Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements - Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments (Details)

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Fair Value Measurements - Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Financial Assets:      
Total available for sale, Fair Value $ 212,420 $ 96,937  
SBA servicing rights 2,953 3,355 $ 3,965
Level 1      
Financial Assets:      
Cash and cash equivalents 263,034 325,957  
Equity investments at fair value 24,000    
Level 2      
Financial Assets:      
Time deposits in other banks   490  
Total available for sale, Fair Value 212,420 96,937  
FHLB and other bank stock 5,718 8,310  
Loans held for sale 1,598 4,307  
Accrued interest receivable 11,199 6,507  
Bank-owned life insurance 15,969 15,610  
Customer interest rate swaps 3,009    
Financial Liabilities:      
Deposits 2,427,412 1,855,491  
Accrued interest payable 1,303 1,219  
Short-term borrowings 10,136    
Long-term borrowings 245,311 102,488  
Correspondent interest rate swaps 3,009    
Level 3      
Financial Assets:      
Loans, net 2,364,646 1,758,511  
SBA servicing rights 2,953 3,355  
Carrying Value      
Financial Assets:      
Cash and cash equivalents 263,034 325,957  
Equity investments at fair value 24,000    
Time deposits in other banks   490  
Total available for sale, Fair Value 212,420 96,937  
FHLB and other bank stock 5,718 8,310  
Loans, net 2,372,506 1,760,445  
Loans held for sale 1,470 3,989  
Accrued interest receivable 11,199 6,507  
Bank-owned life insurance 15,969 15,610  
SBA servicing rights 2,953 3,355  
Customer interest rate swaps 3,009    
Financial Liabilities:      
Deposits 2,459,135 1,928,126  
Accrued interest payable 1,303 1,219  
Short-term borrowings 10,000    
Long-term borrowings 242,020 105,140  
Correspondent interest rate swaps 3,009    
Fair Value      
Financial Assets:      
Cash and cash equivalents 263,034 325,957  
Equity investments at fair value 24,000    
Time deposits in other banks   490  
Total available for sale, Fair Value 212,420 96,937  
FHLB and other bank stock 5,718 8,310  
Loans, net 2,364,646 1,758,511  
Loans held for sale 1,598 4,307  
Accrued interest receivable 11,199 6,507  
Bank-owned life insurance 15,969 15,610  
SBA servicing rights 2,953 3,355  
Customer interest rate swaps 3,009    
Financial Liabilities:      
Deposits 2,427,412 1,855,491  
Accrued interest payable 1,303 1,219  
Short-term borrowings 10,136    
Long-term borrowings 245,311 $ 102,488  
Correspondent interest rate swaps $ 3,009