XML 87 R75.htm IDEA: XBRL DOCUMENT v3.23.1
Borrowings - Narrative (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Jun. 29, 2018
USD ($)
investor
Sep. 30, 2016
USD ($)
Sep. 30, 2015
Jun. 30, 2014
USD ($)
Jun. 30, 2009
quarter
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2004
USD ($)
Dec. 31, 2003
USD ($)
Dec. 21, 2022
USD ($)
Jun. 22, 2022
Dec. 22, 2016
USD ($)
Debt Instrument [Line Items]                          
Borrowings           $ 115,193,000 $ 120,700,000            
Advances from federal home loan banks, total           85,000,000 90,000,000            
Federal home loan bank, advances, maturities summary, fixed rate, total           $ 85,000,000              
Federal home loan bank, advances, activity for year, average interest rate for year           3.69%              
Federal home loan bank, advances, general debt obligations, disclosures, collateral pledged           $ 233,500,000              
Federal home loan bank, advances, general debt obligations, amount of available, unused funds           67,200,000              
Debt issuance costs, net           640,000              
Amortization of debt issuance costs           38,000 111,000 $ 112,000          
Number of investors | investor 2                        
Subordinated debt, net           9,840,000 9,811,000            
Interest on subordinated debt           1,066,000 933,000 991,000          
Long-term debt, gross           115,833,000              
Federal Reserve Bank Advances                          
Debt Instrument [Line Items]                          
Financial instruments, owned, at fair value           19,900,000              
Short-term debt           0              
Federal Reserve Bank Advances | Asset Pledged as Collateral with Right                          
Debt Instrument [Line Items]                          
Financial instruments, owned, at fair value           13,700,000              
Correspondent Bank Agreement | Zions Bank                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity           24,500,000 5,000,000            
Long-term line of credit, total           0 0            
Interest expense, debt, total           0 0 0          
Federal Home Loan Bank Borrowings                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity           2,000,000              
Long-term line of credit, total           0 0            
Interest expense, debt, total           $ 3,500,000 3,000,000 2,700,000          
Minimum                          
Debt Instrument [Line Items]                          
Federal home loan bank, advances, branch of FHLB bank, interest rate           2.40%              
Maximum                          
Debt Instrument [Line Items]                          
Federal home loan bank, advances, branch of FHLB bank, interest rate           4.37%              
FHLB Borrowings                          
Debt Instrument [Line Items]                          
Borrowings           $ 85,000,000              
Long term debt, additional available amount           67,200,000              
Debt issuance costs, net           0              
Long-term debt, gross           $ 85,000,000              
FHLB Borrowings | Minimum                          
Debt Instrument [Line Items]                          
Debt instrument, term (in years)           6 days              
FHLB Borrowings | Maximum                          
Debt Instrument [Line Items]                          
Debt instrument, term (in years)           1 year 8 months 15 days              
Senior Notes                          
Debt Instrument [Line Items]                          
Borrowings           $ 11,640,000              
Debt instrument, face amount                     $ 12,000,000   $ 12,000,000
Debt instrument, interest rate, stated                     8.50%   7.00%
Debt issuance costs, net           360,000         $ 360,000    
Interest expense, long-term debt           866,000 913,000 915,000          
Amortization of debt issuance costs           0 73,000 75,000          
Long-term debt, gross           12,000,000              
Senior Notes | July 1, 2022 until September 30, 2022                          
Debt Instrument [Line Items]                          
Debt instrument, interest rate, stated                       7.25%  
Senior Notes | After September 30, 2022                          
Debt Instrument [Line Items]                          
Debt instrument, interest rate, stated                       7.50%  
Senior Notes | Accrued Expenses and Other Liabilities                          
Debt Instrument [Line Items]                          
Interest payable           28,000 23,000            
Subordinated notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount $ 10,000,000                        
Debt instrument, interest rate, stated 6.25%                        
Subordinated notes | London Interbank Offered Rate (LIBOR)                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on variable rate 3.325%                        
Subordinated Notes                          
Debt Instrument [Line Items]                          
Borrowings           9,840,000              
Interest expense, debt, total           654,000 654,000 654,000          
Debt issuance costs, net $ 291,000         160,000 189,000            
Long-term debt, gross           10,000,000              
Junior Subordinated Debt                          
Debt Instrument [Line Items]                          
Borrowings           8,128,000              
Interest expense, debt, total   $ 700,000   $ 1,700,000                  
Debt issuance costs, net           120,000 129,000            
Amortization of debt issuance costs           9,000 8,000 9,000          
Interest payable           $ 9,000 4,000            
Subordinated debt, net                   $ 8,000,000      
Payments of debt issuance costs                 $ 240,000 $ 240,000      
Excess tier one risk based capital to risk weighted assets                   0.25      
Debt, weighted average interest rate           7.79%              
Number of consecutive quarters for interest deferment | quarter         20                
Interest on subordinated debt           $ 412,000 279,000 337,000          
Long-term debt, gross           $ 8,248,000              
Junior Subordinated Debt | London Interbank Offered Rate (LIBOR)                          
Debt Instrument [Line Items]                          
Debt instrument, basis spread on variable rate           3.15%              
Note Payable                          
Debt Instrument [Line Items]                          
Borrowings           $ 585,000              
Debt instrument, term (in years)     9 years                    
Interest expense, debt, total           12,000 15,000 $ 19,000          
Debt instrument, face amount   $ 2,000,000                      
Debt instrument, interest rate, stated   1.75%                      
Debt issuance costs, net           0              
Long-term debt, gross           $ 585,000 $ 791,000            
Debt instrument, periodic payment terms, balloon payment to be paid   $ 234,000