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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (299) $ (699)
Adjustments to reconcile net loss to net cash provided (used in) by operating activities:    
Accretion of investment premiums and discounts, net (38) (23)
Amortization and accretion of purchase loan premiums and discounts, net 154 698
Amortization of debt issuance costs 43 44
Amortization of core deposit intangible 12 11
Amortization of servicing assets of sold SBA loans 19 27
Provision for credit losses 658 2,220
Depreciation and amortization 284 275
Loss (gain) on sales of available-for-sale securities 24 (24)
Loss on sale of premises and equipment 3 0
Share-based compensation 24 23
Decrease (increase) in deferred income taxes, net 40 (261)
Originations of loans held for sale, net (133,569) (3,218)
Proceeds from sale of loans held for sale 134,965 1,628
Gains on sale of loans held for sale, net (267) (81)
Changes in assets and liabilities:    
Decrease (increase) in accrued interest and dividends receivable 609 (41)
(Increase) decrease in other assets (311) 1,003
Decrease in accrued expenses and other liabilities (552) (1,794)
Net cash provided by (used in) operating activities 1,799 (212)
Cash Flows from Investing Activities:    
Proceeds from maturity or sales on available-for-sale securities 2,281 1,780
Principal repayments on available-for-sale securities 1,068 1,074
Purchases of available-for-sale securities (2,319) (8,343)
Purchases of Federal Reserve Bank stock (110) (46)
Redemptions (purchases) of Federal Home Loan Bank stock 1,550 (2,500)
Origination of loans receivable (11,184) (48,490)
Purchases of loans receivable (47) (10,623)
Payments received on loans receivable 52,274 26,309
Purchases of premises and equipment (41) (98)
Net cash provided by (used in) investing activities 43,472 (40,937)
Cash Flows from Financing Activities:    
Increase (decrease) in deposits, net 19,413 (3,978)
(Decrease) increase in FHLB, FRB and correspondent bank borrowings (40,000) 65,000
Principal repayments of note payable (53) (52)
Increase in advances from borrowers for taxes and insurance 1,608 1,938
Net cash (used in) provided by financing activities (19,032) 62,908
Net increase in cash, cash equivalents and restricted cash 26,239 21,759
Cash, cash equivalents and restricted cash at beginning of period 66,536 38,493
Cash, cash equivalents and restricted cash at end of period 92,775 60,252
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 7,996 5,438
Cash paid for income taxes 0 (2)
Non-cash transactions:    
Net change in unrealized (gain) loss on available-for-sale securities 471 (1,247)
Transfers of loans held for sale to loans receivable 5,526 0
Capitalized servicing assets 64 34
Operating lease right-of-use assets / liabilities 138 0
Decrease in interest rate swaps 23 (97)
Expected credit loss for loans - ASC 326 adoption 0 13,001
Expected credit loss for unfunded loan commitments - ASC 326 adoption 0 2,737
Deferred tax assets - ASC 326 adoption $ 0 $ (4,228)