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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest and Dividend Income        
Interest and fees on loans $ 8,565 $ 11,704 $ 27,648 $ 36,345
Interest on investment securities 598 640 1,694 1,933
Dividends on investment securities 48 89 113 238
Other interest income 2,332 381 6,130 1,516
Total interest and dividend income 11,543 12,814 35,585 40,032
Interest Expense        
Interest on deposits 6,090 6,189 20,681 19,160
Interest on FHLB, FRB and correspondent bank borrowings 0 926 101 3,354
Interest on senior debt 105 290 610 869
Interest on subordinated debt 338 409 1,040 1,219
Interest on note payable 0 1 1 4
Total interest expense 6,533 7,815 22,433 24,606
Net interest income 5,010 4,999 13,152 15,426
(Recovery of) provision and credit loss expense (431) 1,026 1,826 4,776
Net interest income after (recovery of) provision and credit loss expense 5,441 3,973 11,326 10,650
Non-interest Income        
Loan application, inspection and processing fees 111 201 427 493
Deposit fees and service charges 281 78 1,180 398
(Loss) gain on sales of loans, net (992) 81 (1,908) 402
Rental income 65 75 245 226
Loss on sale of investment securities, net 0 0 0 (24)
Digital Payments income 2,684 1,333 6,550 3,509
Other income 58 347 471 1,421
Total non-interest income 2,207 2,115 6,965 6,425
Non-interest Expense        
Salaries and benefits 5,694 4,710 15,447 13,489
Occupancy and equipment expense 766 801 2,281 2,480
Data processing expense 473 321 1,311 981
Professional and other outside services 745 952 2,872 2,530
Advertising and promotional expense 46 105 243 239
Loan administration and processing expense 8 58 125 118
Regulatory assessments 605 386 1,477 890
Insurance expense, net 253 82 463 231
Communications, stationary and supplies 456 337 1,032 706
Other operating expense 1,264 644 3,528 1,957
Total non-interest expense 10,310 8,396 28,779 23,621
Loss before income taxes (2,662) (2,308) (10,488) (6,546)
(Benefit) provision for income taxes (5) 24,646 (53) 23,788
Net loss $ (2,657) $ (26,954) $ (10,435) $ (30,334)
Basic loss per share (usd per share) $ (0.03) $ (6.78) $ (0.16) $ (7.63)
Diluted loss per share (usd per share) $ (0.03) $ (6.78) $ (0.16) $ (7.63)