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Fair Value of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents financial assets measured at fair value on a recurring basis at the dates indicated:
September 30, 2024
TotalLevel 1Level 2Level 3
Debt securities available for sale
MBS, residential$132,756 $— $132,756 $— 
Municipal bonds3,424 — 3,424 — 
Corporate bonds4,372 — 4,372 — 
Total debt securities available for sale$140,552 $— $140,552 $— 
Loans held for sale$2,968 $— $2,968 $— 
December 31, 2023
TotalLevel 1Level 2Level 3
Debt securities available for sale
MBS, residential$104,499 $— $104,499 $— 
Municipal bonds3,409 — 3,409 — 
Corporate bonds19,042 — 19,042 — 
Total debt securities available for sale$126,950 $— $126,950 $— 
Loans held for sale$3,359 $— $3,359 $— 
Fair Value Measurements, Nonrecurring
The following table presents financial assets measured at fair value on a non-recurring basis at the dates indicated:
September 30, 2024
TotalLevel 1Level 2Level 3
Collateral dependent loans
Commercial real estate loans
Commercial real estate – owner occupied$593 $— $— $593 
Commercial real estate – non-owner occupied3,186 — — 3,186 
Commercial loans
Commercial and industrial240 — — 240 
Equipment finance768 — — 768 
Total$4,787 $— $— $4,787 
December 31, 2023
TotalLevel 1Level 2Level 3
Collateral dependent loans
Commercial real estate loans
Commercial real estate – owner occupied$438 $— $— $438 
Commercial loans
Commercial and industrial108 — — 108 
Equipment finance578 — — 578 
Total$1,124 $— $— $1,124 
Fair Value, by Balance Sheet Grouping
The stated carrying value and estimated fair value amounts of financial instruments as of September 30, 2024 and December 31, 2023, are summarized below:
 September 30, 2024
Carrying
Value		Fair
Value		Level 1Level 2Level 3
Assets
Cash and cash equivalents$293,477 $293,477 $293,477 $— $— 
Certificates of deposit in other banks29,290 29,290 — 29,290 — 
Debt securities available for sale, at fair value140,552 140,552 — 140,552 — 
FHLB and FRB stock18,384 N/AN/AN/AN/A
SBIC investments, at cost15,489 15,489 — — 15,489 
Loans held for sale, at fair value2,968 2,968 2,968 — — 
Loans held for sale, at the lower of cost or fair value189,722 191,792 — — 191,792 
Loans, net3,650,761 3,568,832 — — 3,568,832 
Accrued interest receivable17,523 17,523 229 615 16,679 
Liabilities
Noninterest-bearing and NOW deposits1,219,018 1,219,018 — 1,219,018 — 
Money market accounts1,345,289 1,345,289 — 1,345,289 — 
Savings accounts179,762 179,762 — 179,762 — 
Certificates of deposit1,017,519 1,018,102 — 1,018,102 — 
Junior subordinated debt10,096 9,802 — 9,802 — 
Borrowings260,013 260,185 — 260,185 — 
Accrued interest payable10,796 10,796 — 10,796 — 
 December 31, 2023
Carrying
Value		Fair
Value		Level 1Level 2Level 3
Assets
Cash and cash equivalents$347,140 $347,140 $347,140 $— $— 
Certificates of deposit in other banks34,722 34,722 — 34,722 — 
Debt securities available for sale, at fair value126,950 126,950 — 126,950 — 
FHLB and FRB stock18,393 N/AN/AN/AN/A
SBIC investments, at cost13,789 13,789 — — 13,789 
Loans held for sale, at fair value3,359 3,359 3,359 — — 
Loans held for sale, at the lower of cost or fair value198,433 200,869 — — 200,869 
Loans, net3,591,381 3,472,491 — — 3,472,491 
Accrued interest receivable16,902 16,902 107 656 16,139 
Liabilities
Noninterest-bearing and NOW deposits1,376,220 1,376,220 — 1,376,220 — 
Money market accounts1,246,807 1,246,807 — 1,246,807 — 
Savings accounts194,486 194,486 — 194,486 — 
Certificates of deposit843,860 839,501 — 839,501 — 
Junior subordinated debt10,021 9,767 — 9,767 — 
Borrowings433,763 433,747 — 433,747 — 
Accrued interest payable6,849 6,849 — 6,849 —