Securities (Tables)

6 Months Ended

Jun. 30, 2021

Investments Debt And Equity Securities [Abstract]

Schedule of Amortized Cost, Corresponding Amounts of Gross Unrealized Gains and Losses and Estimated Fair Value of Securities AFS

The following table summarizes the amortized cost, the corresponding amounts of gross unrealized gains and losses, and estimated fair value of securities AFS as of June 30, 2021 and December 31, 2020:

($ in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
As of June 30, 2021:
Available for sale
U.S. Government agencies or sponsored agency securities:
Residential mortgage-backed securities	$	28,965	$	322	$	(81	)	$	29,206
Residential collateralized mortgage obligations		82,554		569		(497	)		82,626
Total available for sale	$	111,519	$	891	$	(578	)	$	111,832

($ in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
As of December 31, 2020:
Available for sale
U.S. Government-sponsored agency securities	$	1,000	$	5	$	—		$	1,005
U.S. Government agencies or sponsored agency securities:
Residential mortgage-backed securities	$	19,281	$	430	$	(7	)	$	19,704
Residential collateralized mortgage obligations		70,318		814		(50	)		71,082
Total available for sale	$	90,599	$	1,249	$	(57	)	$	91,791

Schedule of Amortized Cost and Estimated Fair Value of Securities AFS by Contractual Maturity

There were no sales of securities AFS in the three and six months ended June 30, 2021 and 2020. The amortized cost and estimated fair value of securities AFS at June 30, 2021, by contractual maturity, are shown below.

($ in thousands)	Amortized Cost		Fair Value
As of June 30, 2021:
Available for sale
U.S. Government agencies or sponsored agency securities:
After one year through five years	$	827	$	866
After five years through ten years		4,446		4,607
After ten years		106,246		106,359
Total available for sale	$	111,519	$	111,832

Schedule of Fair Value and Associated Gross Unrealized Losses on AFS Securities by Length of Time in Continuous Loss

The following table presents the fair value and the associated gross unrealized losses on AFS securities by length of time those individual securities in each category have been in a continuous loss at June 30, 2021 and December 31, 2020:

($ in thousands)	Less Than 12 Months					12 Months or Longer					Total
As of June 30, 2021:	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Available for sale
U.S. Government agencies or sponsored agency   securities:
Residential mortgage-backed securities	$	12,229	$	(81	)	$	—	$	—		$	12,229	$	(81	)
Residential collateralized mortgage    obligations		46,738		(491	)		1,844		(6	)		48,582		(497	)
Total available for sale	$	58,967	$	(572	)	$	1,844	$	(6	)	$	60,811	$	(578	)

($ in thousands)	Less Than 12 Months					12 Months or Longer				Total
As of December 31, 2020:	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
Available for sale
U.S. Government agencies or sponsored agency   securities:
Residential mortgage-backed securities	$	3,089	$	(7	)	$	—	$	—	$	3,089	$	(7	)
Residential collateralized mortgage    obligations		13,593		(50	)		—		—		13,593		(50	)
Total available for sale	$	16,682	$	(57	)	$	—	$	—	$	16,682	$	(57	)

Schedule of Other Investments Securities

The following table presents the other investment securities, which are included in Other investments on the Consolidated Balance Sheet as of June 30, 2021 and December 31, 2020:

($ in thousands)	June 30, 2021		December 31, 2020
Federal Home Loan Bank stock	$	7,005	$	6,043
Pacific Coast Bankers Bank stock		190		190
Mutual fund - CRA qualified		3,738		3,773
Total other investment securities	$	10,933	$	10,006