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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 221,594 $ 45,879
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 8,701 8,174
Equity securities 5,000  
Loans held for sale, at fair value 283,165 135,711
Loans and leases, net of allowance of $17,022 and $7,138 895,344 663,303
FHLB and FRB stock 5,847 4,008
Premises and equipment, net 3,730 3,991
Operating lease right-of-use assets 1,387 1,780
Bank owned life insurance 17,490 5,345
Accrued interest receivable and other assets 34,637 12,254
Total assets 1,476,995 880,545
Deposits    
Noninterest bearing 198,675 115,530
Interest bearing 914,395 630,793
Total deposits 1,113,070 746,323
FHLB advances and other debt 214,426 29,017
Advances by borrowers for taxes and insurance 1,029 929
Operating lease liabilities 1,532 1,960
Accrued interest payable and other liabilities 21,884 6,846
Subordinated debentures 14,844 14,806
Total liabilities 1,366,785 799,881
Commitments and contingent liabilities
Stockholders' equity    
Common stock 54 54
Additional paid-in capital 87,637 86,903
Retained earnings (accumulated deficit) 26,479 (2,932)
Accumulated other comprehensive income 96 28
Treasury stock, at cost; 96,098 shares of common stock at December 31, 2020 and 32,940 shares of common stock at December 31, 2019 (4,069) (3,389)
Total stockholders' equity 110,210 80,664
Total liabilities and stockholder's equity 1,476,995 880,545
Non-Voting Common Stock [Member]    
Stockholders' equity    
Common stock 13  
Total stockholders' equity 13
Series B Preferred Stock [Member]    
Stockholders' equity    
Preferred stock
Series C Preferred Stock [Member]    
Stockholders' equity    
Preferred stock