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v3.24.3

FAIR VALUE - Assets and Liabilities Not Carried at Fair Value (Details) - USD ($) $ in Thousands | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Assets: |  |
Investment securities held to maturity | $ 2,321 | $ 2,263
1 | Carrying Value | Cash and cash equivalents |  |
Assets: |  |
Cash and cash equivalents | 64,383 | 58,385
1 | Fair Value | Cash and cash equivalents |  |
Assets: |  |
Cash and cash equivalents | 64,383 | 58,385
2 | Carrying Value |  |
Assets: |  |
Investment securities held to maturity | 2,487 | 2,484
Nonmarketable equity securities, at cost | 4,997 | 4,770
Government guaranteed loans held for sale | 595 | 0
Accrued interest receivable | 8,537 | 7,130
Liabilities: |  |
FHLB borrowings | 10,000 | 10,000
Subordinated debentures | 5,954 | 5,949
Notes payable | 2,048 | 2,389
Accrued interest payable | 1,114 | 882
2 | Carrying Value | Time deposits in banks |  |
Assets: |  |
Cash and cash equivalents | 2,264 | 4,646
Liabilities: |  |
Deposits, liabilities | 312,981 | 259,008
2 | Carrying Value | Noninterest-bearing deposits |  |
Liabilities: |  |
Deposits, liabilities | 95,995 | 93,708
2 | Carrying Value | Interest-bearing transaction accounts |  |
Liabilities: |  |
Deposits, liabilities | 247,923 | 259,422
2 | Carrying Value | Savings and money market deposits |  |
Liabilities: |  |
Deposits, liabilities | 455,297 | 373,000
2 | Fair Value |  |
Assets: |  |
Investment securities held to maturity | 2,321 | 2,263
Nonmarketable equity securities, at cost | 4,997 | 4,770
Government guaranteed loans held for sale | 667 | 0
Accrued interest receivable | 8,537 | 7,130
Liabilities: |  |
FHLB borrowings | 10,000 | 10,000
Subordinated debentures | 5,485 | 5,215
Notes payable | 2,031 | 2,369
Accrued interest payable | 1,114 | 882
2 | Fair Value | Time deposits in banks |  |
Assets: |  |
Cash and cash equivalents | 2,228 | 4,561
Liabilities: |  |
Deposits, liabilities | 313,339 | 255,372
2 | Fair Value | Noninterest-bearing deposits |  |
Liabilities: |  |
Deposits, liabilities | 95,995 | 93,708
2 | Fair Value | Interest-bearing transaction accounts |  |
Liabilities: |  |
Deposits, liabilities | 247,923 | 259,422
2 | Fair Value | Savings and money market deposits |  |
Liabilities: |  |
Deposits, liabilities | 455,297 | 373,000
3 | Carrying Value |  |
Assets: |  |
Loans HFI, at amortized cost | 941,818 | 810,721
3 | Carrying Value | Government guaranteed loan servicing rights |  |
Assets: |  |
Government guaranteed loan servicing rights | 15,966 | 14,959
3 | Fair Value |  |
Assets: |  |
Loans HFI, at amortized cost | 937,576 | 786,350
3 | Fair Value | Government guaranteed loan servicing rights |  |
Assets: |  |
Government guaranteed loan servicing rights | $ 18,596 | $ 16,318

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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Fair value of subordinated debt obligations including, but not limited to, subordinated loan, subordinated bond, subordinated debenture or junior debt. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2E -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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