Investment Securities, Available for Sale (Tables)

12 Months Ended

Dec. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule of Available for Sale Securities

AFS securities are recorded at fair market value. The amortized cost, gross unrealized gains, gross unrealized losses, and fair values of AFS securities at the dates indicated were as follows:

	December 31, 2022
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair value
Student Loan Pools	$	60,855	$	12	$	1,709	$	59,158
Small Business Administration (“SBA”) Bonds	102,293		584		3,247		99,630
Tax Exempt Municipal Bonds	22,537		405		1,632		21,310
Taxable Municipal Bonds	65,250		—		14,480		50,770
Mortgage-Backed Securities ("MBS")	353,222		30		33,972		319,280
	$	604,157	$	1,031	$	55,040	$	550,148
	December 31, 2021
(Dollars in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair value
Student Loan Pools	$	71,950	$	318	$	256	$	72,012
SBA Bonds	139,855		1,018		1,080		139,793
Tax Exempt Municipal Bonds	44,758		5,227		—		49,985
Taxable Municipal Bonds	65,834		734		599		65,969
MBS	353,517		5,294		3,721		355,090
	$	675,914	$	12,591	$	5,656	$	682,849

Debt Securities, Available-for-Sale

(Dollars in thousands)	Amortized Cost		Fair Value
Due in less than one year	$	509	$	508
Due in one year to five years	5,279		5,215
Due in five to ten years	77,271		73,201
Due in ten years or more	167,876		151,944
MBS	353,222		319,280
	$	604,157	$	550,148

Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value

The following tables summarize gross unrealized losses and the related fair value, aggregated by investment category and length of time that individual AFS securities have been in a continuous unrealized loss position at the dates indicated.

	December 31, 2022
	Less than 12 Months				12 Months or More				Total
(Dollars in thousands)	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Student Loan Pools	$	24,768	$	638	$	30,684	$	1,071	$	55,452	$	1,709
SBA Bonds	8,404		121		45,969		3,126		54,373		3,247
Tax Exempt Municipal Bonds	8,051		719		4,929		913		12,980		1,632
Taxable Municipal Bonds	14,428		3,197		36,342		11,283		50,770		14,480
MBS	146,016		11,133		170,578		22,839		316,594		33,972
	$	201,667	$	15,808	$	288,502	$	39,232	$	490,169	$	55,040

	December 31, 2021
	Less than 12 Months				12 Months or More				Total
(Dollars in thousands)	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Student Loan Pools	$	36,817	$	216	$	8,827	$	40	$	45,644	$	256
SBA Bonds	15,916		360		48,791		720		64,707		1,080
Taxable Municipal Bonds	28,032		413		4,343		186		32,375		599
MBS	160,098		2,866		22,952		855		183,050		3,721
	$	240,863	$	3,855	$	84,913	$	1,801	$	325,776	$	5,656