XML 38 R29.htm IDEA: XBRL DOCUMENT v3.23.3

INVESTMENT SECURITIES (Tables)

9 Months Ended

Sep. 30, 2023

Investments, Debt and Equity Securities [Abstract]

Schedule of amortized cost and estimated fair values of securities available-for-sale

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Gross

Gross

​

​

​

​

​

Amortized

​

unrealized

​

unrealized

​

Estimated

​

​

cost

​

gains

​

losses

​

fair value

September 30, 2023

​

​

​

​

​

​

U.S. Government Agencies

​

$

1,501

​

$

—

​

$

—

​

$

1,501

Municipal securities

​

20,302

​

2

​

(2,119)

​

18,185

Mortgage-backed securities

​

33,489

​

11

​

(5,074)

​

28,426

Collateralized mortgage obligations

​

28,782

​

—

​

(3,139)

​

25,643

SBA securities

​

5,632

​

59

​

(98)

​

5,593

Corporate bonds

​

80,373

​

10

​

(13,886)

​

66,497

Total

​

$

170,079

​

$

82

​

$

(24,316)

​

$

145,845

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Gross

Gross

​

​

​

​

​

Amortized

​

unrealized

​

unrealized

​

Estimated

​

​

cost

​

gains

​

losses

​

fair value

December 31, 2022 (As Restated)

​

​

​

​

​

​

U.S. Government Agencies

​

$

1,505

​

$

—

​

$

—

​

$

1,505

Municipal securities

​

21,099

​

2

​

(1,544)

​

19,557

Mortgage-backed securities

​

37,199

​

23

​

(4,212)

​

33,010

Collateralized mortgage obligations

​

28,153

​

—

​

(2,729)

​

25,424

SBA securities

​

4,381

​

19

​

(95)

​

4,305

Corporate bonds

​

77,900

​

156

​

(7,853)

​

70,203

Total

​

$

170,237

​

$

200

​

$

(16,433)

​

$

154,004

Schedule of available-for-sale securities, continuous unrealized loss position, fair value

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Less than 12 months

​

12 months or more

​

Total

​

Estimated

Unrealized

Estimated

Unrealized

Estimated

Unrealized

​

​

fair value

​

loss

​

fair value

​

loss

​

fair value

​

loss

September 30, 2023

​

​

​

​

​

​

​

Municipal securities

​

$

1,441

​

$

(16)

​

$

15,178

​

$

(2,103)

​

$

16,619

​

$

(2,119)

Mortgage-backed securities

​

​

—

​

​

—

​

​

27,653

​

​

(5,074)

​

​

27,653

​

​

(5,074)

Collateralized mortgage obligations

​

3,147

​

​

(28)

​

​

22,496

​

​

(3,111)

​

25,643

​

(3,139)

SBA securities

​

—

​

​

—

​

​

1,604

​

​

(98)

​

1,604

​

(98)

Corporate bonds

​

—

​

​

—

​

​

62,514

​

​

(13,886)

​

62,514

​

(13,886)

Total

​

$

4,588

​

$

(44)

​

$

129,445

​

$

(24,272)

​

$

134,033

​

$

(24,316)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Less than 12 months

​

12 months or more

​

Total

​

Estimated

Unrealized

Estimated

Unrealized

Estimated

Unrealized

​

​

fair value

​

loss

​

fair value

​

loss

​

fair value

​

loss

December 31, 2022 (As Restated)

​

​

​

​

​

​

​

Municipal securities

​

$

1,147

​

$

(8)

​

$

16,843

​

$

(1,536)

​

$

17,990

​

$

(1,544)

Mortgage-backed securities

​

—

​

—

​

31,291

​

(4,212)

​

31,291

​

(4,212)

Collateralized mortgage obligations

​

2,284

​

(26)

​

23,140

​

(2,703)

​

25,424

​

(2,729)

SBA securities

​

—

​

—

​

1,416

​

(95)

​

1,416

​

(95)

Corporate bonds

​

—

​

—

​

64,797

​

(7,853)

​

64,797

​

(7,853)

Total

​

$

3,431

​

$

(34)

​

$

137,487

​

$

(16,399)

​

$

140,918

​

$

(16,433)

Schedule of investments classified by contractual maturity date

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

September 30, 2023

​

December 31, 2022

​

Amortized

Estimated

Amortized

Estimated

​

​

cost

​

fair value

​

cost

​

fair value

​

​

​

​

​

​

​

​

(As Restated)

​

(As Restated)

Available-for-sale

​

​

​

​

Due in one year or less

​

$

7,127

​

$

7,094

​

$

4,994

​

$

4,960

Due after one through five years

​

17,483

​

16,111

​

18,892

​

17,925

Due after five years through ten years

​

100,031

​

83,665

​

95,071

​

85,482

Due after ten years

​

45,438

​

38,975

​

51,280

​

45,637

Total

​

$

170,079

​

$

145,845

​

$

170,237

​

$

154,004

X

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI https://asc.fasb.org/topic&trid=2196928

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 55
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=121590138&loc=SL82922954-210456

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124269663&loc=SL82922888-210455

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration