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Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2022
Provision for Loan and Lease Losses [Abstract]  
Summary of Allocation of the Allowance for Credit Losses
The following tables provide the allocation of the ACL for loans held for investment as well as the activity in the ACL attributed to various segments in the loan portfolio as of, and for the periods indicated:

For the Year Ended December 31, 2022
(Dollars in thousands) Beginning ACL Balance Charge-offs  Recoveries Provision for Credit Losses  Ending
ACL Balance
Investor loans secured by real estate
CRE non-owner-occupied$37,380 $(4,760)$— $1,072 $33,692 
Multifamily55,209 — — 1,125 56,334 
Construction and land5,211 — — 1,903 7,114 
SBA secured by real estate3,201 (70)— (539)2,592 
Business loans secured by real estate
CRE owner-occupied29,575 — 56 2,709 32,340 
Franchise real estate secured7,985 — — (966)7,019 
SBA secured by real estate4,866 — — (518)4,348 
Commercial loans
Commercial and industrial38,136 (8,387)2,904 2,516 35,169 
Franchise non-real estate secured15,084 (448)— 1,393 16,029 
SBA non-real estate secured565 (50)51 (125)441 
Retail loans
Single family residential255 — 148 (51)352 
Consumer loans285 (4)— (60)221 
Totals$197,752 $(13,719)$3,159 $8,459 $195,651 
For the Year Ended December 31, 2021
(Dollars in thousands)Beginning ACL BalanceCharge-offsRecoveriesProvision for Credit LossesEnding
ACL Balance
Investor loans secured by real estate
CRE non-owner-occupied$49,176 $(154)$78 $(11,720)$37,380 
Multifamily62,534 — — (7,325)55,209 
Construction and land12,435 — — (7,224)5,211 
SBA secured by real estate5,159 (424)3 (1,537)3,201 
Business loans secured by real estate
CRE owner-occupied50,517 — 56 (20,998)29,575 
Franchise real estate secured11,451 — — (3,466)7,985 
SBA secured by real estate6,567 (98)130 (1,733)4,866 
Commercial loans
Commercial and industrial46,964 (5,384)4,720 (8,164)38,136 
Franchise non-real estate secured20,525 (2,554)405 (3,292)15,084 
SBA non-real estate secured995 — 21 (451)565 
Retail loans
Single family residential1,204 — 3 (952)255 
Consumer loans491 (2)3 (207)285 
Totals$268,018 $(8,616)$5,419 $(67,069)$197,752 

For the Year Ended December 31, 2020
Beginning ACL Balance (1)
Adoption of ASC 326Initial ACL Recorded for PCD LoansCharge-offsRecoveriesProvision for Credit LossesEnding
ACL Balance
Investor loans secured by real estate
CRE non-owner-occupied$1,899 $8,423 $3,025 $(839)$44 $36,624 $49,176 
Multifamily729 9,174 8,710 — — 43,921 62,534 
Construction and land4,484 (124)2,051 (539)— 6,563 12,435 
SBA secured by real estate1,915 (1,401)— (705)34 5,316 5,159 
Business loans secured by real estate
CRE owner-occupied2,781 20,166 3,766 (1,739)59 25,484 50,517 
Franchise real estate secured592 5,199 — (932)— 6,592 11,451 
SBA secured by real estate2,119 2,207 235 (338)147 2,197 6,567 
Commercial loans
Commercial and industrial13,857 87 2,325 (6,891)1,818 35,768 46,964 
Franchise non-real estate secured5,816 9,214 — (6,731)866 11,360 20,525 
SBA non-real estate secured445 218 924 (899)14 293 995 
Retail loans
Single family residential655 541 206 (106)2 (94)1,204 
Consumer loans406 1,982 — (139)4 (1,762)491 
Totals$35,698 $55,686 $21,242 $(19,858)$2,988 $172,262 $268,018 
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(1) Beginning ACL balance represents the allowance for loan and leases losses (“ALLL”) accounted for under ASC 450 and ASC 310 prior to the adoption of ASC 326, and is reflective of probable incurred losses as of the balance sheet date.
Schedule of Fair Value, off-Balance-Sheet Risks
The following table summarizes the activities in the ACL for off-balance sheet commitments for the periods indicated:
Year Ended December 31,
(Dollars in thousands)202220212020
Beginning ACL balance (1)
$27,290 $31,118 $3,279 
Impact of ASC 326 adoption— — 8,285 
Provision for credit losses on off-balance sheet commitments(3,649)(3,828)19,554 
Ending ACL balance$23,641 $27,290 $31,118 
______________________________
(1) Beginning ACL balance for 2020 represents the ALLL accounted for under ASC 450 and ASC 310 prior to the adoption of ASC 326, and is reflective of probable incurred losses as of the balance sheet date.