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Loans
 12 Months Ended
Dec. 31, 2023
Receivables [Abstract]  
Loans
Loans
The Company originates commercial, industrial and real estate loans to businesses and faith-based ministries throughout the metropolitan St. Louis, Missouri area, Colorado Springs, Colorado and other selected cities in the United States. The Company does not have any particular concentration of credit in any one economic sector; however, a substantial portion of the commercial and industrial loans is extended to privately-held commercial companies and franchises in these market areas and are generally secured by the assets of the business. The Company also has a substantial portion of real estate
loans secured by mortgages that are extended to faith-based ministries in its market area and selected cities in the United States.
A summary of loan categories is as follows:
December 31,
(In thousands)20232022
Commercial and industrial$498,502 $561,616 
Real estate:
Commercial:
Mortgage 118,371 108,166 
Construction 8,233 17,874 
Faith-based:
Mortgage 381,368 387,114 
Construction 7,790 8,094 
Other 54 42 
Total loans $1,014,318 $1,082,906 
The following table presents the aging of loans by loan categories at December 31, 2023:
PerformingNonperforming
(In thousands)Current30-59
Days		60-89
Days		90 Days
and
Over		Non-
accrual		Total
Loans
Commercial and industrial$498,502 $— $— $— $— $498,502 
Real estate
Commercial:
Mortgage118,371 — — — — 118,371 
Construction8,233 — — — — 8,233 
Faith-based:
Mortgage381,368 — — — — 381,368 
Construction7,790 — — — — 7,790 
PPP— — — — — — 
Other54 — — — — 54 
Total$1,014,318 $— $— $— $— $1,014,318 
The following table presents the aging of loans by loan categories at December 31, 2022:
PerformingNonperforming
(In thousands)Current30-59
Days		60-89
Days		90 Days
and
Over		Non-
accrual		Total
Loans
Commercial and industrial$560,466 $— $— $— $1,150 $561,616 
Real estate
Commercial:
Mortgage108,166 — — — — 108,166 
Construction17,874 — — — — 17,874 
Faith-based:
Mortgage387,114 — — — — 387,114 
Construction8,094 — — — — 8,094 
PPP— — — — — — 
Other42 — — — — 42 
Total$1,081,756 $— $— $— $1,150 $1,082,906 
The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of December 31, 2023:
(In thousands)
Loans
Subject to
Normal
Monitoring(1)
Performing
Loans Subject to
Special
Monitoring(2)
Nonperforming
Loans Subject
to Special
Monitoring(2)
Total Loans
Commercial and industrial $498,502 $— $— $498,502 
Real estate
Commercial:
Mortgage 118,371 — — 118,371 
Construction 8,233 — — 8,233 
Faith-based:
Mortgage 375,865 5,503 — 381,368 
Construction 7,790 — — 7,790 
PPP — — — — 
Other54 — — 54 
Total $1,008,815 $5,503 $— $1,014,318 
(1)Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk and have the apparent ability to satisfy their loan obligation.
(2)Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a higher level of management attention.
The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of December 31, 2022:
(In thousands)
Loans
Subject to
Normal
Monitoring(1)
Performing
Loans Subject to
Special
Monitoring(2)
Nonperforming
Loans Subject
to Special
Monitoring(2)
Total Loans
Commercial and industrial $549,241 $11,225 $1,150 $561,616 
Real estate
Commercial:
Mortgage 108,166 — — 108,166 
Construction 17,874 — — 17,874 
Faith-based:
Mortgage 386,169 945 — 387,114 
Construction 8,094 — — 8,094 
PPP— — — — 
Other42 — — 42 
Total $1,069,586 $12,170 $1,150 $1,082,906 
(1)Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk and have the apparent ability to satisfy their loan obligation.
(2)Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a higher level of management attention.