v3.25.2
Basis of Presentation and Significant Accounting Policies - Revision of Prior Period (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Consolidated Balance Sheets (Unaudited)        
Option derivative $ 0      
Total assets 3,183,758   $ 3,063,971  
Common stock 143,156   143,195  
Total shareholders’ equity 370,864 $ 350,005 363,814 $ 348,872
Total liabilities and shareholders’ equity 3,183,758   $ 3,063,971  
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)        
Recognition of option derivative $ 0      
Reportable Segment        
Note 16 - Segment Information        
Return on average assets 1.01% 0.67%    
Return on average shareholders’ equity 8.53% 5.39%    
Tier 1 leverage ratio (consolidated) 0.1214 0.1273    
PCB Bancorp, as restated        
Note 14 - Regulatory Matters        
Capital buffer 6.75%   6.94%  
Common tier 1 capital (to risk-weighted assets) 0.1125   0.1144  
Total capital (to risk-weighted assets) 0.1498   0.1524  
Tier 1 capital (to risk-weighted assets) 0.1377   0.1404  
Tier 1 capital (to average assets) 0.1214   0.1245  
Recurring        
Note 2 - Fair Value        
Total assets measured at fair value on a recurring basis $ 148,190   $ 146,349  
Significant Unobservable Inputs (Level 3) | Recurring        
Note 2 - Fair Value        
Total assets measured at fair value on a recurring basis 0   $ 0  
Significant Unobservable Inputs (Level 3) | Recurring | Option derivative        
Consolidated Balance Sheets (Unaudited)        
Option derivative 0      
Previously Reported        
Consolidated Balance Sheets (Unaudited)        
Option derivative 35,778      
Total assets 3,219,536      
Common stock 178,934      
Total shareholders’ equity 406,642      
Total liabilities and shareholders’ equity 3,219,536      
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)        
Recognition of option derivative $ 35,778      
Previously Reported | Reportable Segment        
Note 16 - Segment Information        
Return on average assets 1.00%      
Return on average shareholders’ equity 7.90%      
Tier 1 leverage ratio (consolidated) 0.1316      
Previously Reported | PCB Bancorp, as restated        
Note 14 - Regulatory Matters        
Capital buffer 8.02%      
Common tier 1 capital (to risk-weighted assets) 0.1252      
Total capital (to risk-weighted assets) 0.1625      
Tier 1 capital (to risk-weighted assets) 0.1504      
Tier 1 capital (to average assets) 0.1316      
Previously Reported | Recurring        
Note 2 - Fair Value        
Total assets measured at fair value on a recurring basis $ 183,968      
Previously Reported | Significant Unobservable Inputs (Level 3) | Recurring        
Note 2 - Fair Value        
Total assets measured at fair value on a recurring basis 35,778      
Previously Reported | Significant Unobservable Inputs (Level 3) | Recurring | Option derivative        
Consolidated Balance Sheets (Unaudited)        
Option derivative 35,778      
Restatement Adjustment | Preferred Stock Purchase Option Fair Value Recognition        
Consolidated Balance Sheets (Unaudited)        
Option derivative (35,778)      
Total assets (35,778)      
Common stock (35,778)      
Total shareholders’ equity (35,778)      
Total liabilities and shareholders’ equity (35,778)      
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)        
Recognition of option derivative $ (35,778)      
Restatement Adjustment | Reportable Segment | Preferred Stock Purchase Option Fair Value Recognition        
Note 16 - Segment Information        
Return on average assets 0.01%      
Return on average shareholders’ equity 0.63%      
Tier 1 leverage ratio (consolidated) (0.0102)      
Restatement Adjustment | PCB Bancorp, as restated | Preferred Stock Purchase Option Fair Value Recognition        
Note 14 - Regulatory Matters        
Capital buffer 1.27%      
Common tier 1 capital (to risk-weighted assets) 0.0127      
Total capital (to risk-weighted assets) 0.0127      
Tier 1 capital (to risk-weighted assets) 0.0127      
Tier 1 capital (to average assets) 0.0102      
Restatement Adjustment | Recurring | Preferred Stock Purchase Option Fair Value Recognition        
Note 2 - Fair Value        
Total assets measured at fair value on a recurring basis $ (35,778)      
Restatement Adjustment | Significant Unobservable Inputs (Level 3) | Recurring | Preferred Stock Purchase Option Fair Value Recognition        
Note 2 - Fair Value        
Total assets measured at fair value on a recurring basis (35,778)      
Restatement Adjustment | Significant Unobservable Inputs (Level 3) | Recurring | Option derivative | Preferred Stock Purchase Option Fair Value Recognition        
Consolidated Balance Sheets (Unaudited)        
Option derivative $ (35,778)