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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net (loss) income $ (4,179) $ 6,161 $ 5,094
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
(Accretion) amortization of investment premiums and discounts, net (116) (51) 267
Amortization and accretion of purchase loan premiums and discounts, net 1,902 2,722 2,087
Amortization of debt issuance costs 177 38 111
Amortization of core deposit intangible 46 47 47
Amortization of servicing assets of sold SBA loans 114 98 67
Impairment of intangible assets 1,107 0 0
Provision (credit) for credit losses 7,429 1,885 (500)
Depreciation and amortization 1,193 1,325 1,521
Gain on sales of available-for-sale securities (24) 0 (76)
Gain on sale of premises and equipment 0 0 (550)
Share-based compensation 105 86 150
(Increase) decrease in deferred income taxes, net (4,211) 1,490 (261)
Originations of loans held for sale, net (189,453) (23,972) (16,574)
Proceeds from sale of loans held for sale 174,066 23,077 16,267
Gains on sale of loans held for sale, net (169) (1,461) (1,886)
Net gain on sale and write-down of other real estate owned 0 0 (2)
Changes in assets and liabilities:      
Decrease (increase) in accrued interest and dividends receivable 48 (1,445) 798
Decrease (increase) in other assets 1,750 (879) (2,124)
(Decrease) increase in accrued expenses and other liabilities (500) (2,085) 3,160
Net cash (used in) provided by operating activities (10,715) 7,036 7,596
Cash Flows from Investing Activities:      
Proceeds from maturity or sales on available-for-sale securities 1,780 3,600 77,690
Principal repayments on available-for-sale securities 4,324 6,723 11,667
Purchases of available-for-sale securities (10,415) (19,330) (136,135)
Redemptions (purchases) of Federal Reserve Bank stock 537 216 (60)
(Purchases) redemptions of Federal Home Loan Bank stock (328) 310 319
Origination of loans receivable (145,531) (211,383) (220,349)
Purchases of loans receivable (21,108) (141,412) (89,338)
Payments received on loans receivable 143,977 239,639 298,059
Purchases of premises and equipment (412) (414) (430)
Proceeds from sale of premises and equipment 0 0 1,464
Proceeds from sale of other real estate owned 0 0 1,908
Net cash used in investing activities (27,176) (122,051) (55,205)
(Decrease) increase in deposits, net      
(Decrease) increase in deposits, net (20,135) 111,884 62,906
Increase (decrease) in FHLB, FRB and correspondent bank borrowings 86,000 (5,000) 0
Repayments of senior notes 0 (12,000) 0
Proceeds from issuance of senior notes 0 12,000 0
Principal repayments of note payable (209) (206) (203)
Increase (decrease) in advances from borrowers for taxes and insurance 278 (215) (2,685)
Net cash provided by financing activities 65,934 106,463 60,018
Net increase (decrease) in cash, cash equivalents and restricted cash 28,043 (8,552) 12,409
Cash and cash equivalents at beginning of year 38,493 47,045 34,636
Cash and cash equivalents at end of year 66,536 38,493 47,045
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 29,631 10,472 7,210
Cash paid for income taxes, net 3,536 102 140
Non-cash transactions:      
Net change in unrealized (gain) loss on available-for-sale securities (384) 14,008 1,119
Transfers of SBA loans held for sale to loans receivable 0 274 281
Transfers of loans receivable to OREO 2,843 0 0
Capitalized servicing assets 85 400 335
Operating lease right-of-use assets 16 80 373
(Decrease) increase in interest rate swaps (129) (535) 449
Deferred cost for capital raise 0 (825) 825
Deferred debt issuance costs 56 360 0
Increase in premises and equipment 0 0 10
Reclassification of premises and equipment to implementation cost 0 0 52
Increase in accrued expense and other liabilities 0 0 (62)
Expected credit loss for loans - ASC 326 adoption 13,001 0 0
Expected credit loss for unfunded loan commitments - ASC 326 adoption 2,737 0 0
Deferred tax assets - ASC 326 adoption (4,228) 0 0
Retained earnings adjustment - ASC 326 adoption $ 11,510 $ 0 $ 0