Securities (Tables)

12 Months Ended

Dec. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule of Amortized Cost, Fair Value, and Corresponding Amounts of Gross Unrealized Gains and Losses for Available for Sale Securities

The following table summarizes the amortized cost, the corresponding amounts of gross unrealized gains and losses, and estimated fair value of available-for-sale ("AFS") debt securities as of December 31, 2022 and 2021:

	December 31, 2022
($ in thousands)	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
U.S. Government agencies or sponsored agency securities:
Residential mortgage-backed securities	$	55,189	$	—	$	(5,425)	$	49,764
Residential collateralized mortgage obligations	179,953		1		(19,909)		160,045
Total AFS debt securities	$	235,142	$	1	$	(25,334)	$	209,809

	December 31, 2021
($ in thousands)	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
U.S. Government agencies or sponsored agency securities:
Residential mortgage-backed securities	$	37,555	$	178	$	(321)	$	37,412
Residential collateralized mortgage obligations	114,588		253		(1,809)		113,032
Total AFS debt securities	$	152,143	$	431	$	(2,130)	$	150,444

Schedule of Amortized Cost and Estimated Fair Value of Securities Available for Sale by Contractual Maturity

The amortized cost and estimated fair value of AFS debt securities as of December 31, 2022, by contractual maturity, are shown below:

($ in thousands)	Amortized Cost		Fair Value
After one year through five years	$	1,299	$	1,244
After five years through ten years	2,246		2,096
After ten years	231,597		206,469
Total AFS debt securities	$	235,142	$	209,809

Schedule of Unrealized Losses on AFS Debt Securities

The following table presents the fair value and the associated gross unrealized losses on AFS debt securities by length of time those individual securities in each category have been in a continuous loss as of December 31, 2022 and 2021:

	December 31, 2022
	Less Than 12 Months				12 Months or Longer				Total
($ in thousands)	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
U.S. Government agencies or sponsored agency securities:
Residential mortgage-backed securities	$	26,347	$	(1,485)	$	23,417	$	(3,940)	$	49,764	$	(5,425)
Residential collateralized mortgage obligations	81,320		(3,888)		71,604		(16,021)		152,924		(19,909)
Total AFS debt securities	$	107,667	$	(5,373)	$	95,021	$	(19,961)	$	202,688	$	(25,334)

	December 31, 2021
	Less Than 12 Months				12 Months or Longer				Total
($ in thousands)	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
U.S. Government agencies or sponsored agency securities:
Residential mortgage-backed securities	$	31,120	$	(321)	$	—	$	—	$	31,120	$	(321)
Residential collateralized mortgage obligations	93,607		(1,578)		7,212		(231)		100,819		(1,809)
Total AFS debt securities	$	124,727	$	(1,899)	$	7,212	$	(231)	$	131,939	$	(2,130)

Schedule of Other Investments

The following table presents the other investment securities, which are included in Other investments on the Consolidated Balance Sheets as of December 31, 2022 and 2021:

	December 31,
($ in thousands)	2022		2021
FHLB stock	$	8,483	$	7,006
PCBB stock	190		190
Mutual fund - CRA qualified	3,330		3,708
Time deposits placed in other banks	95		95
Total other investments	$	12,098	$	10,999