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Fair Value (Tables)
 6 Months Ended
Jun. 30, 2021
Fair Value [Abstract]  
Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities

Fair Value Measurements at
‎ June 30, 2021 using Significant
‎Other Observable Inputs

(Level 2)

(unaudited)

Financial Assets:

Securities available for sale:

Corporate debt

$

9,975

Issued by U.S. government-sponsored entities and agencies:

U.S. Treasury

7,638

Mortgage-backed securities - residential

48

Total securities available for sale

$

17,661

Loans held for sale

$

254,327

Derivative assets

$

853

Interest rate lock commitments

$

4,071

Financial Liabilities:

Derivative liabilities

$

853

TBA Mortgage-back securities

$

288

Fair Value Measurements at

December 31, 2020 using Significant

Other Observable Inputs

(Level 2)

Financial Assets:

Securities available for sale:

Issued by U.S. government-sponsored entities and agencies:

U.S. Treasury

$

8,636

Mortgage-backed securities - residential

65

Total securities available for sale

$

8,701

Loans held for sale

$

283,165

Derivative assets

$

1,944

Interest rate lock commitments

$

18,101

Financial Liabilities:

Derivative liabilities

$

1,944

TBA Mortgage-backed securities

$

2,690
Assets Measured At Fair Value On A Non-Recurring Basis

Fair Value Measurements at December 31, 2020 Using

Significant Unobservable Inputs (Level 3)

Impaired loans:

Commercial

$

190

Total impaired loans

$

190
Financial Instruments Measured At Fair Value On A Non-Recurring Basis

Fair Value

Valuation Technique(s)

Unobservable Inputs

(Range) Weighted Average

Impaired loans:

Commercial

$

190 

Comparable sales approach

Adjustment for differences between the comparable market transactions

65.00%
Aggregate Fair Value, Contractual Balance And Gain Or Loss

June 30, 2021

December 31, 2020

(unaudited)

Aggregate fair value

$

254,327

$

283,165

Contractual balance

250,343

274,401

Gain

$

3,984

$

8,764
Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings

Three months ended June 30,

Six months ended June 30,

2021

2020

2021

2020

(unaudited)

(unaudited)

Interest income

$

2,119

$

1,256

$

4,339

$

2,453

Interest expense

-  

-  

-  

-  

Change in fair value

(1,012)

3,220

(5,925)

4,455

Total change in fair value

$

1,107

$

4,476

$

(1,586)

$

6,908
Carrying Amounts And Estimated Fair Values Of Financial Instruments The carrying amounts and estimated fair values of financial instruments at June 30, 2021 were as follows:

Fair Value Measurements at June 30, 2021 Using:

Carrying

(unaudited)

Value

Level 1

Level 2

Level 3

Total

Financial assets

Cash and cash equivalents

$

134,321

$

134,321

$

-  

$

-  

$

134,321

Interest-bearing deposits in other financial institutions

100

100

-  

-  

100

Securities available for sale

17,661

-  

17,661

-  

17,661

Equity Securities

5,000

-  

5,000

-  

5,000

Loans held for sale

254,327

-  

254,327

-  

254,327

Loans and leases, net

1,001,477

-  

-  

1,015,601

1,015,601

FHLB and FRB stock

6,164

n/a

n/a

n/a

n/a

Accrued interest receivable

4,718

5

181

4,532

4,718

Other assets held for sale

29,308

-  

-  

29,308

29,308

Derivative assets

853

-  

853

-  

853

Interest rate lock commitments

4,071

-  

4,071

-  

4,071

Financial liabilities

Deposits

$

(1,171,869)

$

(621,629)

$

(554,264)

$

-  

$

(1,175,893)

FHLB advances and other borrowings

(74,290)

-  

(75,108)

-  

(75,108)

Advances by borrowers for taxes and insurance

(1,412)

-  

-  

(1,412)

(1,412)

Subordinated debentures

(14,864)

-  

(16,304)

-  

(16,304)

Accrued interest payable

(298)

-  

(298)

-  

(298)

Other liabilities held for sale

(107,229)

-  

-  

(107,229)

(107,229)

Derivative liabilities

(853)

-  

(853)

-  

(853)

TBA mortgage-back securities

(288)

-  

(288)

-  

(288)

The carrying amounts and estimated fair values of financial instruments at December 31, 2020 were as follows:

Fair Value Measurements at December 31, 2020 Using:

Carrying

Value

Level 1

Level 2

Level 3

Total

Financial assets

Cash and cash equivalents

$

221,594

$

221,594

$

-  

$

-  

$

221,594

Interest-bearing deposits in other financial institutions

100

100

-  

-  

100

Securities available for sale

8,701

-  

8,701

-  

8,701

Equity Securities

5,000

-  

-  

5,000

5,000

Loans held for sale

283,165

-  

283,165

-  

283,165

Loans and leases, net

895,344

-  

-  

905,030

905,030

FHLB and FRB stock

5,847

n/a

n/a

n/a

n/a

Accrued interest receivable

4,584

1

36

4,547

4,584

Derivative assets

1,944

-  

1,944

-  

1,944

Interest rate lock commitments

18,101

-  

18,101

-  

18,101

Financial liabilities

Deposits

$

(1,113,070)

$

(554,650)

$

(565,089)

$

-  

$

(1,119,739)

FHLB advances and other borrowings

(214,426)

-  

(215,531)

-  

(215,531)

Advances by borrowers for taxes and insurance

(1,029)

-  

-  

(1,029)

(1,029)

Subordinated debentures

(14,844)

-  

(16,325)

-  

(16,325)

Accrued interest payable

(498)

-  

(498)

-  

(498)

Derivative liabilities

(1,944)

-  

(1,944)

-  

(1,944)

TBA mortgage-backed securities

(2,690)

-  

(2,690)

-  

(2,690)