INVESTMENT SECURITIES (Tables)

12 Months Ended

Dec. 31, 2020

INVESTMENT SECURITIES

Schedule of amortized cost and fair value of securities available-for-sale and securities held-to-maturity

			Gross		Gross
			Unrealized/		Unrealized/
	Amortized		Unrecognized		Unrecognized
At December 31, 2020	Cost		Gains		Losses		Fair Value
Debt securities available for sale
Residential mortgage securities	$	192,163	$	2,599	$	(74)	$	194,688
Commercial mortgage securities		32,589		997		(94)		33,492
U.S. Government agency securities		37,997		—		(81)		37,916
Total securities available for sale	$	262,749	$	3,596	$	(249)	$	266,096
Held-to-Maturity Securities:
Residential mortgage securities		2,760		67		—		2,827
Total securities held to maturity	$	2,760	$	67	$	—	$	2,827
Equity investments:
CRA Mutual Fund		2,299		14		—		2,313
Total equity investment securities	$	2,299	$	14	$	—	$	2,313

			Gross		Gross
			Unrealized/		Unrealized/
	Amortized		Unrecognized		Unrecognized
At December 31, 2019	Cost		Gains		Losses		Fair Value
Debt securities available for sale
Residential mortgage securities	$	175,902	$	1,478	$	(117)	$	177,263
Commercial mortgage securities		32,284		206		(18)		32,472
U.S. Government agency securities		25,000		207		—		25,207
Total securities available for sale	$	233,186	$	1,891	$	(135)	$	234,942
Held-to-Maturity Securities:
Residential mortgage securities		3,722		9		(19)		3,712
Total securities held to maturity	$	3,722	$	9	$	(19)	$	3,712
Equity investments:
CRA Mutual Fund		2,258		—		(34)		2,224
Total equity investment securities	$	2,258	$	—	$	(34)	$	2,224

Schedule of Realized Gain (Loss) on Sales and Calls of Securities

	Year Ended December 31,
	2020		2019
Proceeds		141,422	$	1,065
Gross gains		3,286	$	—
Tax impact		(1,036)	$	—

Schedule of amortized cost and fair value of debt securities classified by contractual maturity

	Held-to-Maturity				Available-for-Sale
At December 31, 2020	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Within one year	$	—	$	—	$	—	$	—
One to five years		—		—		37,997		37,916
Five to ten years		—		—		—		—
Due after ten years		—		—		—		—
Total	$	—	$	—	$	37,997	$	37,916
Residential mortgage securities	$	2,760		2,827		192,163		194,688
Commercial mortgage securities		—		—		32,589		33,492
Total Securities	$	2,760	$	2,827	$	262,749	$	266,096

	Held-to-Maturity				Available-for-Sale
At December 31, 2019	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Within one year	$	—	$	—	$	—	$	—
One to five years		—		—		—		—
Five to ten years		—		—		25,000		25,207
Due after ten years		—		—		—		—
Total	$	—	$	—	$	25,000	$	25,207
Residential mortgage securities	$	3,722	$	3,712	$	175,902	$	177,263
Commercial mortgage securities		—		—		32,284	$	32,472
Total Securities	$	3,722	$	3,712	$	233,186	$	234,942

Schedule of securities with unrealized/unrecognized losses

	Less than 12 Months				12 months or more				Total
			Unrealized/				Unrealized/				Unrealized/
	Estimated		Unrecognized		Estimated		Unrecognized		Estimated		Unrecognized
At December 31, 2020	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
Debt securities available for sale
Residential mortgage securities	$	33,734	$	(74)	$	—	$	—	$	33,734	$	(74)
Commercial mortgage securities		12,314		(93)		385		(1)		12,699		(94)
U.S. Government agency securities		37,916		(81)		—		—		37,916		(81)
Total securities available for sale	$	83,964	$	(248)	$	385	$	(1)	$	84,349	$	(249)
Held-to-Maturity Securities:
Residential mortgage securities	$	—	$	—	$	—	$	—	$	—	$	—
Total securities held to maturity	$	—	$	—	$	—	$	—	$	—	$	—
Equity investments:
CRA Mutual Fund	$	—	$	—	$	—	$	—	$	—	$	—
Total equity investment securities	$	—	$	—	$	—	$	—	$	—	$	—

	Less than 12 Months				12 months or more				Total
			Unrealized/				Unrealized/				Unrealized/
	Estimated		Unrecognized		Estimated		Unrecognized		Estimated		Unrecognized
At December 31, 2019	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
Debt securities available for sale
Residential mortgage securities	$	22,850	$	(52)	$	6,728	$	(65)	$	29,578	$	(117)
Commercial mortgage securities		9,911		(18)		—		—		9,911		(18)
Total securities available for sale	$	32,761	$	(70)	$	6,728	$	(65)	$	39,489	$	(135)
Held-to-Maturity Securities:
Residential mortgage securities	$	—	$	—	$	1,470	$	(19)	$	1,470	$	(19)
Total securities held to maturity	$	—	$	—	$	1,470	$	(19)	$	1,470	$	(19)
Equity investments:
CRA Mutual Fund	$	—	$	—	$	2,224	$	(34)	$	2,224	$	(34)
Total equity investment securities	$	—	$	—	$	2,224	$	(34)	$	2,224	$	(34)