XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets:    
Cash and due from banks $ 5,179 $ 8,019
Interest-bearing deposits in banks 72,082 33,043
Total cash and cash equivalents 77,261 41,062
Investment securities held to maturity, net of allowance of $9 and $8, respectively (fair value $149,573 and $155,510, respectively) 169,606 174,974
Investment securities available for sale, at fair value 236,444 229,329
Federal Home Loan Bank stock, at cost 5,532 10,153
Loans held for investment, net of allowance of $22,230 and $21,084, respectively 1,847,019 1,759,743
Accrued interest receivable 11,538 10,688
Premises and equipment, net 4,728 4,836
Bank owned life insurance 52,607 51,781
Deferred tax assets, net 34,030 37,282
Lease right-of-use asset 9,937 11,423
Other assets 9,568 7,822
Total assets 2,458,270 2,339,093
Deposits:    
Demand deposits 579,243 552,762
Money market and savings accounts 1,097,468 1,048,272
Interest-bearing checking 65,844 47,702
Time deposits 314,147 288,403
Total deposits 2,056,702 1,937,139
Federal Home Loan Bank advances and other borrowings 162,000 183,000
Lease liability 9,937 11,423
Accrued interest and other liabilities 28,611 15,563
Total liabilities 2,257,250 2,147,125
Commitments and contingencies (see Notes 5 and 10)
Stockholders' Equity:    
Additional paid-in capital on common stock 305,835 305,212
Accumulated deficit (79,760) (88,548)
Accumulated other comprehensive loss (44,686) (44,271)
Total stockholders' equity 201,020 191,968
Total liabilities and stockholders' equity 2,458,270 2,339,093
Preferred Stock Class C [Member]    
Stockholders' Equity:    
Preferred stock
Preferred Stock Class D [Member]    
Stockholders' Equity:    
Preferred stock
Preferred Stock Class E [Member]    
Stockholders' Equity:    
Preferred stock
Common Class A [Member]    
Stockholders' Equity:    
Common stock 19,631 19,575
Common Class B [Member]    
Stockholders' Equity:    
Common stock