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Fair Value (Tables) | 6 Months Ended
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Jun. 30, 2022
Fair Value [Abstract] |
Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities |
| Fair Value Measurements at ‎ June 30, 2022 using Significant ‎Other Observable Inputs
| (Level 2)
| (unaudited)
Financial Assets: |  |
Securities available for sale: |  |
Corporate debt | $ | 8,250
Issued by U.S. government-sponsored entities and agencies: |  |
U.S. Treasury |  | 3,944
Mortgage-backed securities - residential |  | 26
Total securities available for sale | $ | 12,220
Derivative assets | $ | 2,834
Financial Liabilities: |  |
Derivative liabilities | $ | 2,834
| Fair Value Measurements at ‎ December 31, 2021 using Significant ‎Other Observable Inputs
| (Level 2)
Financial Assets: |  |
Securities available for sale: |  |
Corporate debt | $ | 9,750
Issued by U.S. government-sponsored entities and agencies: |  |
U.S. Treasury |  | 6,561
Mortgage-backed securities - residential |  | 36
Total securities available for sale | $ | 16,347
Loans held for sale | $ | 27,988
Derivative assets | $ | 538
Interest rate lock commitments | $ | 555
Financial Liabilities: |  |
Derivative liabilities |  | 538
TBA Mortgage-backed securities | $ | 73
Aggregate Fair Value, Contractual Balance And Gain Or Loss |
| June 30, 2022 |  | December 31, 2021
| (unaudited) |  |  |
Aggregate fair value | $ | - |  | $ | 27,988
Contractual balance |  | - |  |  | 27,632
Gain (loss) | $ | - |  | $ | 356
Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings |
| Three months ended June 30, |  | Six months ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (unaudited) |  | (unaudited)
Interest income | $ | - |  | $ | 2,119 |  | $ | 172 |  | $ | 4,339
Interest expense |  | - |  |  | - |  |  | - |  |  | -
Change in fair value |  | 92 |  |  | (1,012) |  |  | (356) |  |  | (5,925)
Total change in fair value | $ | 92 |  | $ | 1,107 |  | $ | (184) |  | $ | (1,586)
Carrying Amounts And Estimated Fair Values Of Financial Instruments | The carrying amounts and estimated fair values of financial instruments at June 30, 2022 were as follows:
| Fair Value Measurements at June 30, 2022 Using:
| Carrying |  |  |  |  |  |  |  |  |  |  |  |
(unaudited) | Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 154,850 |  | $ | 154,850 |  | $ | - |  | $ | - |  | $ | 154,850
Interest-bearing deposits in other financial institutions |  | 100 |  |  | 100 |  |  | - |  |  | - |  |  | 100
Securities available for sale |  | 12,220 |  |  | - |  |  | 12,220 |  |  | - |  |  | 12,220
Equity Securities |  | 5,000 |  |  | - |  |  | 5,000 |  |  | - |  |  | 5,000
Loans and leases, net |  | 1,378,227 |  |  | - |  |  | - |  |  | 1,354,706 |  |  | 1,354,706
FHLB and FRB stock |  | 7,332 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a
Accrued interest receivable |  | 4,991 |  |  | 12 |  |  | 181 |  |  | 4,798 |  |  | 4,991
Derivative assets |  | 2,834 |  |  | - |  |  | 2,834 |  |  | - |  |  | 2,834
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits | $ | (1,377,489) |  | $ | (747,367) |  | $ | (620,566) |  | $ | - |  | $ | (1,367,933)
FHLB advances and other borrowings |  | (75,594) |  |  | - |  |  | (73,724) |  |  | - |  |  | (73,724)
Advances by borrowers for taxes and insurance |  | (1,879) |  |  | - |  |  | - |  |  | (1,879) |  |  | (1,879)
Subordinated debentures |  | (14,903) |  |  | - |  |  | (13,648) |  |  | - |  |  | (13,648)
Accrued interest payable |  | (281) |  |  | - |  |  | (281) |  |  | - |  |  | (281)
Derivative liabilities |  | (2,834) |  |  | - |  |  | (2,834) |  |  | - |  |  | (2,834)
The carrying amounts and estimated fair values of financial instruments at December 31, 2021 were as follows:
| Fair Value Measurements at December 31, 2021 Using:
| Carrying |  |  |  |  |  |  |  |  |  |  |  |
| Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 166,591 |  | $ | 166,591 |  | $ | - |  | $ | - |  | $ | 166,591
Interest-bearing deposits in other financial institutions |  | 100 |  |  | 100 |  |  | - |  |  | - |  |  | 100
Securities available for sale |  | 16,347 |  |  | - |  |  | 16,347 |  |  | - |  |  | 16,347
Equity Securities |  | 5,000 |  |  | - |  |  | 5,000 |  |  | - |  |  | 5,000
Loans held for sale |  | 27,988 |  |  | - |  |  | 27,988 |  |  | - |  |  | 27,988
Loans and leases, net |  | 1,214,149 |  |  | - |  |  | - |  |  | 1,231,228 |  |  | 1,231,228
FHLB and FRB stock |  | 7,315 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a
Accrued interest receivable |  | 4,143 |  |  | 2 |  |  | 91 |  |  | 3,947 |  |  | 4,040
Derivative assets |  | 538 |  |  | - |  |  | 538 |  |  | - |  |  | 538
Interest rate lock commitments |  | 555 |  |  | - |  |  | 555 |  |  | - |  |  | 555
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits | $ | (1,246,352) |  | $ | (661,818) |  | $ | (585,214) |  | $ | - |  | $ | (1,247,032)
FHLB advances and other borrowings |  | (89,727) |  |  | - |  |  | (90,670) |  |  | - |  |  | (90,670)
Advances by borrowers for taxes and insurance |  | (2,752) |  |  | - |  |  | - |  |  | (2,752) |  |  | (2,752)
Subordinated debentures |  | (14,883) |  |  | - |  |  | (16,051) |  |  | - |  |  | (16,051)
Accrued interest payable |  | (228) |  |  | - |  |  | (228) |  |  | - |  |  | (228)
Derivative liabilities |  | (538) |  |  | - |  |  | (538) |  |  | - |  |  | (538)
TBA mortgage-backed securities |  | (73) |  |  | - |  |  | (73) |  |  | - |  |  | (73)

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- Definition Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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