324 $ - $ - $ - $ 809 $ - $ 2,133 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ - $ 1,324 $ - $ - $ - $ 809 $ - $ 2,133 Current period gross write-offs: $ - $ - $ - $ - $ - $ - $ - $ - Factored Receivables Pass $ 22,325 $ 223 $ - $ - $ - $ - $ - $ 22,548 Pass-watch - - - - - - - - Special mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - Total $ 22,325 $ 223 $ - $ - $ - $ - $ - $ 22,548 Current period gross write-offs: $ 48 $ 61 $ - $ - $ - $ - $ - $ 109 Total Pass $ 30,322 $ 125,853 $ 116,107 $ 47,338 $ 37,668 $ 64,926 $ 2,638 $ 424,852 Pass-watch - - 3,461 3,826 5,337 11,630 - 24,254 Special mention - - 89 1,275 1,241 2,402 - 5,007 Substandard - - - - 379 694 - 1,073 Doubtful - - - - - - - - Total $ 30,322 $ 125,853 $ 119,657 $ 52,439 $ 44,625 $ 79,652 $ 2,638 $ 455,186 Current period gross write-offs $ 48 $ 61 $ - $ - $ - $ - $ - $ 109 |
Financing Receivable Credit Quality Indicators [Table Text Block] | The following table summarizes the Company’s internal ratings of its loans in accordance with previously applicable incurred loss model under GAAP as of December 31, 2022: Pass- Special (In thousands) Pass Watch Mention Substandard Doubtful Total Commercial and industrial $ 92,551 $ 395 $ - $ - $ - $ 92,946 Consumer installment 1,058 - - - - 1,058 Real estate – residential 5,428 - - 138 - 5,566 Real estate – commercial 63,718 - - 206 - 63,924 Real estate – construction and land 3,873 - - - - 3,873 SBA 231,914 20,665 4,778 953 - 258,310 USDA 2,235 - - - - 2,235 Factored receivables 22,420 - - - - 22,420 Total $ 423,197 $ 21,060 $ 4,778 $ 1,297 $ - $ 450,332 |
Financing Receivable, Allowance for Credit Loss [Table Text Block] | The following table details activity in the allowance for credit losses by portfolio segment for the three months ended March 31, 2023 and 2022. (In thousands) Commercial and Industrial Consumer Installment Real Estate Residential Real Estate Commercial Real Estate Construction and Land SBA USDA Factored Receivables Total Three months ended: March 31, 2023 Beginning Balance $ 1,302 $ 14 $ 79 $ 899 $ 55 $ 1,505 $ 51 $ 608 $ 4,513 Impact of adopting ASC 326 1,042 13 (32 ) (308 ) 57 651 (33 ) - 1,390 Provision for credit losses - - - - - - - 43 43 Charge-offs - - - - - - - (109 ) (109 ) Recoveries - - - - - 4 - 32 36 Net recoveries (charge-offs) - - - - - 4 - (77 ) (73 ) Ending balance $ 2,344 $ 27 $ 47 $ 591 $ 112 $ 2,160 $ 18 $ 574 $ 5,873 March 31, 2022 Beginning Balance $ 1,154 $ 15 $ 76 $ 869 $ 40 $ 1,324 $ 20 $ 654 $ 4,152 Provision for credit losses 59 2 (47 ) 32 10 123 - 148 327 Charge-offs - - - - - (43 ) - (103 ) (146 ) Recoveries - - - - - 5 - 16 21 Net charge-offs - - - - - (38 ) - (87 ) (125 ) Ending balance $ 1,213 $ 17 $ 29 $ 901 $ 50 $ 1,409 $ 20 $ 715 $ 4,354 (In thousands) Commercial and Industrial Consumer Installment Real Estate Residential Real Estate Commercial Real Estate Construction and Land SBA USDA Factored Receivables Total December 31, 2022 Loans individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Loans collectively evaluated for impairment 1,302 14 79 899 55 1,505 51 608 4,513 Ending balance $ 1,302 $ 14 $ 79 $ 899 $ 55 $ 1,505 $ 51 $ 608 $ 4,513 (In thousands) Commercial and Industrial Consumer Installment Real Estate Residential Real Estate Commercial Real Estate Construction and Land SBA USDA Factored Receivables Total December 31, 2022 Loans individually evaluated for impairment $ - $ - $ - $ - $ - $ 2,126 $ - $ - $ 2,126 Loans collectively evaluated for impairment 92,946 1,058 5,566 63,924 3,873 256,184 2,235 22,420 448,206 Ending balance $ 92,946 $ 1,058 $ 5,566 $ 63,924 $ 3,873 $ 258,310 $ 2,235 $ 22,420 $ 450,332 |
Leases (Tables)
Leases (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Property, Plant and Equipment [Abstract] | |
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | As of March 31, 2023, the minimum rental commitments under these noncancelable operating leases are as follows: ( In thousands) 2023 $ 207 2024 592 2025 679 2026 420 2027 137 2028 and thereafter 544 Total minimum rental payments 2,579 Less: Interest (363 ) Present value of lease liabilities $ 2,216 |
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block] | The Company currently receives rental income from seven tenants in its headquarters building for office space the Company does not occupy. Aggregate future minimum rentals to be received under non-cancelable leases as of March 31, 2023 were $1.0 million through 2028 were as follows: (In thousands) 2023 $ 217 2024 235 2025 205 2026 176 2027 and thereafter 178 Total minimum rental payments $ 1,011 |
Goodwill and Core Deposit Int_2
Goodwill and Core Deposit Intangible (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Schedule of Intangible Assets and Goodwill [Table Text Block] | Goodwill and core deposit intangible assets were as follows: (In thousands) March 31, 2023 December 31, 2022 Goodwill $ 21,440 $ 21,440 Core deposit intangible, net 517 569 |
Finite-Lived Intangible Assets Amortization Expense [Table Text Block] | The carrying basis and accumulated amortization of the core deposit intangible as of March 31, 2023 and December 31, 2022 were as follows: (In thousands) March 31, 2023 December 31, 2022 Gross carrying basis $ 1,708 $ 1,708 Accumulated amortization (1,191 ) (1,139 ) Net carrying amount $ 517 $ 569 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | The estimated amortization expense of the core deposit intangible remaining as of March 31, 2023 is as follows: (In thousands) 2023 remaining $ 158 2024 210 2025 149 Total $ 517 |
Deposits (Tables)
Deposits (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Statistical Disclosure for Banks [Abstract] | |
Deposit Liabilities, Type [Table Text Block] | Deposits were as follows : (In thousands, except percentages) March 31, 2023 December 31, 2022 Non-interest bearing demand $ 106,434 21 % $ 94,187 19 % Interest-bearing demand (NOW) 5,515 1 6,216 1 Money market accounts 112,290 22 122,880 25 Savings accounts 7,619 2 8,052 2 Time deposits 276,582 54 261,690 53 Total $ 508,440 100 % $ 493,025 100 % |
Commitments and Contingencies (
Commitments and Contingencies (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Commitments and Contingencies Disclosure [Abstract] | |
Schedule of Line of Credit Facilities [Table Text Block] | The following table summarizes loan commitments: (In thousands) March 31, 2023 December 31, 2022 Undisbursed loan commitments $ 51,348 $ 43,427 Standby letters of credit 162 161 Total $ 51,510 $ 43,588 |
Schedule of Fair Value, off-Balance-Sheet Risks [Table Text Block] | The following table details activity in the allowance for credit losses on off-balance-sheet commitments. Three Months Ended March 31, (In thousands) 2023 Beginning balance, prior to adoption of ASC 326 $ - Impact of adopting ASC 326 238 Provision for off-balance sheet credit exposure 35 Ending balance $ 273 |
Regulatory Matters (Tables)
Regulatory Matters (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Disclosure Text Block [Abstract] | |
Schedule of Regulatory Capital Ratio Requirments under Banking Regulations [Table Text Block] | The Basel III minimum capital ratio requirements and additional capital conservation buffers as applicable to the Company and the Bank as of March 23, 2023 are summarized in the table below. BASEL III Minimum for Capital Adequacy Requirements BASEL III Additional Capital Conservation Buffer BASEL III Ratio with Capital Conservation Buffer Total Risk Based Capital (total capital to risk weighted assets) 8.0 % 2.5 % 10.5 % Tier 1 Risk Based Capital (tier 1 to risk weighted assets) 6.0 % 2.5 % 8.5 % Common Equity Tier 1 Risk Based ( CET1 to risk weighted assets) 4.5 % 2.5 % 7.0 % Tier 1 Leverage Ratio (tier 1 to average assets) 4.0 % - % 4.0 % |
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block] | The regulatory capital ratios of the Company and the Bank are as follows: Actual Minimum Capital Required - Basel III Required to be Considered Well Capitalized (In thousands, except percentages) Amount Ratio Amount Ratio Amount Ratio As of March 31, 2023 Total Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) $ 84,571 21.21 % $ 41,864 10.50 % $ 39,870 10.00 % T Bank, N.A. 84,698 21.45 41,424 10.50 39,452 10.00 Tier 1 Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 79,587 19.96 33,890 8.50 31,896 8.00 T Bank, N.A. 79,751 20.21 33,534 8.50 31,562 8.00 Common Equity Tier 1 (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 62,337 15.63 27,909 7.00 25,916 6.50 T Bank, N.A. 79,751 20.21 27,616 7.00 25,644 6.50 Tier 1 Capital (to Average Assets) Tectonic Financial, Inc. (consolidated) 79,587 12.34 25,807 4.00 32,259 5.00 T Bank, N.A. 79,751 12.51 25,495 4.00 31,869 5.00 As of December 31, 2022 Total Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) $ 81,317 20.21 % $ 42,243 10.50 % $ 40,232 10.00 % T Bank, N.A. 81,279 20.42 41,786 10.50 39,796 10.00 Tier 1 Capital (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 76,805 19.09 34,197 8.50 32,185 8.00 T Bank, N.A. 76,767 19.29 33,826 8.50 31,837 8.00 Common Equity Tier 1 (to Risk Weighted Assets) Tectonic Financial, Inc. (consolidated) 59,555 14.80 28,162 7.00 26,150 6.50 T Bank, N.A. 76,767 19.29 27,857 7.00 25,867 6.50 Tier 1 Capital (to Average Assets) Tectonic Financial, Inc. (consolidated) 76,805 13.27 23,153 4.00 28,941 5.00 T Bank, N.A. 76,767 13.47 22,795 4.00 28,494 5.00 |
Operating Segments (Tables)
Operating Segments (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Segment Reporting [Abstract] | |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The tables below present the financial information for each segment that is specifically identifiable, or based on allocations using internal methods, for the three months ended March 31, 2023 and 2022: (In thousands) Banking Other Financial Services HoldCo Consolidated Three Months Ended March 31, 2023 Income Statement Total interest income $ 10,913 $ - $ - $ 10,913 Total interest expense 3,605 - 265 3,870 Provision for credit losses 78 - - 78 Net interest income (loss) after provision for credit losses 7,230 - (265 ) 6,965 Non-interest income 884 9,817 - 10,701 Depreciation and amortization expense 96 16 - 112 All other non-interest expense 4,002 6,906 648 11,556 Income (loss) before income tax $ 4,016 $ 2,895 $ (913 ) $ 5,998 Goodwill and other intangibles $ 19,607 $ 2,350 $ - $ 21,957 Total assets $ 617,228 $ 13,416 $ 851 $ 631,495 (In thousands) Banking Other Financial Services HoldCo Consolidated Three Months Ended March 31, 2022 Income Statement Total interest income $ 7,549 $ - $ - $ 7,549 Total interest expense 673 - 219 892 Provision for credit losses 327 - - 327 Net-interest income (loss) after provision for credit losses 6,549 - (219 ) 6,330 Non-interest income 255 9,704 - 9,959 Depreciation and amortization expense 95 16 - 111 All other non-interest expense 3,578 6,815 455 10,848 Income (loss) before income tax $ 3,131 $ 2,873 $ (674 ) $ 5,330 Goodwill and other intangibles $ 19,817 $ 2,350 $ - $ 22,167 Total assets $ 556,766 $ 10,224 $ 375 $ 567,365 |
Fair Value of Financials Inst_2
Fair Value of Financials Instruments (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Fair Value Disclosures [Abstract] | |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | The following table summarizes securities available for sale measured at fair value on a recurring basis, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value: (In thousands) Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Fair Value As of March 31, 2023 Securities available for sale: U.S. Treasuries $ - $ 1,971 $ - $ 1,971 U.S. government agencies - 13,423 - 13,423 Mortgage-backed securities - 4,703 - 4,703 As of December 31, 2022 Securities available for sale: U.S. Treasuries $ - $ 1,953 $ - $ 1,953 U.S. government agencies - 13,088 - 13,088 Mortgage-backed securities - 5,592 - 5,592 |
Fair Value, by Balance Sheet Grouping [Table Text Block] | Carrying amounts and estimated fair values of other financial instruments by level of valuation input were as follows: March 31, 2023 (In thousands) Carrying Amount Estimated Fair Value Financial assets: Level 1 inputs: Cash and cash equivalents $ 76,207 $ 76,207 Level 2 inputs: Securities available for sale 20,097 20,097 Securities, restricted 4,109 4,109 Loans held for sale 13,503 14,657 Accrued interest receivable 3,500 3,500 Level 3 inputs: Securities held to maturity 25,133 26,341 Securities not readily marketable 100 100 Loans, net 449,313 438,621 Servicing asset 350 350 Financial liabilities: Level 1 inputs: Non-interest bearing deposits 106,434 106,434 Level 2 inputs: Interest bearing deposits 402,006 396,957 Subordinated notes 12,000 12,000 Accrued interest payable 584 584 December 31, 2022 (In thousands) Carrying Amount Estimated Fair Value Financial assets: Level 1 inputs: Cash and cash equivalents $ 42,155 $ 42,155 Level 2 inputs: Securities available for sale 20,633 20,633 Securities, restricted 3,496 3,496 Loans held for sale 33,902 36,470 Accrued interest receivable 3,102 3,102 Level 3 inputs: Securities held to maturity 25,262 26,482 Securities not readily marketable 100 100 Loans, net 445,819 438,956 Servicing asset 324 324 Financial liabilities: Level 1 inputs: Non-interest bearing deposits 94,187 94,187 Level 2 inputs: Interest bearing deposits 398,838 398,806 Borrowed funds 12,000 12,000 Accrued interest payable 592 592 |
Organization and Significant _3
Organization and Significant Accounting Policies (Details) | 3 Months Ended | ||
Mar. 31, 2023 USD ($) $ / shares shares | Jan. 01, 2023 USD ($) | Dec. 31, 2022 USD ($) | |
Organization and Significant Accounting Policies (Details) [Line Items] | |||
Retained Earnings (Accumulated Deficit) | $ 51,162,000 | $ 48,564,000 | |
Financing Receivable, Allowance for Credit Loss | $ 5,900,000 | ||
Off-Balance-Sheet, Credit Loss, Liability | $ 273,000 | 237,505 | $ 0 |
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price (in Dollars per share) | $ / shares | $ 5.51 | ||
Accounting Standards Update 2016-13 [Member] | |||
Organization and Significant Accounting Policies (Details) [Line Items] | |||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 1,390,000 | ||
Retained Earnings (Accumulated Deficit) | 188,000 | ||
Share-Based Payment Arrangement, Option [Member] | |||
Organization and Significant Accounting Policies (Details) [Line Items] | |||
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants (in Shares) | shares | 167,500 | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price (in Dollars per share) | $ / shares | $ 5.51 | ||
Restricted Stock [Member] | |||
Organization and Significant Accounting Policies (Details) [Line Items] | |||
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants (in Shares) | shares | 170,000 | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price (in Dollars per share) | $ / shares | $ 4.81 | ||
Cumulative Effect, Period of Adoption, Adjustment [Member] | |||
Organization and Significant Accounting Policies (Details) [Line Items] | |||
Retained Earnings (Accumulated Deficit) | 1,100,000 | ||
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Organization and Significant Accounting Policies (Details) [Line Items] | |||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | $ 1,400,000 | ||
The Nolan Company ("Nolan") [Member] | |||
Organization and Significant Accounting Policies (Details) [Line Items] | |||
Number of Subsidiaries | 4 |
Organization and Significant _4
Organization and Significant Accounting Policies (Details) - Schedule of Earnings Per Share, Basic and Diluted - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Schedule Of Earnings Per Share Basic And Diluted Abstract | ||
Net income available to common shareholders (in Dollars) | $ 4,326 | $ 3,897 |
Weighted average shares outstanding | 7,068,884 | 7,059,002 |
Effect of dilutive securities | 226,000 | 252,000 |
Average diluted shares outstanding | 7,295,489 | 7,311,075 |
Basic earnings per share (in Dollars per share) | $ 0.61 | $ 0.55 |
Diluted earnings per share (in Dollars per share) | $ 0.59 | $ 0.53 |
Securities (Details)
Securities (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Dec. 31, 2022 | |
Securities (Details) [Line Items] | ||
Securities, Description | Securities available for sale consist of U.S. government agency securities and mortgage-backed securities guaranteed by U.S. government agencies. Securities held to maturity consist of Property Assessed Clean Energy (“PACE”) and Public Improvement District/Tax Increment Reinvestment Zone (“PID/TIRZ”) investments. These investment contracts or bonds are located in Texas, California and Florida, and originate under a contractual obligation between the property owners, the local county or city administration, and a third-party administrator and sponsor. PACE assessments are created to fund the purchase and installation of energy saving improvements to the property such as solar panels. PID/TIRZ assessments are used to pay for the development costs of a residential subdivision. Generally, as a property assessment, the total assessment is repaid in installments over a period of 5 to 32 years by the then current property owner(s). Each installment is collected by the County or City Tax Collector where the property is located. The assessments are an obligation of the property. Securities, restricted consist of Federal Reserve Bank of Dallas (“FRB”) and Federal Home Loan Bank of Dallas (“FHLB”) stock, which are carried at cost. | |
Security Owned and Pledged as Collateral, Associated Liabilities, Fair Value | $ 22,500 | |
Federal Reserve Bank Stock | 2,200 | |
Federal Home Loan Bank Stock | 1,900 | $ 1,300 |
Marketable Securities, Current | 100 | 100 |
Asset Pledged as Collateral [Member] | ||
Securities (Details) [Line Items] | ||
Financial Instruments, Owned, at Fair Value | $ 95 | $ 94 |
Securities (Details) - Schedule
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation [Line Items] | ||
Securities available for sale, Amortized Cost | $ 22,666 | $ 23,630 |
Securities available for sale, Gross Unrealized Gains | 0 | 0 |
Securities available for sale, Gross Unrealized Losses | 2,569 | 2,997 |
Securities available for sale, Allowance for Credit Losses | 0 | |
Securities available for sale, Estimated Fair Value | 20,097 | 20,633 |
Securities held to maturity, Amortized Cost | 25,133 | 25,262 |
Securities held to maturity, Gross Unrealized Gains | 1,251 | 1,263 |
Securities held to maturity, Gross Unrealized Losses | 43 | 43 |
Securities held to maturity, Allowance for Credit Losses | 0 | |
Securities held to maturity, Estimated Fair Value | 26,341 | 26,482 |
Securities not readily marketable, Amortized Cost | 100 | 100 |
Securities not readily marketable, Gross Unrealized Gains | 0 | 0 |
Securities not readily marketable, Gross Unrealized Losses | 0 | 0 |
Securities not readily marketable, Allowance for Credit Losses | 0 | |
Securities not readily marketable, Estimated Fair Value | 100 | 100 |
US Treasury Securities [Member] | ||
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation [Line Items] | ||
Securities available for sale, Amortized Cost | 1,995 | 1,990 |
Securities available for sale, Gross Unrealized Gains | 0 | 0 |
Securities available for sale, Gross Unrealized Losses | 25 | 37 |
Securities available for sale, Allowance for Credit Losses | 0 | |
Securities available for sale, Estimated Fair Value | 1,971 | 1,953 |
US Government Agencies Debt Securities [Member] | ||
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation [Line Items] | ||
Securities available for sale, Amortized Cost | 15,701 | 15,715 |
Securities available for sale, Gross Unrealized Gains | 0 | 0 |
Securities available for sale, Gross Unrealized Losses | 2,278 | 2,627 |
Securities available for sale, Allowance for Credit Losses | 0 | |
Securities available for sale, Estimated Fair Value | 13,423 | 13,088 |
Collateralized Mortgage-Backed Securities [Member] | ||
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation [Line Items] | ||
Securities available for sale, Amortized Cost | 4,970 | 5,925 |
Securities available for sale, Gross Unrealized Gains | 0 | 0 |
Securities available for sale, Gross Unrealized Losses | 266 | 333 |
Securities available for sale, Allowance for Credit Losses | 0 | |
Securities available for sale, Estimated Fair Value | 4,703 | 5,592 |
Property Assessed Clean Energy [Member] | ||
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation [Line Items] | ||
Securities held to maturity, Amortized Cost | 1,450 | 1,596 |
Securities held to maturity, Gross Unrealized Gains | 114 | 126 |
Securities held to maturity, Gross Unrealized Losses | 0 | 0 |
Securities held to maturity, Allowance for Credit Losses | 0 | |
Securities held to maturity, Estimated Fair Value | 1,564 | 1,722 |
Public Improvement District TIRZ [Member] | ||
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation [Line Items] | ||
Securities held to maturity, Amortized Cost | 23,683 | 23,666 |
Securities held to maturity, Gross Unrealized Gains | 1,137 | 1,137 |
Securities held to maturity, Gross Unrealized Losses | 43 | 43 |
Securities held to maturity, Allowance for Credit Losses | 0 | |
Securities held to maturity, Estimated Fair Value | 24,777 | 24,760 |
Other Debt Obligations [Member] | ||
Securities (Details) - Schedule of Available-for-sale Securities Reconciliation [Line Items] | ||
Securities held to maturity, Amortized Cost | 4,109 | 3,496 |
Securities held to maturity, Gross Unrealized Gains | 0 | 0 |
Securities held to maturity, Gross Unrealized Losses | 0 | 0 |
Securities held to maturity, Allowance for Credit Losses | 0 | |
Securities held to maturity, Estimated Fair Value | $ 4,109 | $ 3,496 |
Securities (Details) - Debt Sec
Securities (Details) - Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value $ in Thousands | Mar. 31, 2023 USD ($) |
Securities (Details) - Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Line Items] | |
Fair Value, Less than 12 months | $ 6,130 |
Unrealized Losses, Less than 12 months | 254 |
Fair Value, 12 months or longer | 13,967 |
Unrealized Losses, 12 months or longer | 2,315 |
Fair Value, Total | 20,097 |
Unrealized Losses, Total | 2,569 |
US Treasury Securities [Member] | |
Securities (Details) - Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Line Items] | |
Fair Value, Less than 12 months | 1,971 |
Unrealized Losses, Less than 12 months | 25 |
Fair Value, 12 months or longer | 0 |
Unrealized Losses, 12 months or longer | 0 |
Fair Value, Total | 1,971 |
Unrealized Losses, Total | 25 |
US Government Agencies Debt Securities [Member] | |
Securities (Details) - Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Line Items] | |
Fair Value, Less than 12 months | 0 |
Unrealized Losses, Less than 12 months | 0 |
Fair Value, 12 months or longer | 13,423 |
Unrealized Losses, 12 months or longer | 2,278 |
Fair Value, Total | 13,423 |
Unrealized Losses, Total | 2,278 |
Collateralized Mortgage-Backed Securities [Member] | |
Securities (Details) - Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Line Items] | |
Fair Value, Less than 12 months | 4,159 |
Unrealized Losses, Less than 12 months | 229 |
Fair Value, 12 months or longer | 544 |
Unrealized Losses, 12 months or longer | 37 |
Fair Value, Total | 4,703 |
Unrealized Losses, Total | $ 266 |
Securities (Details) - Investme
Securities (Details) - Investments Classified by Contractual Maturity Date - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Investments Classified By Contractual Maturity Date Abstract | ||
Due in one year or less, Available for Sale Amortized Cost | $ 996 | |
Due in one year or less, Available for Sale Estimated Fair Value | 992 | |
Due after one year through five years, Available for Sale Amortized Cost | 10,996 | |
Due after one year through five years, Available for Sale Estimated Fair Value | 9,747 | |
Due after five years through ten years, Available for Sale Amortized Cost | 2,101 | |
Due after five years through ten years, Available for Sale Estimated Fair Value | 1,855 | |
Due after ten years, Available for Sale Amortized Cost | 3,603 | |
Due after ten years, Available for Sale Estimated Fair Value | 2,800 | |
Mortgage-backed securities, Available for Sale Amortized Cost | 4,970 | |
Mortgage-backed securities, Available for Sale Estimated Fair Value | 4,703 | |
Total, Available for Sale Amortized Cost | 22,666 | $ 23,630 |
Total, Available for Sale Estimated Fair Value | $ 20,097 | $ 20,633 |
Loans and Allowance for Loan _3
Loans and Allowance for Loan Losses (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | Jan. 01, 2023 | |
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Dental Loans | $ 80,900,000 | $ 83,900,000 | ||
Percentage of Dental Practice to Loan Portfolio | 17.80% | 18.63% | ||
Interest Receivable and Other Assets | $ 2,100,000 | $ 2,200,000 | ||
Line of Credit Facility, Maximum Borrowing Capacity | 58,500,000 | 40,000,000 | ||
Gain (Loss) on Sales of Loans, Net | 581,000 | $ 0 | ||
Increase (Decrease) in Loan, Held-for-Sale | $ 21,000,000 | |||
Number of SBA Loan Programs | 2 | |||
Financing Receivable, Modified in Period, Amount | $ 357,000 | |||
Financing Receivable, Modified in Period, to Total Financing Receivables, Percentage | 0.08% | |||
Retained Earnings (Accumulated Deficit) | $ 51,162,000 | 48,564,000 | ||
Financing Receivable, Allowance for Credit Loss | $ 5,900,000 | |||
Off-Balance-Sheet, Credit Loss, Liability | $ 273,000 | 0 | 237,505 | |
Accounting Standards Update 2016-13 [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 1,390,000 | |||
Retained Earnings (Accumulated Deficit) | 188,000 | |||
Minimum [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Loans Guarantee On Principal Balance | 75% | |||
Maximum [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Loans Guarantee On Principal Balance | 80% | |||
Business and Industry Loans [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Description of Loan Program | The Company serves the small business community by offering loans promulgated under the SBA’s 7(a) and 504 loan programs, and loans guaranteed by the USDA. SBA 7(a) and USDA loans are typically guaranteed by each agency in amounts ranging from 75% to 80% of the principal balance. For SBA construction loans, the Company records the guaranteed funded portion of the loans as held for sale. When the SBA loans are fully funded, the Company may sell the guaranteed portion into the secondary market, on a servicing-retained basis, or reclassify from loans held for sale to loans held for investment if the Company determines that holding these loans provide better long-term risk adjusted returns than selling the loans. In calculating gain on the sale of loans, the Company performs an allocation based on the relative fair values of the sold portion and retained portion of the loan. The Company’s assumptions are validated by reference to external market information. | |||
SBA [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance | $ 13,500,000 | $ 33,900,000 | ||
SBA [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 651,000 | |||
SBA 7(a) [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Description of Loan Program | The SBA 7(a) program serves as the SBA’s primary business loan program to help qualified small businesses obtain financing when they might not be eligible for business loans through normal lending channels. Loan proceeds under this program can be used for most business purposes including working capital, machinery and equipment, furniture and fixtures, land and building (including purchase, renovation and new construction), leasehold improvements and debt refinancing. Loan maturity is generally up to 10 years for non-real estate collateral and up to 25 years for real estate collateral. The SBA 7(a) loan is approved and funded by a qualified lender, partially guaranteed by the SBA and subject to applicable regulations. In general, the SBA guarantees up to 75% (100% for Paycheck Protection Program loans) of the loan amount depending on loan size. The Company is required by the SBA to service the loan and retain a contractual minimum of 5% on all SBA 7(a) loans, but generally retains 25% (the unguaranteed portion). The servicing spread is 1% of the guaranteed portion of the loan that is sold in the secondary market. | |||
SBA 504 [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Description of Loan Program | The SBA 504 program is an economic development-financing program providing long-term, low down payment loans to businesses. Typically, a 504 project includes a loan secured from a private-sector lender with a senior lien, a loan secured from a CDC (funded by a 100% SBA-guaranteed debenture) with a junior lien covering up to 40% of the total cost, and a contribution of at least 10% equity from the borrower. Debenture limits are $5.0 million for regular 504 loans and $5.5 million for those 504 loans that meet a public policy goal. | |||
USDA [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Description of Loan Program | These loans are similar to the SBA product, except they are guaranteed by the USDA. The guaranteed amount is generally 80%. B&I loans are made to businesses in designated rural areas and are generally larger loans to larger businesses than the SBA 7(a) loans. Similar to the SBA 7(a) product, they can be sold into the secondary market. These loans can be utilized for rural commercial real estate and equipment. The loans can have maturities up to 30 years and the rates can be fixed or variable. | |||
USDA [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | (33,000) | |||
Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Retained Earnings (Accumulated Deficit) | 1,100,000 | |||
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Loans and Allowance for Loan Losses (Details) [Line Items] | ||||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | $ 1,400,000 |
Loans and Allowance for Loan _4
Loans and Allowance for Loan Losses (Details) - Schedule of Accounts, Notes, Loans and Financing Receivables - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022 | Dec. 31, 2021 |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | $ 455,186 | $ 450,332 | ||
Allowance for loan losses | 5,873 | 4,513 | $ 4,354 | $ 4,152 |
Net loans | 449,313 | 445,819 | ||
Commercial and Industrial Sector [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 86,240 | 92,946 | ||
Allowance for loan losses | 2,344 | 1,302 | 1,213 | 1,154 |
Consumer Portfolio Segment [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 1,012 | 1,058 | ||
Allowance for loan losses | 27 | 14 | 17 | 15 |
Residential Mortgage [Member] | Real Estate Sector [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 6,896 | 5,566 | ||
Allowance for loan losses | 47 | 79 | 29 | 76 |
Commercial Real Estate [Member] | Real Estate Sector [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 74,171 | 63,924 | ||
Allowance for loan losses | 591 | 899 | 901 | 869 |
Construction Loans [Member] | Real Estate Sector [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 19,127 | 3,873 | ||
Allowance for loan losses | 112 | 55 | 50 | 40 |
SBA 7(a) guaranteed [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 162,377 | 149,374 | ||
SBA 7(a) unguaranteed [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 49,834 | 56,268 | ||
SBA 504 [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 30,848 | 52,668 | ||
USDA [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | 2,133 | 2,235 | ||
Allowance for loan losses | 18 | 51 | $ 20 | $ 20 |
Factored Receivables [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
Loans and Leases Receivable | $ 22,548 | $ 22,420 |
Loans and Allowance for Loan _5
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Nonaccrual - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Non-accrual loans: | ||
Financing Receivable, Nonaccrual | $ 2,463 | $ 2,466 |
Commercial Real Estate [Member] | ||
Non-accrual loans: | ||
Financing Receivable, Nonaccrual | 135 | 138 |
SBA 7(a) guaranteed [Member] | ||
Non-accrual loans: | ||
Financing Receivable, Nonaccrual | 2,221 | 2,221 |
SBA 7(a) unguaranteed [Member] | ||
Non-accrual loans: | ||
Financing Receivable, Nonaccrual | $ 107 | $ 107 |
Loans and Allowance for Loan _6
Loans and Allowance for Loan Losses (Details) - Schedule of Financial Instruments Owned and Pledged as Collateral $ in Thousands | 3 Months Ended |
Mar. 31, 2023 USD ($) | |
Financial Instruments Owned and Pledged as Collateral [Line Items] | |
Collateralized Financings | $ 242 |
Residential Mortgage [Member] | Real Estate Sector [Member] | |
Financial Instruments Owned and Pledged as Collateral [Line Items] | |
Collateralized Financings | 135 |
SBA 7(a) unguaranteed [Member] | |
Financial Instruments Owned and Pledged as Collateral [Line Items] | |
Collateralized Financings | $ 107 |
Loans and Allowance for Loan _7
Loans and Allowance for Loan Losses (Details) - Impaired Financing Receivables $ in Thousands | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Loans and Allowance for Loan Losses (Details) - Impaired Financing Receivables [Line Items] | |
Unpaid Contractual Principal Balance | $ 2,759 |
Recorded Investment With No Allowance | 2,126 |
Recorded Investment With Allowance | 0 |
Total Recorded Investment | 2,126 |
Related Allowance | 0 |
Average Recorded Investment | 2,468 |
Interest Income Recognized | 0 |
Commercial and Industrial Sector [Member] | |
Loans and Allowance for Loan Losses (Details) - Impaired Financing Receivables [Line Items] | |
Unpaid Contractual Principal Balance | 0 |
Recorded Investment With No Allowance | 0 |
Recorded Investment With Allowance | 0 |
Total Recorded Investment | 0 |
Related Allowance | 0 |
Average Recorded Investment | 181 |
Interest Income Recognized | 0 |
SBA [Member] | |
Loans and Allowance for Loan Losses (Details) - Impaired Financing Receivables [Line Items] | |
Unpaid Contractual Principal Balance | 2,759 |
Recorded Investment With No Allowance | 2,126 |
Recorded Investment With Allowance | 0 |
Total Recorded Investment | 2,126 |
Related Allowance | 0 |
Average Recorded Investment | 2,287 |
Interest Income Recognized | $ 0 |
Loans and Allowance for Loan _8
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Past Due - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | $ 455,186 | $ 450,332 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 62 | 338 |
Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 3,104 | 4,164 |
Financing Receivable, Recorded Investment, Total Current | 3,104 | 4,164 |
Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 715 | 1,499 |
Financing Receivable, Recorded Investment, Total Current | 715 | 1,499 |
Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 2,389 | 2,665 |
Financing Receivable, Recorded Investment, Total Current | 2,389 | 2,665 |
Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 452,082 | 446,168 |
Financing Receivable, Recorded Investment, Total Current | 452,082 | 446,168 |
Consumer Portfolio Segment [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 1,012 | 1,058 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 0 | 0 |
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Consumer Portfolio Segment [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 1,012 | 1,058 |
Financing Receivable, Recorded Investment, Total Current | 1,012 | 1,058 |
SBA [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 243,059 | 258,310 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 0 | 0 |
SBA [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 2,327 | 2,327 |
Financing Receivable, Recorded Investment, Total Current | 2,327 | 2,327 |
SBA [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
SBA [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 2,327 | 2,327 |
Financing Receivable, Recorded Investment, Total Current | 2,327 | 2,327 |
SBA [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 240,732 | 255,983 |
Financing Receivable, Recorded Investment, Total Current | 240,732 | 255,983 |
USDA [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 2,133 | 2,235 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 0 | 0 |
USDA [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
USDA [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
USDA [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
USDA [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 2,133 | 2,235 |
Financing Receivable, Recorded Investment, Total Current | 2,133 | 2,235 |
Factored Receivables [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 22,548 | 22,420 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 62 | 132 |
Factored Receivables [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 626 | 1,098 |
Financing Receivable, Recorded Investment, Total Current | 626 | 1,098 |
Factored Receivables [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 564 | 966 |
Financing Receivable, Recorded Investment, Total Current | 564 | 966 |
Factored Receivables [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 62 | 132 |
Financing Receivable, Recorded Investment, Total Current | 62 | 132 |
Factored Receivables [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 21,922 | 21,322 |
Financing Receivable, Recorded Investment, Total Current | 21,922 | 21,322 |
Commercial and Industrial Sector [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 86,240 | 92,946 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 0 | 0 |
Commercial and Industrial Sector [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 15 | 395 |
Financing Receivable, Recorded Investment, Total Current | 15 | 395 |
Commercial and Industrial Sector [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 15 | 395 |
Financing Receivable, Recorded Investment, Total Current | 15 | 395 |
Commercial and Industrial Sector [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Commercial and Industrial Sector [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 86,225 | 92,551 |
Financing Receivable, Recorded Investment, Total Current | 86,225 | 92,551 |
Real Estate Sector [Member] | Residential Mortgage [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 6,896 | 5,566 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 0 | |
Real Estate Sector [Member] | Residential Mortgage [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 136 | 138 |
Financing Receivable, Recorded Investment, Total Current | 136 | 138 |
Real Estate Sector [Member] | Residential Mortgage [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 136 | 138 |
Financing Receivable, Recorded Investment, Total Current | 136 | 138 |
Real Estate Sector [Member] | Residential Mortgage [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Real Estate Sector [Member] | Residential Mortgage [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 6,760 | 5,428 |
Financing Receivable, Recorded Investment, Total Current | 6,760 | 5,428 |
Real Estate Sector [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 74,171 | 63,924 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 0 | 206 |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 206 |
Financing Receivable, Recorded Investment, Total Current | 0 | 206 |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 206 |
Financing Receivable, Recorded Investment, Total Current | 0 | 206 |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 74,171 | 63,718 |
Financing Receivable, Recorded Investment, Total Current | 74,171 | 63,718 |
Real Estate Sector [Member] | Construction Loans [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Total Loans | 19,127 | 3,873 |
Financing Receivable, Recorded Investment, Total 90 Days Past Due Still Accruing | 0 | 0 |
Real Estate Sector [Member] | Construction Loans [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Real Estate Sector [Member] | Construction Loans [Member] | Financial Asset, Past Due [Member] | Financial Asset, 30 to 89 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Real Estate Sector [Member] | Construction Loans [Member] | Financial Asset, Past Due [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Financing Receivable, Recorded Investment, Total Current | 0 | 0 |
Real Estate Sector [Member] | Construction Loans [Member] | Financia lAsset Not Past Due [Member] | ||
Financing Receivable, Past Due [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 19,127 | 3,873 |
Financing Receivable, Recorded Investment, Total Current | $ 19,127 | $ 3,873 |
Loans and Allowance for Loan _9
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | $ 455,186 | |
Allowance for Loan and Lease Losses, Writeoff | 109 | $ 146 |
Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 424,852 | |
Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 24,254 | |
Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 5,007 | |
Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,073 | |
Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 86,240 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 86,240 | |
Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,638 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Revolving Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,638 | |
Revolving Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,618 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Revolving Loans [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,618 | |
Revolving Loans [Member] | Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Revolving Loans [Member] | Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 30,322 | |
Allowance for Loan and Lease Losses, Writeoff | 48 | |
Origination Year 2023 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 30,322 | |
Origination Year 2023 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,948 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,948 | |
Origination Year 2023 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2023 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 125,853 | |
Allowance for Loan and Lease Losses, Writeoff | 61 | |
Origination Year 2022 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 125,853 | |
Origination Year 2022 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 29,671 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 29,671 | |
Origination Year 2022 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2022 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 119,657 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 116,107 | |
Origination Year 2021 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 3,461 | |
Origination Year 2021 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 89 | |
Origination Year 2021 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 20,340 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 20,340 | |
Origination Year 2021 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2021 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 52,439 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 47,338 | |
Origination Year 2020 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 3,826 | |
Origination Year 2020 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,275 | |
Origination Year 2020 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 9,625 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 9,625 | |
Origination Year 2020 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2020 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2019 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 44,625 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2019 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 37,668 | |
Origination Year 2019 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 5,337 | |
Origination Year 2019 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,241 | |
Origination Year 2019 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 379 | |
Origination Year 2019 [Member] | Term Loans [Member] | Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2019 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,310 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year 2019 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,310 | |
Origination Year 2019 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2019 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2019 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year 2019 [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year Prior [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 79,652 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year Prior [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 64,926 | |
Origination Year Prior [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 11,630 | |
Origination Year Prior [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,402 | |
Origination Year Prior [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 694 | |
Origination Year Prior [Member] | Term Loans [Member] | Doubtful [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year Prior [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 14,728 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Origination Year Prior [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 14,728 | |
Origination Year Prior [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year Prior [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year Prior [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Origination Year Prior [Member] | Term Loans [Member] | Commercial and Industrial Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,896 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,760 | |
Residential Real Estate [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 136 | |
Residential Real Estate [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | ||
Residential Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 4,069 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 4,069 | |
Residential Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,676 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,676 | |
Residential Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 765 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 765 | |
Residential Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 386 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Residential Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 250 | |
Residential Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Residential Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 136 | |
Residential Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 74,171 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | 0 |
Commercial Real Estate [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 74,171 | |
Commercial Real Estate [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,080 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,080 | |
Commercial Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 24,003 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 24,003 | |
Commercial Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 19,315 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 19,315 | |
Commercial Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 5,002 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 5,002 | |
Commercial Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 9,080 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 9,080 | |
Commercial Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 15,691 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 15,691 | |
Commercial Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Real Estate [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 19,127 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | 0 |
Construction Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 19,127 | |
Construction Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Construction Loans [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Revolving Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,359 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Construction Loans [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,359 | |
Construction Loans [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 10,621 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Construction Loans [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 10,621 | |
Construction Loans [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,147 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Construction Loans [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,147 | |
Construction Loans [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Construction Loans [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Construction Loans [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Construction Loans [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Construction Loans [Member] | Origination Year Prior [Member] | Term Loans [Member] | Real Estate Sector [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 212,211 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | 43 |
SBA [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 182,013 | |
SBA [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 24,254 | |
SBA [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 5,007 | |
SBA [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 937 | |
SBA [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Revolving Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA [Member] | Revolving Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Revolving Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Revolving Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Revolving Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Revolving Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,381 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,381 | |
SBA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 51,780 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 51,780 | |
SBA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 69,229 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 65,679 | |
SBA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 3,461 | |
SBA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 89 | |
SBA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 29,341 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 24,240 | |
SBA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 3,826 | |
SBA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,275 | |
SBA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 22,433 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 15,476 | |
SBA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 5,337 | |
SBA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,241 | |
SBA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 379 | |
SBA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA [Member] | Origination Year Prior [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 38,047 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 23,457 | |
SBA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 11,630 | |
SBA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,402 | |
SBA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 558 | |
SBA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 30,848 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 30,848 | |
SBA 504 [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Revolving Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Revolving Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Revolving Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Revolving Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Revolving Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Revolving Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2023 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2022 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 4,000 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 4,000 | |
SBA 504 [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2021 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,649 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,649 | |
SBA 504 [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2020 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 7,623 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 7,623 | |
SBA 504 [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2019 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,702 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 6,702 | |
SBA 504 [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year Prior [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 9,874 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
SBA 504 [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 9,874 | |
SBA 504 [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year Prior [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year Prior [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
SBA 504 [Member] | Origination Year Prior [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,133 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | $ 0 |
USDA [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 2,133 | |
USDA [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Revolving Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
USDA [Member] | Revolving Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Revolving Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Revolving Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Revolving Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Revolving Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
USDA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,324 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
USDA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,324 | |
USDA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
USDA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
USDA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
USDA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year Prior [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 809 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
USDA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 809 | |
USDA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
USDA [Member] | Origination Year Prior [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 22,548 | |
Allowance for Loan and Lease Losses, Writeoff | 109 | |
Factored Receivables [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 22,548 | |
Factored Receivables [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Revolving Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Factored Receivables [Member] | Revolving Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Revolving Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Revolving Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Revolving Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Revolving Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2023 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 22,325 | |
Allowance for Loan and Lease Losses, Writeoff | 48 | |
Factored Receivables [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 22,325 | |
Factored Receivables [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2022 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 223 | |
Allowance for Loan and Lease Losses, Writeoff | 61 | |
Factored Receivables [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 223 | |
Factored Receivables [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2021 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Factored Receivables [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2020 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Factored Receivables [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2019 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Factored Receivables [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year Prior [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Factored Receivables [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year Prior [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year Prior [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Factored Receivables [Member] | Origination Year Prior [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,012 | |
Consumer Portfolio Segment [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Revolving Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 20 | |
Consumer Portfolio Segment [Member] | Revolving Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 229 | |
Consumer Portfolio Segment [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 162 | |
Consumer Portfolio Segment [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 301 | |
Consumer Portfolio Segment [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 83 | |
Consumer Portfolio Segment [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 100 | |
Consumer Portfolio Segment [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Consumer Portfolio Segment [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 117 | |
Consumer Portfolio Segment [Member] | Origination Year Prior [Member] | Term Loans [Member] | Special Mention [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 1,012 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Revolving Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 20 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Revolving Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Revolving Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Revolving Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2023 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 229 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2023 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2022 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 162 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2022 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2021 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 301 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2021 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2020 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 83 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2020 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2019 [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 100 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year 2019 [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year Prior [Member] | Term Loans [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 117 | |
Allowance for Loan and Lease Losses, Writeoff | 0 | |
Commercial Portfolio Segment [Member] | Origination Year Prior [Member] | Term Loans [Member] | Pass-Watch [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year Prior [Member] | Term Loans [Member] | Substandard [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | 0 | |
Commercial Portfolio Segment [Member] | Origination Year Prior [Member] | Term Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Cost Basis of Loans [Line Items] | ||
Amortized cost basis of loans | $ 0 |
Loans and Allowance for Loan_10
Loans and Allowance for Loan Losses (Details) - Financing Receivable Credit Quality Indicators - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | $ 455,186 | $ 450,332 |
Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 423,197 | |
Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 21,060 | |
Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 4,778 | |
Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 1,297 | |
Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Commercial and Industrial Sector [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 86,240 | 92,946 |
Commercial and Industrial Sector [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 92,551 | |
Commercial and Industrial Sector [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 395 | |
Commercial and Industrial Sector [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Commercial and Industrial Sector [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Commercial and Industrial Sector [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Consumer Portfolio Segment [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 1,012 | 1,058 |
Consumer Portfolio Segment [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 1,058 | |
Consumer Portfolio Segment [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Consumer Portfolio Segment [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Consumer Portfolio Segment [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Consumer Portfolio Segment [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
SBA [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 243,059 | 258,310 |
SBA [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 231,914 | |
SBA [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 20,665 | |
SBA [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 4,778 | |
SBA [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 953 | |
SBA [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
USDA [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 2,133 | 2,235 |
USDA [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 2,235 | |
USDA [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
USDA [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
USDA [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
USDA [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Factored Receivables [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 22,548 | 22,420 |
Factored Receivables [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 22,420 | |
Factored Receivables [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Factored Receivables [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Factored Receivables [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Factored Receivables [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Residential Mortgage [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 6,896 | 5,566 |
Real Estate Sector [Member] | Residential Mortgage [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 5,428 | |
Real Estate Sector [Member] | Residential Mortgage [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Residential Mortgage [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Residential Mortgage [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 138 | |
Real Estate Sector [Member] | Residential Mortgage [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 74,171 | 63,924 |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 63,718 | |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 206 | |
Real Estate Sector [Member] | Commercial Real Estate [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Construction Loans [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | $ 19,127 | 3,873 |
Real Estate Sector [Member] | Construction Loans [Member] | Pass [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 3,873 | |
Real Estate Sector [Member] | Construction Loans [Member] | Pass-Watch [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Construction Loans [Member] | Special Mention [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Construction Loans [Member] | Substandard [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | 0 | |
Real Estate Sector [Member] | Construction Loans [Member] | Doubtful [Member] | ||
Financing Receivable, Credit Quality Indicator [Line Items] | ||
Loans and Leases Receivable | $ 0 |
Loans and Allowance for Loan_11
Loans and Allowance for Loan Losses (Details) - Financing Receivable, Allowance for Credit Loss - USD ($) $ in Thousands | 3 Months Ended | |||
Mar. 31, 2023 | Mar. 31, 2022 | Jan. 01, 2023 | Dec. 31, 2022 | |
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | $ 4,513 | $ 4,152 | ||
Provision for loan losses | 43 | 327 | ||
Charge-offs | (109) | (146) | ||
Recoveries | 36 | 21 | ||
Net recoveries (charge-offs) | (73) | (125) | ||
Ending balance | 5,873 | 4,354 | ||
Loans individually evaluated for impairment | $ 2,126 | |||
Loans collectively evaluated for impairment | 448,206 | |||
Ending balance | 455,186 | 450,332 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 4,513 | |||
Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | $ 1,390 | |||
Commercial and Industrial Sector [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 1,302 | 1,154 | ||
Provision for loan losses | 0 | 59 | ||
Charge-offs | 0 | 0 | ||
Recoveries | 0 | 0 | ||
Net recoveries (charge-offs) | 0 | 0 | ||
Ending balance | 2,344 | 1,213 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 92,946 | |||
Ending balance | 86,240 | 92,946 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 1,302 | |||
Commercial and Industrial Sector [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | 1,042 | |||
Consumer Portfolio Segment [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 14 | 15 | ||
Provision for loan losses | 0 | 2 | ||
Charge-offs | 0 | 0 | ||
Recoveries | 0 | 0 | ||
Net recoveries (charge-offs) | 0 | 0 | ||
Ending balance | 27 | 17 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 1,058 | |||
Ending balance | 1,012 | 1,058 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 14 | |||
Consumer Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | 13 | |||
SBA [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 1,505 | 1,324 | ||
Provision for loan losses | 0 | 123 | ||
Charge-offs | 0 | (43) | ||
Recoveries | 4 | 5 | ||
Net recoveries (charge-offs) | 4 | (38) | ||
Ending balance | 2,160 | 1,409 | ||
Loans individually evaluated for impairment | 2,126 | |||
Loans collectively evaluated for impairment | 256,184 | |||
Ending balance | 243,059 | 258,310 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 1,505 | |||
SBA [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | 651 | |||
USDA [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 51 | 20 | ||
Provision for loan losses | 0 | 0 | ||
Charge-offs | 0 | 0 | ||
Recoveries | 0 | 0 | ||
Net recoveries (charge-offs) | 0 | 0 | ||
Ending balance | 18 | 20 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 2,235 | |||
Ending balance | 2,133 | 2,235 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 51 | |||
USDA [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | (33) | |||
Other Financing Receivable [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 608 | 654 | ||
Provision for loan losses | 43 | 148 | ||
Charge-offs | (109) | (103) | ||
Recoveries | 32 | 16 | ||
Net recoveries (charge-offs) | (77) | (87) | ||
Ending balance | 574 | 715 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 22,420 | |||
Ending balance | 22,420 | |||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 608 | |||
Other Financing Receivable [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | 0 | |||
Real Estate Sector [Member] | Residential Mortgage [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 79 | 76 | ||
Provision for loan losses | 0 | (47) | ||
Charge-offs | 0 | 0 | ||
Recoveries | 0 | 0 | ||
Net recoveries (charge-offs) | 0 | 0 | ||
Ending balance | 47 | 29 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 5,566 | |||
Ending balance | 6,896 | 5,566 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 79 | |||
Real Estate Sector [Member] | Residential Mortgage [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | (32) | |||
Real Estate Sector [Member] | Commercial Real Estate [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 899 | 869 | ||
Provision for loan losses | 0 | 32 | ||
Charge-offs | 0 | 0 | ||
Recoveries | 0 | 0 | ||
Net recoveries (charge-offs) | 0 | 0 | ||
Ending balance | 591 | 901 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 63,924 | |||
Ending balance | 74,171 | 63,924 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 899 | |||
Real Estate Sector [Member] | Commercial Real Estate [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | (308) | |||
Real Estate Sector [Member] | Construction Loans [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Beginning Balance | 55 | 40 | ||
Provision for loan losses | 0 | 10 | ||
Charge-offs | 0 | 0 | ||
Recoveries | 0 | 0 | ||
Net recoveries (charge-offs) | 0 | 0 | ||
Ending balance | 112 | $ 50 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | 3,873 | |||
Ending balance | $ 19,127 | 3,873 | ||
Loans individually evaluated for impairment | 0 | |||
Loans collectively evaluated for impairment | $ 55 | |||
Real Estate Sector [Member] | Construction Loans [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, Allowance for Credit Loss [Line Items] | ||||
Impact of adopting ASC 326 | $ 57 |
Leases (Details)
Leases (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Property, Plant and Equipment [Abstract] | ||
Operating Lease, Right-of-Use Asset | $ 2,200 | $ 1,600 |
Operating Lease, Liability | $ 2,216 | $ 1,700 |
Operating Lease, Weighted Average Remaining Lease Term | 74 months | |
Operating Lease, Weighted Average Discount Rate, Percent | 3.99% | |
Operating Leases, Future Minimum Payments Receivable | $ 1,011 |
Leases (Details) - Schedule of
Leases (Details) - Schedule of Future Minimum Rental Payments for Operating Leases - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Schedule Of Future Minimum Rental Payments For Operating Leases Abstract | ||
2023 | $ 207 | |
2024 | 592 | |
2025 | 679 | |
2026 | 420 | |
2027 | 137 | |
2028 and thereafter | 544 | |
Total minimum rental payments | 2,579 | |
Less: Interest | (363) | |
Present value of lease liabilities | $ 2,216 | $ 1,700 |
Leases (Details) - Lessor, Oper
Leases (Details) - Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity $ in Thousands | Mar. 31, 2023 USD ($) |
Lessor Operating Lease Payment To Be Received Fiscal Year Maturity Abstract | |
2023 | $ 217 |
2024 | 235 |
2025 | 205 |
2026 | 176 |
2027 and thereafter | 178 |
Total minimum rental payments | $ 1,011 |
Goodwill and Core Deposit Int_3
Goodwill and Core Deposit Intangible (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Goodwill and Core Deposit Intangible (Details) [Line Items] | ||
Amortization of Intangible Assets | $ 52 | $ 50 |
Core Deposits [Member] | Minimum [Member] | ||
Goodwill and Core Deposit Intangible (Details) [Line Items] | ||
Finite-Lived Intangible Asset, Useful Life | 5 years | |
Core Deposits [Member] | Maximum [Member] | ||
Goodwill and Core Deposit Intangible (Details) [Line Items] | ||
Finite-Lived Intangible Asset, Useful Life | 12 years |
Goodwill and Core Deposit Int_4
Goodwill and Core Deposit Intangible (Details) - Schedule of Intangible Assets and Goodwill - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Goodwill and Core Deposit Intangible (Details) - Schedule of Intangible Assets and Goodwill [Line Items] | ||
Goodwill | $ 21,440 | $ 21,440 |
Core deposit intangible, net | 1,708 | 1,708 |
Core Deposits [Member] | ||
Goodwill and Core Deposit Intangible (Details) - Schedule of Intangible Assets and Goodwill [Line Items] | ||
Core deposit intangible, net | $ 517 | $ 569 |
Goodwill and Core Deposit Int_5
Goodwill and Core Deposit Intangible (Details) - Finite-lived Intangible Assets, Amortization Expense - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Finite Lived Intangible Assets Amortization Expense Abstract | ||
Gross carrying basis | $ 1,708 | $ 1,708 |
Accumulated amortization | (1,191) | (1,139) |
Net carrying amount | $ 517 | $ 569 |
Goodwill and Core Deposit Int_6
Goodwill and Core Deposit Intangible (Details) - Schedule of Finite-Lived Intangible Assets, Future Amortization Expense - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Schedule Of Finite Lived Intangible Assets Future Amortization Expense Abstract | ||
2023 remaining | $ 158 | |
2024 | 210 | |
2025 | 149 | |
Total | $ 517 | $ 569 |
Deposits (Details) - Deposit Li
Deposits (Details) - Deposit Liabilities, Type - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Deposit Liabilities Type Abstract | ||
Non-interest bearing demand | $ 106,434 | $ 94,187 |
Non-interest bearing demand, percentage | 21% | 19% |
Interest-bearing demand (NOW) | $ 5,515 | $ 6,216 |
Interest-bearing demand (NOW), percentage | 1% | 1% |
Money market accounts | $ 112,290 | $ 122,880 |
Money market accounts, percentage | 22% | 25% |
Savings accounts | $ 7,619 | $ 8,052 |
Savings accounts, percentage | 2% | 2% |
Time deposits | $ 276,582 | $ 261,690 |
Time deposits, percentage | 54% | 53% |
Total | $ 508,440 | $ 493,025 |
Total, percentage | 100% | 100% |
Borrowed Funds and Subordinat_2
Borrowed Funds and Subordinated Notes (Details) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2018 | Dec. 31, 2017 | Mar. 31, 2023 | Dec. 31, 2022 | |
Borrowed Funds and Subordinated Notes (Details) [Line Items] | ||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 58.5 | $ 40 | ||
Security Owned and Pledged as Collateral, Associated Liabilities, Fair Value | 22.5 | |||
Subordinated Debt [Member] | ||||
Borrowed Funds and Subordinated Notes (Details) [Line Items] | ||||
Proceeds from Issuance of Subordinated Long-Term Debt | $ 4 | $ 8 | ||
Debt Instrument, Interest Rate Terms | interest rate of 7.125% payable semi-annually up to July 18, 2023, and converting to variable rate at three month LIBOR plus 5.125% payable quarterly | interest rate of three month LIBOR plus 5.125%, with interest payable quarterly | ||
Debt Instrument, Maturity Date | Mar. 31, 2028 | Jul. 20, 2027 | ||
Debt Instrument, Interest Rate, Stated Percentage | 7.125% | |||
Subordinated Debt [Member] | London Interbank Offered Rate (LIBOR) [Member] | ||||
Borrowed Funds and Subordinated Notes (Details) [Line Items] | ||||
Debt Instrument, Basis Spread on Variable Rate | 5.125% | 5.125% | ||
Federal Reserve Bank Advances [Member] | ||||
Borrowed Funds and Subordinated Notes (Details) [Line Items] | ||||
Line of Credit Facility, Maximum Borrowing Capacity | 12 | |||
Federal Home Loan Bank Advances [Member] | ||||
Borrowed Funds and Subordinated Notes (Details) [Line Items] | ||||
Line of Credit Facility, Maximum Borrowing Capacity | 58.5 | |||
Long-Term Line of Credit | 0 | 0 | ||
Federal Reserve Bank Advances [Member] | ||||
Borrowed Funds and Subordinated Notes (Details) [Line Items] | ||||
Line of Credit Facility, Maximum Borrowing Capacity | 27.4 | |||
Long-Term Line of Credit | $ 0 | $ 0 |
Benefit Plans (Details)
Benefit Plans (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Benefit Plans (Details) [Line Items] | ||
Defined Contribution Plan, Employer Discretionary Contribution Amount | $ 188 | $ 208 |
Matching of Employee's Contribution on the First 1% [Member] | ||
Benefit Plans (Details) [Line Items] | ||
Defined Contribution Plan, Employer Matching Contribution, Percent of Match | 100% | |
Matching of Employee's Contribution on the First 5% [Member] | ||
Benefit Plans (Details) [Line Items] | ||
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay | 50% |
Income Taxes (Details)
Income Taxes (Details) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Income Tax Disclosure [Abstract] | |||
Income Tax Expense (Benefit) | $ 1,284 | $ 1,045 | |
Effective Income Tax Rate Reconciliation, Percent | 21.40% | 19.60% | |
Deferred Tax Assets, Net of Valuation Allowance | $ 1,300 | $ 636 |
Stock Compensation Plans (Detai
Stock Compensation Plans (Details) - USD ($) | 3 Months Ended | 12 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | |
Stock Compensation Plans (Details) [Line Items] | ||||
Common Stock, Capital Shares Reserved for Future Issuance | 750,000 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period | 10 years | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross | 210,000 | 40,000 | ||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ 10 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value (in Dollars per share) | $ 6.92 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures | 0 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period | 0 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period | 10,000 | |||
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share) | $ 4.3 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number | 167,500 | 180,000 | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price (in Dollars per share) | $ 5.51 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | 4 years 1 month 13 days | 4 years 4 months 13 days | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ 1.98 | $ 1.98 | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares | 167,500 | |||
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount (in Dollars) | $ 81,000 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights | vesting over a three-year period from 2023 through 2025 | |||
Restricted Stock [Member] | ||||
Stock Compensation Plans (Details) [Line Items] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number | 170,000 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | 1 year 3 months 14 days | 1 year 6 months 14 days | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ 4.81 | |||
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount (in Dollars) | $ 264,000 | |||
Share-Based Payment Arrangement, Expense (in Dollars) | $ 20,000 | $ 17,000 | ||
Share-Based Payment Arrangement, Amount Capitalized (in Dollars) | (55,000) | $ 69,000 | ||
Sanders Morris [Member] | ||||
Stock Compensation Plans (Details) [Line Items] | ||||
Financing Receivable, after Allowance for Credit Loss (in Dollars) | $ 200,000 | $ 250,000 | $ 400,000 |
Commitments and Contingencies_2
Commitments and Contingencies (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Dec. 31, 2022 | |
Commitments and Contingencies (Details) [Line Items] | ||
Security Deposit | $ 250 | $ 250 |
Chief Operating Officer [Member] | ||
Commitments and Contingencies (Details) [Line Items] | ||
Employee Agreement, Term | 4 years | |
Chief Financial Officer [Member] | ||
Commitments and Contingencies (Details) [Line Items] | ||
Employee Agreement, Term | 3 years |
Commitments and Contingencies_3
Commitments and Contingencies (Details) - Schedule of Line of Credit Facilities - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Line of Credit Facility [Line Items] | ||
Loan commitments | $ 51,510 | $ 43,588 |
Line of Credit [Member] | ||
Line of Credit Facility [Line Items] | ||
Undisbursed loan commitments | 51,348 | 43,427 |
Standby Letters of Credit [Member] | ||
Line of Credit Facility [Line Items] | ||
Loan commitments | $ 162 | $ 161 |
Commitments and Contingencies_4
Commitments and Contingencies (Details) - Schedule of Fair Value, off-Balance-Sheet Risks $ in Thousands | 3 Months Ended |
Mar. 31, 2023 USD ($) | |
Schedule Of Fair Value Off Balance Sheet Risks Abstract | |
Beginning balance, prior to adoption of ASC 326 | $ 0 |
Impact of adopting ASC 326 | 238 |
Provision for off-balance sheet credit exposure | 35 |
Ending balance | $ 273 |
Related Parties (Details)
Related Parties (Details) - USD ($) $ in Thousands | 3 Months Ended | |||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | |
Cain Watters & Associates [Member] | ||||
Related Parties (Details) [Line Items] | ||||
Related Party Ownership in Company | 30% | |||
Accounts Receivable, after Allowance for Credit Loss | $ 95 | $ 21 | ||
Accounts Payable, Other, Current | 196 | 193 | ||
Cain Watters & Associates [Member] | Techtonic Advisors - CWA Services Agreement [Member] | ||||
Related Parties (Details) [Line Items] | ||||
Revenues | 25 | $ 77 | ||
Sanders Morris [Member] | ||||
Related Parties (Details) [Line Items] | ||||
Financing Receivable, after Allowance for Credit Loss | 200 | 250 | $ 400 | |
Certain Officers, Directors and their Affiliated Companies [Member] | ||||
Related Parties (Details) [Line Items] | ||||
Other Liabilities, Current | $ 6,600 | $ 8,300 |
Regulatory Matters (Details)
Regulatory Matters (Details) $ in Millions | Mar. 31, 2023 USD ($) | Jan. 01, 2015 |
Regulatory Matters (Details) [Line Items] | ||
Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval (in Dollars) | $ 9 | |
Basel III Minimum Capital Ratio Requirments [Member] | ||
Regulatory Matters (Details) [Line Items] | ||
Banking Regulation, Total Risk-Based Capital Ratio, Actual | 10 | |
Banking Regulation, Tier 1 Risk-Based Capital Ratio, Actual | 8 | |
Banking Regulation, Tier 1 Leverage Capital Ratio, Actual | 5 | |
Banking Regulation, Tier 1 Risk-Based Capital Ratio, Excess, Actual | 6.5 |
Regulatory Matters (Details) -
Regulatory Matters (Details) - Schedule of Regulatory Capital Ratio Requirments under Banking Regulations - Basel III Minimum Capital Ratio Requirments [Member] | Mar. 31, 2023 |
Regulatory Matters (Details) - Schedule of Regulatory Capital Ratio Requirments under Banking Regulations [Line Items] | |
Total Risk Based Capital (total capital to risk weighted assets), BASEL III Minimum for Capital Adequacy Requirements | 0.08 |
Total Risk Based Capital (total capital to risk weighted assets), BASEL III Additional Capital Conservation Buffer | 2.50% |
Total Risk Based Capital (total capital to risk weighted assets), BASEL III Ratio with Capital Conservation Buffer | 10.50% |
Tier 1 Risk Based Capital (tier 1 to risk weighted assets), BASEL III Minimum for Capital Adequacy Requirements | 0.06 |
Tier 1 Risk Based Capital (tier 1 to risk weighted assets), BASEL III Additional Capital Conservation Buffer | 2.50% |
Tier 1 Risk Based Capital (tier 1 to risk weighted assets), BASEL III Ratio with Capital Conservation Buffer | 8.50% |
Common Equity Tier 1 Risk Based ( CET1 to risk weighted assets), BASEL III Minimum for Capital Adequacy Requirements | 0.045 |
Common Equity Tier 1 Risk Based ( CET1 to risk weighted assets), BASEL III Additional Capital Conservation Buffer | 2.50% |
Common Equity Tier 1 Risk Based ( CET1 to risk weighted assets), BASEL III Ratio with Capital Conservation Buffer | 7% |
Tier 1 Leverage Ratio (tier 1 to average assets), BASEL III Minimum for Capital Adequacy Requirements | 0.04 |
Tier 1 Leverage Ratio (tier 1 to average assets), BASEL III Additional Capital Conservation Buffer | 0% |
Tier 1 Leverage Ratio (tier 1 to average assets), BASEL III Ratio with Capital Conservation Buffer | 4% |
Regulatory Matters (Details) _2
Regulatory Matters (Details) - Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations $ in Thousands | Mar. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) |
Consolidated Entities [Member] | ||
Total Capital (to Risk Weighted Assets) | ||
Total Capital (to Risk Weighted Assets), Actual, Amount | $ 84,571 | $ 81,317 |
Total Capital (to Risk Weighted Assets), Actual, Ratio | 0.2121 | 0.2021 |
Total Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Amount | $ 41,864 | $ 42,243 |
Total Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Ratio | 0.105 | 0.105 |
Total Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized,Amount | $ 39,870 | $ 40,232 |
Total Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized, Ratio | 0.10 | 0.10 |
Tier 1 Capital (to Risk Weighted Assets) | ||
Tier 1 Capital (to Risk Weighted Assets), Actual, Amount | $ 79,587 | $ 76,805 |
Tier 1 Capital (to Risk Weighted Assets), Actual, Ratio | 0.1996 | 0.1909 |
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Amount | $ 33,890 | $ 34,197 |
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Ratio | 0.085 | 0.085 |
Tier 1 Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized,Amount | $ 31,896 | $ 32,185 |
Tier 1 Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized, Ratio | 0.08 | 0.08 |
Common Equity Tier 1 (to Risk Weighted Assets) | ||
Common Equity Tier 1 (to Risk Weighted Assets), Actual, Amount | $ 62,337 | $ 59,555 |
Common Equity Tier 1 (to Risk Weighted Assets), Actual, Ratio | 0.1563 | 0.148 |
Common Equity Tier 1 (to Risk Weighted Assets), Minimum Capital Required - Basel III , Amount | $ 27,909 | $ 28,162 |
Common Equity Tier 1 (to Risk Weighted Assets), Minimum Capital Required - Basel III , Ratio | 0.07 | 0.07 |
Common Equity Tier 1 (to Risk Weighted Assets), Required to be Considered Well Capitalized,Amount | $ 25,916 | $ 26,150 |
Common Equity Tier 1 (to Risk Weighted Assets), Required to be Considered Well Capitalized, Ratio | 0.065 | 0.065 |
Tier 1 Capital (to Average Assets) | ||
Tier 1 Capital (to Average Assets), Actual, Amount | $ 79,587 | $ 76,805 |
Tier 1 Capital (to Average Assets), Actual, Ratio | 0.1234 | 0.1327 |
Tier 1 Capital (to Average Assets), Minimum Capital Required - Basel III , Amount | $ 25,807 | $ 23,153 |
Tier 1 Capital (to Average Assets), Minimum Capital Required - Basel III , Ratio | 0.04 | 0.04 |
Tier 1 Capital (to Average Assets), Required to be Considered Well Capitalized,Amount | $ 32,259 | $ 28,941 |
Tier 1 Capital (to Average Assets), Required to be Considered Well Capitalized, Ratio | 0.05 | 0.05 |
T. Bank, N. A. [Member] | ||
Total Capital (to Risk Weighted Assets) | ||
Total Capital (to Risk Weighted Assets), Actual, Amount | $ 84,698 | $ 81,279 |
Total Capital (to Risk Weighted Assets), Actual, Ratio | 0.2145 | 0.2042 |
Total Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Amount | $ 41,424 | $ 41,786 |
Total Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Ratio | 0.105 | 0.105 |
Total Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized,Amount | $ 39,452 | $ 39,796 |
Total Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized, Ratio | 0.10 | 0.10 |
Tier 1 Capital (to Risk Weighted Assets) | ||
Tier 1 Capital (to Risk Weighted Assets), Actual, Amount | $ 79,751 | $ 76,767 |
Tier 1 Capital (to Risk Weighted Assets), Actual, Ratio | 0.2021 | 0.1929 |
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Amount | $ 33,534 | $ 33,826 |
Tier 1 Capital (to Risk Weighted Assets), Minimum Capital Required - Basel III , Ratio | 0.085 | 0.085 |
Tier 1 Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized,Amount | $ 31,562 | $ 31,837 |
Tier 1 Capital (to Risk Weighted Assets), Required to be Considered Well Capitalized, Ratio | 0.08 | 0.08 |
Common Equity Tier 1 (to Risk Weighted Assets) | ||
Common Equity Tier 1 (to Risk Weighted Assets), Actual, Amount | $ 79,751 | $ 76,767 |
Common Equity Tier 1 (to Risk Weighted Assets), Actual, Ratio | 0.2021 | 0.1929 |
Common Equity Tier 1 (to Risk Weighted Assets), Minimum Capital Required - Basel III , Amount | $ 27,616 | $ 27,857 |
Common Equity Tier 1 (to Risk Weighted Assets), Minimum Capital Required - Basel III , Ratio | 0.07 | 0.07 |
Common Equity Tier 1 (to Risk Weighted Assets), Required to be Considered Well Capitalized,Amount | $ 25,644 | $ 25,867 |
Common Equity Tier 1 (to Risk Weighted Assets), Required to be Considered Well Capitalized, Ratio | 0.065 | 0.065 |
Tier 1 Capital (to Average Assets) | ||
Tier 1 Capital (to Average Assets), Actual, Amount | $ 79,751 | $ 76,767 |
Tier 1 Capital (to Average Assets), Actual, Ratio | 0.1251 | 0.1347 |
Tier 1 Capital (to Average Assets), Minimum Capital Required - Basel III , Amount | $ 25,495 | $ 22,795 |
Tier 1 Capital (to Average Assets), Minimum Capital Required - Basel III , Ratio | 0.04 | 0.04 |
Tier 1 Capital (to Average Assets), Required to be Considered Well Capitalized,Amount | $ 31,869 | $ 28,494 |
Tier 1 Capital (to Average Assets), Required to be Considered Well Capitalized, Ratio | 0.05 | 0.05 |
Operating Segments (Details) -
Operating Segments (Details) - Schedule of Segment Reporting Information, by Segment - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Income Statement | |||
Total interest income | $ 10,913 | $ 7,549 | |
Total interest expense | 3,870 | 892 | |
Provision for loan losses | 78 | 327 | |
Net interest income (loss) after provision for loan losses | 6,965 | 6,330 | |
Non-interest income | 10,701 | 9,959 | |
Depreciation and amortization expense | 112 | 111 | |
All other non-interest expense | 11,556 | 10,848 | |
Income (loss) before income tax | 5,998 | 5,330 | |
Goodwill and other intangibles | 21,957 | 22,167 | |
Total assets | 631,495 | 567,365 | $ 612,536 |
HoldCo [Member] | |||
Income Statement | |||
Total interest income | 0 | 0 | |
Total interest expense | 265 | 219 | |
Provision for loan losses | 0 | 0 | |
Net interest income (loss) after provision for loan losses | (265) | (219) | |
Non-interest income | 0 | 0 | |
Depreciation and amortization expense | 0 | 0 | |
All other non-interest expense | 648 | 455 | |
Income (loss) before income tax | (913) | (674) | |
Goodwill and other intangibles | 0 | 0 | |
Total assets | 851 | 375 | |
Banking [Member] | |||
Income Statement | |||
Total interest income | 10,913 | 7,549 | |
Total interest expense | 3,605 | 673 | |
Provision for loan losses | 78 | 327 | |
Net interest income (loss) after provision for loan losses | 7,230 | 6,549 | |
Non-interest income | 884 | 255 | |
Depreciation and amortization expense | 96 | 95 | |
All other non-interest expense | 4,002 | 3,578 | |
Income (loss) before income tax | 4,016 | 3,131 | |
Goodwill and other intangibles | 19,607 | 19,817 | |
Total assets | 617,228 | 556,766 | |
Financial Service, Other [Member] | |||
Income Statement | |||
Total interest income | 0 | 0 | |
Total interest expense | 0 | 0 | |
Provision for loan losses | 0 | 0 | |
Net interest income (loss) after provision for loan losses | 0 | 0 | |
Non-interest income | 9,817 | 9,704 | |
Depreciation and amortization expense | 16 | 16 | |
All other non-interest expense | 6,906 | 6,815 | |
Income (loss) before income tax | 2,895 | 2,873 | |
Goodwill and other intangibles | 2,350 | 2,350 | |
Total assets | $ 13,416 | $ 10,224 |
Fair Value of Financials Inst_3
Fair Value of Financials Instruments (Details) | 3 Months Ended |
Mar. 31, 2023 USD ($) | |
Fair Value Disclosures [Abstract] | |
Servicing Asset at Fair Value, Additions | $ 38,000 |
Proceeds from Sale, Loan, Held-for-Sale | $ 5,800,000 |
Fair Value of Financials Inst_4
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
US Treasury Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | $ 1,971 | $ 1,953 |
US Government Agencies Debt Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | 13,423 | 13,088 |
Collateralized Mortgage-Backed Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
Mortgage-backed securities | 4,703 | 5,592 |
Fair Value, Inputs, Level 1 [Member] | US Treasury Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage-Backed Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
Mortgage-backed securities | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | US Treasury Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | 1,971 | 1,953 |
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | 13,423 | 13,088 |
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage-Backed Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
Mortgage-backed securities | 4,703 | 5,592 |
Fair Value, Inputs, Level 3 [Member] | US Treasury Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
U.S. government agencies | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage-Backed Securities [Member] | ||
Fair Value of Financials Instruments (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
Mortgage-backed securities | $ 0 | $ 0 |
Fair Value of Financials Inst_5
Fair Value of Financials Instruments (Details) - Fair Value, by Balance Sheet Grouping - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Level 2 inputs: | ||
Securities available for sale, carrying amount | $ 20,097 | $ 20,633 |
Level 3 inputs: | ||
Securities held to maturity, carrying amount | 25,133 | 25,262 |
Securities held to maturity, estimated fair value | 26,341 | 26,482 |
Securities not readily marketable, carrying amount | 100 | 100 |
Securities not readily marketable, estimated fair value | 100 | 100 |
Loans, net, carrying amount | 449,313 | 445,819 |
Level 1 inputs: | ||
Non-interest bearing deposits, carrying amount | 106,434 | 94,187 |
Non-interest bearing deposits, estimated fair value | 94,187 | |
Level 2 inputs: | ||
Interest bearing deposits, carrying amount | 125,424 | 137,148 |
Fair Value, Inputs, Level 1 [Member] | ||
Level 1 inputs: | ||
Cash and cash equivalents, carrying amount | 76,207 | 42,155 |
Cash and cash equivalents, estimated fair value | 76,207 | 42,155 |
Level 1 inputs: | ||
Non-interest bearing deposits, carrying amount | 106,434 | |
Non-interest bearing deposits, estimated fair value | 106,434 | |
Fair Value, Inputs, Level 2 [Member] | ||
Level 2 inputs: | ||
Securities available for sale, carrying amount | 20,097 | 20,633 |
Securities available for sale, estimated fair value | 20,097 | 20,633 |
Securities, restricted, carrying amount | 4,109 | 3,496 |
Securities, restricted, estimated fair value | 4,109 | 3,496 |
Loans held for sale, carrying amount | 13,503 | 33,902 |
Loans held for sale, estimated fair value | 14,657 | 36,470 |
Accrued interest receivable, carrying amount | 3,500 | 3,102 |
Accrued interest receivable, estimated fair value | 3,500 | 3,102 |
Level 2 inputs: | ||
Interest bearing deposits, carrying amount | 402,006 | 398,838 |
Interest bearing deposits, estimated fair value | 396,957 | 398,806 |
Borrowed funds, carrying amount | 12,000 | 12,000 |
Borrowed funds, estimated fair value | 12,000 | 12,000 |
Accrued interest payable, carrying amount | 584 | 592 |
Accrued interest payable, estimated fair value | 584 | 592 |
Fair Value, Inputs, Level 3 [Member] | ||
Level 3 inputs: | ||
Securities held to maturity, carrying amount | 25,133 | 25,262 |
Securities held to maturity, estimated fair value | 26,341 | 26,482 |
Loans, net, carrying amount | 449,313 | 445,819 |
Loans, net, estimated fair value | 438,621 | 438,956 |
Servicing asset, carrying amount | 350 | 324 |
Servicing asset, estimated fair value | $ 350 | $ 324 |