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Subsequent Events
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On November 1, 2023, the Company initiated a reduction in force which will result in a restructuring charge of approximately $500,000 in the fourth quarter of 2023 and an annualized reduction in salary and benefit costs pertaining to these specific staff changes of approximately $3.5 million.
At the date of this filing, the Company is in negotiations with a third party consumer loan originator/servicer which, when finalized, is expected to result in the recognition of a material recovery of a portion of the ACL and commitment reserve associated with its consumer loan portfolio.