Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2023

Allowance for Credit Loss [Abstract]

Summary of Allocation of the Allowance for Loan 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:

	Three Months Ended March 31, 2023
(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	$	33,692	$	(66)	$	15	$	(1,926)	$	31,715
Multifamily	56,334		(217)		—		1,670		57,787
Construction and land	7,114		—		—		558		7,672
SBA secured by real estate	2,592		—		—		(301)		2,291
Business loans secured by real estate
CRE owner-occupied	32,340		(2,163)		12		(855)		29,334
Franchise real estate secured	7,019		—		—		771		7,790
SBA secured by real estate	4,348		—		—		67		4,415
Commercial loans
Commercial and industrial	35,169		(1,123)		211		3,402		37,659
Franchise non-real estate secured	16,029		—		100		(408)		15,721
SBA non-real estate secured	441		—		6		(46)		401
Retail loans
Single family residential	352		(90)		1		129		392
Consumer loans	221		(5)		35		(40)		211
Totals	$	195,651	$	(3,664)	$	380	$	3,021	$	195,388

	Three Months Ended March 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	$	—	$	—	$	(1,406)	$	35,974
Multifamily	55,209		—		—		(884)		54,325
Construction and land	5,211		—		—		8		5,219
SBA secured by real estate	3,201		(70)		—		(81)		3,050
Business loans secured by real estate
CRE owner-occupied	29,575		—		10		2,306		31,891
Franchise real estate secured	7,985		—		—		(8)		7,977
SBA secured by real estate	4,866		—		—		329		5,195
Commercial loans
Commercial and industrial	38,136		(2,179)		1,841		800		38,598
Franchise non-real estate secured	15,084		—		—		(780)		14,304
SBA non-real estate secured	565		(50)		2		(27)		490
Retail loans
Single family residential	255		—		—		(22)		233
Consumer loans	285		—		—		(24)		261
Totals	$	197,752	$	(2,299)	$	1,853	$	211	$	197,517

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:

	Three Months Ended
	March 31,		March 31,
(Dollars in thousands)	2023		2022
Beginning ACL balance	$	23,641	$	27,290
Provision for credit losses on off-balance sheet commitments	(189)		218
Ending ACL balance	$	23,452	$	27,508