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Fair Value (Tables) | 9 Months Ended
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Sep. 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 ‎ September 30, 2022 using Significant ‎Other Observable Inputs
| (Level 2)
| (unaudited)
Financial Assets: |  |
Securities available for sale: |  |
Corporate debt | $ | 8,000
Issued by U.S. government-sponsored entities and agencies: |  |
U.S. Treasury |  | 3,415
Mortgage-backed securities - residential |  | 21
Total securities available for sale | $ | 11,436
Derivative assets | $ | 4,316
Financial Liabilities: |  |
Derivative liabilities | $ | 4,316
| 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 |
| September 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 September 30, |  | Nine months ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (unaudited) |  | (unaudited)
Interest income | $ | - |  | $ | 1,008 |  | $ | 165 |  | $ | 5,347
Interest expense |  | - |  |  | - |  |  | - |  |  | -
Change in fair value |  | - |  |  | (1,916) |  |  | (356) |  |  | (7,841)
Total change in fair value | $ | - |  | $ | (908) |  | $ | (191) |  | $ | (2,494)
Carrying Amounts And Estimated Fair Values Of Financial Instruments | The carrying amounts and estimated fair values of financial instruments at September 30, 2022 were as follows:
| Fair Value Measurements at September 30, 2022 Using:
| Carrying |  |  |  |  |  |  |  |  |  |  |  |
(unaudited) | Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 198,066 |  | $ | 198,066 |  | $ | - |  | $ | - |  | $ | 198,066
Interest-bearing deposits in other financial institutions |  | 100 |  |  | 100 |  |  | - |  |  | - |  |  | 100
Securities available for sale |  | 11,436 |  |  | - |  |  | 11,436 |  |  | - |  |  | 11,436
Equity Securities |  | 5,000 |  |  | - |  |  | 5,000 |  |  | - |  |  | 5,000
Loans and leases, net |  | 1,473,883 |  |  | - |  |  | - |  |  | 1,431,042 |  |  | 1,431,042
FHLB and FRB stock |  | 7,633 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a
Accrued interest receivable |  | 7,179 |  |  | 154 |  |  | 223 |  |  | 6,802 |  |  | 7,179
Other assets held for sale |  | 1,930 |  |  | - |  |  | - |  |  | 1,930 |  |  | 1,930
Derivative assets |  | 4,316 |  |  | - |  |  | 4,316 |  |  | - |  |  | 4,316
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits | $ | (1,489,983) |  | $ | (889,986) |  | $ | (586,002) |  | $ | - |  | $ | (1,475,988)
FHLB advances and other borrowings |  | (102,803) |  |  | - |  |  | (98,503) |  |  | - |  |  | (98,503)
Advances by borrowers for taxes and insurance |  | (2,573) |  |  | - |  |  | - |  |  | (2,573) |  |  | (2,573)
Subordinated debentures |  | (14,912) |  |  | - |  |  | (13,508) |  |  | - |  |  | (13,508)
Accrued interest payable |  | (638) |  |  | - |  |  | (638) |  |  | - |  |  | (638)
Derivative liabilities |  | (4,316) |  |  | - |  |  | (4,316) |  |  | - |  |  | (4,316)
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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