XML 77 R68.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value of Financial Instruments - Estimated Fair Value and Carrying Value of Financial Instrument (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Dec. 31, 2021
Financial assets:        
Investment securities held-to-maturity $ 13,867 $ 12,728    
SBA servicing asset 4,400 5,200    
Investment in BFG 4,000 4,800 $ 4,500 $ 5,900
Level 1 | Carrying Amount        
Financial assets:        
Cash and cash equivalents 126,771 100,567    
Level 1 | Estimated Fair Value        
Financial assets:        
Cash and cash equivalents 126,771 100,567    
Level 2 | Carrying Amount        
Financial assets:        
Investment securities held-to-maturity 15,840 14,292    
Investment in FHLB stock 476 449    
Loans held-for-sale 45,710 23,589    
Accrued interest receivable 2,711 1,818    
SBA servicing asset 4,398 5,210    
Financial liabilities:        
Total deposits 386,753 242,998    
Accrued interest payable 581 54    
PPP Liquidity Facility 221 314    
Level 2 | Estimated Fair Value        
Financial assets:        
Investment securities held-to-maturity 13,867 12,728    
Investment in FHLB stock 476 449    
Loans held-for-sale 45,710 23,589    
Accrued interest receivable 2,711 1,818    
SBA servicing asset 4,398 5,210    
Financial liabilities:        
Total deposits 361,998 221,287    
Accrued interest payable 581 54    
PPP Liquidity Facility 221 314    
Level 3 | Carrying Amount        
Financial assets:        
Loans held for investment 324,197 224,217    
Investment in BFG 4,000 4,800    
Level 3 | Estimated Fair Value        
Financial assets:        
Loans held for investment 343,070 237,225    
Investment in BFG $ 4,000 $ 4,800