XML 50 R41.htm IDEA: XBRL DOCUMENT v3.23.3
Adoption of New Accounting Standard (Restated) - Summary of Impact to the Consolidated Balance Sheet as the Result of Adopting ASC 326 (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Jan. 01, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Assets:          
Loans held for investment, net of deferred fees and costs $ 2,444,795   $ 2,399,092 [1]    
Allowance for credit losses (35,961)   (30,740) [1] $ (12,013) $ (12,121)
Deferred tax asset, net 12,728   12,227 [1]    
Liabilities:          
Reserve for unfunded commitments (1)   $ 3,700 1,812    
Stockholders' Equity:          
Retained earnings 91,220   97,682 [1]    
January 1, 2023 Post-ASC 326 Adoption [Member]          
Assets:          
Loans held for investment, net of deferred fees and costs   2,399,757      
Allowance for credit losses $ (7,400) (38,158)      
Deferred tax asset, net   14,561      
Liabilities:          
Reserve for unfunded commitments (1)   5,504      
Stockholders' Equity:          
Retained earnings   $ 89,571      
Impact of ASC 326 Adoption [Member]          
Assets:          
Loans held for investment, net of deferred fees and costs     665    
Allowance for credit losses     (7,418)    
Deferred tax asset, net     2,334    
Liabilities:          
Reserve for unfunded commitments (1)     3,692    
Stockholders' Equity:          
Retained earnings     $ (8,111)    
[1] Derived from audited December 31, 2022 Consolidated Financial Statements, as restated in Amended Form 10-K/A.