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Borrowing Arrangements
12 Months Ended
Dec. 31, 2021
Banking and Thrift, Other Disclosures [Abstract]  
Borrowing Arrangements BORROWING ARRANGEMENTS
 
Federal Home Loan Bank Advances - As of December 31, 2021 and December 31, 2020 , the Company had no Federal Home Loan Bank (FHLB) of San Francisco advances. Approximately $481,355,000 in loans were pledged under a blanket lien as collateral to the FHLB for the Bank’s remaining borrowing capacity of $277,130,000 as of December 31, 2021. FHLB advances are also secured by investment securities with amortized costs totaling $112,000 and $169,000 and market values totaling $117,000 and $178,000 at December 31, 2021 and 2020, respectively.  The Bank’s credit limit varies according to the amount and composition of the investment and loan portfolios pledged as collateral.

Lines of Credit - The Bank had unsecured lines of credit with its correspondent banks which, in the aggregate, amounted to $110,000,000 and $110,000,000 at December 31, 2021 and 2020, respectively, at interest rates which vary with market conditions. As of December 31, 2021 and 2020, the Company had no Federal funds purchased.

Federal Reserve Line of Credit - The Bank has a line of credit in the amount of $9,961,000 and $13,323,000 with the Federal Reserve Bank of San Francisco (FRB) at December 31, 2021 and 2020, respectively, which bears interest at the prevailing discount rate collateralized by investment securities with amortized costs totaling $10,361,000 and $13,538,000 and market values totaling $10,241,000 and $13,703,000, respectively.  At December 31, 2021 and 2020, the Bank had no outstanding borrowings with the FRB.