Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4 Our loan portfolio consists primarily of loans to borrowers within the Southern California metropolitan area, the New York City metropolitan area, Chicago (Illinois), Las Vegas (Nevada), Edison (New Jersey) and Honolulu (Hawaii). Although we seek to avoid concentrations of loans to a single industry or based upon a single class of collateral, real estate and real estate associated businesses are among the principal industries in our market area and, as a result, our loan and collateral portfolios are, to some degree, concentrated in those industries. The following table presents the balances in our loan held for investment ("HFI") portfolio as of the dates indicated: September 30, 2024 December 31, 2023 Loans HFI: (1) (dollars in thousands) Real Estate: Construction and land development $ 180,196 $ 181,469 Commercial real estate (2) 1,252,682 1,167,857 Single-family residential mortgages 1,473,396 1,487,796 Commercial: Commercial and industrial 128,861 130,096 SBA 48,089 52,074 Other 8,672 12,569 Total loans HFI $ 3,091,896 $ 3,031,861 Allowance for loan losses (43,685 ) (41,903 ) Total loans HFI, net $ 3,048,211 $ 2,989,958 ( 1 Net of discounts on acquired loans of $789 and $970 and net deferred fees of $1,256 and $1,512 as of September 30, 2024 December 31, 2023. ( 2 Includes non-farm and non-residential real estate loans, multifamily residential and single-family residential loans for a business purpose. The following table presents a summary of the changes in the ACL for the periods indicated: For the Three Months Ended September 30, 2024 June 30, 2024 September 30, 2023 Allowance for loan losses Reserve for unfunded loan commitments (1) Allowance for credit losses Allowance for loan losses Reserve for unfunded loan commitments (1) Allowance for credit losses Allowance for loan losses Reserve for unfunded loan commitments (1) Allowance for credit losses (dollars in thousands) Beginning balance $ 41,741 $ 624 $ 42,365 $ 41,688 $ 671 $ 42,359 $ 43,092 $ 797 $ 43,889 Provision for/(reversal of) credit losses 3,145 155 3,300 604 (47 ) 557 1,544 (145 ) 1,399 Charge-offs (1,210 ) — (1,210 ) (567 ) — (567 ) (2,217 ) — (2,217 ) Recoveries 9 — 9 16 — 16 11 — 11 Ending balance $ 43,685 $ 779 $ 44,464 $ 41,741 $ 624 $ 42,365 $ 42,430 $ 652 $ 43,082 ( 1 Included in “Accrued interest and other liabilities” For the Nine Months Ended September 30, 2024 2023 Allowance for loan losses Reserve for unfunded loan commitments (1) Allowance for credit losses Allowance for loan losses Reserve for unfunded loan commitments (1) Allowance for credit losses (dollars in thousands) Beginning balance $ 41,903 $ 640 $ 42,543 $ 41,076 $ 1,156 $ 42,232 Provision for/(reversal of) credit losses 3,718 139 3,857 4,297 (504 ) 3,793 Charge-offs (1,991 ) — (1,991 ) (2,992 ) — (2,992 ) Recoveries 55 — 55 49 — 49 Ending balance $ 43,685 $ 779 $ 44,464 $ 42,430 $ 652 $ 43,082 ( 1 Included in “Accrued interest and other liabilities” The following tables present the balance and activity related to the ALL for loans HFI by loan portfolio segment for the periods presented. For the Three Months Ended September 30, 2024 Construction and land development Commercial real estate Single-family residential mortgages Commercial and industrial SBA Other Total Allowance for loan losses: (dollars in thousands) Beginning balance $ 1,352 $ 18,434 $ 19,840 $ 1,285 $ 675 $ 155 $ 41,741 Provision for/(reversal of) credit losses 1,441 4,406 (2,898 ) 31 (9 ) 174 3,145 Charge-offs (974 ) (189 ) — (6 ) — (41 ) (1,210 ) Recoveries — — — 1 — 8 9 Ending allowance balance $ 1,819 $ 22,651 $ 16,942 $ 1,311 $ 666 $ 296 $ 43,685 For the Three Months Ended June 30, 2024 Construction and land development Commercial real estate Single-family residential mortgages Commercial and industrial SBA Other Total Allowance for loan losses: (dollars in thousands) Beginning balance $ 1,311 $ 18,307 $ 19,878 $ 1,294 $ 735 $ 163 $ 41,688 Provision for/(reversal of) credit losses 41 653 (38 ) (9 ) (60 ) 17 604 Charge-offs — (526 ) — — — (41 ) (567 ) Recoveries — — — — — 16 16 Ending allowance balance $ 1,352 $ 18,434 $ 19,840 $ 1,285 $ 675 $ 155 $ 41,741 For the Three Months Ended September 30, 2023 Construction and land development Commercial real estate Single-family residential mortgages Commercial and industrial SBA Other Total Allowance for loan losses: (dollars in thousands) Beginning balance $ 2,448 $ 17,305 $ 21,116 $ 1,110 $ 623 $ 490 $ 43,092 (Reversal of)/provision for credit losses (668 ) 2,407 (776 ) 256 553 (228 ) 1,544 Charge-offs (13 ) (2,137 ) — — — (67 ) (2,217 ) Recoveries — — — 1 — 10 11 Ending allowance balance $ 1,767 $ 17,575 $ 20,340 $ 1,367 $ 1,176 $ 205 $ 42,430 For the Nine Months Ended September 30, 2024 Construction and land development Commercial real estate Single-family residential mortgages Commercial and industrial SBA Other Total Allowance for loan losses: (dollars in thousands) Beginning balance $ 1,219 $ 17,826 $ 20,117 $ 1,348 $ 1,196 $ 197 $ 41,903 Provision for/(reversal of) credit losses 1,574 5,656 (3,175 ) (30 ) (530 ) 223 3,718 Charge-offs (974 ) (831 ) — (9 ) — (177 ) (1,991 ) Recoveries — — — 2 — 53 55 Ending allowance balance $ 1,819 $ 22,651 $ 16,942 $ 1,311 $ 666 $ 296 $ 43,685 For the Nine Months Ended September 30, 2023 Construction and land development Commercial real estate Single-family residential mortgages Commercial and industrial SBA Other Total Allowance for loan losses: (dollars in thousands) Beginning balance $ 2,638 $ 17,657 $ 17,640 $ 1,804 $ 621 $ 716 $ 41,076 (Reversal of)/provision for credit losses (858 ) 2,454 2,793 (438 ) 616 (270 ) 4,297 Charge-offs (13 ) (2,536 ) (93 ) — (62 ) (288 ) (2,992 ) Recoveries — — — 1 1 47 49 Ending allowance balance $ 1,767 $ 17,575 $ 20,340 $ 1,367 $ 1,176 $ 205 $ 42,430 We categorize loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, collateral adequacy, credit documentation, and current economic trends, among other factors. We analyze loans individually by classifying the loans as to credit risk. This analysis typically includes larger, non-homogeneous loans such as commercial real estate and commercial and industrial loans. This analysis is performed on an ongoing basis as new information is obtained. We use the following definitions for risk ratings: Pass not Special Mention may Substandard not Doubtful The following tables summarize our loans HFI by loan portfolio segment, risk rating and vintage year as of the dates indicated. The vintage year is the year of origination, renewal or major modification. Term Loan by Vintage September 30, 2024 2024 2023 2022 2021 2020 Prior Revolving Revolving Converted to Term During the Period Total Real estate: (dollars in thousands) Construction and land development Pass $ 95,477 $ 8,939 $ — $ — $ 1,375 $ 102 $ — $ — $ 105,893 Special mention — — — — 43,566 — — — 43,566 Substandard — 8,996 — 11,706 10,035 — — — 30,737 Doubtful — — — — — — — — — Total $ 95,477 $ 17,935 $ — $ 11,706 $ 54,976 $ 102 $ — $ — $ 180,196 YTD gross charge-offs $ — $ — $ 974 $ — $ — $ — $ — $ — $ 974 Commercial real estate Pass $ 222,379 $ 58,587 $ 396,870 $ 153,510 $ 162,438 $ 203,457 $ — $ — $ 1,197,241 Special mention — — — 16,324 3,055 12,399 — — 31,778 Substandard — — — 3,292 10,708 9,663 — — 23,663 Doubtful — — — — — — — — — Total $ 222,379 $ 58,587 $ 396,870 $ 173,126 $ 176,201 $ 225,519 $ — $ — $ 1,252,682 YTD gross charge-offs $ — $ — $ — $ — $ 414 $ 417 $ — $ — $ 831 Single-family residential mortgages Pass $ 102,590 $ 141,238 $ 560,767 $ 227,913 $ 114,684 $ 310,340 $ 1,192 $ — $ 1,458,724 Special mention — — — — — — — — — Substandard — — 736 1,604 1,918 10,414 — — 14,672 Doubtful — — — — — — — — — Total $ 102,590 $ 141,238 $ 561,503 $ 229,517 $ 116,602 $ 320,754 $ 1,192 $ — $ 1,473,396 YTD gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial: Commercial and industrial Pass $ 7,556 $ 1,152 $ 2,771 $ 4,169 $ 2,307 $ 6,231 $ 95,591 $ — $ 119,777 Special mention — — — — — — 1,156 — 1,156 Substandard — — 75 — 1,340 4,826 1,687 — 7,928 Doubtful — — — — — — — — — Total $ 7,556 $ 1,152 $ 2,846 $ 4,169 $ 3,647 $ 11,057 $ 98,434 $ — $ 128,861 YTD gross charge-offs $ 6 $ — $ 3 $ — $ — $ — $ — $ — $ 9 SBA Pass $ 5,657 $ 1,829 $ 10,893 $ 9,780 $ 429 $ 15,700 $ — $ — $ 44,288 Special mention — — — — 1,001 — — — 1,001 Substandard 144 — — 333 — 2,323 — — 2,800 Doubtful — — — — — — — — — Total $ 5,801 $ 1,829 $ 10,893 $ 10,113 $ 1,430 $ 18,023 $ — $ — $ 48,089 YTD gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Other: Pass $ — $ 141 $ 1,795 $ 6,337 $ 353 $ 2 $ 13 $ — $ 8,641 Special mention — — — — — — — — — Substandard — — — 31 — — — — 31 Doubtful — — — — — — — — — Total $ — $ 141 $ 1,795 $ 6,368 $ 353 $ 2 $ 13 $ — $ 8,672 YTD gross charge-offs $ — $ — $ 4 $ 167 $ 6 $ — $ — $ — $ 177 Total by risk rating: Pass $ 433,659 $ 211,886 $ 973,096 $ 401,709 $ 281,586 $ 535,832 $ 96,796 $ — $ 2,934,564 Special mention — — — 16,324 47,622 12,399 1,156 — 77,501 Substandard 144 8,996 811 16,966 24,001 27,226 1,687 — 79,831 Doubtful — — — — — — — — — Total loans $ 433,803 $ 220,882 $ 973,907 $ 434,999 $ 353,209 $ 575,457 $ 99,639 $ — $ 3,091,896 Total YTD gross charge-offs $ 6 $ — $ 981 $ 167 $ 420 $ 417 $ — $ — $ 1,991 Term Loan by Vintage December 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Revolving Converted to Term During the Period Total Real estate: (dollars in thousands) Construction and land development Pass $ 127,602 $ 25,880 $ 12,168 $ 3,919 $ 192 $ 32 $ — $ — $ 169,793 Special mention — — 11,676 — — — — — 11,676 Substandard — — — — — — — — — Doubtful — — — — — — — — — Total $ 127,602 $ 25,880 $ 23,844 $ 3,919 $ 192 $ 32 $ — $ — $ 181,469 YTD gross charge-offs $ — $ — $ — $ — $ — $ 140 $ — $ — $ 140 Commercial real estate Pass $ 90,126 $ 423,564 $ 186,904 $ 175,650 $ 94,796 $ 152,847 $ — $ — $ 1,123,887 Special mention — — — — 7,719 4,880 — — 12,599 Substandard 301 — — 11,410 2,295 17,365 — — 31,371 Doubtful — — — — — — — — — Total $ 90,427 $ 423,564 $ 186,904 $ 187,060 $ 104,810 $ 175,092 $ — $ — $ 1,167,857 YTD gross charge-offs $ — $ 2,078 $ — $ 459 $ — $ — $ — $ — $ 2,537 Single-family residential mortgages Pass $ 156,372 $ 593,539 $ 239,502 $ 125,346 $ 83,002 $ 265,050 $ 1,720 $ — $ 1,464,531 Special mention — — 619 — — 3,855 — — 4,474 Substandard — 719 758 4,985 545 11,740 44 — 18,791 Doubtful — — — — — — — — — Total $ 156,372 $ 594,258 $ 240,879 $ 130,331 $ 83,547 $ 280,645 $ 1,764 $ — $ 1,487,796 YTD gross charge-offs $ — $ — $ — $ 93 $ — $ — $ — $ — $ 93 Commercial: Commercial and industrial — Pass $ 1,305 $ 3,283 $ 6,281 $ 2,901 $ 2,049 $ 4,700 $ 99,339 $ — $ 119,858 Special mention — — — — — — 2,737 — 2,737 Substandard — 87 — 1,410 7 4,952 1,045 — 7,501 Doubtful — — — — — — — — — Total $ 1,305 $ 3,370 $ 6,281 $ 4,311 $ 2,056 $ 9,652 $ 103,121 $ — $ 130,096 YTD gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — SBA Pass $ 5,642 $ 11,023 $ 10,037 $ 2,324 $ 4,588 $ 13,783 $ — $ — $ 47,397 Special mention — — 331 — — 1,025 — — 1,356 Substandard — — — — 85 3,236 — — 3,321 Doubtful — — — — — — — — — Total $ 5,642 $ 11,023 $ 10,368 $ 2,324 $ 4,673 $ 18,044 $ — $ — $ 52,074 YTD gross charge-offs $ — $ — $ — $ — $ — $ 62 $ — $ — $ 62 Other: Pass $ 193 $ 2,727 $ 8,813 $ 674 $ 29 $ — $ 18 $ — $ 12,454 Special mention — — — — — — — — — Substandard — 80 28 7 — — — — 115 Doubtful — — — — — — — — — Total $ 193 $ 2,807 $ 8,841 $ 681 $ 29 $ — $ 18 $ — $ 12,569 YTD gross charge-offs $ — $ 79 $ 273 $ 10 $ — $ — $ — $ — $ 362 Total by risk rating: Pass $ 381,240 $ 1,060,016 $ 463,705 $ 310,814 $ 184,656 $ 436,412 $ 101,077 $ — $ 2,937,920 Special mention — — 12,626 — 7,719 9,760 2,737 — 32,842 Substandard 301 886 786 17,812 2,932 37,293 1,089 — 61,099 Doubtful — — — — — — — — — Total loans $ 381,541 $ 1,060,902 $ 477,117 $ 328,626 $ 195,307 $ 483,465 $ 104,903 $ — $ 3,031,861 Total YTD gross charge-offs $ — $ 2,157 $ 273 $ 562 $ — $ 202 $ — $ — $ 3,194 The following tables present the aging of the recorded investment in past due loans, by loan portfolio segment, as of the dates indicated. September 30, 2024 30-59 Days 60-89 Days 90 Days Or More Total Past Due (1) Loans Not Past Due Total Loans (1) Nonaccrual Loans (1) Real estate: (dollars in thousands) Construction and land development $ — $ — $ 19,032 $ 19,032 $ 161,164 $ 180,196 $ 19,032 Commercial real estate 1,119 3,292 16,916 21,327 1,231,355 1,252,682 20,430 Single-family residential mortgages 9,111 1,710 10,358 21,179 1,452,217 1,473,396 13,997 Commercial: Commercial and industrial 65 117 6,348 6,530 122,331 128,861 6,464 SBA 1,072 81 467 1,620 46,469 48,089 739 Other 60 11 — 71 8,601 8,672 — Total $ 11,427 $ 5,211 $ 53,121 $ 69,759 $ 3,022,137 $ 3,091,896 $ 60,662 December 31, 2023 Real estate: Construction and land development $ — $ — $ — $ — $ 181,469 $ 181,469 $ — Commercial real estate 1,341 216 1,582 3,139 1,164,718 1,167,857 10,569 Single-family residential mortgages 9,050 5,795 15,134 29,979 1,457,817 1,487,796 18,103 Commercial: Commercial and industrial 1,544 — 854 2,398 127,698 130,096 854 SBA 356 — 2,085 2,441 49,633 52,074 2,085 Other 160 20 8 188 12,381 12,569 8 Total $ 12,451 $ 6,031 $ 19,663 $ 38,145 $ 2,993,716 $ 3,031,861 $ 31,619 ( 1 Past due loans include nonaccrual loans and are therefore included in total loans. We had no 90 September 30, 2024 December 31, 2023. The following table presents the loans on nonaccrual status and the balance of such loans with no September 30, 2024 December 31, 2023 Nonaccrual Loans Nonaccrual Loans with no with no Allowance Allowance for Loan Loss Nonaccrual Loans for Loan Loss Nonaccrual Loans Real estate: (dollars in thousands) Construction and land development $ 19,032 $ 19,032 $ — $ — Commercial real estate 13,173 20,430 10,569 10,569 Single-family residential mortgages 13,997 13,997 18,103 18,103 Commercial: Commercial and industrial (1) 6,348 6,464 610 854 SBA 739 739 937 2,085 Other: — — — 8 Total $ 53,289 $ 60,662 $ 30,219 $ 31,619 ( 1 The following tables present the amortized cost basis of individually evaluated collateral-dependent loans, by loan class and type of collateral which secures such loans as of the dates indicated: September 30, 2024 Commercial Real Estate Residential Real Estate Business Assets Total Real Estate: (dollars in thousands) Construction and land development $ 19,032 $ — $ — $ 19,032 Commercial real estate 20,208 222 — 20,430 Single-family residential mortgages — 13,997 — 13,997 Commercial: Commercial and industrial — 6,348 116 6,464 SBA 629 25 85 739 Total loans $ 39,869 $ 20,592 $ 201 $ 60,662 December 31, 2023 Commercial Real Estate Residential Real Estate Business Assets Total Real Estate: (dollars in thousands) Commercial real estate $ 10,353 $ 216 $ — $ 10,569 Single-family residential mortgages — 18,103 — 18,103 Commercial: Commercial and industrial — 610 244 854 SBA 800 1,200 85 2,085 Total loans $ 11,153 $ 20,129 $ 329 $ 31,611 No interest income was recognized on a cash basis during the three nine September 30, 2024, 2023. not three nine September 30, 2024 2023, On January 1, 2023, 2022 02, 326 may may one The total balance of modified loans to borrowers experiencing financial difficulty was $18.3 million at September 30, 2024 December 31, 2023. third 2024. September 30, 2024. September 30, 2024 fourth 2023, September 30, 2024. no three nine September 30, 2023. There were no September 30, 2024 December 31, 2023. September 30, 2024 three September 30, 2024, June 30, 2024 September 30, 2023, nine September 30, 2024 2023 no The following table presents our loan modifications made to borrowers experiencing financial difficulty by type of modification for the three nine September 30, 2024 : Balances at September 30, 2024 Term Extension Financial Effect of Loan Modifications Balance Percent of Total Class of Loans Term Extension (in Years) (dollars in thousands) Construction and land development $ 10,036 5.6% 1.0 |