XML 68 R58.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Fair Value and Interest Rate Risk - Financial Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities $ 86,667 $ 89,187
SBA servicing assets 873 932
Carrying Amount    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets, total 976,118 1,031,159
Financial liabilities, total 991,089 1,042,725
Estimated Fair Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets, total 950,181 1,011,946
Financial liabilities, total 986,705 1,040,638
Level 1 | Carrying Amount    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Restricted cash 41 14,019
Level 1 | Carrying Amount | Brokered Deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 21,202 40,526
Level 1 | Carrying Amount | Cash and noninterest bearing balances due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 2,514 2,195
Level 1 | Carrying Amount | Interest-bearing deposits due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 91,097 50,322
Level 1 | Estimated Fair Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Restricted cash 41 14,019
Level 1 | Estimated Fair Value | Brokered Deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 21,157 40,453
Level 1 | Estimated Fair Value | Cash and noninterest bearing balances due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 2,514 2,195
Level 1 | Estimated Fair Value | Interest-bearing deposits due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 91,097 50,322
Level 2 | Carrying Amount    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 76,302 78,925
Other investments 4,450 4,450
Federal Reserve Bank stock 2,193 2,090
Federal Home Loan Bank stock 3,571 4,202
Loans held for sale 14,092 20,767
Other real estate owned 2,843 2,843
Accrued interest receivable 6,452 7,219
FHLB, FRB and correspondent bank borrowings 156,900 171,000
Senior notes 11,792 11,723
Subordinated debt 9,883 9,869
Junior subordinated debt owed to unconsolidated trust 8,142 8,137
Accrued interest payable 3,105 1,235
Interest rate swap liability 95 74
Level 2 | Carrying Amount | Demand deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 93,736 110,056
Level 2 | Carrying Amount | Negotiable order of withdrawal accounts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 26,354 33,035
Level 2 | Carrying Amount | Savings deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 39,456 44,104
Level 2 | Carrying Amount | Interest bearing DDA    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 227,253 171,577
Level 2 | Carrying Amount | Money market deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 167,836 200,280
Level 2 | Carrying Amount | Time deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 225,065 240,733
Level 2 | Carrying Amount | Interest rate swap receivable    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Interest rate swap receivable 95 74
Level 2 | Estimated Fair Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 76,302 78,925
Other investments 4,450 4,450
Federal Reserve Bank stock 2,193 2,090
Federal Home Loan Bank stock 3,571 4,202
Loans held for sale 14,245 21,557
Other real estate owned 2,843 2,843
Accrued interest receivable 6,452 7,219
FHLB, FRB and correspondent bank borrowings 156,693 170,171
Senior notes 11,425 11,397
Subordinated debt 9,792 10,102
Junior subordinated debt owed to unconsolidated trust 8,142 8,137
Accrued interest payable 3,105 1,235
Interest rate swap liability 95 74
Level 2 | Estimated Fair Value | Demand deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 93,736 110,056
Level 2 | Estimated Fair Value | Negotiable order of withdrawal accounts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 26,354 33,035
Level 2 | Estimated Fair Value | Savings deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 39,456 44,104
Level 2 | Estimated Fair Value | Interest bearing DDA    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 227,253 171,577
Level 2 | Estimated Fair Value | Money market deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 167,836 200,280
Level 2 | Estimated Fair Value | Time deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 221,396 239,655
Level 2 | Estimated Fair Value | Interest rate swap receivable    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Interest rate swap receivable 95 74
Level 3 | Carrying Amount    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 10,365 10,262
Loans receivable, net 761,313 832,934
SBA servicing assets 790 857
Note payable 270 376
Level 3 | Estimated Fair Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 10,365 10,262
Loans receivable, net 735,140 812,856
SBA servicing assets 873 932
Note payable $ 265 $ 362