XML 72 R57.htm IDEA: XBRL DOCUMENT v3.22.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
12 Months Ended
Oct. 11, 2019
USD ($)
Oct. 10, 2019
USD ($)
$ / shares
shares
Sep. 13, 2019
Dec. 31, 2021
USD ($)
item
segment
subsidiary
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
shares
Dec. 31, 2018
shares
Feb. 15, 2019
USD ($)
ACCOUNTING POLICIES                
Issuance of common stock (in shares) | shares   9,429,794       9,429,794    
Share price | $ / shares   $ 16            
Loans with payment modifications due to COVID-19       $ 204,000 $ 27,986,000      
Proceeds from initial public offering   $ 138,493,000            
Special dividend fund   $ 169,000,000            
Special dividend per share | $ / shares   $ 9.43            
Pro forma dilutive instruments | shares           0 0  
Number of Subsidiary | subsidiary       5        
Number of primary components of allowance for loan losses | item       2        
Actual loss history period       4 years        
Internal review threshold       $ 500,000        
Definite useful lives of other identifiable intangible assets       10 years        
Branch buildings classified as held for sale       $ 1,452,000 121,000      
Number of segments | segment       1        
Percentage matching the compensation contributed by employees       5.00%        
Provision for prepaid dividend       $ 0        
Deferred tax asset $ 534,000     3,365,000        
Income tax benefit $ (534,000)     20,291,000 12,728,000 $ 5,256,000    
Uncertain tax positions       $ 0 $ 0      
Common stock and preferred stock, shares authorized | shares   150,000,000            
Common stock, shares converted | shares   1            
Common stock, shares authorized | shares   125,000,000   125,000,000 125,000,000      
Common stock, par value (in dollars per share) | $ / shares   $ 0.01   $ 0.01 $ 0.01      
Preferred stock, shares authorized | shares   25,000,000   25,000,000 25,000,000      
Preferred stock, par value (in dollars per share) | $ / shares   $ 0.01   $ 0.01 $ 0.01      
Common Stock                
ACCOUNTING POLICIES                
Stock split ratio     20          
Series A Nonvoting                
ACCOUNTING POLICIES                
Stock split ratio     20          
Financial asset acquired with credit deterioration | Loans                
ACCOUNTING POLICIES                
Allowance for credit loss       $ 0        
First Community Title Services, Inc.                
ACCOUNTING POLICIES                
Consideration received               $ 498,000